Osmond Credit & Debt Lawyer, Nebraska


Ted M. Lohrberg

Juvenile Law, Estate Planning, Family Law, Civil Rights
Status:  In Good Standing           

Robert K. Baird

Public Interest Law, Estate Planning, Elder Law, Banking & Finance
Status:  In Good Standing           

Bruce D. Curtiss

International Tax, Estate Planning, Family Law, Elder Law
Status:  In Good Standing           

Lance C. Carlson

General Practice
Status:  Deceased           

Kelsie A. Myers

Family Law, Indians & Native Populations, Civil Rights, Civil & Human Rights
Status:  In Good Standing           

Patrick J. Birmingham

Commercial Real Estate, International Tax, Estate Planning, Estate
Status:  In Good Standing           

Steven L. Archbold

Real Estate, International Tax, Agriculture, Estate Planning
Status:  In Good Standing           

Thomas H. DeLay

Mass Torts, Child Custody, Civil Rights, Banking & Finance, Business
Status:  In Good Standing           

Todd B. Vetter

Civil Rights, Insurance, Credit & Debt, Products Liability
Status:  In Good Standing           

Ronald E. Temple

Housing & Construction Defects, Litigation, Immigration, Labor Legislation, Insurance
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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Easily find Osmond Credit & Debt Lawyers and Osmond Credit & Debt Law Firms. For more attorneys, search all Bankruptcy & Debt areas including Bankruptcy, Collection, Reorganization and Workout attorneys.

LEGAL TERMS

CHAPTER 13 PLAN

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to ... (more...)
A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to pay all mandatory debts -- for example, back child support, taxes, and mortgage arrearages -- as well as some or all unsecured, nonpriority debts, such as medical and credit card bills.

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.

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.

DEBIT CARD

A card issued by a bank that combines the functions of an ATM card and checks. A debit card can be used to withdraw cash at a bank like an ATM card, and it can ... (more...)
A card issued by a bank that combines the functions of an ATM card and checks. A debit card can be used to withdraw cash at a bank like an ATM card, and it can also be used at stores to pay for goods and services in place of a check. Unlike a credit card, a debit card automatically withdraws money from your checking account at the time of the transaction. Debit cards are regulated by the Electronic Funds Transfer Act.

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.

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.

HOUSEHOLDER

A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a ho... (more...)
A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a homestead exemption and possibly other exemptions relating to the maintenance of the household.

GUARANTEED RESERVATION

A hotel or rental car reservation secured by a credit card number. In exchange for your card number, the hotel or rental agency promises to have a room or vehic... (more...)
A hotel or rental car reservation secured by a credit card number. In exchange for your card number, the hotel or rental agency promises to have a room or vehicle for you no matter when you show up. If you have a guaranteed reservation with a hotel, it must provide you with a room, either at that hotel or at another comparable establishment. If you have a guaranteed reservation with a car agency, it must provide you with a vehicle. The downside of a guaranteed reservation is that if you don't show up and haven't cancelled your reservation, you will be billed for one night in the room or one day's use of the vehicle.

LIQUIDATING PARTNER

The member of an insolvent or dissolving partnership responsible for paying the debts and settling the accounts of the partnership.

SAMPLE LEGAL CASES

Bock v. Dalbey

... expenses. To Dalbey's knowledge, Bock did not use the line of credit to pay any of her debt. The balance on the line of credit was $118,778.06 on July 7, 2009; $128,790.96 as of November 27; and nearly $129,000 at the time of trial. ...

Burger v. Burger

... Additionally, we hereby order that within 90 days of the issuance of our mandate, Steven shall make a payment of $10,000 to Wells Fargo Bank to be applied to the line of credit debt on the residence awarded to Reyes and which debt we assign to her. ...

GROETKEN v. GROETKEN

... to Randall as traceable to his premarital money, whether Kelli was entitled to have her full $10,000 of premarital money restored, and the division of the parties' marital debt which consisted of the outstanding balance on the Mercedes loan and a credit card debt of approximately ...