Toledo Bankruptcy & Debt Lawyer, Ohio, page 4

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Ronald Lasko
About | Practice Areas
R. Lasko Co. LPA, LLC
1406 W 6th St STE 200, Cleveland, OH 44113» view map
Business, Estate, Real Estate, Employment
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Let R. Lasko Co. LPA, LLC handle all your legal needs today!

216-574-2602
1. Ronald Lasko Cleveland, OH
  Attorney at Law, OH
  Cleveland-Marshall College of Law, J.D. 1976
2. AboutR. Lasko Co. LPA, LLC
  Competent Legal Representation
3. Practice AreasExpertise
  Business Law
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Jack Zouhary

Litigation, Antitrust, Commercial Bankruptcy, Personal Injury

Status: In Good Standing Licensed: 48 Years

CONTACT

1716 Spielbusch Ave, Toledo, OH 43604

Mark Howard Rose

Real Estate, Corporate, Commercial Bankruptcy, Bankruptcy

Status: In Good Standing Licensed: 37 Years

CONTACT

100 Madison Ave, Toledo, OH 43604

Jeffrey David Levy

Family Law, Corporate, Bankruptcy, Personal Injury

Status: In Good Standing Licensed: 48 Years

CONTACT

420 Madison Ave, Toledo, OH 43604

Sarah Ann Mchugh

Litigation, Corporate, Collection, Personal Injury

Status: In Good Standing Licensed: 42 Years

CONTACT

20 N Saint Clair St, Toledo, OH 43604

Vaughn Allan Hoblet

Estate, Corporate, Commercial Bankruptcy, Bankruptcy

Status: In Good Standing Licensed: 51 Years

CONTACT

4 Seagate, Toledo, OH 43604

John P. Hayward

Litigation, Insurance, Collection, Products Liability

Status: In Good Standing Licensed: 29 Years

CONTACT

Four Seagate, Toledo, OH 43604

John Peter Hayward

Litigation, Insurance, Collection, Products Liability

Status: In Good Standing Licensed: 29 Years

CONTACT

Four Seagate, Toledo, OH 43604

Joan Canale Szuberla

Litigation, Civil Rights, Commercial Bankruptcy, Products Liability

Status: In Good Standing

CONTACT

4 SeaGate, Toledo, OH 43604

Michael William Bragg

Real Estate, Corporate, Administrative Law, Bankruptcy, Estate

Status: In Good Standing

CONTACT

4 Seagate, Toledo, OH 43604

Byron Stas Choka

Real Estate, Insurance, Commercial Bankruptcy, Products Liability

Status: In Good Standing

CONTACT

4 Seagate, Toledo, OH 43604

800-923-0641

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LEGAL TERMS

FDCPA

See Fair Debt Collections & Practices Act.

BANKRUPTCY

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are ... (more...)

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are two types of bankruptcies -- liquidation, in which your debts are wiped out (discharged) and reorganization, in which you provide the court with a plan for how you intend to repay your debts. For both consumers and business, liquidation bankruptcy is called Chapter 7. For consumers, reorganization bankruptcy is called Chapter 13. Reorganization bankruptcy for consumers with an extraordinary amount of debt and for businesses is called Chapter 11. Reorganization bankruptcy for family farmers is called Chapter 12.

CREDITOR

A person or entity (such as a bank) to whom a debt is owed.

MEETING OF CREDITORS

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a f... (more...)

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a few questions. In a Chapter 7, the meeting of creditors lasts a few minutes and rarely do any creditors show up. In a Chapter 13 bankruptcy, one or two creditors may attend, especially if they disagree with some provision of your repayment plan.

SOLE PROPRIETORSHIP

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, m... (more...)

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, meaning that business profits are reported and taxed on the owner's personal tax return. Setting up a sole proprietorship is cheap and easy since no legal formation documents need be filed with any governmental agency (although tax registration and other permit and license requirements may still apply). Once you file a fictitious name statement (assuming you don't use your own name) and obtain any required basic tax permits and business licenses, you'll be in business. The main downside of a sole proprietorship is that its owner is personally liable for all business debts.

CHAPTER 13 BANKRUPTCY

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your inc... (more...)

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your income to pay all or a portion of the debts over three to five years. The minimum amount you must pay is roughly equal to the value of your nonexempt property. In addition, you must pledge your disposable net income -- after subtracting reasonable expenses -- for the period during which you are making payments. At the end of the three-to five-year period, the balance of what you owe on most debts is erased.

LIMITED PARTNERSHIP

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner ... (more...)

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner or partners (called general partners) have unlimited personal liability. The key difference between a general and limited partner concerns management decision making--general partners run the business, and limited partners, who are usually passive investors, are not allowed to make day-to-day business decisions. If they do, they risk being treated as general partners with unlimited personal liability.

ADMINISTRATIVE EXPENSES

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Admi... (more...)

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Administrative costs are typically 10% of the debtor's total payments under the plan.

TRUTH IN LENDING ACT (TILA)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disc... (more...)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disclose the terms of a loan, including the total amount of the loan, the annual interest rate and the number, amount and due dates of all payments necessary to repay the loan. The TILA requires additional disclosures and places many restrictions on mortgages.

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Toledo Bankruptcy & Debt Lawyer, Ohio, page 4

Sponsored Law Firm

R. Lasko Co. LPA, LLC

SPONSORED LAWYERS

Jack Zouhary

Mark Howard Rose

Jeffrey David Levy

Sarah Ann Mchugh

Vaughn Allan Hoblet

John P. Hayward

John Peter Hayward

Joan Canale Szuberla

Michael William Bragg

Byron Stas Choka

TIPS

LEGAL TERMS

FDCPA

BANKRUPTCY

CREDITOR

MEETING OF CREDITORS

SOLE PROPRIETORSHIP

CHAPTER 13 BANKRUPTCY

LIMITED PARTNERSHIP

ADMINISTRATIVE EXPENSES

TRUTH IN LENDING ACT (TILA)

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