Culleoka Bankruptcy & Debt Lawyer, Tennessee

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Susan Lafferty
About | Practice Areas
Lafferty Law Firm, P.C.
1321 Murfreesboro Pike Suite 521 Nashville, TN 37217» view map
Bankruptcy & Debt
Over 30 Years Of Experience

Susan S. Lafferty is a CPA and Attorney who enjoys helping people with financial problems. She is located in Nashville, TN where she has lived for over 30 years.

800-936-9071
1. Susan Lafferty Nashville, TN
  Attorney at Law - TN, 2007
  Nashville School of Law J.D. 2006
2. AboutLafferty Law Firm, P.C.
  Over 30 Years Of Experience
3. Practice AreasExpertise
  Bankruptcy & Debt
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Bryan C. Penland

Bankruptcy, Criminal, Personal Injury

Status: In Good Standing

FREE CONSULTATION

CONTACT

On the Square, 13 Public Square, Columbia, TN 38401

Travis Jones

Criminal, Dispute Resolution, Federal Appellate Practice, Bankruptcy

Status: In Good Standing

CONTACT

1120 Mooresville Pike, Columbia, TN 38401

James Flexer

Bankruptcy & Debt, Accident & Injury, Criminal, Divorce & Family Law, Workers' Compensation

FREE CONSULTATION

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13 Public Sq., Columbia, TN 38401

Kenneth Brian Hay

Wills & Probate, Trusts, Elder Law, Credit & Debt

Status: In Good Standing Licensed: 31 Years

CONTACT

104 W 6Th St, Columbia, TN 38401

James Robert Harlan

Consumer Bankruptcy, Commercial Bankruptcy, Bankruptcy Litigation, Bankruptcy & Debt

Status: In Good Standing Licensed: 42 Years

CONTACT

39 Public Square, Columbia, TN 38402

James Harlan

Labor Law, Reorganization, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 42 Years

CONTACT

39 Public Square, Columbia, TN 38401

Julie Carrell Heffington

Legislative Practice, Labor Law, Administrative Law, Reorganization

Status: In Good Standing Licensed: 11 Years

CONTACT

809 S Main St, Columbia, TN 38401

Keith Slocum

Child Custody, Reorganization, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 22 Years

CONTACT

39 Public Square, Columbia, TN 38401

Keith David Slocum

Reorganization, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 22 Years

CONTACT

39 Public Square, Columbia, TN 38401

Bob Robert Grefseng

Juvenile Law, Bankruptcy, Banking & Finance, Business & Trade

Status: In Good Standing Licensed: 43 Years

CONTACT

Columbia, TN 38402

800-923-0641

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LEGAL TERMS

FAIR LABOR STANDARDS ACT (FLSA)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements ... (more...)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements for overtime and places restrictions on child labor.

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.

COLLATERAL

Property that guarantees payment of a secured 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).

FAIR CREDIT REPORTING ACT (FCRA)

A federal law that is designed to prevent inaccurate or obsolete information from entering or remaining in a credit report. The law requires credit bureaus to a... (more...)

A federal law that is designed to prevent inaccurate or obsolete information from entering or remaining in a credit report. The law requires credit bureaus to adopt reasonable procedures for gathering, maintaining and disseminating information and bars credit bureaus from reporting negative information that is older than seven years, except a bankruptcy, which may be reported for ten. If you notify a credit bureau of an error in your credit report, the FCRA requires the bureau to investigate your allegations within 30 days, review all information you provide, remove inaccurate and unverified information and adopt procedures to keep the information from reappearing. In addition, the law requires that creditors refrain from reporting incorrect information to credit bureaus.

ADMINISTRATIVE EXPENSES

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Admi... (more...)

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Administrative costs are typically 10% of the debtor's total payments under the plan.

PREFERENCE

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commer... (more...)

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commercial creditors) and within one year for insider creditors (friends, family members, and business associates). Because a preference gives the creditor who received the payment an edge over other creditors in the bankruptcy case, the trustee can recover the preference (the amount of the payment) and distribute it among all of the creditors.

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.

BULK SALES LAW

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to ... (more...)

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to conduct a bulk sale of business assets -- that is, get rid of an unusually large amount of inventory, merchandise or equipment -- the business owner must typically publish a notice of the sale and give written notice to creditors. Then, the owner must set up an account to hold the funds from the sale for a brief period of time during which creditors may make claims against the money. The prohibition against bulk sales is spelled out in the Uniform Commercial Code -- and laws modeled on the UCC have been generally adopted throughout the country.

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Culleoka Bankruptcy & Debt Lawyer, Tennessee

Sponsored Law Firm

Lafferty Law Firm, P.C.

SPONSORED LAWYERS

Bryan C. Penland

Travis Jones

James Flexer

Kenneth Brian Hay

James Robert Harlan

James Harlan

Julie Carrell Heffington

Keith Slocum

Keith David Slocum

Bob Robert Grefseng

TIPS

LEGAL TERMS

FAIR LABOR STANDARDS ACT (FLSA)

HOUSEHOLDER

COLLATERAL

CREDIT REPORT

FAIR CREDIT REPORTING ACT (FCRA)

ADMINISTRATIVE EXPENSES

PREFERENCE

LIMITED PARTNERSHIP

BULK SALES LAW

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