Blanchard Bankruptcy & Debt Lawyer, Louisiana

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Lars Levy
About | Practice Areas
Simon, Fitzgerald, Cooke, Reed and Welch
4700 Line Ave Ste 200 Shreveport, LA 71106» view map
Bankruptcy & Debt Law
Experienced Attorneys Serving You

The law firm of Simon, Fitzgerald, Cooke, Reed and Welch has helped thousands of people find true relief from debt through bankruptcy

800-769-0341
1. Lars Levy Ste 200 Shreveport, LA
  Attorney at Law- LA, 2002
  Paul M. Hebert Law Center, J.D. 2002
2. AboutSimon, Fitzgerald, Cooke, Reed and Welch
  Experienced Bankruptcy Attorneys Serving You
3. Practice AreasExpertise
  Bankruptcy & Debt Law
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Lars Laban Levy

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Bankruptcy & Debt

L. LABAN LEVY is a partner with the law firm of Simon, Fitzgerald, Cooke, Reed & Welch. Mr. Levy graduated from Northwestern State University with a B... (more)

CONTACT

800-769-0341

4700 Line Ave, Shreveport, LA 71106

Kristina B. Gustavson

Litigation, Trademark, Contract, Bankruptcy

Status: In Good Standing

CONTACT

333 Texas Street, Shreveport, LA 71120

Lauren Pickett Davis

Collection, Insurance, Medical Malpractice

Status: In Good Standing

CONTACT

One Texas Centre, 415 Texas Street, Shreveport, LA 71101

Robert W. Johnson

Other, Litigation, Corporate, Bankruptcy

Status: In Good Standing Licensed: 42 Years

CONTACT

333 Texas St, Shreveport, LA 71101

Bernard S. Johnson

Mental Health, Corporate, Contract, Bankruptcy

Status: In Good Standing Licensed: 47 Years

CONTACT

333 Texas St, Shreveport, LA 71101

Allison A Jones

Litigation, Employment Discrimination, Civil Rights, Bankruptcy

Status: In Good Standing

CONTACT

401 Market Street, Shreveport, LA 71101

Laura Peterson Butler

Estate Planning, Business Successions, Business, Reorganization

Status: In Good Standing

CONTACT

333 Texas Street, Shreveport, LA 71120

Scott R. Wolf

Employee Rights, Administrative Law, Credit & Debt, Personal Injury

Status: In Good Standing

CONTACT

333 Texas St, Shreveport, LA 71101

Ralph S Bowie

Child Custody, Criminal, Contract, Bankruptcy & Debt, Accident & Injury

Status: In Good Standing Licensed: 41 Years

CONTACT

400 Travis St, Shreveport, LA 71101

R. Joseph Naus

Litigation, Civil Rights, Business, Bankruptcy

Status: In Good Standing

CONTACT

333 Texas Street, Shreveport, LA 71120

800-923-0641

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LEGAL TERMS

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.

COLLATERAL

Property that guarantees payment of a secured debt.

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.

DEFINED CONTRIBUTION PLAN

A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount ... (more...)

A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount every month, or every year, for each employee. The employer usually pays a fixed percentage of an employee's wages or salary, although sometimes the amount is a fraction of the company's profits, with the size of each employee's pension share depending on the amount of wage or salary. Upon retirement, each employee's pension is determined by how much was contributed to the fund on behalf of that employee over the years, plus whatever earnings that money has accumulated as part of the investments of the entire pension fund.

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).

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.

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.

NONDISCHARGEABLE DEBTS

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chap... (more...)

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chapter 13 bankruptcy, the nondischargeable debts will have to be paid in full during your plan or you will have a balance at the end of your case. Examples of nondischargeable debts include alimony and child support, most income tax debts, many student loans and debts for personal injury or death caused by drunk driving. Compare dischargeable debts.

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Blanchard Bankruptcy & Debt Lawyer, Louisiana

Sponsored Law Firm

Simon, Fitzgerald, Cooke, Reed and Welch

SPONSORED LAWYERS

Lars Laban Levy

Kristina B. Gustavson

Lauren Pickett Davis

Robert W. Johnson

Bernard S. Johnson

Allison A Jones

Laura Peterson Butler

Scott R. Wolf

Ralph S Bowie

R. Joseph Naus

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LEGAL TERMS

SOLE PROPRIETORSHIP

WORKOUT

COLLATERAL

REDEMPTION

DEFINED CONTRIBUTION PLAN

LIEN

FAIR LABOR STANDARDS ACT (FLSA)

PRESUMED ABUSE

NONDISCHARGEABLE DEBTS

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