Sullivan Bankruptcy & Debt Lawyer, Ohio

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Gregory Francis Locke

Corporate, Family Law, Personal Injury, Commercial Bankruptcy
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  47 Years

Joseph Pettigrew Kearns

Tax, Federal Appellate Practice, Elder Law, Collection
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  30 Years

Robert Paul Desanto

Corporate, Collection, Personal Injury, Labor Law
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  47 Years

Josiah Locke Mason

Family Law, Insurance, Bankruptcy, Personal Injury
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  64 Years

Thomas Jay Weygandt

Dispute Resolution, Agriculture, Corporate, Commercial Bankruptcy
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  29 Years

Vance Paul Truman

Other, Government, Divorce & Family Law, Bankruptcy
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  31 Years

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Andrew Korduba

Workers' Compensation, Divorce & Family Law, Criminal, Bankruptcy & Debt, Accident & Injury

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Glenna Marie Roberts

Litigation, Health Care Other, Insurance, Collection
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  37 Years

Kevin J. Shebesta

Estate Planning, Workers' Compensation, Contract, Collection
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           

Chris Dana Carey

Estate, Corporate, Collection, Personal Injury
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  30 Years

Free Help: Use This Form or Call 800-943-8690

Member Representative

Call me for fastest results!
800-943-8690

Free Help: Use This Form or Call 800-943-8690

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LEGAL TERMS

SUBROGATION

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off i... (more...)
A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off its injured claimant takes the legal rights the claimant has against a third party that caused the injury, and sues that third party.

COLLECTION AGENCY

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the d... (more...)
A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the debt themselves, typically through letters (called 'dunning' letters) and telephone calls. Collection agencies are regulated by the federal Fair Debt Collection Practices Act. Unfortunately, too many collectors ignore this law.

NONEXEMPT PROPERTY

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typicall... (more...)
The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typically includes valuable clothing (furs) and electronic equipment, an expensive car that's been paid off and most of the equity in your house. Compare exempt property.

LIABILITY

(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pi... (more...)
(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pipe bursts the day after Paul installs it, ruining the bathroom floor. This raises the issue of liability: Who is responsible for the damage? Peri claims that Paul is responsible, and sues him for the cost of hiring another plumber to fix the pipe and replacing the floor. Paul, in turn, claims that the pipe manufacturer is responsible, because they supplied him with faulty materials. Both Peri and Paul must prove their claims in court; if Paul and/or the manufacturer is found liable, one or both will have to pay damages to Peri. (2) Something for which a person is liable. For example, a debt is often called a liability.

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.

FCBA

See Fair Credit Billing Act.

FAIR LABOR STANDARDS ACT (FLSA)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements ... (more...)
A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements for overtime and places restrictions on child labor.

COLLATERAL

Property that guarantees payment of a secured debt.

GARNISHMENT

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if ... (more...)
A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if she loses a lawsuit filed by the creditor. Up to 25% of a person's wages can be deducted.

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