Tecumseh Bankruptcy Lawyer, Oklahoma

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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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Includes: Bankruptcy Litigation, Commercial Bankruptcy, Consumer Bankruptcy, Dissolution

Robin Glenn Talley

Workers' Compensation, Bankruptcy, Adoption, Bankruptcy & Debt

Status: In Good Standing

CONTACT

116 N Bell Ave, Shawnee, OK 74802

Paul Jared Choate

Bankruptcy & Debt, Bankruptcy

Status: In Good Standing

CONTACT

116 N Bell Ave, Shawnee, OK 74801

James Ernest Palinkas

Insurance, Bankruptcy, Adoption, Gift Taxation

Status: In Good Standing

CONTACT

320 N Broadway Ave, Shawnee, OK 74801

Deborah Hupfer

Immigration, Civil Rights, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

CONTACT

1530 N Harrison, Shawnee, OK 74804

Karen Ann Henson

Bankruptcy, Adoption, Lending

Status: In Good Standing

CONTACT

Shawnee, OK 74802

Glen Allan Grubb

Workers' Compensation, Bankruptcy, Adoption, Indians & Native Populations

Status: In Good Standing

CONTACT

231 N Broadway Ave, Shawnee, OK 74801

Kermit Maurice Milburn

Oil & Gas, Elder Law, Insurance, Bankruptcy

Status: In Good Standing

CONTACT

1507 N Shawnee, Shawnee, OK 74801

Deborah Hoover Hupfer

Immigration, Bankruptcy, Bankruptcy & Debt, Defamation & Slander

Status: In Good Standing

CONTACT

1530 N Harrison, Shawnee, OK 74804

800-923-0641

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LEGAL TERMS

DISCHARGE (OF DEBTS)

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

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.

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.

DISPOSABLE INCOME

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Ch... (more...)

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Chapter 13 plan.

CREDIT REPORT

An account of your credit history, prepared by a credit bureau. A credit report will contain both credit history, such as what you owe to whom and whether you m... (more...)

An account of your credit history, prepared by a credit bureau. A credit report will contain both credit history, such as what you owe to whom and whether you make the payments on time, as well as personal history, such as your former addresses, employment record and lawsuits in which you have been involved. An estimated 50% of all credit reports contain errors, such as accounts that don't belong to you, an incorrect account status or information reported that is older than seven years (ten years in the case of a bankruptcy).

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.

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.

FRATERNAL BENEFIT SOCIETY BENEFITS

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal socie... (more...)

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal societies that provide benefits. Also called benefit society, benevolent society or mutual aid association benefits. Under bankruptcy laws, these benefits are virtually always considered exempt property.

BULK SALES LAW

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to ... (more...)

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to conduct a bulk sale of business assets -- that is, get rid of an unusually large amount of inventory, merchandise or equipment -- the business owner must typically publish a notice of the sale and give written notice to creditors. Then, the owner must set up an account to hold the funds from the sale for a brief period of time during which creditors may make claims against the money. The prohibition against bulk sales is spelled out in the Uniform Commercial Code -- and laws modeled on the UCC have been generally adopted throughout the country.

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Tecumseh Bankruptcy Lawyer, Oklahoma

Sponsored Law Firm

Roland V. Combs III & Associates PLC

SPONSORED LAWYERS

Robin Glenn Talley

Paul Jared Choate

James Ernest Palinkas

Deborah Hupfer

Karen Ann Henson

Glen Allan Grubb

Kermit Maurice Milburn

Deborah Hoover Hupfer

TIPS

LEGAL TERMS

DISCHARGE (OF DEBTS)

REDEMPTION

ADMINISTRATIVE EXPENSES

DISPOSABLE INCOME

CREDIT REPORT

SUBROGATION

LIMITED LIABILITY

FRATERNAL BENEFIT SOCIETY BENEFITS

BULK SALES LAW

SAMPLE LEGAL CASES

Bank of Oklahoma v. Ashley

Nichols v. Nichols

AMERICAN ASSOCIATES, INC. v. Quimby

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