Edmond Bankruptcy & Debt Lawyer, Oklahoma, page 2

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Roland V. Combs III
About | Practice Areas
Roland V. Combs III & Associates PLC
4401 NW 4th St Suite 121 Oklahoma City, OK 73107» view map
Bankruptcy & Debt
Over 35 Years Of Experience

The Law Firm of Roland V. Combs III & Associates PLC knows how to ward off relentless debt collectors and get you back on track to a stable financial future.

800-827-4970
1. Roland Combs Oklahoma City, OK
  Attorney at Law - OK, 1985
  University of Oklahoma J.D. 1984
2. AboutRoland V. Combs III & Associates PLC
  Hundreds Counseled & Represented.
3. Practice AreasExpertise
  Bankruptcy & Debt
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Brandon Baker

Corporate, Mediation, Reorganization, Land Use & Zoning

Status: In Good Standing

CONTACT

15 East 15Th Street, Edmond, OK 73083

Mary Ann Travis

Divorce, Bankruptcy & Debt, Bankruptcy & Debt, Divorce

Status: In Good Standing

CONTACT

2524 North Broadway, Edmond, OK 73034

Phillip J Tucker

Real Estate, Federal Appellate Practice, Divorce & Family Law, Bankruptcy & Debt

Status: In Good Standing

CONTACT

Edmond, OK 73083

Debbie L Smith

Juvenile Law, DUI-DWI, Criminal, Bankruptcy

Status: In Good Standing

CONTACT

15712 N Pennsylvania Ave, Edmond, OK 73013

Elizabeth Ross-jones

Estate, Adoption, Elder Law, Bankruptcy & Debt

Status: In Good Standing

CONTACT

1763 W 33Rd St, Edmond, OK 73013

Jonathan B. Austin

Corporate, Reorganization, Trusts, Landlord-Tenant

Status: In Good Standing

CONTACT

15 East 15Th Street, Edmond, OK 73083

Michael D. Mcmahan

Foreclosure, Internet, Administrative Law, Bankruptcy

Status: In Good Standing

CONTACT

1503 E. 19Th St., Edmond, OK 73013

Walter R Gaidaroff

Criminal, Business, Personal Injury, Bankruptcy

Status: In Good Standing

CONTACT

1900 S. Broadway, Edmond, OK 73013

Debbie Lee Smith

Adoption, Criminal, Elder Law, Bankruptcy & Debt

Status: In Good Standing

CONTACT

15712 N Pennsylvania Ave, Edmond, OK 73013

Leonard Ray Maples

Insurance, Workers' Compensation, Bankruptcy & Debt, Trusts

Status: In Good Standing

CONTACT

15401 N May Ave, Edmond, OK 73013

800-923-0641

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LEGAL TERMS

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.

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.

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.

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.

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).

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.

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.

CHAPTER 7 BANKRUPTCY

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 b... (more...)

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 bankruptcy takes from three to six months, costs about $200, and commonly requires only one trip to the courthouse.

DISCHARGE (OF DEBTS)

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

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Edmond Bankruptcy & Debt Lawyer, Oklahoma, page 2

Sponsored Law Firm

Roland V. Combs III & Associates PLC

SPONSORED LAWYERS

Brandon Baker

Mary Ann Travis

Phillip J Tucker

Debbie L Smith

Elizabeth Ross-jones

Jonathan B. Austin

Michael D. Mcmahan

Walter R Gaidaroff

Debbie Lee Smith

Leonard Ray Maples

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LEGAL TERMS

401(K) PLAN

PRESUMED ABUSE

FRATERNAL BENEFIT SOCIETY BENEFITS

NO-FAULT INSURANCE

LIEN

SOLE PROPRIETORSHIP

SUBROGATION

CHAPTER 7 BANKRUPTCY

DISCHARGE (OF DEBTS)

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