Davidson County, TN Bankruptcy & Debt Lawyers

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Susan Lafferty
About | Practice Areas
Lafferty Law Firm, P.C.
1321 Murfreesboro Pike Suite 521 Nashville, TN 37217» view map
Bankruptcy & Debt
Over 30 Years Of Experience

Susan S. Lafferty is a CPA and Attorney who enjoys helping people with financial problems. She is located in Nashville, TN where she has lived for over 30 years.

800-936-9071
1. Susan Lafferty Nashville, TN
  Attorney at Law - TN, 2007
  Nashville School of Law J.D. 2006
2. AboutLafferty Law Firm, P.C.
  Over 30 Years Of Experience
3. Practice AreasExpertise
  Bankruptcy & Debt
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Mary Beth Ausbrooks

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Bankruptcy & Debt, Consumer Bankruptcy

Board Certified Specialist in Consumer Bankruptcy

For more than three decades, the bankruptcy attorneys at Rothschild & Ausbrooks, PLLC, in Nashville, Tennessee, have been devoted to helping individua... (more)

FREE CONSULTATION

CONTACT

800-966-8531

110 Glancy St., Goodlettsville, TN 37072

Ben M. Rose

Business Organization, Collection, Consumer Protection, Contract

Status: In Good Standing

CONTACT

511 Union Street, Nashville, TN 37219

Michael B. Schwegler

Personal Injury, Litigation, Criminal, Bankruptcy & Debt

Status: In Good Standing

CONTACT

Nashville, TN 37215

Robert L Scruggs

Foreclosure, Corporate, Business Organization, Bankruptcy

Status: In Good Standing

FREE CONSULTATION

CONTACT

2525 21St Avenue South, Nashville, TN 37212

Siew-Ling Shea

Farms, Alimony & Spousal Support, Child Support, Collection

Status: In Good Standing

FREE CONSULTATION

CONTACT

The Wind In The Willows Mansion, 2205 State Street, Nashville, TN 37203

Adam Lafevor

Litigation, Federal Appellate Practice, Wills & Probate, Credit & Debt

Status: In Good Standing Licensed: 13 Years

CONTACT

513 3Rd Ave South, Nashville, TN 37210

Barbara Dale Holmes

Federal Appellate Practice, Juvenile Law, Bankruptcy, Professional Responsibility

Status: In Good Standing

CONTACT

801 Broadway, Nashville, TN 37203

C. Bennett Harrison

Dispute Resolution, Intellectual Property, Entertainment, Commercial Bankruptcy

Status: In Good Standing Licensed: 48 Years

CONTACT

511 Union St, Nashville, TN 37219

C. Tucker Herndon

Transportation & Shipping, Wills & Probate, Business, Credit & Debt

Status: In Good Standing

CONTACT

222 2Nd Ave South, Nashville, TN 37201

Charles Ward Faquin

Bankruptcy & Debt, Litigation, Guardianships & Conservatorships, Social Security

Status: Suspended Licensed: 16 Years

CONTACT

609 N 9Th St, Nashville, TN 37206

800-923-0641

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LEGAL TERMS

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.

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.

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.

PREFERENCE

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commer... (more...)

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commercial creditors) and within one year for insider creditors (friends, family members, and business associates). Because a preference gives the creditor who received the payment an edge over other creditors in the bankruptcy case, the trustee can recover the preference (the amount of the payment) and distribute it among all of the creditors.

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.

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.

FAIR CREDIT BILLING ACT (FCBA)

A federal law that gives you rights when an error occurs on your credit card statement. You must notify the credit card company of the mistake within 60 days af... (more...)

A federal law that gives you rights when an error occurs on your credit card statement. You must notify the credit card company of the mistake within 60 days after it mailed the bill to you. The company must then correct the mistake, or at least acknowledge receipt of your letter within 30 days, and must correct the error within 90 days or explain why it believes the credit card statement is correct.

LIEN

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortg... (more...)

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortgages, home equity loans, car loans and personal loans for which you pledge property to guarantee repayment. Liens created without your consent are called nonconsensual liens, and include judgment liens (liens filed by a creditor who has sued you and obtained a judgment), tax liens and mechanics liens (liens filed by a contractor who worked on your house but wasn't paid).

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.

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Davidson County, TN Bankruptcy & Debt Lawyers

Sponsored Law Firm

Lafferty Law Firm, P.C.

SPONSORED LAWYERS

Mary Beth Ausbrooks

Ben M. Rose

Michael B. Schwegler

Robert L Scruggs

Siew-Ling Shea

Adam Lafevor

Barbara Dale Holmes

C. Bennett Harrison

C. Tucker Herndon

Charles Ward Faquin

TIPS

LEGAL TERMS

SETOFF

BULK SALES LAW

FRATERNAL BENEFIT SOCIETY BENEFITS

PREFERENCE

SUBROGATION

UNDUE HARDSHIP

FAIR CREDIT BILLING ACT (FCBA)

LIEN

ACCORD AND SATISFACTION

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