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George Oliver
About | Practice Areas
Oliver & Cheek, PLLC
405 Middle Street New Bern, NC 28560» view map
Bankruptcy & Debt Law
Your Business Partner

Oliver & Cheek, PLLC is a full service business firm providing a wide range of legal services to clients in North Carolina.

252-633-1930
1. George Oliver New Bern, NC
  Attorney at Law- NJ, 1999
  University of North Carolina School of Law, J.D. 1999
2. AboutOliver & Cheek, PLLC
  Your Business Partner
3. Practice AreasExpertise
  Bankruptcy & Debt Law
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Includes: Bankruptcy Litigation, Commercial Bankruptcy, Consumer Bankruptcy, Dissolution

T. Allen Gardner

Family Law, Personal Injury, Bankruptcy, Trusts

Status: In Good Standing

CONTACT

201 Court Street, Louisburg, NC 27549

Larry E. Norman

Wills, Family Law, Bankruptcy, Personal Injury

Status: In Good Standing

CONTACT

101 South Main Street, Louisburg, NC 27549

David Paul Clapsadl

Banking & Finance, Bankruptcy, Corporate, Business Organization

Status: In Good Standing

CONTACT

120 North Franklin Street, Rocky Mount, NC 27804

Terry D. Fisher

Bankruptcy

Status: In Good Standing

FREE CONSULTATION

CONTACT

401 North Mangum Street, Durham, NC 27701

Ruben Fernandez

Bankruptcy, Bankruptcy Litigation, Corporate, Business Organization

Status: In Good Standing

FREE CONSULTATION

CONTACT

400 W. Main St., Durham, NC 27701

Donald D. Pergerson

Immigration, Wills & Probate, Civil Rights, Bankruptcy

Status: In Good Standing Licensed: 39 Years

CONTACT

x, Henderson, NC 27536

Michael P. Murphy

Bankruptcy, Corporate, Chemical & Cosmetics, Collection

Status: In Good Standing Licensed: 34 Years

CONTACT

Rocky Mount, NC 27804

Lisa Gail Chehreh

Real Estate, Commercial Bankruptcy, Trusts

Status: In Good Standing Licensed: 21 Years

CONTACT

7613 Matherly Dr, Wake Forest, NC 27587

Ralph Erskine Stevenson

Traffic, Family Law, Criminal, Consumer Bankruptcy

Status: In Good Standing Licensed: 14 Years

CONTACT

206 Villa St, Rocky Mount, NC 27802

Anabel Franceschini Rosa

Social Security, Civil Rights, Bankruptcy, Personal Injury

Status: In Good Standing Licensed: 28 Years

CONTACT

280 S Mangum St, Durham, NC 27701

800-923-0641

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LEGAL TERMS

C CORPORATION

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S c... (more...)

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S corporation, whose profits are passed through to shareholders and taxed on their personal returns under subchapter S of the Internal Revenue Code.

DISCHARGE (OF DEBTS)

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

SOLE PROPRIETORSHIP

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, m... (more...)

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, meaning that business profits are reported and taxed on the owner's personal tax return. Setting up a sole proprietorship is cheap and easy since no legal formation documents need be filed with any governmental agency (although tax registration and other permit and license requirements may still apply). Once you file a fictitious name statement (assuming you don't use your own name) and obtain any required basic tax permits and business licenses, you'll be in business. The main downside of a sole proprietorship is that its owner is personally liable for all business debts.

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.

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.

FORBEARANCE

Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily ... (more...)

Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily postponing or reducing the borrower's payments.

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.

DOING BUSINESS AS (DBA)

A situation in which a business owner operates a company under a name different from his or her real name. The owner must file a 'fictitious name statement' or ... (more...)

A situation in which a business owner operates a company under a name different from his or her real name. The owner must file a 'fictitious name statement' or similar document with the appropriate agency -- for example, the county clerk. This enables consumers to discover the names of the business owners, which is important if a consumer needs to sue the business.

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.

SAMPLE LEGAL CASES

Morales-Rodriguez v. Carolina Quality

... On 9 August 2007, defendants appealed to this Court. These proceedings were stayed on 23 January 2008 pursuant to 11 USC Â§ 362 by reason of a bankruptcy proceeding filed by individual defendant, Cynthia Vinson. By ...

Woods v. Mangum

... the Estate. Plaintiffs also filed for federal bankruptcy protection on 29 August 2002 and were released from bankruptcy on 438 3 May 2007. The Mangums' claim was not discharged as a result of plaintiffs' bankruptcy. The Executrix ...

Moss Creek Homeowners Ass'n v. Bissette

... ("Byron"). Byron filed for bankruptcy protection in 1991, and received its discharge from bankruptcy on 24 August 2005. ... The Bissettes next argue that the assignment of rights of the Declaration and the subsequent bankruptcy of Byron renders the covenant unenforceable. ...

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Wise Bankruptcy Lawyer, North Carolina

Sponsored Law Firm

Oliver & Cheek, PLLC

SPONSORED LAWYERS

T. Allen Gardner

Larry E. Norman

David Paul Clapsadl

Terry D. Fisher

Ruben Fernandez

Donald D. Pergerson

Michael P. Murphy

Lisa Gail Chehreh

Ralph Erskine Stevenson

Anabel Franceschini Rosa

TIPS

LEGAL TERMS

C CORPORATION

DISCHARGE (OF DEBTS)

SOLE PROPRIETORSHIP

WORKOUT

SUBROGATION

FORBEARANCE

CHAPTER 7 BANKRUPTCY

DOING BUSINESS AS (DBA)

REAFFIRMATION

SAMPLE LEGAL CASES

Morales-Rodriguez v. Carolina Quality

Woods v. Mangum

Moss Creek Homeowners Ass'n v. Bissette

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