Canton Bankruptcy Lawyer, Ohio, page 5

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Includes: Bankruptcy Litigation, Commercial Bankruptcy, Consumer Bankruptcy, Dissolution

Robert George Rubin

Real Estate, Federal Appellate Practice, Family Law, Bankruptcy
Status:  In Good Standing           Licensed:  56 Years

Judith Elaine Lancaster

Social Security, Workers' Compensation, Bankruptcy, Personal Injury
Status:  In Good Standing           Licensed:  30 Years

James Michael Mchugh

Environmental Law Other, Corporate, Bankruptcy, Products Liability
Status:  In Good Standing           Licensed:  35 Years

Laura Whitney Snelson

Bankruptcy, Real Estate
Status:  In Good Standing           Licensed:  13 Years

Nicole Lynn Rohr

Bankruptcy, Credit & Debt
Status:  In Good Standing           Licensed:  20 Years

John William Ergazos

Corporate, Bankruptcy, Family Law, Federal Appellate Practice
Status:  Inactive           Licensed:  72 Years

Homer Reese Richards

Litigation, Elder Law, Corporate, Bankruptcy
Status:  In Good Standing           Licensed:  47 Years

Susan Pucci-Sutton

Environmental Law Other, Workers' Compensation, Corporate, Bankruptcy
Status:  In Good Standing           Licensed:  30 Years

Gregory John Rufo

Litigation, Family Law, Commercial Bankruptcy, Criminal
Status:  In Good Standing           Licensed:  42 Years

Timothy Lee Fox

Litigation, Family Law, Collection, Commercial Bankruptcy
Status:  In Good Standing           Licensed:  19 Years

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Free Help: Use This Form or Call 800-943-8690

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800-943-8690

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LEGAL TERMS

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.

SUBROGATION

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off i... (more...)
A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off its injured claimant takes the legal rights the claimant has against a third party that caused the injury, and sues that third party.

LIMITED PARTNERSHIP

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner ... (more...)
A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner or partners (called general partners) have unlimited personal liability. The key difference between a general and limited partner concerns management decision making--general partners run the business, and limited partners, who are usually passive investors, are not allowed to make day-to-day business decisions. If they do, they risk being treated as general partners with unlimited personal liability.

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.

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).

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.

GARNISHMENT

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if ... (more...)
A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if she loses a lawsuit filed by the creditor. Up to 25% of a person's wages can be deducted.

TRUTH IN LENDING ACT (TILA)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disc... (more...)
A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disclose the terms of a loan, including the total amount of the loan, the annual interest rate and the number, amount and due dates of all payments necessary to repay the loan. The TILA requires additional disclosures and places many restrictions on mortgages.

LIABILITY

(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pi... (more...)
(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pipe bursts the day after Paul installs it, ruining the bathroom floor. This raises the issue of liability: Who is responsible for the damage? Peri claims that Paul is responsible, and sues him for the cost of hiring another plumber to fix the pipe and replacing the floor. Paul, in turn, claims that the pipe manufacturer is responsible, because they supplied him with faulty materials. Both Peri and Paul must prove their claims in court; if Paul and/or the manufacturer is found liable, one or both will have to pay damages to Peri. (2) Something for which a person is liable. For example, a debt is often called a liability.

SAMPLE LEGAL CASES

Cleveland Metro. Bar Assn. v. Kaplan

... {¶ 4} On May 21, 2007, Tina Marie Burge filed a grievance with relator alleging that she paid respondent $350 to convert her pending Chapter 13 bankruptcy to a Chapter 7 but that he did not perform the requested service and did not respond to her phone calls. ...

Ohio State Bar Assn. v. Martin

... We The People stores use workbooks, prepared by WTPUSA, that are essentially questionnaires pertaining to specific legal problems such as bankruptcy, divorce, dissolution, and probate. ... They also offered divorce for $349, bankruptcy for $199, and incorporation for $399. ...

Cleveland Metro. Bar Assn. v. Gresley

... 432 Count Two. {¶ 6} In April 2009, a husband and wife retained respondent to file a Chapter 13 bankruptcy on their behalf. Although respondent promised to file the bankruptcy petition on April 3, 2009, he did not do so until May 26, 2009. ...