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Michael Plotkin
About | Practice Areas
Michael E. Plotkin, Attorney at Law
80 S Lake Ave Ste 702 Pasadena, CA 91101» view map
Bankruptcy
Experienced. Reliable. Results.

We strive to meet the legal needs of our individual clients and their families.

800-841-5920
1. Michael Plotkin Pasadena, CA
  Attorney at Law - CA, 1977
  Glendale University J.D.
2. AboutMichael E. Plotkin, Attorney at Law
  Over 40 years of experience.
3. Practice AreasExpertise
  Bankruptcy
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Brad Weil

Bankruptcy & Debt, Bankruptcy, Credit & Debt, Collection

Status: In Good Standing Licensed: 9 Years

FREE CONSULTATION

CONTACT

460 East Carson Plaza Drive, Carson, CA 90746

Raymond Ira Moniak

Administrative Law, Credit & Debt, Construction, Litigation

Status: In Good Standing Licensed: 38 Years

CONTACT

2276 Torrance Blvd, Torrance, CA 90501

Brandon Seth Chabner

Business, Contract, Merger & Acquisition, Credit & Debt

Status: In Good Standing Licensed: 18 Years

CONTACT

1601 Pacific Coast Hwy, Hermosa Beach, CA 90254

Q Scott Kaye

Energy, Corporate, Credit & Debt, Commercial Real Estate

Status: In Good Standing Licensed: 19 Years

CONTACT

20825 Tomlee Ave, Torrance, CA 90503

Louis Henry Altman

Litigation, Credit & Debt, Commercial Real Estate

Status: In Good Standing

CONTACT

444 W Ocean Blvd, Long Beach, CA 90802

David Richard Haberbush

Credit & Debt, Business, Bankruptcy

Status: In Good Standing

CONTACT

444 W Ocean Blvd, Long Beach, CA 90802

Scott Kaye

Energy, Corporate, Credit & Debt, Commercial Real Estate

Status: In Good Standing Licensed: 19 Years

CONTACT

20825 Tomlee Ave, Torrance, CA 90503

James Vicente Michael Sanchez

Contract, Credit & Debt, Family Law, Business

Status: In Good Standing Licensed: 11 Years

CONTACT

4154 Norse Way, Long Beach, CA 90808

Barbara Jean Craig

Contract, Credit & Debt, Trusts, Commercial Real Estate

Status: In Good Standing

CONTACT

414 W 7th Street, San Pedro, CA 90731

Ivan Miguel Lopez

Contract, Litigation, Credit & Debt, Bankruptcy

Status: In Good Standing Licensed: 11 Years

CONTACT

5155 W Rosecrans Ave, Hawthorne, CA 90250

LEGAL TERMS

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.

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.

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.

ACCORD AND SATISFACTION

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collectin... (more...)

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collecting as much money as they can from debtors who cannot pay the full amount.

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.

NUISANCE FEES

Money charged by some credit card companies to increase their profits when you fail to use the card the way the creditor wants. Examples include late payment fe... (more...)

Money charged by some credit card companies to increase their profits when you fail to use the card the way the creditor wants. Examples include late payment fees, inactivity fees and fees for not carrying a balance from month to month. It's best to shop around and get rid of cards that have these fees attached.

SECRET WARRANTY PROGRAM

A program under which a car manufacturer will make repairs for free on vehicles with persistent problems, even after the warranty has expired, in order to avoid... (more...)

A program under which a car manufacturer will make repairs for free on vehicles with persistent problems, even after the warranty has expired, in order to avoid a recall and the accompanying bad press. Secret warranties are rarely advertised by the manufacturer, so consumers must pursue the manufacturer to discover and take advantage of them. A few states require manufacturers to notify car buyers when they adopt secret warranty programs.

FAIR CREDIT REPORTING ACT (FCRA)

A federal law that is designed to prevent inaccurate or obsolete information from entering or remaining in a credit report. The law requires credit bureaus to a... (more...)

A federal law that is designed to prevent inaccurate or obsolete information from entering or remaining in a credit report. The law requires credit bureaus to adopt reasonable procedures for gathering, maintaining and disseminating information and bars credit bureaus from reporting negative information that is older than seven years, except a bankruptcy, which may be reported for ten. If you notify a credit bureau of an error in your credit report, the FCRA requires the bureau to investigate your allegations within 30 days, review all information you provide, remove inaccurate and unverified information and adopt procedures to keep the information from reappearing. In addition, the law requires that creditors refrain from reporting incorrect information to credit bureaus.

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.

SAMPLE LEGAL CASES

Komarova v. National Credit Acceptance, Inc.

... This lawsuit arises from the efforts of defendant National Credit Acceptance, Inc., to collect a consumer debt from plaintiff Anastasiya Komarova that she did not owe. ... The plaintiffs there, like plaintiff here, were pursued for payment of a credit card debt they did not owe. ...

Dey v. Continental Central Credit

... K. Dey appeals a judgment of dismissal entered after the court sustained without leave to amend the demurrer of Continental Central Credit (Continental) and ... et seq.) Dey contends he stated a cause of action based on a fee defendants charged him to collect a debt he owed a ...

Liceaga v. Debt Recovery Solutions, LLC

... Despite her pleas to the agency that she was a victim of identity theft and had no Sprint account, they appear to have disbelieved her and ultimately reported her "default" to several credit reporting agencies, without advising that the debt was contested, thus harming her credit ...

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Carson Credit & Debt Lawyer, California

Sponsored Law Firm

Michael E. Plotkin, Attorney at Law

SPONSORED LAWYERS

Brad Weil

Raymond Ira Moniak

Brandon Seth Chabner

Q Scott Kaye

Louis Henry Altman

David Richard Haberbush

Scott Kaye

James Vicente Michael Sanchez

Barbara Jean Craig

Ivan Miguel Lopez

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LEGAL TERMS

WINDING UP

FRATERNAL BENEFIT SOCIETY BENEFITS

SUBROGATION

ACCORD AND SATISFACTION

PRESUMED ABUSE

NUISANCE FEES

SECRET WARRANTY PROGRAM

FAIR CREDIT REPORTING ACT (FCRA)

SOLE PROPRIETORSHIP

SAMPLE LEGAL CASES

Komarova v. National Credit Acceptance, Inc.

Dey v. Continental Central Credit

Liceaga v. Debt Recovery Solutions, LLC

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