Mcclain County, OK Credit & Debt Lawyers

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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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William H. Deveraux

Criminal, Divorce & Family Law

Status: In Good Standing

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124 N. 3rd Ave., Purcell, OK 73080

L. Dee Oliphant

Real Estate, Traffic, Divorce & Family Law, Criminal

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Purcell, OK 73080

Bill C. Lester

Foreclosure, Employee Rights, Bankruptcy, Bankruptcy & Debt, Contract

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Purcell, OK 73080

Camille D. Dowers

General Practice

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Newcastle, OK 73065

Lorrie Ann Bamford

General Practice

Status: In Good Standing

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500 Nw 32Nd Street, Newcastle, OK 73065

Constantine Charalampous

Misdemeanor, Oil & Gas

Status: In Good Standing

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3095 Eagles Nest Way, Purcell, OK 73080

Jeremy Zackary Carter

Administrative Law, Workers' Compensation, Oil & Gas, Dispute Resolution, Criminal

Status: In Good Standing

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Newcastle, OK 73065

G. Thorne Stallings

General Practice

Status: In Good Standing

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Blanchard, OK 73010

Shanin Anne Moore

Insurance, Workers' Compensation, Social Security, Elder Law

Status: In Good Standing

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Newcastle, OK 73065

Shawn Dale Hodges

Bankruptcy, Workers' Compensation, Social Security, Elder Law

Status: In Good Standing

CONTACT

Newcastle, OK 73065

800-923-0641

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LEGAL TERMS

FCBA

See Fair Credit Billing Act.

CREDIT BUREAU

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit... (more...)

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit card companies that use the information to screen applicants for loans and credit cards. There are three major credit bureaus, Equifax, Experian and Trans Union, and they are regulated by the federal Fair Credit Reporting Act.

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.

INFRINGEMENT (OF TRADEMARK)

Unauthorized use of a protected trademark or service mark, or use of something very similar to a protected mark. The success of a lawsuit to stop the infringeme... (more...)

Unauthorized use of a protected trademark or service mark, or use of something very similar to a protected mark. The success of a lawsuit to stop the infringement turns on whether the defendant's use causes a likelihood of confusion in the average consumer. If a court determines that the average consumer would be confused, the owner of the original mark can prevent the other's use of the infringing mark and sometimes collect damages.

REPOSSESSION

A creditor's taking property that has been pledged as collateral for a loan. Lenders will most often repossess cars when the owner has missed loan payments and ... (more...)

A creditor's taking property that has been pledged as collateral for a loan. Lenders will most often repossess cars when the owner has missed loan payments and has not attempted to work with the lender to resolve the problem. A repossessor can't use force to get at your car, but he can legally hot-wire it and even drive it out of your unlocked garage.

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.

LIMITED LIABILITY

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or ... (more...)

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or a person who invests in a corporation (a shareholder) generally stands to lose only the amount of money invested in the business. This means that if the business folds, creditors cannot seize or sell an owner's home, car, or other personal assets.

LIEN

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortg... (more...)

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortgages, home equity loans, car loans and personal loans for which you pledge property to guarantee repayment. Liens created without your consent are called nonconsensual liens, and include judgment liens (liens filed by a creditor who has sued you and obtained a judgment), tax liens and mechanics liens (liens filed by a contractor who worked on your house but wasn't paid).

MEETING OF CREDITORS

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a f... (more...)

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a few questions. In a Chapter 7, the meeting of creditors lasts a few minutes and rarely do any creditors show up. In a Chapter 13 bankruptcy, one or two creditors may attend, especially if they disagree with some provision of your repayment plan.

SAMPLE LEGAL CASES

In re Sales Tax Claim for Refund of Home Depot

... [4] Home Depot stipulated that Monogram Bank of Georgia (Monogram & GE Capital were two of the private label credit card issuers) owned the accounts, and that Monogram included a bad debt deduction under Â§ 166, IRC on its federal tax return. ...

Capital One Bank, NA v. Parsons

... We find attorney fees are recoverable here and reverse the decision of the trial court. Â¶ 2 On December 27, 2005, Capital One Bank (Capital) filed a lawsuit on an open account alleging a credit card debt owed to it by William T. Parsons, III. ...

LITTLE BEAR RESOURCES v. NEMAHA SERVICES

... the origin of 961 its anti-deficiency statute [6] and concluded equity required the same rule (that the judgment debtor be allowed a credit against its debt for the sum representing the fair market value of the property sold) be applied to execution sales on judgment liens. ...

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Mcclain County, OK Credit & Debt Lawyers

Sponsored Law Firm

Roland V. Combs III & Associates PLC

SPONSORED LAWYERS

William H. Deveraux

L. Dee Oliphant

Bill C. Lester

Camille D. Dowers

Lorrie Ann Bamford

Constantine Charalampous

Jeremy Zackary Carter

G. Thorne Stallings

Shanin Anne Moore

Shawn Dale Hodges

TIPS

LEGAL TERMS

FCBA

CREDIT BUREAU

REDEMPTION

INFRINGEMENT (OF TRADEMARK)

REPOSSESSION

LIMITED PARTNERSHIP

LIMITED LIABILITY

LIEN

MEETING OF CREDITORS

SAMPLE LEGAL CASES

In re Sales Tax Claim for Refund of Home Depot

Capital One Bank, NA v. Parsons

LITTLE BEAR RESOURCES v. NEMAHA SERVICES

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