Canton Bankruptcy & Debt Lawyer, Connecticut

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Lee Johnson
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Johnson Law
350 Silas Deane Highway Suite 301 Wethersfield, CT 06109 » view map
Real Estate, Bankruptcy
Service. Trust. Confidence.

This Law office was built on individual service to each client, one at a time. For over 35 years we have engaged in the General Practice of Law in the State of Connecticut.

800-583-7030
1. Lee Johnson Wethersfield, CT
  Attorney At Law - CT, 1981
  WNE Law J.D 1981
2. Our Vision
  Service-Trust-Confidence-- that you can depend on.
3. Contact UsEmail or Call 24/7
  Call today for your initial consultation
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William Justin Severni

Banking & Finance, Bankruptcy, Corporate, Business Organization

Status: In Good Standing

FREE CONSULTATION

CONTACT

56 East Main Street, Avon, CT 06001

Corrine Ruth Loyola

Banking & Finance, Estate Planning, Landlord-Tenant, Bankruptcy

Status: In Good Standing Licensed: 6 Years

CONTACT

75 Avonwood Rd, Avon, CT 06001

Douglas Mark Evans

Litigation, Bankruptcy, Corporate, Collection

Status: In Good Standing Licensed: 35 Years

CONTACT

253 Kingswood Drive, Avon, CT 06001

Douglas S Pelham

Litigation, Natural Resources, Commercial Bankruptcy

Status: In Good Standing Licensed: 26 Years

CONTACT

26 Westwood Drive, Canton, CT 06019

Edward Peter Jurkiewicz

Visa, Estate, Employment, Bankruptcy, Divorce & Family Law

Status: In Good Standing

CONTACT

60 East Main Street, Avon, CT 06001

Edward Jurkiewicz

Litigation, Divorce & Family Law, Credit & Debt, Bankruptcy

Status: In Good Standing

CONTACT

60 E Main St, Avon, CT 06001

Eric Charles Shinaman

Lawsuit & Dispute, Government, Bankruptcy & Debt

Status: In Good Standing Licensed: 13 Years

CONTACT

184 Farms Village Road, West Simsbury, CT 06092

F. William O'Connor

Divorce, Corporate, Bankruptcy

Status: In Good Standing

CONTACT

20 E Main St, Avon, CT 06001

Grace Marie-Victoria Calamita

Collection

Status: In Good Standing Licensed: 30 Years

CONTACT

5 Park Road, Simsbury, CT 06070

Gregory F Demanche

Banking & Finance, Estate Planning, Commercial Real Estate, Commercial Bankruptcy

Status: In Good Standing Licensed: 41 Years

CONTACT

49 West Main Street, Avon, CT 06001

800-923-0641

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LEGAL TERMS

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.

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.

UNSECURED DEBT

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only reme... (more...)

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only remedy is to sue you and get a judgment. Compare secured debt.

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.

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.

ADMINISTRATIVE EXPENSES

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Admi... (more...)

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Administrative costs are typically 10% of the debtor's total payments under the plan.

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.

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.

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.

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Canton Bankruptcy & Debt Lawyer, Connecticut

Sponsored Law Firm

Johnson Law

SPONSORED LAWYERS

William Justin Severni

Corrine Ruth Loyola

Douglas Mark Evans

Douglas S Pelham

Edward Peter Jurkiewicz

Edward Jurkiewicz

Eric Charles Shinaman

F. William O'Connor

Grace Marie-Victoria Calamita

Gregory F Demanche

TIPS

LEGAL TERMS

DEBT COLLECTOR

SOLE PROPRIETORSHIP

UNSECURED DEBT

DISPOSABLE INCOME

WINDING UP

ADMINISTRATIVE EXPENSES

PREFERENCE

PRESUMED ABUSE

FRATERNAL BENEFIT SOCIETY BENEFITS

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