Bowersville Bankruptcy & Debt Lawyer, Georgia

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Robert Douglas Lenhardt Lawyer

Robert Douglas Lenhardt

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Criminal, Bankruptcy, DUI-DWI, Personal Injury, Business & Trade

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Adam M. Cain

Complex Litigation, DUI-DWI, Credit & Debt, Collection, Federal Trial Practice
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           

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Robert E. Ridgway

Real Estate, Medicare & Medicaid, Estate, Elder Law, Bankruptcy
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  50 Years

Tradd Alister Bosch

Criminal, Credit & Debt, Bankruptcy & Debt
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  12 Years

Neil Arthur Smith

Litigation, Intellectual Property, Collection, Accident & Injury, Lawsuit & Dispute
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  50 Years

Timothy Paul Healy

Landlord-Tenant, Divorce & Family Law, Criminal, Bankruptcy
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  46 Years

James E. Cornwell

Traffic, Estate, Family Law, Bankruptcy
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  48 Years

Victor A. Cuvo

Criminal, Bankruptcy, DUI-DWI
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  49 Years

Brian C Ranck

Real Estate, Lawsuit & Dispute, Family Law, Bankruptcy & Debt
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  23 Years

Willie Woodruff Jr.

Traffic, Employment, Family Law, Bankruptcy
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  46 Years

Free Help: Use This Form or Call 800-814-6700

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800-943-8690

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LEGAL TERMS

PREFERENCE

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commer... (more...)
A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commercial creditors) and within one year for insider creditors (friends, family members, and business associates). Because a preference gives the creditor who received the payment an edge over other creditors in the bankruptcy case, the trustee can recover the preference (the amount of the payment) and distribute it among all of the creditors.

401(K) PLAN

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income ... (more...)
A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income taxes on the amount invested and any earnings are due until the employee withdraws money from the fund.

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).

CCCS

See Consumer Credit Counseling Service.

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.

DEBT COLLECTOR

A person who works in the in-house collections department of an original creditor or a collection agency to track down debtors and get them to pay what they owe... (more...)
A person who works in the in-house collections department of an original creditor or a collection agency to track down debtors and get them to pay what they owe. Debt collectors can be relentless, often using scare tactics, humiliation and repeated phone calls to extract payments or promises to pay.

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.

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.

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.

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