Wendell Bankruptcy & Debt Lawyer, North Carolina

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George Oliver
About | Practice Areas
Oliver & Cheek, PLLC
405 Middle Street New Bern, NC 28560» view map
Bankruptcy & Debt Law
Your Business Partner

Oliver & Cheek, PLLC is a full service business firm providing a wide range of legal services to clients in North Carolina.

252-633-1930
1. George Oliver New Bern, NC
  Attorney at Law- NJ, 1999
  University of North Carolina School of Law, J.D. 1999
2. AboutOliver & Cheek, PLLC
  Your Business Partner
3. Practice AreasExpertise
  Bankruptcy & Debt Law
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2. Email
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Paul D. Bradford

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Bankruptcy & Debt

Proudly taking Bankruptcy cases out of Cary, North Carolina and the surrounding areas. Please call to set up an appointment.

CONTACT

919-758-8879

455 Swiftside Drive, Cary, NC 27518

Erica Ferranti

Bankruptcy, Elder Law, Estate Administration, Estate Planning

Status:

CONTACT

150 Fayetteville Street, Raleigh, NC 27601

J. Christopher Jackson

Corporate, Collection, Constitutional Law, Contract

Status:

CONTACT

301 Glenwood Avenue, Raleigh, NC 27603

W. Sidney Aldridge

Construction, Corporate, Business Organization, Bankruptcy

Status:

CONTACT

3700 Glenwood Avenue, Raleigh, NC 27612

Robert L. Morton

Business Organization, Contract, Wills & Probate, Bankruptcy

Status: Licensed: 30 Years

CONTACT

2900 Spring Forest Road, Raleigh, NC 27616

Aaron N. Bailey

Real Estate, Litigation, Lawsuit & Dispute, Bankruptcy

Status: Licensed: 26 Years

CONTACT

Raleigh, NC 27661

Pamela P. Keenan

Real Estate, Litigation, Bankruptcy, Bankruptcy & Debt

Status: Licensed: 38 Years

CONTACT

Raleigh, NC 27619

Jeffery P. Boykin

Litigation, Corporate, Bankruptcy, Personal Injury

Status: Licensed: 38 Years

CONTACT

319 Fayetteville Street, Raleigh, NC 27601

Paul Winborne

Accident & Injury, Bankruptcy & Debt, Divorce & Family Law, Estate

FREE CONSULTATION

CONTACT

311 East Edenton St, Raleigh, NC 27601

Jeremy Richard Williams

Nursing Home, Elder Law, Civil & Human Rights, Consumer Bankruptcy

Status: Licensed: 11 Years

CONTACT

Raleigh, NC 27605

800-814-6700

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LEGAL TERMS

FRATERNAL BENEFIT SOCIETY BENEFITS

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal socie... (more...)

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal societies that provide benefits. Also called benefit society, benevolent society or mutual aid association benefits. Under bankruptcy laws, these benefits are virtually always considered exempt property.

WINDING UP

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, a... (more...)

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, all with the ultimate goal of liquidating or closing down a corporation or partnership.

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.

LIMITED LIABILITY

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or ... (more...)

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or a person who invests in a corporation (a shareholder) generally stands to lose only the amount of money invested in the business. This means that if the business folds, creditors cannot seize or sell an owner's home, car, or other personal assets.

GRACE PERIOD

A period of time during which you are not required to make payments on a debt. For example, most credit cards give you a grace period of 20-30 days before you h... (more...)

A period of time during which you are not required to make payments on a debt. For example, most credit cards give you a grace period of 20-30 days before you have to pay interest on the amount of your purchases. Cash advances, however, usually have no grace period; interest begins to accumulate from the date of the withdrawal, even if you pay your bills on time. Also, some student loans give you a grace period after graduating or dropping out of school. During this time, you are not required to make payments on your loan.

CREDIT REPORT

An account of your credit history, prepared by a credit bureau. A credit report will contain both credit history, such as what you owe to whom and whether you m... (more...)

An account of your credit history, prepared by a credit bureau. A credit report will contain both credit history, such as what you owe to whom and whether you make the payments on time, as well as personal history, such as your former addresses, employment record and lawsuits in which you have been involved. An estimated 50% of all credit reports contain errors, such as accounts that don't belong to you, an incorrect account status or information reported that is older than seven years (ten years in the case of a bankruptcy).

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.

SETOFF

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a countercl... (more...)

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a counterclaim filed by a defendant in a lawsuit. Banks may try to exercise a setoff by taking money out of a deposit account to satisfy past due payments on a loan or credit card bill. Such an act is illegal under most circumstances.

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.

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Wendell Bankruptcy & Debt Lawyer, North Carolina

Sponsored Law Firm

Oliver & Cheek, PLLC

SPONSORED LAWYERS

Paul D. Bradford

Erica Ferranti

J. Christopher Jackson

W. Sidney Aldridge

Robert L. Morton

Aaron N. Bailey

Pamela P. Keenan

Jeffery P. Boykin

Paul Winborne

Jeremy Richard Williams

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LEGAL TERMS

FRATERNAL BENEFIT SOCIETY BENEFITS

WINDING UP

PRIORITY DEBT

LIMITED LIABILITY

GRACE PERIOD

CREDIT REPORT

UNSECURED DEBT

SETOFF

DISPOSABLE INCOME

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