Cuyahoga Falls Bankruptcy & Debt Lawyer, Ohio

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Mark Franklin Graziani Lawyer

Mark Franklin Graziani

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Bankruptcy & Debt, Estate, Lawsuit & Dispute, Criminal, Divorce & Family Law

Mark Graziani is a practicing lawyer in the state of Ohio. He received his J.D. from University of Akron School of Law in 2014 and is licensed in Ohio... (more)

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Veronica K. Buetel

Land Use & Zoning, Government Contract, Government Agencies, Bankruptcy
Status:  In Good Standing           

Aaron Jacob Zurbrugg

Bankruptcy, Bankruptcy & Debt
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Nicole A. Soltis

Consumer Bankruptcy, Bankruptcy
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Debra E. Booher

Collection, Bankruptcy, Bankruptcy & Debt
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A. Michelle Jackson

Employment, Corporate, Bankruptcy
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Jennifer Zap

Consumer Bankruptcy, Bankruptcy, Bankruptcy & Debt
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Ronald N. Towne

Banking & Finance, Bankruptcy, Corporate, Credit & Debt
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Ann Wehener

Banking & Finance, Bankruptcy, Business Organization, Collection
Status:  In Good Standing           

Jeffrey J. Manning

Dissolution, Estate Planning, Litigation, Products Liability
Status:  In Good Standing           

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LEGAL TERMS

CREDIT REPORT

An account of your credit history, prepared by a credit bureau. A credit report will contain both credit history, such as what you owe to whom and whether you m... (more...)
An account of your credit history, prepared by a credit bureau. A credit report will contain both credit history, such as what you owe to whom and whether you make the payments on time, as well as personal history, such as your former addresses, employment record and lawsuits in which you have been involved. An estimated 50% of all credit reports contain errors, such as accounts that don't belong to you, an incorrect account status or information reported that is older than seven years (ten years in the case of a bankruptcy).

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.

LIQUIDATING PARTNER

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

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.

SETOFF

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a countercl... (more...)
A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a counterclaim filed by a defendant in a lawsuit. Banks may try to exercise a setoff by taking money out of a deposit account to satisfy past due payments on a loan or credit card bill. Such an act is illegal under most circumstances.

UNDUE HARDSHIP

The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in t... (more...)
The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in the future to pay off the loan may be able to show that repayment would be an undue hardship.

CCCS

See Consumer Credit Counseling Service.

NO-FAULT INSURANCE

Car insurance laws that require the insurance companies of each person in an accident to pay for medical bills and lost wages of their insured, up to a certain ... (more...)
Car insurance laws that require the insurance companies of each person in an accident to pay for medical bills and lost wages of their insured, up to a certain amount, regardless of who was at fault. The effect of no-fault insurance laws is to eliminate lawsuits in small accidents. The advantage is the prompt payment of medical bills and expenses. The downsides are that the amounts paid by no-fault policies are often not enough to fully cover a person's losses and that no-fault does not compensate for pain and suffering.

FCRA

See Fair Credit Reporting Act.