Canoga Park Bankruptcy & Debt Lawyer, California, page 4

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Leon Bayer
About | Practice Areas
Bayer Wishman & Leotta
1055 Wilshire Blvd Suite 1900 Los Angeles, CA 90017» view map
Bankruptcy & Debt
Experience, Affordability, & Expertise

The Los Angeles bankruptcy lawyers of Bayer Wishman & Leotta have successfully represented clients in the Los Angeles area for over 37 years. Bankruptcy is all we handle.

800-942-4591
1. Leon Bayer Los Angeles, CA
  Attorney at Law - CA, 1979
  San Fernando Valley College of Law
2. AboutBayer Wishman & Leotta
  88 Years of Combined Experience
3. Practice AreasExpertise
  Bankruptcy & Debt
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Brent Edward Vallens

Construction, Litigation, Elder Law, Credit & Debt

Status: In Good Standing

CONTACT

21053 Devonshire St, Chatsworth, CA 91311

Neil Michael Sunkin

Real Estate Other, Litigation, Lawsuit & Dispute, Business, Credit & Debt

Status: In Good Standing

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22908 Gershwin Dr, Woodland Hills, CA 91364

Jeffrey J Hagen

Landlord-Tenant, Consumer Bankruptcy, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

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4559 San Blas Ave, Calabasas, CA 91364

Jeffrey J Hagen

Employment Discrimination, Consumer Bankruptcy, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

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4559 San Blas Ave, Calabasas, CA 91364

Joshua P Friedman

Commercial Real Estate, Litigation, Contract, Credit & Debt

Status: In Good Standing Licensed: 23 Years

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23679 Calabasas Rd, Calabasas, CA 91302

Steven Abraham Wolvek

Family Law, Bankruptcy, Personal Injury, Immigration, Commercial Real Estate

Status: In Good Standing

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5023 N Parkway Calabasas, Calabasas, CA 91302

Carolyn Diane Phillips

Dispute Resolution, Bankruptcy, Business, Construction

Status: In Good Standing

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23035 Wrencrest Drive, Calabasas, CA 91302

Michael Harvey Raichelson

Civil Rights, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 30 Years

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23690 Park Sevilla, Calabasas, CA 91302

Mark Stuart Dodge

Intellectual Property, Corporate, Commercial Bankruptcy, Animal Bite

Status: Deceased Licensed: 50 Years

CONTACT

21039 Mendenhall Ct, Topanga, CA 90290

Steven Robert Fox

Bankruptcy

Status: In Good Standing Licensed: 36 Years

CONTACT

17835 Ventura Blvd, Encino, CA 91316

800-923-0641

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LEGAL TERMS

CHAPTER 13 PLAN

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to ... (more...)

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to pay all mandatory debts -- for example, back child support, taxes, and mortgage arrearages -- as well as some or all unsecured, nonpriority debts, such as medical and credit card bills.

DISCHARGE (OF DEBTS)

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

HOUSEHOLDER

A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a ho... (more...)

A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a homestead exemption and possibly other exemptions relating to the maintenance of the household.

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.

CREDITOR

A person or entity (such as a bank) to whom a debt is owed.

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.

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.'

ABUSE

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because ... (more...)

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because the debtor appears to have enough disposable income to fund a Chapter 13 repayment plan.

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.

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Canoga Park Bankruptcy & Debt Lawyer, California, page 4

Sponsored Law Firm

Bayer Wishman & Leotta

SPONSORED LAWYERS

Brent Edward Vallens

Neil Michael Sunkin

Jeffrey J Hagen

Jeffrey J Hagen

Joshua P Friedman

Steven Abraham Wolvek

Carolyn Diane Phillips

Michael Harvey Raichelson

Mark Stuart Dodge

Steven Robert Fox

TIPS

LEGAL TERMS

CHAPTER 13 PLAN

DISCHARGE (OF DEBTS)

HOUSEHOLDER

C CORPORATION

CREDITOR

BULK SALES LAW

LOSS DAMAGE WAIVER (LDW)

ABUSE

SOLE PROPRIETORSHIP

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