Costa Mesa Bankruptcy & Debt Lawyer, California, page 3

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Walter Roy Mitchell

Criminal, Real Estate, Litigation, Bankruptcy
Status:  In Good Standing           Licensed:  31 Years

Arthur Joseph Travieso

Corporate, Credit & Debt, Personal Injury, Family Law, Divorce & Family Law
Status:  In Good Standing           Licensed:  32 Years

Peter William Lianides

Employment Discrimination, Bankruptcy, Bankruptcy & Debt, Personal Injury
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Oksana Anatolyevna Vanrooy

Trusts, Family Law, Corporate, Credit & Debt
Status:  In Good Standing           Licensed:  19 Years

Adam M Greely

Commercial Real Estate, Litigation, Contract, Credit & Debt
Status:  In Good Standing           Licensed:  33 Years

Renee C Lloyd

Commercial Real Estate, Trusts, Corporate, Bankruptcy
Status:  In Good Standing           Licensed:  21 Years

Evan David Smiley

Litigation, Lawsuit & Dispute, Bankruptcy, Bankruptcy & Debt
Status:  In Good Standing           

Michael Gary Martin

Bankruptcy, Collection, Credit & Debt, Wills & Probate
Status:  In Good Standing           Licensed:  41 Years

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Paul E. Van Hoomissen

Complex Litigation, Litigation, Banking & Finance, Bankruptcy
Status:  In Good Standing           Licensed:  29 Years

Mark Curtis Hargan

Construction, Litigation, Corporate, Bankruptcy
Status:  In Good Standing           Licensed:  46 Years

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

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Lawyer.com can help you easily and quickly find Costa Mesa Bankruptcy & Debt Lawyers and Costa Mesa Bankruptcy & Debt Law Firms. Refine your search by specific Bankruptcy & Debt practice areas such as Bankruptcy, Collection, Credit & Debt, Reorganization and Workout matters.

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.

LIQUIDATING PARTNER

The member of an insolvent or dissolving partnership responsible for paying the debts and settling the accounts of the partnership.

BANKRUPTCY

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are ... (more...)
A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are two types of bankruptcies -- liquidation, in which your debts are wiped out (discharged) and reorganization, in which you provide the court with a plan for how you intend to repay your debts. For both consumers and business, liquidation bankruptcy is called Chapter 7. For consumers, reorganization bankruptcy is called Chapter 13. Reorganization bankruptcy for consumers with an extraordinary amount of debt and for businesses is called Chapter 11. Reorganization bankruptcy for family farmers is called Chapter 12.

CREDITOR

A person or entity (such as a bank) to whom a debt is owed.

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.

FCBA

See Fair Credit Billing Act.

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.

PRIORITY DEBT

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13... (more...)
A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13 bankruptcy. Priority debts include alimony and child support, fees owed to the trustee and the attorney in the bankruptcy case, and wages owed to employees.

CREDIT COUNSELING

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Unde... (more...)
Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Under the new bankruptcy law, a debtor must undergo credit counseling with an approved provider before filing for bankruptcy.