Biloxi Bankruptcy Lawyer, Mississippi

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Patrick A. Sheehan
About | Practice Areas
Sheehan & Ramsey, PLLC
429 Porter Avenue Ocean Springs, MS 39564» view map
Bankruptcy
Powerful Legal Solutions

Bankruptcy is not for everyone, but it is a powerful tool to escape debt. Our attorneys will evaluate your situation at no cost to you and determine what options are available to you.

800-941-9210
1. Patrick Sheehan Ocean Springs, MS
  Attorney at Law - MS, 1979
  Loyola University J.D. 1976
2. AboutSheehan & Ramsey, PLLC
  Powerful Legal Solutions
3. Practice AreasExpertise
  Bankruptcy
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Includes: Bankruptcy Litigation, Commercial Bankruptcy, Consumer Bankruptcy, Dissolution

Rita Nahlik Silin

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Divorce & Family Law, Child Custody, Bankruptcy, Adoption, Paternity

At Silin Law Firm PLLC in Ocean Springs, you will find an attorney with a thorough knowledge of the laws and the courts, along with empathy and honest... (more)

CONTACT

800-733-9501

1147 Robinson Street, Ocean Springs, MS 39564

Nicholas Van Wiser

Construction, Corporate, Collection, Bankruptcy

Status: In Good Standing

CONTACT

145 Main Street, Biloxi, MS 39530

William A. Pate

Alimony & Spousal Support, Child Support, Adoption, Consumer Bankruptcy

Status: In Good Standing

FREE CONSULTATION

CONTACT

2017 20th Avenue, Gulfport, MS 39501

Robert Alan Byrd

Income Tax, Litigation, Pharmaceutical Product, Corporate, Bankruptcy

Status: In Good Standing Licensed: 47 Years

CONTACT

Biloxi, MS 39533

Russell Scott Manning

Income Tax, Child Custody, Credit & Debt, Commercial Bankruptcy

Status: In Good Standing

CONTACT

145 Main St, Biloxi, MS 39533

William Pate

Traffic, Divorce & Family Law, Bankruptcy, Accident & Injury

Status: In Good Standing

CONTACT

2017 20Th Ave, Gulfport, MS 39501

David L. Lord

Workers' Compensation, Divorce, Bankruptcy, Personal Injury

Status: In Good Standing

CONTACT

1819 24th Ave, Gulfport, MS 39501

Billy Edward Stage

Criminal, Bankruptcy, Family Law

Status: In Good Standing Licensed: 13 Years

CONTACT

Gulfport, MS 39502

800-923-0641

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LEGAL TERMS

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.

FDCPA

See Fair Debt Collections & Practices Act.

TRADE DRESS

The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape... (more...)

The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape of Frangelico liqueur bottles. Trade dress can be protected under trademark law if a showing can be made that the average consumer would likely be confused as to product origin if another product were allowed to appear in similar dress.

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.

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.

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.

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.

ACCORD AND SATISFACTION

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collectin... (more...)

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collecting as much money as they can from debtors who cannot pay the full amount.

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.

SAMPLE LEGAL CASES

EMC Mortg. Corp. v. Carmichael

... DICKINSON, Justice, for the Court. Â¶ 1. Bettye C. Carmichael's fraud claim against her mortgagor was dismissed in the mortgagor's bankruptcy, and the mortgagor's assets (including the plaintiff's mortgage) were sold to a successor in interest. ...

Copiah County v. Oliver

... 206 Â¶ 2. Nancy Oliver filed for Chapter 7 bankruptcy, which she later converted to Chapter 13. After the bankruptcy court had confirmed her Chapter 13 payment plan, Oliver filed this personal-injury suit against Copiah County. ...

Ruff v. Estate of Ruff

... Ruff defaulted on payments under the original loan agreement, a subsequent bankruptcy consent order, and a later consent order entered in the chancery court. ... 4. On February 4, 2004, one day before the scheduled foreclosure on the farm, Ruff filed for bankruptcy. ...

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Biloxi Bankruptcy Lawyer, Mississippi

Sponsored Law Firm

Sheehan & Ramsey, PLLC

SPONSORED LAWYERS

Rita Nahlik Silin

Nicholas Van Wiser

William A. Pate

Robert Alan Byrd

Russell Scott Manning

William Pate

David L. Lord

Billy Edward Stage

TIPS

LEGAL TERMS

LIMITED PARTNERSHIP

FDCPA

TRADE DRESS

INFRINGEMENT (OF TRADEMARK)

LIMITED LIABILITY

FRATERNAL BENEFIT SOCIETY BENEFITS

HOUSEHOLDER

ACCORD AND SATISFACTION

S CORPORATION

SAMPLE LEGAL CASES

EMC Mortg. Corp. v. Carmichael

Copiah County v. Oliver

Ruff v. Estate of Ruff

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