Cofield Reorganization Lawyer, North Carolina

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George Oliver
About | Practice Areas
Oliver & Cheek, PLLC
405 Middle Street New Bern, NC 28560» view map
Bankruptcy & Debt Law
Your Business Partner

Oliver & Cheek, PLLC is a full service business firm providing a wide range of legal services to clients in North Carolina.

252-633-1930
1. George Oliver New Bern, NC
  Attorney at Law- NJ, 1999
  University of North Carolina School of Law, J.D. 1999
2. AboutOliver & Cheek, PLLC
  Your Business Partner
3. Practice AreasExpertise
  Bankruptcy & Debt Law
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Lynda Whitehead-Taylor

General Practice

Status: Inactive Licensed: 33 Years

CONTACT

916 N. Pembroke Avenue, Ahoskie, NC 27910

W. Rob Lewis

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Status: In Good Standing Licensed: 43 Years

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114 Deerwoods Road, Ahoskie, NC 27910

Thomas M. Urquhart

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Status: In Good Standing Licensed: 36 Years

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421 Colony Ave N, Ahoskie, NC 27910

Assata Kimbrough Buffaloe

Criminal, Divorce & Family Law, Wills & Probate, Criminal

Status: In Good Standing Licensed: 29 Years

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321 Colony Avenue South, Ahoskie, NC 27910

Philip P. Godwin

Traffic, Motor Vehicle, Wills & Probate, Criminal

Status: Deceased Licensed: 68 Years

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110 Court St, Gatesville, NC 27938

Philip P. Godwin

Real Estate, Motor Vehicle, Criminal, Accident & Injury

Status: Deceased Licensed: 68 Years

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110 Court St, Gatesville, NC 27938

Thomas Benbury Paxton Wood

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Status: In Good Standing Licensed: 20 Years

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110 Court Street, Gatesville, NC 27938

Kim M. Gourrier

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Status: In Good Standing Licensed: 19 Years

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119 Justice Drive, Winton, NC 27986

Cy A. Grant

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Status: In Good Standing Licensed: 43 Years

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119 Justice Drive, Winton, NC 27986

Maria Misse

Divorce & Family Law, Business

Status: In Good Standing Licensed: 28 Years

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Ahoskie, NC 27910

800-923-0641

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LEGAL TERMS

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.

IRS EXPENSES

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income mu... (more...)

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income must use the IRS expenses to calculate their average net income in a Chapter 7 case, or their disposable income in a Chapter 13 case.

DISCHARGEABLE DEBTS

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bill... (more...)

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bills and medical bills. Compare nondischargeable debts.

TOXIC TORT

A personal injury caused by exposure to a toxic substance, such as asbestos or hazardous waste. Victims can sue for medical expenses, lost wages and pain and su... (more...)

A personal injury caused by exposure to a toxic substance, such as asbestos or hazardous waste. Victims can sue for medical expenses, lost wages and pain and suffering.

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).

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.

CCCS

See Consumer Credit Counseling Service.

TRUTH IN LENDING ACT (TILA)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disc... (more...)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disclose the terms of a loan, including the total amount of the loan, the annual interest rate and the number, amount and due dates of all payments necessary to repay the loan. The TILA requires additional disclosures and places many restrictions on mortgages.

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.

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Cofield Reorganization Lawyer, North Carolina

Sponsored Law Firm

Oliver & Cheek, PLLC

SPONSORED LAWYERS

Lynda Whitehead-Taylor

W. Rob Lewis

Thomas M. Urquhart

Assata Kimbrough Buffaloe

Philip P. Godwin

Philip P. Godwin

Thomas Benbury Paxton Wood

Kim M. Gourrier

Cy A. Grant

Maria Misse

TIPS

LEGAL TERMS

S CORPORATION

IRS EXPENSES

DISCHARGEABLE DEBTS

TOXIC TORT

CREDIT REPORT

ACCORD AND SATISFACTION

CCCS

TRUTH IN LENDING ACT (TILA)

CHAPTER 13 BANKRUPTCY

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