Evangeline Collection Lawyer, Louisiana

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Sean Matthew Stockstill Lawyer

Sean Matthew Stockstill

VERIFIED
Real Estate, Wills & Probate, Estate, Trusts, Collection

Mr. Stockstill graduated from Louisiana State University (B.A. 2005) and Louisiana State University Law Center (J.D./D.C.L. 2009). Admitted to the Lo... (more)

J. David  Andress Lawyer

J. David Andress

VERIFIED
Bankruptcy & Debt, Consumer Protection, Credit & Debt, Bankruptcy, Collection

J. David Andress is a 1999 graduate of LSU, where he earned a Bachelor of Science degree in Microbiology and a Bachelor of Arts degree in History. He... (more)

FREE CONSULTATION 

CONTACT

800-971-6961

William S Sandoz Lawyer

William S Sandoz

VERIFIED
Bankruptcy & Debt, Collection, Credit & Debt, Estate, Wills & Probate

W. Simmons "Sim" Sandoz – the fourth-generation family attorney – who upon graduating from Loyola University Law School of New Orleans in 1977, jo... (more)

FREE CONSULTATION 

CONTACT

337-942-8956

P. David Olney

Wills & Probate, Traffic, Collection, DUI-DWI
Status:  In Good Standing           

FREE CONSULTATION 

CONTACT

Dona Kay Renegar

Real Estate, Child Custody, Adoption, Business, Collection
Status:  In Good Standing           Licensed:  32 Years

Thomas A. Budetti

Insurance, Personal Injury, Collection, Accident & Injury
Status:  In Good Standing           Licensed:  36 Years

Glenn J Armentor

Mass Torts, Immigration, Child Custody, Collection, Personal Injury
Status:  In Good Standing           Licensed:  47 Years

George Joseph Armbruster

Litigation, Collection, Car Accident, Business & Trade
Status:  In Good Standing           Licensed:  30 Years

Paul N Debaillon

Bankruptcy, Collection, Foreclosure
Status:  Inactive           Licensed:  43 Years

Gregory Alan Koury

Divorce, Insurance, Collection, Personal Injury
Status:  In Good Standing           

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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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LEGAL TERMS

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.

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.

COSIGNER

A person who signs his or her name to a loan agreement, lease or credit application. If the primary debtor does not pay, the cosigner is fully responsible for t... (more...)
A person who signs his or her name to a loan agreement, lease or credit application. If the primary debtor does not pay, the cosigner is fully responsible for the loan or debt. Many people use cosigners to qualify for a loan or credit card. Landlords may require a cosigner when renting to a student or someone with a poor credit history.

DEFINED CONTRIBUTION PLAN

A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount ... (more...)
A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount every month, or every year, for each employee. The employer usually pays a fixed percentage of an employee's wages or salary, although sometimes the amount is a fraction of the company's profits, with the size of each employee's pension share depending on the amount of wage or salary. Upon retirement, each employee's pension is determined by how much was contributed to the fund on behalf of that employee over the years, plus whatever earnings that money has accumulated as part of the investments of the entire pension fund.

INTEREST

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to ... (more...)
A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to your balance. This means that if your loan or credit line has an interest rate of 8%, the holder adds 8% to the balance each year. More specifically, interest is calculated and added to your loan or credit line through a process called compounding. If interest is compounded daily, the balance will rise by 1/365th of 8% each day. If interest is compounded monthly, the balance will rise 1/12th of 8% at the start of each month.

NONEXEMPT PROPERTY

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typicall... (more...)
The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typically includes valuable clothing (furs) and electronic equipment, an expensive car that's been paid off and most of the equity in your house. Compare exempt property.

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.

PRESUMED ABUSE

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means te... (more...)
In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means test, the court will presume that the debtor has sufficient income to fund a Chapter 13 plan. In this situation, the debtor will not be allowed to proceed with a Chapter 7 bankruptcy unless the debtor can prove that he or she is not abusing the Chapter 7 bankruptcy remedy.

REDEMPTION

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump s... (more...)
In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump sum. For example, a debtor may redeem a car note by paying the lender the amount a retail vendor would charge for the car, considering its age and condition.