East Elmhurst Bankruptcy & Debt Lawyer, New York, page 5

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Chauncey Henry
About | Practice Areas
Henry Law
825 E Gate Blvd Suite 106 Garden City, NY 11530» view map
Employment, Bankruptcy, Criminal, FMLA, Civil
The Difference.

We practice in an array of practice areas, and employ modern technology in helping you achieve your legal objectives.

800-974-2431
1. Chauncey Henry Garden City, NY
  Attorney at Law- NY
  Southern University Law Center, J.D. 2011
2. AboutHenry Law
  The Difference.
3. Practice AreasExpertise
  Employment
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Allison R. Liff

Industry Specialties, Banking & Finance, Business, Bankruptcy & Debt

Status: In Good Standing Licensed: 24 Years

CONTACT

601 Lexington Ave, New York, NY 10022

Amanda Jill Segal

Industry Specialties, Banking & Finance, Business, Bankruptcy & Debt

Status: In Good Standing Licensed: 20 Years

CONTACT

575 Madison Ave, New York, NY 10022

Amelia Temple Redwood Starr

Litigation, Lawsuit & Dispute, Business, Bankruptcy & Debt

Status: In Good Standing Licensed: 30 Years

CONTACT

450 Lexington Ave, New York, NY 10017

Amy Therese Beller

Energy, Banking & Finance, Business, Bankruptcy & Debt

Status: In Good Standing Licensed: 28 Years

CONTACT

425 Lexington Ave, New York, NY 10017

Anatoliy Rozental

Litigation, Government, Bankruptcy & Debt

Status: In Good Standing Licensed: 11 Years

CONTACT

599 Lexington Ave, New York, NY 10022

Andrea Gail Hirsch

Military & Veterans Appeals, Federal Appellate Practice, Criminal, Collection

Status: In Good Standing Licensed: 44 Years

CONTACT

110 E 59Th St, New York, NY 10022

Andrea G. Hood

Lawsuit & Dispute, Business, Bankruptcy & Debt

Status: In Good Standing Licensed: 18 Years

CONTACT

575 5Th Ave, New York, NY 10017

Andrea Pincus

Bankruptcy & Debt

Status: In Good Standing Licensed: 33 Years

CONTACT

45 E 53Rd St, New York, NY 10022

Andrea Cristina Saavedra

Business, Bankruptcy & Debt

Status: In Good Standing Licensed: 18 Years

CONTACT

1125 Amsterdam Ave, New York, NY 10025

Andrew James Trubin

International, Business, Bankruptcy & Debt

Status: In Good Standing Licensed: 45 Years

CONTACT

390 Madison Ave, New York, NY 10017

800-923-0641

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LEGAL TERMS

NUISANCE FEES

Money charged by some credit card companies to increase their profits when you fail to use the card the way the creditor wants. Examples include late payment fe... (more...)

Money charged by some credit card companies to increase their profits when you fail to use the card the way the creditor wants. Examples include late payment fees, inactivity fees and fees for not carrying a balance from month to month. It's best to shop around and get rid of cards that have these fees attached.

COLLATERAL

Property that guarantees payment of a secured debt.

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.

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 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.

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.

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.

MEANS TEST

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income ... (more...)

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income for his or her state should be allowed to file for Chapter 7 bankruptcy.

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.

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East Elmhurst Bankruptcy & Debt Lawyer, New York, page 5

Sponsored Law Firm

Henry Law

SPONSORED LAWYERS

Allison R. Liff

Amanda Jill Segal

Amelia Temple Redwood Starr

Amy Therese Beller

Anatoliy Rozental

Andrea Gail Hirsch

Andrea G. Hood

Andrea Pincus

Andrea Cristina Saavedra

Andrew James Trubin

TIPS

LEGAL TERMS

NUISANCE FEES

COLLATERAL

LIABILITY

UNDUE HARDSHIP

FAIR DEBT COLLECTIONS & PRACTICES ACT (FDCPA)

S CORPORATION

CHAPTER 13 BANKRUPTCY

MEANS TEST

UNSECURED DEBT

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