Scott Bankruptcy & Debt Lawyer, Arkansas

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Stephen B. Niswanger Lawyer

Stephen B. Niswanger

VERIFIED
Lawsuit & Dispute, Collection, Real Estate, Contract, Construction

Steve Niswanger is the managing member of the firm and has about 20 years experience in business and general litigation and transactions, with an emph... (more)

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800-931-3770

Chuck Michael Douglas Lawyer

Chuck Michael Douglas

VERIFIED
Bankruptcy & Debt, Lawsuit & Dispute, Credit & Debt, Consumer Rights, Business
Don't file Bankruptcy!

Chuck Douglas is a practicing lawyer in the state of Georgia. He received his J.D. from Georgia State University. He currently works for his privately... (more)

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501-566-3139

Scott Fletcher

Bankruptcy, Business Organization, Elder Law, Income Tax
Status:  In Good Standing           

Lyndsey D. Dilks

Bankruptcy, Bankruptcy Litigation, Collection, Commercial Bankruptcy
Status:  In Good Standing           

Robert R. Danecki

Bankruptcy & Debt, Bankruptcy, Bankruptcy Litigation, Consumer Bankruptcy, Credit & Debt
Status:  In Good Standing           Licensed:  32 Years

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Richard L. Mays

Real Estate, Criminal, Bankruptcy, Accident & Injury
Status:  In Good Standing           Licensed:  14 Years

Steve Niswanger

Business, Real Estate, Collection, Foreclosure

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Rusty Sparks

Bankruptcy & Debt, Bankruptcy, Divorce & Family Law, Family Law

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Timothy C. Ezell

Corporate, Contract, Business Organization, Credit & Debt
Status:  In Good Standing           Licensed:  24 Years

James C. Clark

Real Estate, Corporate, Bankruptcy Litigation, Bankruptcy & Debt
Status:  In Good Standing           Licensed:  55 Years

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LEGAL TERMS

FCBA

See Fair Credit Billing Act.

GUARANTOR

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. T... (more...)
A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. The guarantor gives a 'guaranty,' which is an assurance that the debt or other obligation will be fulfilled.

LIQUIDATING PARTNER

The member of an insolvent or dissolving partnership responsible for paying the debts and settling the accounts of the partnership.

IRS EXPENSES

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income mu... (more...)
A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income must use the IRS expenses to calculate their average net income in a Chapter 7 case, or their disposable income in a Chapter 13 case.

DOING BUSINESS AS (DBA)

A situation in which a business owner operates a company under a name different from his or her real name. The owner must file a 'fictitious name statement' or ... (more...)
A situation in which a business owner operates a company under a name different from his or her real name. The owner must file a 'fictitious name statement' or similar document with the appropriate agency -- for example, the county clerk. This enables consumers to discover the names of the business owners, which is important if a consumer needs to sue the business.

REAFFIRMATION

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing deb... (more...)
An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing debt after the bankruptcy case is over. For instance, a debtor might make a reaffirmation agreement with the holder of a car note that the debtor can keep the car and must continue to pay the debt after bankruptcy.

C CORPORATION

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S c... (more...)
Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S corporation, whose profits are passed through to shareholders and taxed on their personal returns under subchapter S of the Internal Revenue Code.

NO-FAULT INSURANCE

Car insurance laws that require the insurance companies of each person in an accident to pay for medical bills and lost wages of their insured, up to a certain ... (more...)
Car insurance laws that require the insurance companies of each person in an accident to pay for medical bills and lost wages of their insured, up to a certain amount, regardless of who was at fault. The effect of no-fault insurance laws is to eliminate lawsuits in small accidents. The advantage is the prompt payment of medical bills and expenses. The downsides are that the amounts paid by no-fault policies are often not enough to fully cover a person's losses and that no-fault does not compensate for pain and suffering.

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.