Chatsworth Bankruptcy & Debt Lawyer, New Jersey

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Eric P. LeBoeuf

Animal Bite, Construction Contracts, Construction Liens, Consumer Bankruptcy
Status:  In Good Standing           

Joseph Purrazzella

Social Security -- Disability, Bankruptcy
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Sally Cann Purrazzella

Social Security -- Disability, Family Law, Collection, Banking & Finance
Status:  In Good Standing           

Michael S. Cohen

Construction, Mental Health, Environmental Law, Collection
Status:  In Good Standing           

Shaun Byrne

Bankruptcy & Debt, Criminal, State and Local, Municipal
Status:  In Good Standing           

Joseph Albanese

Bankruptcy & Debt, Consumer Bankruptcy, Workout, Foreclosure
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Silvio M. Silvi

Commercial Leasing, Criminal, Collection, Animal Bite
Status:  In Good Standing           Licensed:  38 Years

Diana L. Anderson

Pension & Benefits, Juvenile Law, Elder Law, Collection
Status:  In Good Standing           

David A. Semanchik

Criminal, Corporate, Business Organization, Bankruptcy
Status:  In Good Standing           Licensed:  34 Years

Diana Lynne Anderson

Elder Law, Administrative Law, Bankruptcy, Medical Malpractice
Status:  In Good Standing           

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

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LEGAL TERMS

FCRA

See Fair Credit Reporting Act.

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.

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.

REPOSSESSION

A creditor's taking property that has been pledged as collateral for a loan. Lenders will most often repossess cars when the owner has missed loan payments and ... (more...)
A creditor's taking property that has been pledged as collateral for a loan. Lenders will most often repossess cars when the owner has missed loan payments and has not attempted to work with the lender to resolve the problem. A repossessor can't use force to get at your car, but he can legally hot-wire it and even drive it out of your unlocked garage.

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.

TRADE NAME

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

UNDUE HARDSHIP

The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in t... (more...)
The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in the future to pay off the loan may be able to show that repayment would be an undue hardship.

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.

LIQUIDATING PARTNER

The member of an insolvent or dissolving partnership responsible for paying the debts and settling the accounts of the partnership.