Ellijay Bankruptcy & Debt Lawyer, Georgia

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W. David Wallace

Adoption, Bankruptcy, Farms, Divorce
Status:  In Good Standing           

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Madonna M Powers

Bankruptcy, Real Estate
Status:  In Good Standing           

Harmon T. Smith

Bankruptcy & Debt, Car Accident
Status:  In Good Standing           Licensed:  58 Years

Jessica Taylor Hagin

Real Estate, Bankruptcy
Status:  In Good Standing           

Bree Kellett Lowry

Divorce, Divorce & Family Law, Bankruptcy & Debt, Accident & Injury
Status:  In Good Standing           Licensed:  10 Years

Karen H. Brouse

Trusts, Family Law, Contract, Bankruptcy
Status:  In Good Standing           Licensed:  22 Years

Karen Brouse

Trusts, Family Law, Contract, Bankruptcy
Status:  In Good Standing           Licensed:  22 Years

Margaret Lynne Wagoner

Real Estate, Sexual Harassment, Divorce, Bankruptcy
Status:  In Good Standing           Licensed:  37 Years

Donna Lynn Harding

Military & Veterans Appeals, Consumer Rights, Property & Casualty, Bankruptcy
Status:  In Good Standing           

Courtney Hogwood

Contract, Litigation, Consumer Bankruptcy, Corporate
Status:  In Good Standing           Licensed:  13 Years

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Free Help: Use This Form or Call 800-943-8690

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Call me for fastest results!
800-943-8690

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Lawyer.com can help you easily and quickly find Ellijay Bankruptcy & Debt Lawyers and Ellijay Bankruptcy & Debt Law Firms. Refine your search by specific Bankruptcy & Debt practice areas such as Bankruptcy, Collection, Credit & Debt, Reorganization and Workout matters.

LEGAL TERMS

CCCS

See Consumer Credit Counseling Service.

LIQUIDATING PARTNER

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

CREDITOR

A person or entity (such as a bank) to whom a debt is owed.

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemp... (more...)
In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemptible because it has been damaged or destroyed.

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.

HOUSEHOLDER

A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a ho... (more...)
A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a homestead exemption and possibly other exemptions relating to the maintenance of the household.

LIMITED PARTNERSHIP

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner ... (more...)
A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner or partners (called general partners) have unlimited personal liability. The key difference between a general and limited partner concerns management decision making--general partners run the business, and limited partners, who are usually passive investors, are not allowed to make day-to-day business decisions. If they do, they risk being treated as general partners with unlimited personal liability.

WORKOUT

A debtor's plan to take care of a debt, by paying it off or through loan forgiveness. Workouts are often created to avoid bankruptcy or foreclosure proceedings.

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).