Wyandot County, OH Credit & Debt Lawyers, page 5

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Troy Doucet
About | Practice Areas
Doucet & Associates CO., L.P.A.
700 Stonehenge Parkway Suite 2B Dublin, OH 43017Â» view map
Credit & Debt Law
Don't Give Up!

We want to help you without bankruptcy. We are one of the most recognized foreclosure defense law firms in Ohio without bankruptcy.

800-821-8920
1. Troy Doucet Dublin, OH
  Attorney at Law- OH, 2011
  Capital University Law School, J.D. 2011
2. AboutDoucet & Associates CO., L.P.A.
  Donâ€™t Give Up!
3. Practice AreasExpertise
  Credit & Debt Law
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Richard Ralph Brown

Commercial Real Estate, Immigration

Status: Inactive Licensed: 57 Years

CONTACT

551 South Sandusky Avenue, Upper Sandusky, OH 43351

Joseph Charles Morehart

General Practice

Status: Inactive Licensed: 73 Years

CONTACT

203 North 8Th Street, Upper Sandusky, OH 43351

Paul Arden Burson

General Practice

Status: Inactive Licensed: 75 Years

CONTACT

2322 State Route 568, Carey, OH 43316

John Greer Hunter

General Practice

Status: Inactive Licensed: 57 Years

CONTACT

318 Hilltop Drive, Upper Sandusky, OH 43351

William James Hunter

General Practice

Status: Inactive Licensed: 92 Years

CONTACT

445 Parkview Drive, Upper Sandusky, OH 43351

David Curtis Plott

General Practice

Status: Inactive Licensed: 37 Years

CONTACT

471 North Fourth Street, Upper Sandusky, OH 43351

Harold Dale Roth

General Practice

Status: Inactive Licensed: 83 Years

CONTACT

50 Court Street, Upper Sandusky, OH 43351

Charles Alexander Naus

General Practice

Status: Inactive Licensed: 88 Years

CONTACT

519 Parkview Drive, Upper Sandusky, OH 43351

Harold Leonard Mason

General Practice

Status: Inactive Licensed: 95 Years

CONTACT

550 Dolly Avenue, Upper Sandusky, OH 43351

Jennifer Bacon Miller

General Practice

Status: Retired Licensed: 41 Years

CONTACT

442 S 7Th Street, Upper Sandusky, OH 43351

800-923-0641

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LEGAL TERMS

PRESUMED ABUSE

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means te... (more...)

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means test, the court will presume that the debtor has sufficient income to fund a Chapter 13 plan. In this situation, the debtor will not be allowed to proceed with a Chapter 7 bankruptcy unless the debtor can prove that he or she is not abusing the Chapter 7 bankruptcy remedy.

WINDING UP

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, a... (more...)

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, all with the ultimate goal of liquidating or closing down a corporation or partnership.

PRIORITY DEBT

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13... (more...)

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13 bankruptcy. Priority debts include alimony and child support, fees owed to the trustee and the attorney in the bankruptcy case, and wages owed to employees.

LOSS DAMAGE WAIVER (LDW)

Rental car insurance that makes the rental car company responsible for damage to or theft of a rental car. This insurance is a major consumer ripoff, as it ofte... (more...)

Rental car insurance that makes the rental car company responsible for damage to or theft of a rental car. This insurance is a major consumer ripoff, as it often duplicates coverage provided by the renter's regular car insurance and/or the credit card she uses to rent the car. Nevertheless, hard-sell practices by rental car agents often dupe people into buying LDWs they don't really need. LDW is also called 'collision damage waiver.'

TOXIC TORT

A personal injury caused by exposure to a toxic substance, such as asbestos or hazardous waste. Victims can sue for medical expenses, lost wages and pain and su... (more...)

A personal injury caused by exposure to a toxic substance, such as asbestos or hazardous waste. Victims can sue for medical expenses, lost wages and pain and suffering.

DISCHARGEABLE DEBTS

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bill... (more...)

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bills and medical bills. Compare nondischargeable debts.

CCCS

See Consumer Credit Counseling Service.

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.

MEETING OF CREDITORS

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a f... (more...)

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a few questions. In a Chapter 7, the meeting of creditors lasts a few minutes and rarely do any creditors show up. In a Chapter 13 bankruptcy, one or two creditors may attend, especially if they disagree with some provision of your repayment plan.

SAMPLE LEGAL CASES

Ford v. Ford Motor Credit Co.

... The result was that the account was returned to collections. Subsequently, Ford received letters from collections agencies and repeated phone 85 calls from those agencies, and the "bad debt" was placed on his credit report by FMCC. ...

Ham v. Ham

... Neither party filed objections to the magistrate's decision. On December 15, 2006, the magistrate sua sponte filed a Nunc Pro Tunc magistrate's decision to correct a mathematical error in the calculation of Daniel's credit card debt. ...

Home Depot USA, Inc. v. Levin

... Under the statute, the latter qualify for the bad-debt deduction. {Â¶ 19} This argument fails because vendors who extend credit themselves are not, with respect to bad debt, similarly situated to vendors like Home Depot, who hire financial institutions to extend credit. ...

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Wyandot County, OH Credit & Debt Lawyers, page 5

Sponsored Law Firm

Doucet & Associates CO., L.P.A.

SPONSORED LAWYERS

Richard Ralph Brown

Joseph Charles Morehart

Paul Arden Burson

John Greer Hunter

William James Hunter

David Curtis Plott

Harold Dale Roth

Charles Alexander Naus

Harold Leonard Mason

Jennifer Bacon Miller

TIPS

LEGAL TERMS

PRESUMED ABUSE

WINDING UP

PRIORITY DEBT

LOSS DAMAGE WAIVER (LDW)

TOXIC TORT

DISCHARGEABLE DEBTS

CCCS

REDEMPTION

MEETING OF CREDITORS

SAMPLE LEGAL CASES

Ford v. Ford Motor Credit Co.

Ham v. Ham

Home Depot USA, Inc. v. Levin

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