Del Mar Bankruptcy & Debt Lawyer, California

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Mehrshad Mirkhan

Business, Bankruptcy & Debt, Accident & Injury, Real Estate
Status:  In Good Standing           Licensed:  25 Years

Deborah Lynn Raymond

Commercial Real Estate, Credit & Debt, Collection, Bankruptcy
Status:  In Good Standing           

Steven Keith Brumer

Estate Planning, Bankruptcy, Family Law, Trusts, Estate
Status:  In Good Standing           Licensed:  25 Years

Michael Ernest Doukas

Litigation, Business, Credit & Debt, Bankruptcy & Debt
Status:  In Good Standing           Licensed:  30 Years

Andres Vargas

Trusts, Workers' Compensation, Employee Rights, Bankruptcy, Medical Malpractice
Status:  In Good Standing           Licensed:  14 Years

Richard Leigh Boyer

Commercial Real Estate, Litigation, Contract, Credit & Debt
Status:  In Good Standing           

Jeremy A. Martin

Public Interest Law, Adoption, Bankruptcy, Household Mold
Status:  In Good Standing           

Antony Derek Nash

Construction, Litigation, Business, Commercial Bankruptcy
Status:  In Good Standing           Licensed:  23 Years

Robert Michael Kovalsky

Corporate, Litigation, Credit & Debt, Federal Appellate Practice
Status:  In Good Standing           Licensed:  38 Years

Vikrant Chaudhry

Bankruptcy, Contract, International, Health Care, Commercial Real Estate
Status:  In Good Standing           Licensed:  15 Years

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

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800-943-8690

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Lawyer.com can help you easily and quickly find Del Mar Bankruptcy & Debt Lawyers and Del Mar Bankruptcy & Debt Law Firms. Refine your search by specific Bankruptcy & Debt practice areas such as Bankruptcy, Collection, Credit & Debt, Reorganization and Workout matters.

LEGAL TERMS

REAFFIRMATION

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing deb... (more...)
An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing debt after the bankruptcy case is over. For instance, a debtor might make a reaffirmation agreement with the holder of a car note that the debtor can keep the car and must continue to pay the debt after bankruptcy.

FCBA

See Fair Credit Billing Act.

MEANS TEST

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income ... (more...)
A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income for his or her state should be allowed to file for Chapter 7 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.

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.

DISCHARGE (OF DEBTS)

A bankruptcy court's erasure of the debts of a person or business that has filed for bankruptcy.

FRATERNAL BENEFIT SOCIETY BENEFITS

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal socie... (more...)
These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal societies that provide benefits. Also called benefit society, benevolent society or mutual aid association benefits. Under bankruptcy laws, these benefits are virtually always considered exempt property.

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.

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.