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Joseph Botelho
About | Practice Areas
Botelho Law Group
901 Eastern Ave Suite 2 Fall River, MA 02723» view map
Bankruptcy & Debt Law
Fall River Lawyers

At the Botelho Law Group we have several attorneys, with different specializations; to help your case’s individual needs.

800-229-5331
1. Joseph Botelho Fall River, MA
  Attorney at Law- MA, 2000
  University of Massachusetts School of Law, J.D. 2000
2. AboutBotelho Law Group
  Fall River Lawyers
3. Practice AreasExpertise
  Bankruptcy & Debt Law
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Danielle A. Britto

Estate Planning, Workers' Compensation, Bankruptcy, Personal Injury

Status: In Good Standing

CONTACT

293 Cowesett Avenue, West Warwick, RI 02893

Jennifer Hoopis D'Ambra

Bankruptcy, Employment, Family Law, Labor Law

Status: In Good Standing

FREE CONSULTATION

CONTACT

33 College Hill Road, Warwick, RI 02886

Keri Hague Beck

Business Organization, Commercial Real Estate, Credit & Debt, Estate Planning

Status: In Good Standing

FREE CONSULTATION

CONTACT

931 Jefferson Blvd., Warwick, RI 02886

Jack D. Pitts

Trusts, Estate, Criminal, Bankruptcy

Status: In Good Standing

CONTACT

635 Killingly Street, Johnston, RI 02919

Brian D. Fogarty

Accident & Injury, Bankruptcy & Debt, Divorce & Family Law, Employment, Estate

Status: In Good Standing

CONTACT

1454 Main St, West Warwick, RI 02893

Mark S. Buckley

Wills & Probate, Consumer Bankruptcy, Bankruptcy, Bankruptcy & Debt, Accident & Injury

Status: In Good Standing

CONTACT

511 Greenbush Road, Warwick, RI 02818

Peter D. Nolan

Accident & Injury, Bankruptcy & Debt, Estate, Real Estate, Estate Planning

Status: In Good Standing

CONTACT

1070 Main Street, Coventry, RI 02816

Nelson F. Brinckerhoff

Divorce & Family Law, Estate, Bankruptcy, Wills & Probate

Status: In Good Standing Licensed: 43 Years

FREE CONSULTATION

CONTACT

6480 Post Road, North Kingstown, RI 02852

Benjamin A. Mesiti

Divorce & Family Law, Criminal, Bankruptcy & Debt, Accident & Injury

Status: In Good Standing

CONTACT

986 Hartford Avenue, Johnston, RI 02919

Marc R. Colagiovanni

Bankruptcy & Debt, Estate, Divorce & Family Law, Personal Injury

Status: In Good Standing

CONTACT

3010 Post Road, Warwick, RI 02886

800-923-0641

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LEGAL TERMS

S CORPORATION

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status fro... (more...)

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status from the Internal Revenue Service. Electing to do business as an S corporation lets shareholders enjoy limited liability status, as would be true of any corporation, but be taxed like a partnership or sole proprietor. That is, instead of being taxed as a separate entity (as would be the case with a regular or C corporation) an S corporation is a pass-through tax entity: income taxes are reported and paid by the shareholders, not the S corporation. To qualify as an S corporation a number of IRS rules must be met, such as a limit of 75 shareholders and citizenship requirements.

DISCHARGE (OF DEBTS)

A bankruptcy court's erasure of the debts of a person or business that has filed for bankruptcy.

WORKOUT

A debtor's plan to take care of a debt, by paying it off or through loan forgiveness. Workouts are often created to avoid bankruptcy or foreclosure proceedings.

FAIR DEBT COLLECTIONS & PRACTICES ACT (FDCPA)

A federal law that outlaws unfair debt collection practices, including lying, harassing, misleading and otherwise abusing debtors, by debt collectors working fo... (more...)

A federal law that outlaws unfair debt collection practices, including lying, harassing, misleading and otherwise abusing debtors, by debt collectors working for collection agencies. The law does not apply to creditors collecting their own debts. This law has greatly improved conditions for debtors, although more than a few debt collectors ignore the law. If a collection agency violates the law, debtors can contact the Federal Trade Commission for help.

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.

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.

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.

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.

GUARANTOR

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. T... (more...)

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. The guarantor gives a 'guaranty,' which is an assurance that the debt or other obligation will be fulfilled.

Coventry Bankruptcy & Debt Lawyer, Rhode Island

Sponsored Law Firm

Botelho Law Group

SPONSORED LAWYERS

Danielle A. Britto

Jennifer Hoopis D'Ambra

Keri Hague Beck

Jack D. Pitts

Brian D. Fogarty

Mark S. Buckley

Peter D. Nolan

Nelson F. Brinckerhoff

Benjamin A. Mesiti

Marc R. Colagiovanni

TIPS

LEGAL TERMS

S CORPORATION

DISCHARGE (OF DEBTS)

WORKOUT

FAIR DEBT COLLECTIONS & PRACTICES ACT (FDCPA)

PRIORITY DEBT

LIMITED PARTNERSHIP

LIABILITY

SOLE PROPRIETORSHIP

GUARANTOR

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