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Roland V. Combs III
About | Practice Areas
Roland V. Combs III & Associates PLC
4401 NW 4th St Suite 121 Oklahoma City, OK 73107» view map
Bankruptcy & Debt
Over 35 Years Of Experience

The Law Firm of Roland V. Combs III & Associates PLC knows how to ward off relentless debt collectors and get you back on track to a stable financial future.

800-827-4970
1. Roland Combs Oklahoma City, OK
  Attorney at Law - OK, 1985
  University of Oklahoma J.D. 1984
2. AboutRoland V. Combs III & Associates PLC
  Hundreds Counseled & Represented.
3. Practice AreasExpertise
  Bankruptcy & Debt
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Joshua Clark Greenhaw, Associate

Collection, Commercial Bankruptcy, Commercial Banks, Commercial Leasing

Status: In Good Standing

CONTACT

1900 Northwest Expressway, Oklahoma City, OK 73118

Kim A. Tran

Bankruptcy Litigation, Collection, Contract, Credit & Debt

Status: In Good Standing

CONTACT

9400 North Broadway, Oklahoma City, OK 73114

Mike Voorhees

Banking & Finance, Corporate, Business Organization, Collection

Status: In Good Standing

CONTACT

Bank of Oklahoma Building, 7701 South Western Avenue, Oklahoma City, OK 73139

Christopher J. Collins

Insurance, Collection, Environmental Law Other, Defamation & Slander

Status: In Good Standing

CONTACT

429 N.E. 50Th, Oklahoma City, OK 73105

Andy A. Artus

Insurance, Collection, Wrongful Death, Workers' Compensation

Status: In Good Standing

CONTACT

429 N.E. 50Th, Oklahoma City, OK 73105

Stephen L. Geries

Environmental Law Other, Contract, Collection, Wrongful Death

Status: In Good Standing

CONTACT

429 N.E. 50Th, Oklahoma City, OK 73105

Max Jackson Rhodes

Contract, Collection, Litigation, Civil Rights

Status: In Good Standing

CONTACT

9401 N Kelley Ave, Oklahoma City, OK 73131

Max Jackson Rhodes

Contract, Collection, Litigation, Civil Rights

Status: In Good Standing

CONTACT

9401 N Kelley Ave, Oklahoma City, OK 73131

Keith Mcilhaney

Banking & Finance, Foreclosure, Collection, Litigation

Status: In Good Standing

CONTACT

204 North Robinson, Oklahoma City, OK 73102

Timothy B. Hummel

Motor Vehicle, Mass Torts, Commercial Banks, Collection, Personal Injury

Status: In Good Standing

CONTACT

Oklahoma City, OK 73101

800-923-0641

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LEGAL TERMS

LOSS DAMAGE WAIVER (LDW)

Rental car insurance that makes the rental car company responsible for damage to or theft of a rental car. This insurance is a major consumer ripoff, as it ofte... (more...)

Rental car insurance that makes the rental car company responsible for damage to or theft of a rental car. This insurance is a major consumer ripoff, as it often duplicates coverage provided by the renter's regular car insurance and/or the credit card she uses to rent the car. Nevertheless, hard-sell practices by rental car agents often dupe people into buying LDWs they don't really need. LDW is also called 'collision damage waiver.'

SETOFF

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a countercl... (more...)

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a counterclaim filed by a defendant in a lawsuit. Banks may try to exercise a setoff by taking money out of a deposit account to satisfy past due payments on a loan or credit card bill. Such an act is illegal under most circumstances.

LIABILITY

(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pi... (more...)

(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pipe bursts the day after Paul installs it, ruining the bathroom floor. This raises the issue of liability: Who is responsible for the damage? Peri claims that Paul is responsible, and sues him for the cost of hiring another plumber to fix the pipe and replacing the floor. Paul, in turn, claims that the pipe manufacturer is responsible, because they supplied him with faulty materials. Both Peri and Paul must prove their claims in court; if Paul and/or the manufacturer is found liable, one or both will have to pay damages to Peri. (2) Something for which a person is liable. For example, a debt is often called a liability.

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 COUNSELING

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Unde... (more...)

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Under the new bankruptcy law, a debtor must undergo credit counseling with an approved provider before filing for bankruptcy.

COLLATERAL

Property that guarantees payment of a secured debt.

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.

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.

Harrah Collection Lawyer, Oklahoma

Sponsored Law Firm

Roland V. Combs III & Associates PLC

SPONSORED LAWYERS

Joshua Clark Greenhaw, Associate

Kim A. Tran

Mike Voorhees

Christopher J. Collins

Andy A. Artus

Stephen L. Geries

Max Jackson Rhodes

Max Jackson Rhodes

Keith Mcilhaney

Timothy B. Hummel

TIPS

LEGAL TERMS

LOSS DAMAGE WAIVER (LDW)

SETOFF

LIABILITY

WINDING UP

CREDIT COUNSELING

COLLATERAL

LIMITED PARTNERSHIP

PREFERENCE

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