Bedford Bankruptcy & Debt Lawyer, Ohio, page 2

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Kathleen Donnelly
About Us | Contact Us
Law Office of Kathleen Donnelly
526 Superior Ave #1030 Cleveland, OH 44114Â» view map
Chapter 7, Chapter 13, Free Evaluations
Need Debt Relief? Contact Me Today

There is hope for debt relief. At the Cleveland, Ohio, law office of Kathleen Donnelly, we help people like you to escape from under mountains of debt.

800-413-4100
1. Kathleen Donnelly Cleveland, Ohio
  Attorney at Law-OH,1988
  Cleveland State University, J.D. 1988
2. About UsKathleen Donnelly
  Find out what makes us one of the top law firms in the country for bankruptcy.
3. Contact UsCall or Email Right Now
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Michael Steven Arnovitz

Real Estate, Banking & Finance, Business, Bankruptcy

Status: In Good Standing Licensed: 39 Years

CONTACT

30455 Solon Rd, Solon, OH 44139

Richard John Lacivita

Real Estate, Corporate, Banking & Finance, Collection

Status: In Good Standing Licensed: 24 Years

CONTACT

30455 Solon Road, Solon, OH 44139

Dean Kenneth Hegyes

Corporate, Collection, Family Law, Personal Injury

Status: In Good Standing Licensed: 32 Years

CONTACT

30455 Solon Road, Solon, OH 44139

Mark Samuel Frank

Family Law, Corporate, Collection, Products Liability

Status: In Good Standing Licensed: 43 Years

CONTACT

4469 Renaissance Pkwy, Cleveland, OH 44128

Timothy Scott Cline

Litigation, Employee Rights, Corporate, Commercial Bankruptcy, Electronic Commerce

Status: In Good Standing Licensed: 15 Years

CONTACT

22901 Millcreek Blvd, Beachwood, OH 44122

Evana Carolyn Delon

Collection, Bankruptcy & Debt, Biotechnology, Intellectual Property

Status: In Good Standing Licensed: 20 Years

CONTACT

31500 Bainbridge Rd, Solon, OH 44139

Dennis Reimer

Real Estate, Litigation, Banking & Finance, Bankruptcy

Status: In Good Standing Licensed: 56 Years

CONTACT

31500 Bainbridge Rd, Solon, OH 44139

Michael Adam Kertesz

Real Estate, Communication & Media Law, Corporate, Commercial Bankruptcy

Status: In Good Standing Licensed: 14 Years

CONTACT

One Overdrive Way, Cleveland, OH 44125

Douglas Allen Kordel

Dispute Resolution, Employee Rights, Corporate, Collection

Status: In Good Standing Licensed: 27 Years

CONTACT

8800 E Pleasant Valley Rd, Independence, OH 44131

Anand Narain Misra

Litigation, Employee Rights, Civil Rights, Collection

Status: In Good Standing Licensed: 41 Years

CONTACT

3659 Green Rd, Chagrin Falls, OH 44122

800-923-0641

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LEGAL TERMS

INTEREST

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to ... (more...)

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to your balance. This means that if your loan or credit line has an interest rate of 8%, the holder adds 8% to the balance each year. More specifically, interest is calculated and added to your loan or credit line through a process called compounding. If interest is compounded daily, the balance will rise by 1/365th of 8% each day. If interest is compounded monthly, the balance will rise 1/12th of 8% at the start of each month.

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.

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.

FDCPA

See Fair Debt Collections & Practices Act.

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.

HOUSEHOLDER

A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a ho... (more...)

A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a homestead exemption and possibly other exemptions relating to the maintenance of the household.

PREFERENCE

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commer... (more...)

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commercial creditors) and within one year for insider creditors (friends, family members, and business associates). Because a preference gives the creditor who received the payment an edge over other creditors in the bankruptcy case, the trustee can recover the preference (the amount of the payment) and distribute it among all of the creditors.

FORBEARANCE

Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily ... (more...)

Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily postponing or reducing the borrower's payments.

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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Bedford Bankruptcy & Debt Lawyer, Ohio, page 2

Sponsored Law Firm

Law Office of Kathleen Donnelly

SPONSORED LAWYERS

Michael Steven Arnovitz

Richard John Lacivita

Dean Kenneth Hegyes

Mark Samuel Frank

Timothy Scott Cline

Evana Carolyn Delon

Dennis Reimer

Michael Adam Kertesz

Douglas Allen Kordel

Anand Narain Misra

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LEGAL TERMS

INTEREST

COLLECTION AGENCY

CHAPTER 13 BANKRUPTCY

FDCPA

LIMITED LIABILITY

HOUSEHOLDER

PREFERENCE

FORBEARANCE

GARNISHMENT

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