Queens County, NY Workout Lawyers, page 7

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Hector Manuel Roman

Commercial Real Estate, Bankruptcy & Debt, Accident & Injury
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  31 Years

Ilana F. Davidov

Estate Planning, Estate, Family Law, Elder Law
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           

Ira H. Futterman

Corporate, Medical Malpractice, Personal Injury, Professional Malpractice
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  58 Years

Jacqueline Torchin Carey

Criminal, Divorce & Family Law, Bankruptcy & Debt, Securities Fraud
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  35 Years

James H.L. Brown

Mass Torts, Immigration, Civil Rights, Personal Injury
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  21 Years

Janet Fashakin

Divorce & Family Law, Immigration, Real Estate, Lawsuit & Dispute
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  25 Years

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John F. Scheich

Business Organization, Banking & Finance, Wills & Probate, Elder Law
Status:  Retired *Status is reviewed annually. For latest information visit here           Licensed:  45 Years

Joseph P. Trainor

Criminal, Divorce & Family Law, Motor Vehicle, Real Estate
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  30 Years

Joseph Frank Defelice

Motor Vehicle, Immigration, US Courts, Divorce & Family Law, Criminal
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  52 Years

Marc Orlofsky

Tax, Criminal
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  50 Years

Free Help: Use This Form or Call 800-814-6700

Member Representative

Call me for fastest results!
800-814-6700

Free Help: Use This Form or Call 800-814-6700

By submitting this request, I authorize you to forward my information to multiple potential lawyers and I agree to your Terms of Use and Privacy Policy including the Consent to Receive Automated Phone Calls, Emails and Texts. Information you provide is not privileged or confidential.

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LEGAL TERMS

COLLATERAL

Property that guarantees payment of a secured debt.

FCBA

See Fair Credit Billing Act.

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemp... (more...)
In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemptible because it has been damaged or destroyed.

MEANS TEST

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income ... (more...)
A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income for his or her state should be allowed to file for Chapter 7 bankruptcy.

PRIORITY DEBT

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13... (more...)
A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13 bankruptcy. Priority debts include alimony and child support, fees owed to the trustee and the attorney in the bankruptcy case, and wages owed to employees.

SECURED DEBT

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collater... (more...)
A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collateral, to satisfy the debt if you default. Compare unsecured debt.

DISPOSABLE INCOME

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Ch... (more...)
The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Chapter 13 plan.

GENERAL PARTNER

A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners), is personally liable for all the... (more...)
A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners), is personally liable for all the business's debts and obligations. A general partner's actions can legally bind the entire business. See also partnership, limited partnership.

UNSECURED DEBT

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only reme... (more...)
A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only remedy is to sue you and get a judgment. Compare secured debt.

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