Dexter Bankruptcy & Debt Lawyer, Georgia, page 2

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Blake Edwin Lisenby

Real Estate, Litigation, Business, Bankruptcy
Status:  In Good Standing           

Bradley G. Pyles

Estate Planning, Employment Discrimination, Americans with Disabilities Act , Collection
Status:  In Good Standing           Licensed:  31 Years

Brown Wimberly Dennis

Workers' Compensation, Divorce, Bankruptcy, Personal Injury
Status:  In Good Standing           Licensed:  34 Years

Bruce H Chase

Traffic, Immigration, Medicare & Medicaid, Criminal, Bankruptcy
Status:  In Good Standing           Licensed:  31 Years

Calvin Leland Jackson

Federal Appellate Practice, Bankruptcy & Debt
Status:  In Good Standing           Licensed:  28 Years

Camille Hope

Bankruptcy, Bankruptcy & Debt
Status:  In Good Standing           Licensed:  48 Years

Carmel W. Sanders

Mediation, Divorce & Family Law, Criminal, Identity Theft, Credit & Debt
Status:  In Good Standing           

Christina Mcmahon Curreli

Lawsuit & Dispute, Workers' Compensation, Bankruptcy, Personal Injury
Status:  In Good Standing           Licensed:  9 Years

Clifford Alva Phillip Carlson

Divorce, Consumer Bankruptcy, Personal Injury, Accident & Injury
Status:  In Good Standing           Licensed:  13 Years

Clifford Alva Carlson

Corporate, Consumer Bankruptcy, Bankruptcy & Debt, Personal Injury, Accident & Injury
Status:  In Good Standing           Licensed:  13 Years

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LEGAL TERMS

UNSECURED DEBT

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only reme... (more...)
A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only remedy is to sue you and get a judgment. Compare secured debt.

COLLATERAL

Property that guarantees payment of a secured debt.

LIQUIDATING PARTNER

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

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

A national non-profit agency that, at no cost, helps debtors plan budgets and repay their debts. One major criticism of CCCS is that each office is primarily fu... (more...)
A national non-profit agency that, at no cost, helps debtors plan budgets and repay their debts. One major criticism of CCCS is that each office is primarily funded by voluntary donations from the creditors that receive payments from debtors repaying their debts through that office. Despite this criticism, most CCCS counselors provide clients with thorough and neutral advice.

DISPOSABLE INCOME

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Ch... (more...)
The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Chapter 13 plan.

REPOSSESSION

A creditor's taking property that has been pledged as collateral for a loan. Lenders will most often repossess cars when the owner has missed loan payments and ... (more...)
A creditor's taking property that has been pledged as collateral for a loan. Lenders will most often repossess cars when the owner has missed loan payments and has not attempted to work with the lender to resolve the problem. A repossessor can't use force to get at your car, but he can legally hot-wire it and even drive it out of your unlocked garage.

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.

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.

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.