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Carl Gustafson
About | Practice Areas
Lincoln Law
1525 Contra Costa Blvd Pleasant Hill, CA 94523» view map
Bankruptcy & Debt
Committed to Our Clients

Lincoln Law was established to provide relief to those in debt. We've helped thousands of families regain control of their finances and live debt-free again.

801-224-8282
1. Carl Gustafson Pleasant Hill, CA
  Attorney at Law - CA, 2007
  University of California J.D. 2007
2. AboutLincoln Law
  Eliminate your debt by contacting Lincoln Law today.
3. Practice AreasExpertise
  Bankruptcy & Debt
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Christopher K Carlberg

International Other, Intellectual Property, Corporate, Commercial Bankruptcy

Status: In Good Standing Licensed: 21 Years

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12657 Alcosta Blvd, San Ramon, CA 94583

Eric Michael Nixdorf

International Tax, Bankruptcy, Personal Injury, Contract, Mass Torts

Status: In Good Standing

CONTACT

2010 Crow Canyon Pl, San Ramon, CA 94583

David I Katzen

Business, Bankruptcy, Bankruptcy & Debt

Status: Inactive Licensed: 47 Years

CONTACT

Alamo, CA 94507

Scott Douglas Jordan

Litigation, Wills & Probate, Business, Bankruptcy

Status: In Good Standing

CONTACT

18 Crow Canyon Ct, San Ramon, CA 94583

Michael T Krueger

Contract, Business, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

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2300 First St., Livermore, CA 94550

John Claassen

Civil Rights, Corporate, Administrative Law, Collection

Status: In Good Standing Licensed: 26 Years

CONTACT

1261 Locust St, Walnut Creek, CA 94596

David Mark Sternberg

Real Estate, Estate, Business, Bankruptcy

Status: In Good Standing Licensed: 44 Years

CONTACT

540 Lennon Ln, Walnut Creek, CA 94598

Jeffrey David Kirk

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

Status: In Good Standing Licensed: 40 Years

CONTACT

231 Market Place, San Ramon, CA 94583

James Micheal Williams

Family Law, Business, Credit & Debt, Bankruptcy

Status: In Good Standing

CONTACT

111 Deerwood Rd, San Ramon, CA 94583

Dean A. Christopherson

Business & Trade, Banking & Finance, Business, Credit & Debt, Consumer Bankruptcy

Status: In Good Standing

CONTACT

1211 Newell Ave, Walnut Creek, CA 94596

800-923-0641

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LEGAL TERMS

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.

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.

GUARANTOR

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. T... (more...)

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. The guarantor gives a 'guaranty,' which is an assurance that the debt or other obligation will be fulfilled.

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.

PRESUMED ABUSE

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means te... (more...)

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means test, the court will presume that the debtor has sufficient income to fund a Chapter 13 plan. In this situation, the debtor will not be allowed to proceed with a Chapter 7 bankruptcy unless the debtor can prove that he or she is not abusing the Chapter 7 bankruptcy remedy.

TRADE NAME

The official name of a business, the one it uses on its letterhead and bank account when not dealing with consumers.

SECURED DEBT

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collater... (more...)

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collateral, to satisfy the debt if you default. Compare unsecured debt.

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).

LIABILITY

(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pi... (more...)

(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pipe bursts the day after Paul installs it, ruining the bathroom floor. This raises the issue of liability: Who is responsible for the damage? Peri claims that Paul is responsible, and sues him for the cost of hiring another plumber to fix the pipe and replacing the floor. Paul, in turn, claims that the pipe manufacturer is responsible, because they supplied him with faulty materials. Both Peri and Paul must prove their claims in court; if Paul and/or the manufacturer is found liable, one or both will have to pay damages to Peri. (2) Something for which a person is liable. For example, a debt is often called a liability.

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Brentwood Bankruptcy & Debt Lawyer, California, page 4

Sponsored Law Firm

Lincoln Law

SPONSORED LAWYERS

Christopher K Carlberg

Eric Michael Nixdorf

David I Katzen

Scott Douglas Jordan

Michael T Krueger

John Claassen

David Mark Sternberg

Jeffrey David Kirk

James Micheal Williams

Dean A. Christopherson

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LEGAL TERMS

LIMITED LIABILITY

GARNISHMENT

GUARANTOR

LIMITED PARTNERSHIP

PRESUMED ABUSE

TRADE NAME

SECURED DEBT

CREDIT REPORT

LIABILITY

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