San Pedro Workout Lawyer, California

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Leon Bayer
About | Practice Areas
Bayer Wishman & Leotta
1055 Wilshire Blvd Suite 1900 Los Angeles, CA 90017» view map
Bankruptcy & Debt
Experience, Affordability, & Expertise

The Los Angeles bankruptcy lawyers of Bayer Wishman & Leotta have successfully represented clients in the Los Angeles area for over 37 years. Bankruptcy is all we handle.

800-942-4591
1. Leon Bayer Los Angeles, CA
  Attorney at Law - CA, 1979
  San Fernando Valley College of Law
2. AboutBayer Wishman & Leotta
  88 Years of Combined Experience
3. Practice AreasExpertise
  Bankruptcy & Debt
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William James Campbell

✓ VERIFIED

Bankruptcy & Debt, Credit & Debt, Consumer Rights, Workout, Collection

William Campbell began his working career by serving in the United States Army as an infantryman in the 101st Airborne Division. After serving and ho... (more)

FREE CONSULTATION

CONTACT

855-709-5788

400 N. Tustin Ave., Santa Ana, CA 92705

Brian Joseph Kucsan

Banking & Finance, Foreclosure, Lending, Workout

Status: In Good Standing

FREE CONSULTATION

CONTACT

2706 Harbor Boulevard, Costa Mesa, CA 92626

Carmela T. Pagay

Bankruptcy, Workout

Status: In Good Standing

CONTACT

1888 Century Park East, Los Angeles, CA 90067

Jeffrey Alan Resler

Bankruptcy, Reorganization, Workout

Status: In Good Standing Licensed: 33 Years

CONTACT

1901 Ave Of The Stars, Los Angeles, CA 90067

Donald R. Ramenian

Corporate, Business Organization, Workout, Collection

Status: In Good Standing Licensed: 27 Years

CONTACT

15260 Ventura Blvd, Encino, CA 91403

Patrick Christopher Mcgarrigle

Commercial Real Estate, Landlord-Tenant, Litigation, Workout

Status: In Good Standing Licensed: 34 Years

CONTACT

9600 Topanga Canyon Blvd, Chatsworth, CA 91311

800-923-0641

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LEGAL TERMS

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.

FAIR LABOR STANDARDS ACT (FLSA)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements ... (more...)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements for overtime and places restrictions on child labor.

REAFFIRMATION

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing deb... (more...)

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing debt after the bankruptcy case is over. For instance, a debtor might make a reaffirmation agreement with the holder of a car note that the debtor can keep the car and must continue to pay the debt after bankruptcy.

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.

INTEREST

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to ... (more...)

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to your balance. This means that if your loan or credit line has an interest rate of 8%, the holder adds 8% to the balance each year. More specifically, interest is calculated and added to your loan or credit line through a process called compounding. If interest is compounded daily, the balance will rise by 1/365th of 8% each day. If interest is compounded monthly, the balance will rise 1/12th of 8% at the start of each month.

COLLATERAL

Property that guarantees payment of a secured debt.

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).

TRUTH IN LENDING ACT (TILA)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disc... (more...)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disclose the terms of a loan, including the total amount of the loan, the annual interest rate and the number, amount and due dates of all payments necessary to repay the loan. The TILA requires additional disclosures and places many restrictions on mortgages.

ADMINISTRATIVE EXPENSES

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Admi... (more...)

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Administrative costs are typically 10% of the debtor's total payments under the plan.

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San Pedro Workout Lawyer, California

Sponsored Law Firm

Bayer Wishman & Leotta

SPONSORED LAWYERS

William James Campbell

Brian Joseph Kucsan

Carmela T. Pagay

Jeffrey Alan Resler

Donald R. Ramenian

Patrick Christopher Mcgarrigle

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LEGAL TERMS

LIABILITY

FAIR LABOR STANDARDS ACT (FLSA)

REAFFIRMATION

WORKOUT

INTEREST

COLLATERAL

LIEN

TRUTH IN LENDING ACT (TILA)

ADMINISTRATIVE EXPENSES

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