Burbank Bankruptcy & Debt Lawyer, California

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Leon Bayer
About | Practice Areas
Bayer Wishman & Leotta
1055 Wilshire Blvd Suite 1900 Los Angeles, CA 90017» view map
Bankruptcy & Debt
Experience, Affordability, & Expertise

The Los Angeles bankruptcy lawyers of Bayer Wishman & Leotta have successfully represented clients in the Los Angeles area for over 37 years. Bankruptcy is all we handle.

800-942-4591
1. Leon Bayer Los Angeles, CA
  Attorney at Law - CA, 1979
  San Fernando Valley College of Law
2. AboutBayer Wishman & Leotta
  88 Years of Combined Experience
3. Practice AreasExpertise
  Bankruptcy & Debt
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Rose V. Stepanyan

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Car Accident, Bankruptcy & Debt

Rose Stepanyan has worked extensively in the area of Personal Injury for over seven years. Rose graduated from Whittier Law School and dived into the ... (more)

CONTACT

818-818-1948

100 N Brand Blvd, Glendale, CA 91203

Henrik M. Mosesi

Bankruptcy, Criminal, Estate Planning, Family Law

Status: In Good Standing

FREE CONSULTATION

CONTACT

360 East Olive Avenue, Burbank, CA 91502

Mitchell A. Karasov

Estate Planning, Domestic Violence & Neglect, Elder Law, Bankruptcy

Status: In Good Standing

FREE CONSULTATION

CONTACT

5352 Laurel Canyon Boulevard, Valley Village, CA 91607

James T. King

Bankruptcy, Foreclosure

Status: In Good Standing

FREE CONSULTATION

CONTACT

315 West Arden Avenue, Glendale, CA 91203

Tiffany Nicole Travillion

Bankruptcy & Debt, Real Estate, Litigation, Divorce & Family Law

Status: In Good Standing Licensed: 14 Years

FREE CONSULTATION

CONTACT

4100 W Alameda Ave, Burbank, CA 91505

Andre Gharibian

Accident & Injury, Real Estate, Bankruptcy & Debt, Personal Injury

Status: In Good Standing Licensed: 16 Years

FREE CONSULTATION

CONTACT

1155 North Central Avenue, Glendale, CA 91202

Araksia Adamian

Immigration, Wills & Probate, Bankruptcy, Accident & Injury

Status: In Good Standing Licensed: 8 Years

FREE CONSULTATION

CONTACT

535 N Brand Blvd, Glendale, CA 91203

Walter Brandt Scott

Divorce & Family Law, Accident & Injury, Wills & Probate, Immigration, Bankruptcy & Debt

Status: In Good Standing Licensed: 55 Years

CONTACT

411 N Central, Glendale, CA 91203

Louis P Dell

Civil Rights, Contract, Credit & Debt, Personal Injury

Status: In Good Standing Licensed: 31 Years

CONTACT

715 S Victory Blvd, Burbank, CA 91502

Graham Thomas Maclean

Bankruptcy, Family Law, Trusts, Wills, Divorce

Status: In Good Standing

CONTACT

800 S Victory Blvd, Burbank, CA 91502

800-923-0641

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LEGAL TERMS

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.

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemp... (more...)

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemptible because it has been damaged or destroyed.

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.

DEBT COLLECTOR

A person who works in the in-house collections department of an original creditor or a collection agency to track down debtors and get them to pay what they owe... (more...)

A person who works in the in-house collections department of an original creditor or a collection agency to track down debtors and get them to pay what they owe. Debt collectors can be relentless, often using scare tactics, humiliation and repeated phone calls to extract payments or promises to pay.

C CORPORATION

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S c... (more...)

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S corporation, whose profits are passed through to shareholders and taxed on their personal returns under subchapter S of the Internal Revenue Code.

AUTOMATIC STAY

An injunction automatically issued by the bankruptcy court when a debtor files for bankruptcy. The automatic stay prohibits most creditor collection activities,... (more...)

An injunction automatically issued by the bankruptcy court when a debtor files for bankruptcy. The automatic stay prohibits most creditor collection activities, such as filing or continuing lawsuits, making written requests for payment, or notifying credit reporting bureaus of an unpaid debt.

TRADE NAME

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

CURRENT MONTHLY INCOME

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding... (more...)

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding the bankruptcy filing. The debtor's current monthly income is used to determine whether the debtor can file for Chapter 7 bankruptcy, among other things.

WINDING UP

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, a... (more...)

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, all with the ultimate goal of liquidating or closing down a corporation or partnership.

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Burbank Bankruptcy & Debt Lawyer, California

Sponsored Law Firm

Bayer Wishman & Leotta

SPONSORED LAWYERS

Rose V. Stepanyan

Henrik M. Mosesi

Mitchell A. Karasov

James T. King

Tiffany Nicole Travillion

Andre Gharibian

Araksia Adamian

Walter Brandt Scott

Louis P Dell

Graham Thomas Maclean

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LEGAL TERMS

SOLE PROPRIETORSHIP

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

CHAPTER 13 BANKRUPTCY

DEBT COLLECTOR

C CORPORATION

AUTOMATIC STAY

TRADE NAME

CURRENT MONTHLY INCOME

WINDING UP

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