Coopersburg Workout Lawyer, Pennsylvania

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Vincent Rubino
About | Practice Areas
Newman Williams, P.C.
712 Monroe St P.O. Box 511 Stroudsburg, PA 18360» view map
Bankruptcy & Debt
A Legacy Of Solving Clients' Problems

We are proud to uphold a decades-long tradition of serving clients with courtesy, honesty and integrity. We have been here for you, and we will continue assistance into the future.

570-421-9090
1. Vincent Rubino Stroudsburg, PA
  Attorney at Law - PA, 1987
  Hofstra University J.D. 1987
2. AboutNewman Williams, P.C.
  A Tradition Of Service And Results
3. Practice AreasExpertise
  Bankruptcy & Debt
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Robert A. Kargen

Corporate, Banking & Finance, Workout, Bankruptcy

Status: In Good Standing

CONTACT

1650 Market Street, Philadelphia, PA 19103

Michael Christopher Gallagher

Construction Contracts, Class Action, Federal Employees, Family Law, Workout

Status: In Good Standing

FREE CONSULTATION

CONTACT

1700 Market Street, Philadelphia, PA 19103

Anthony J. Krol

Banking & Finance, Corporate, Workout, Real Estate

Status: Deceased Licensed: 45 Years

CONTACT

1800 One Liberty Pl, Philadelphia, PA 19103

Deborah M.S. Doyle

Class Action, Federal Employees, Workers' Compensation, Family Law, Workout

Status: In Good Standing Licensed: 31 Years

CONTACT

1601 Market St, Philadelphia, PA 19103

800-923-0641

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LEGAL TERMS

FDCPA

See Fair Debt Collections & Practices Act.

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.

CCCS

See Consumer Credit Counseling Service.

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.

GENERAL PARTNER

A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners), is personally liable for all the... (more...)

A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners), is personally liable for all the business's debts and obligations. A general partner's actions can legally bind the entire business. See also partnership, limited partnership.

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.

GRACE PERIOD

A period of time during which you are not required to make payments on a debt. For example, most credit cards give you a grace period of 20-30 days before you h... (more...)

A period of time during which you are not required to make payments on a debt. For example, most credit cards give you a grace period of 20-30 days before you have to pay interest on the amount of your purchases. Cash advances, however, usually have no grace period; interest begins to accumulate from the date of the withdrawal, even if you pay your bills on time. Also, some student loans give you a grace period after graduating or dropping out of school. During this time, you are not required to make payments on your loan.

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.

Coopersburg Workout Lawyer, Pennsylvania

Sponsored Law Firm

Newman Williams, P.C.

SPONSORED LAWYERS

Robert A. Kargen

Michael Christopher Gallagher

Anthony J. Krol

Deborah M.S. Doyle

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LEGAL TERMS

FDCPA

BULK SALES LAW

CCCS

PRESUMED ABUSE

GENERAL PARTNER

GARNISHMENT

GRACE PERIOD

401(K) PLAN

CREDITOR

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