Bloomville Bankruptcy Lawyer, Ohio

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Includes: Bankruptcy Litigation, Commercial Bankruptcy, Consumer Bankruptcy, Dissolution

C. Michael Piacentino

Administrative Law, Adoption, Dispute Resolution, Bankruptcy
Status:  In Good Standing           

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John A Brikmanis

Bankruptcy, Criminal, Credit & Debt, Estate Planning
Status:  In Good Standing           

Adam Charles Stone

Real Estate, Federal Appellate Practice, Civil Rights, Bankruptcy
Status:  In Good Standing           Licensed:  16 Years

Adrienne Marie Hines

Litigation, Social Security, Workers' Compensation, Employment, Bankruptcy
Status:  In Good Standing           

Adrienne Marie Hines

Social Security, Workers' Compensation, Consumer Bankruptcy, Personal Injury
Status:  In Good Standing           

Adrienne Marie Hines

Social Security, Workers' Compensation, Bankruptcy, Personal Injury
Status:  In Good Standing           Licensed:  28 Years

Aimee Linville

Litigation, Trusts, Bankruptcy, Estate Planning
Status:  In Good Standing           

Andrew Jon Burton

Federal Appellate Practice, Family Law, Corporate, Commercial Bankruptcy
Status:  In Good Standing           Licensed:  16 Years

Andrew Robert Schuman

Criminal, Bankruptcy, Bankruptcy
Status:  In Good Standing           Licensed:  24 Years

Andrew Jay Ashbrook

Employee Rights, Family Law, Collection, Commercial Bankruptcy
Status:  In Good Standing           Licensed:  10 Years

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Free Help: Use This Form or Call 800-943-8690

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LEGAL TERMS

BULK SALES LAW

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to ... (more...)
A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to conduct a bulk sale of business assets -- that is, get rid of an unusually large amount of inventory, merchandise or equipment -- the business owner must typically publish a notice of the sale and give written notice to creditors. Then, the owner must set up an account to hold the funds from the sale for a brief period of time during which creditors may make claims against the money. The prohibition against bulk sales is spelled out in the Uniform Commercial Code -- and laws modeled on the UCC have been generally adopted throughout the country.

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.

401(K) PLAN

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income ... (more...)
A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income taxes on the amount invested and any earnings are due until the employee withdraws money from the fund.

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.

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.

CHAPTER 13 PLAN

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to ... (more...)
A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to pay all mandatory debts -- for example, back child support, taxes, and mortgage arrearages -- as well as some or all unsecured, nonpriority debts, such as medical and credit card bills.

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.

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.

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.

SAMPLE LEGAL CASES

Cleveland Metro. Bar Assn. v. Kaplan

... {¶ 4} On May 21, 2007, Tina Marie Burge filed a grievance with relator alleging that she paid respondent $350 to convert her pending Chapter 13 bankruptcy to a Chapter 7 but that he did not perform the requested service and did not respond to her phone calls. ...

Ohio State Bar Assn. v. Martin

... We The People stores use workbooks, prepared by WTPUSA, that are essentially questionnaires pertaining to specific legal problems such as bankruptcy, divorce, dissolution, and probate. ... They also offered divorce for $349, bankruptcy for $199, and incorporation for $399. ...

Cleveland Metro. Bar Assn. v. Gresley

... 432 Count Two. {¶ 6} In April 2009, a husband and wife retained respondent to file a Chapter 13 bankruptcy on their behalf. Although respondent promised to file the bankruptcy petition on April 3, 2009, he did not do so until May 26, 2009. ...