Cranks Credit & Debt Lawyer, Kentucky

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Francis E Goodwyn

Bankruptcy, Bankruptcy & Debt
Status:  In Good Standing           

Paul Brian Couch

Government, Family Law, Civil Rights, Bankruptcy
Status:  In Good Standing           

Shasta K F Mullins

Lawsuit & Dispute, Civil Rights, Bankruptcy, Bankruptcy & Debt
Status:  In Good Standing           

Shasta K. Mullins

Lawsuit & Dispute, Civil Rights, Bankruptcy, Bankruptcy & Debt
Status:  In Good Standing           Licensed:  18 Years

Charlotte Darl Johnson

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

Brian P Couch

Bankruptcy
Status:  In Good Standing           

C Darlene Johnson

Bankruptcy
Status:  In Good Standing           

Lois Renfro Morris

Public Interest Law, Bankruptcy
Status:  In Good Standing           

Jeanne Kincer Channell

Bankruptcy
Status:  In Good Standing           

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

Member Representative

Call me for fastest results!
800-943-8690

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

By submitting this lawyer request, I confirm I have read and agree to the Consent to Receive Messages from all messaging and voice technologies including Email, Text, Phone, Terms of Use, and Privacy Policy. Information provided is not privileged or confidential.

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LEGAL TERMS

UNSECURED DEBT

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only reme... (more...)
A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only remedy is to sue you and get a judgment. Compare secured debt.

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.

CREDIT FILE

See credit report.

GUARANTEED RESERVATION

A hotel or rental car reservation secured by a credit card number. In exchange for your card number, the hotel or rental agency promises to have a room or vehic... (more...)
A hotel or rental car reservation secured by a credit card number. In exchange for your card number, the hotel or rental agency promises to have a room or vehicle for you no matter when you show up. If you have a guaranteed reservation with a hotel, it must provide you with a room, either at that hotel or at another comparable establishment. If you have a guaranteed reservation with a car agency, it must provide you with a vehicle. The downside of a guaranteed reservation is that if you don't show up and haven't cancelled your reservation, you will be billed for one night in the room or one day's use of the vehicle.

CCCS

See Consumer Credit Counseling Service.

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.

FAIR CREDIT BILLING ACT (FCBA)

A federal law that gives you rights when an error occurs on your credit card statement. You must notify the credit card company of the mistake within 60 days af... (more...)
A federal law that gives you rights when an error occurs on your credit card statement. You must notify the credit card company of the mistake within 60 days after it mailed the bill to you. The company must then correct the mistake, or at least acknowledge receipt of your letter within 30 days, and must correct the error within 90 days or explain why it believes the credit card statement is correct.

WORKOUT

A debtor's plan to take care of a debt, by paying it off or through loan forgiveness. Workouts are often created to avoid bankruptcy or foreclosure proceedings.

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

Rice v. Rice

... The single issue on discretionary review to this Court is whether the trial court abused its discretion in concluding that a credit card debt incurred solely by the husband and an adult son without the wife's knowledge and participation was marital property and ordering the wife to ...

Tall v. ALASKA AIRLINES/HORIZON AIR FEDERAL CREDIT UNION

... Tall, pro se, answered the Credit Union's complaint by essentially denying that he owed any debt to the Credit Union and claiming that he and the Credit Union's attorney had previously discussed a settlement whereby Tall would bring his account current. ...

Reed v. FRANKLIN CREDIT MANAGEMENT CORPORATION

... Reed appeals from an opinion and order of the Rockcastle Circuit Court granting summary judgment to Franklin Credit Management Corporation ... agreed the subject property was to be transferred to Sue Colwell in consideration of her assuming the debt totaling $69,000.00 on ...