Austinburg Credit & Debt Lawyer, Ohio

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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
Competent Legal Representation

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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Barbara Quinn Smith

Lawsuit & Dispute, Business, Bankruptcy & Debt, Collection, Credit & Debt

Status: In Good Standing Licensed: 33 Years

CONTACT

9853 Johnnycake Ridge Rd., Mentor, OH 44060

Charles Vincent Gasior

Credit & Debt, Commercial Real Estate, Estate

Status: In Good Standing Licensed: 8 Years

CONTACT

225 Boulder Blvd, Hudson, OH 44264

Craig Warren Relman

Banking & Finance, Commercial Bankruptcy, Estate Planning, Commercial Real Estate, Credit & Debt

Status: In Good Standing Licensed: 34 Years

CONTACT

23811 Chagrin Blvd, Beachwood, OH 44122

David W. Thompson

Banking & Finance, Administrative Law, Business, Credit & Debt

Status: In Good Standing

CONTACT

3401 Tuttle Rd, Chagrin Falls, OH 44122

David Wyler Thompson

Banking & Finance, Administrative Law, Business, Credit & Debt

Status: In Good Standing

CONTACT

3401 Tuttle Rd, Chagrin Falls, OH 44122

Dennis J. Kaselak

Estate Planning, Corporate, Credit & Debt, Bankruptcy

Status: In Good Standing

CONTACT

401 South St, Chardon, OH 44024

Frank Joseph Rozanc

General Practice

Status: Inactive Licensed: 34 Years

CONTACT

33145 Vine St, Eastlake, OH 44095

Gregory Allan Jennings

General Practice

Status: In Good Standing Licensed: 49 Years

CONTACT

3232 Cannon Road, Twinsburg, OH 44087

Howard Steven Rabb

Wills & Probate, Criminal, Credit & Debt, Bankruptcy & Debt

Status: In Good Standing

CONTACT

60 South Park Place, Painesville, OH 44077

Jean Rowley Robertson

General Practice

Status: In Good Standing Licensed: 34 Years

CONTACT

9918 Gardenside Drive, Willoughby, OH 44094

800-923-0641

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LEGAL TERMS

REDEMPTION

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump s... (more...)

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump sum. For example, a debtor may redeem a car note by paying the lender the amount a retail vendor would charge for the car, considering its age and condition.

FDCPA

See Fair Debt Collections & Practices Act.

FCBA

See Fair Credit Billing Act.

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.

S CORPORATION

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status fro... (more...)

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status from the Internal Revenue Service. Electing to do business as an S corporation lets shareholders enjoy limited liability status, as would be true of any corporation, but be taxed like a partnership or sole proprietor. That is, instead of being taxed as a separate entity (as would be the case with a regular or C corporation) an S corporation is a pass-through tax entity: income taxes are reported and paid by the shareholders, not the S corporation. To qualify as an S corporation a number of IRS rules must be met, such as a limit of 75 shareholders and citizenship requirements.

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.

INFRINGEMENT (OF TRADEMARK)

Unauthorized use of a protected trademark or service mark, or use of something very similar to a protected mark. The success of a lawsuit to stop the infringeme... (more...)

Unauthorized use of a protected trademark or service mark, or use of something very similar to a protected mark. The success of a lawsuit to stop the infringement turns on whether the defendant's use causes a likelihood of confusion in the average consumer. If a court determines that the average consumer would be confused, the owner of the original mark can prevent the other's use of the infringing mark and sometimes collect damages.

CREDIT INSURANCE

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay o... (more...)

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay off the remaining balance. Federal and state consumer protection laws require the lender to disclose to existing and potential borrowers the terms and costs of obtaining credit insurance because it can affect the terms of the loan.

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.

SAMPLE LEGAL CASES

Ford v. Ford Motor Credit Co.

... The result was that the account was returned to collections. Subsequently, Ford received letters from collections agencies and repeated phone 85 calls from those agencies, and the "bad debt" was placed on his credit report by FMCC. ...

Ham v. Ham

... Neither party filed objections to the magistrate's decision. On December 15, 2006, the magistrate sua sponte filed a Nunc Pro Tunc magistrate's decision to correct a mathematical error in the calculation of Daniel's credit card debt. ...

Home Depot USA, Inc. v. Levin

... Under the statute, the latter qualify for the bad-debt deduction. {Â¶ 19} This argument fails because vendors who extend credit themselves are not, with respect to bad debt, similarly situated to vendors like Home Depot, who hire financial institutions to extend credit. ...

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Austinburg Credit & Debt Lawyer, Ohio

Sponsored Law Firm

R. Lasko Co. LPA, LLC

SPONSORED LAWYERS

Barbara Quinn Smith

Charles Vincent Gasior

Craig Warren Relman

David W. Thompson

David Wyler Thompson

Dennis J. Kaselak

Frank Joseph Rozanc

Gregory Allan Jennings

Howard Steven Rabb

Jean Rowley Robertson

TIPS

LEGAL TERMS

REDEMPTION

FDCPA

FCBA

GARNISHMENT

S CORPORATION

SETOFF

INFRINGEMENT (OF TRADEMARK)

CREDIT INSURANCE

SOLE PROPRIETORSHIP

SAMPLE LEGAL CASES

Ford v. Ford Motor Credit Co.

Ham v. Ham

Home Depot USA, Inc. v. Levin

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