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Chuck Douglas
About | Practice Areas
Wakhisi-Douglas LLC
1650 Market Street Suite 3600 Philadelphia, PA 19103» view map
Bankruptcy & Debt
We Fight Back and Win in Court

We’ve won hundreds of cases, and we’ve developed a reputation for resolving complex disputes favorably for our clients.

800-978-8941
1. Chuck Douglas Philadelphia, PA
  Attorney at Law- GA
  Georgia State University College of Law, J.D. 2009
2. AboutWakhisi-Douglas LLC
  We Fight Back and Win in Court
3. Practice AreasExpertise
  Bankruptcy & Debt
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Michael Christopher Gallagher

Construction Contracts, Class Action, Federal Employees, Family Law, Workout

Status: In Good Standing

FREE CONSULTATION

CONTACT

1700 Market Street, Philadelphia, PA 19103

Robert A. Kargen

Corporate, Banking & Finance, Workout, Bankruptcy

Status: In Good Standing

CONTACT

1650 Market Street, Philadelphia, PA 19103

Anthony J. Krol

Banking & Finance, Corporate, Workout, Real Estate

Status: Deceased Licensed: 45 Years

CONTACT

1800 One Liberty Pl, Philadelphia, PA 19103

Barry D. Kleban

Real Estate, Litigation, Workout, Bankruptcy & Debt

Status: In Good Standing

CONTACT

1617 John F Kennedy Blvd, Philadelphia, PA 19103

Daniel Michael Pereira

Lawsuit & Dispute, Banking & Finance, Bankruptcy & Debt, Workout

Status: In Good Standing Licensed: 10 Years

CONTACT

2005 Market Street, Philadelphia, PA 19103

Deborah M.S. Doyle

Class Action, Federal Employees, Workers' Compensation, Family Law, Workout

Status: In Good Standing Licensed: 31 Years

CONTACT

1601 Market St, Philadelphia, PA 19103

Jamison Ross Bonner

Real Estate, Litigation, Workout

Status: In Good Standing Licensed: 12 Years

CONTACT

1235 Westlakes Drive, Berwyn, PA 19312

Jamison Ross Bonner

Real Estate, Litigation, Lending, Workout

Status: In Good Standing Licensed: 12 Years

CONTACT

1235 Westlakes Drive, Berwyn, PA 19312

Lawrence Alan Katz

Workout, Bankruptcy & Debt

Status: In Good Standing

CONTACT

1650 Market Street, Philadelphia, PA 19103

Peter Stratton Clark

Litigation, Disability, Workout, Bankruptcy

Status: In Good Standing Licensed: 42 Years

CONTACT

1717 Arch St, Philadelphia, PA 19103

800-923-0641

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LEGAL TERMS

CHAPTER 7 BANKRUPTCY

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 b... (more...)

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 bankruptcy takes from three to six months, costs about $200, and commonly requires only one trip to the courthouse.

SUBROGATION

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off i... (more...)

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off its injured claimant takes the legal rights the claimant has against a third party that caused the injury, and sues that third party.

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.

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.

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.

IRS EXPENSES

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income mu... (more...)

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income must use the IRS expenses to calculate their average net income in a Chapter 7 case, or their disposable income in a Chapter 13 case.

NUISANCE FEES

Money charged by some credit card companies to increase their profits when you fail to use the card the way the creditor wants. Examples include late payment fe... (more...)

Money charged by some credit card companies to increase their profits when you fail to use the card the way the creditor wants. Examples include late payment fees, inactivity fees and fees for not carrying a balance from month to month. It's best to shop around and get rid of cards that have these fees attached.

ABUSE

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because ... (more...)

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because the debtor appears to have enough disposable income to fund a Chapter 13 repayment plan.

COLLECTION AGENCY

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the d... (more...)

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the debt themselves, typically through letters (called 'dunning' letters) and telephone calls. Collection agencies are regulated by the federal Fair Debt Collection Practices Act. Unfortunately, too many collectors ignore this law.

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Philadelphia Workout Lawyer, Pennsylvania

Sponsored Law Firm

Wakhisi-Douglas LLC

SPONSORED LAWYERS

Michael Christopher Gallagher

Robert A. Kargen

Anthony J. Krol

Barry D. Kleban

Daniel Michael Pereira

Deborah M.S. Doyle

Jamison Ross Bonner

Jamison Ross Bonner

Lawrence Alan Katz

Peter Stratton Clark

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LEGAL TERMS

CHAPTER 7 BANKRUPTCY

SUBROGATION

SETOFF

REDEMPTION

REPOSSESSION

IRS EXPENSES

NUISANCE FEES

ABUSE

COLLECTION AGENCY

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