Nashville Credit & Debt Lawyer, Tennessee, page 3

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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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Stephen Young

Litigation, Estate Planning, Insurance, Credit & Debt

Status: In Good Standing Licensed: 31 Years

CONTACT

446 James Robertson Pkwy, Nashville, TN 37219

Worrick Gale Robinson

Litigation, Entertainment, Family Law, Credit & Debt

Status: In Good Standing Licensed: 34 Years

CONTACT

446 James Robertson Pkwy, Nashville, TN 37219

Stephen Gillespie Young

Litigation, Estate Planning, Insurance, Credit & Debt

Status: In Good Standing Licensed: 31 Years

CONTACT

446 James Robertson Pkwy, Nashville, TN 37219

Phillip Douglas Patterson

Estate Planning, Family Law, Insurance, Credit & Debt

Status: In Good Standing Licensed: 19 Years

CONTACT

446 James Robertson Pkwy, Nashville, TN 37219

Janet L. Layman

Intellectual Property, Estate Planning, Elder Law, Credit & Debt

Status: In Good Standing Licensed: 24 Years

CONTACT

1709 19Th Ave South, Nashville, TN 37212

William Bliss Hicky

Accident & Injury, Federal Appellate Practice, Corporate, Credit & Debt, Insurance

Status: In Good Standing Licensed: 19 Years

CONTACT

3102 W End Ave, Nashville, TN 37203

Noel Reese Bagwell

Litigation, Labor Law, Corporate, Credit & Debt

Status: In Good Standing Licensed: 78 Years

CONTACT

3102 W End Ave, Nashville, TN 37203

Mitchell Chessman

Reorganization, Credit & Debt, Bankruptcy

Status: In Good Standing

CONTACT

615 Main St, Nashville, TN 37206

Mitchell Earl Chessman

Reorganization, Credit & Debt, Bankruptcy

Status: In Good Standing

CONTACT

615 Main St, Nashville, TN 37206

Evalina Casey Cheadle

Litigation, Insurance, Business, Credit & Debt, Bankruptcy & Debt

Status: In Good Standing Licensed: 37 Years

CONTACT

818 Woodland Street, Nashville, TN 37206

800-923-0641

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LEGAL TERMS

TRADE NAME

The official name of a business, the one it uses on its letterhead and bank account when not dealing with consumers.

WORKOUT

A debtor's plan to take care of a debt, by paying it off or through loan forgiveness. Workouts are often created to avoid bankruptcy or foreclosure proceedings.

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.

CURRENT MONTHLY INCOME

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding... (more...)

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding the bankruptcy filing. The debtor's current monthly income is used to determine whether the debtor can file for Chapter 7 bankruptcy, among other things.

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.

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.

TRADE DRESS

The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape... (more...)

The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape of Frangelico liqueur bottles. Trade dress can be protected under trademark law if a showing can be made that the average consumer would likely be confused as to product origin if another product were allowed to appear in similar dress.

DISCHARGE (OF DEBTS)

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

NO-FAULT INSURANCE

Car insurance laws that require the insurance companies of each person in an accident to pay for medical bills and lost wages of their insured, up to a certain ... (more...)

Car insurance laws that require the insurance companies of each person in an accident to pay for medical bills and lost wages of their insured, up to a certain amount, regardless of who was at fault. The effect of no-fault insurance laws is to eliminate lawsuits in small accidents. The advantage is the prompt payment of medical bills and expenses. The downsides are that the amounts paid by no-fault policies are often not enough to fully cover a person's losses and that no-fault does not compensate for pain and suffering.

SAMPLE LEGAL CASES

WASHINGTON MUTUAL BANK, FA v. ORNL FEDERAL CREDIT UNION

... The homeowners subsequently refinanced their home with a bank. The bank paid off the homeowners' debt to the credit union, and recorded its own deed of trust securing its loan. At that same time, the loan and deed of trust was assigned to a second bank. ...

PHOENIX CREDIT v. Akers

... Appellant obtained a credit card from Appellee's predecessor in interest, and defaulted on payment of the debt. ... Ms. Akers made payments on the credit card debt, including a payment of $136.00 on February 17, 2005, and a payment of $131.00 on March 18, 2005. ...

Ford Motor Credit Company v. Luna

... Luna asserted that the Marshall County courts lacked jurisdiction over Ford Credit's action because he had previously filed a lawsuit in federal court for violation of the Fair Debt Collection Practices Act, and because Ford Credit's action was filed in retaliation for his federal ...

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Nashville Credit & Debt Lawyer, Tennessee, page 3

Sponsored Law Firm

Lafferty Law Firm, P.C.

SPONSORED LAWYERS

Stephen Young

Worrick Gale Robinson

Stephen Gillespie Young

Phillip Douglas Patterson

Janet L. Layman

William Bliss Hicky

Noel Reese Bagwell

Mitchell Chessman

Mitchell Earl Chessman

Evalina Casey Cheadle

TIPS

LEGAL TERMS

TRADE NAME

WORKOUT

LIMITED PARTNERSHIP

CURRENT MONTHLY INCOME

FAIR CREDIT REPORTING ACT (FCRA)

401(K) PLAN

TRADE DRESS

DISCHARGE (OF DEBTS)

NO-FAULT INSURANCE

SAMPLE LEGAL CASES

WASHINGTON MUTUAL BANK, FA v. ORNL FEDERAL CREDIT UNION

PHOENIX CREDIT v. Akers

Ford Motor Credit Company v. Luna

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