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Michael Johnson
About | Practice Areas
Law Offices Of Michael H. Johnson, P.A.
3601 W. Commercial Blvd Suite 31 Fort Lauderdale, FL 33309» view map
Bankruptcy & Debt
Experienced Legal Guidance

I know how important getting out of debt can be, and I’m committed to providing innovative, effective solutions to help you have a brighter future.

800-773-6441
1. Michael Johnson Fort Lauderdale, FL
  Attorney at Law, FL
  Shepard Broad Law Center, J.D. 1998
2. AboutLaw Offices Of Michael H. Johnson, P.A.
  Experienced Legal Guidance
3. Practice AreasExpertise
  Bankruptcy & Debt
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Matthew G. Krause

Collection, Commercial Leasing, Contract, Credit & Debt

Status: In Good Standing

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8751 West Broward Blvd., Fort Lauderdale, FL 33324

L. Louis Mrachek

Class Action, Arbitration, Corporate, Bankruptcy

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505 S. Flagler Dr., West Palm Beach, FL 33401

Amanda H. Rapp

Bankruptcy, Corporate, Complex Litigation, Contract

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505 S. Flagler Dr., West Palm Beach, FL 33401

Christian Paul Larriviere

Commercial Real Estate, Foreclosure, Family Law, Bankruptcy

Status: In Good Standing

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4340 Sheridan St, Hollywood, FL 33021

Maite Diaz

Foreclosure, Workout, Consumer Bankruptcy, Bankruptcy

Status: In Good Standing

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400 N. Hiatus Rd #200, Hollywood, FL 33026

Clayton B. Gordon

Business Organization, Wills & Probate, Real Estate, Bankruptcy

Status: In Good Standing

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50 South U.S. Highway One, Jupiter, FL 33477

Alan J. Fisher

Bankruptcy, Credit & Debt, Real Estate, Bankruptcy Litigation

Status: In Good Standing Licensed: 36 Years

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7000 W. Camino Real, Boca Raton, FL 33433

Robert Cory Sheres

Litigation, Real Estate, Bankruptcy, Business

Status: In Good Standing Licensed: 16 Years

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1800 North Military Trail, Boca Raton, FL 33431

John E. Mufson

Bankruptcy & Debt, Commercial Bankruptcy, Credit & Debt, Consumer Bankruptcy

Status: In Good Standing

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1615 S Congress Ave, Delray Beach, FL 33483

Eric Klein

Bankruptcy & Debt, Bankruptcy, Divorce & Family Law, Family Law

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4800 N Federal Hwy Bldg B Ste 307, Boca Raton, FL 33431

800-923-0641

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LEGAL TERMS

FDCPA

See Fair Debt Collections & Practices Act.

MEANS TEST

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income ... (more...)

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income for his or her state should be allowed to file for Chapter 7 bankruptcy.

CHAPTER 13 BANKRUPTCY

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your inc... (more...)

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your income to pay all or a portion of the debts over three to five years. The minimum amount you must pay is roughly equal to the value of your nonexempt property. In addition, you must pledge your disposable net income -- after subtracting reasonable expenses -- for the period during which you are making payments. At the end of the three-to five-year period, the balance of what you owe on most debts is erased.

BANKRUPTCY TRUSTEE

A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is t... (more...)

A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is to gather the debtor's nonexempt property, liquidate it and distribute it proportionally to her creditors. In a Chapter 13 case, the trustee's role is to receive the debtor's monthly payments and distribute them proportionally to her creditors.

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.

FRAUDULENT TRANSFER

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee --... (more...)

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee -- for instance, when a debtor signs a car over to a relative to keep it out of the bankruptcy estate. Fraudulently transferred property can be recovered and sold by the trustee for the benefit of the creditors.

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.

BANKRUPTCY

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are ... (more...)

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are two types of bankruptcies -- liquidation, in which your debts are wiped out (discharged) and reorganization, in which you provide the court with a plan for how you intend to repay your debts. For both consumers and business, liquidation bankruptcy is called Chapter 7. For consumers, reorganization bankruptcy is called Chapter 13. Reorganization bankruptcy for consumers with an extraordinary amount of debt and for businesses is called Chapter 11. Reorganization bankruptcy for family farmers is called Chapter 12.

S CORPORATION

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status fro... (more...)

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status from the Internal Revenue Service. Electing to do business as an S corporation lets shareholders enjoy limited liability status, as would be true of any corporation, but be taxed like a partnership or sole proprietor. That is, instead of being taxed as a separate entity (as would be the case with a regular or C corporation) an S corporation is a pass-through tax entity: income taxes are reported and paid by the shareholders, not the S corporation. To qualify as an S corporation a number of IRS rules must be met, such as a limit of 75 shareholders and citizenship requirements.

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Boca Raton Bankruptcy & Debt Lawyer, Florida, page 4

Sponsored Law Firm

Law Offices Of Michael H. Johnson, P.A.

SPONSORED LAWYERS

Matthew G. Krause

L. Louis Mrachek

Amanda H. Rapp

Christian Paul Larriviere

Maite Diaz

Clayton B. Gordon

Alan J. Fisher

Robert Cory Sheres

John E. Mufson

Eric Klein

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LEGAL TERMS

FDCPA

MEANS TEST

CHAPTER 13 BANKRUPTCY

BANKRUPTCY TRUSTEE

TOXIC TORT

FRAUDULENT TRANSFER

FRATERNAL BENEFIT SOCIETY BENEFITS

BANKRUPTCY

S CORPORATION

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