Caroga Lake Bankruptcy & Debt Lawyer, New York

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Jerrold W. Bartman

Bankruptcy
Status:  In Good Standing           

FREE CONSULTATION 

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Peter Alan Zisser

Credit & Debt, Bankruptcy, Bankruptcy & Debt
Status:  Retired           Licensed:  26 Years

James William Hyde

Bankruptcy & Debt
Status:  In Good Standing           Licensed:  26 Years

Jennifer Mary Woodward

Bankruptcy
Status:  In Good Standing           Licensed:  35 Years

Joseph A. Nalli

Real Estate, Estate, Divorce & Family Law, Bankruptcy & Debt
Status:  In Good Standing           Licensed:  40 Years

Beverley Joy Forrest

Dispute Resolution, Bankruptcy
Status:  In Good Standing           Licensed:  45 Years

Todd Daniel Bennett

Traffic, Criminal, Bankruptcy, Personal Injury
Status:  In Good Standing           Licensed:  32 Years

Karl Erik Manne

Landlord-Tenant, Wills & Probate, Collection, Bankruptcy
Status:  In Good Standing           

Scott Harris Oberman

Motor Vehicle, Criminal, Bankruptcy & Debt, Accident & Injury
Status:  In Good Standing           Licensed:  42 Years

Erica Lynne Zimny

Family Law, Elder Law, Contract, Credit & Debt
Status:  Inactive           Licensed:  18 Years

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

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LEGAL TERMS

FCBA

See Fair Credit Billing Act.

LIEN

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortg... (more...)
The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortgages, home equity loans, car loans and personal loans for which you pledge property to guarantee repayment. Liens created without your consent are called nonconsensual liens, and include judgment liens (liens filed by a creditor who has sued you and obtained a judgment), tax liens and mechanics liens (liens filed by a contractor who worked on your house but wasn't paid).

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.

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.

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.

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.

CREDIT FILE

See credit report.

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.

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.

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