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Ethan Chin
About | Practice Areas
Ethan Chin Law
2400 East Katella Ave. Suite 800 Anaheim, CA 92806» view map
Bankruptcy & Debt
Passion. Dedication. Care.

We strive our best to provide efficient legal services at low cost so that families can worry less and take their first steps finding a solution to their issues.

800-908-6270
1. Ethan Chin Anaheim, CA
  Attorney at Law - CA, 2011
  University of San Diego J.D. 2011
2. AboutEthan Chin Law
  Advocating For Families
3. Practice AreasExpertise
  Bankruptcy & Debt
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Ricky Lee Vondrak

Litigation, Business & Trade, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 47 Years

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12277 Apple Valley Rd, Apple Valley, CA 92308

Julius Menchavez Cruz

Criminal, Insurance, Credit & Debt, Property Damage

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1315 Truxtun Ave, Bakersfield, CA 93301

Tom Swoboda

Bankruptcy & Debt

Status: In Good Standing Licensed: 16 Years

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42166 Us Highway, Big Bear Lake, CA 92315

Kenneth Dale Sisco

Contract, Bankruptcy, Legal Malpractice

Status: In Good Standing Licensed: 48 Years

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Crestline, CA 92325

Lissette C Blandino

Trusts, Estate, Collection, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 14 Years

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17096 Sequoia Ave, Hesperia, CA 92345

Erik Charles Fritz

Contract, Bankruptcy, Litigation, Civil Rights

Status: In Good Standing Licensed: 16 Years

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28260 Summertrail Pl, Highland, CA 92346

Erik Charles Fritz

Contract, Bankruptcy, Litigation, Civil Rights

Status: In Good Standing Licensed: 16 Years

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28260 Summertrail Pl, Highland, CA 92346

Michael Patrick Caruso

Family Law, Insurance, Bankruptcy, Personal Injury

Status: In Good Standing

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Lake Arrowhead, CA 92352

Robert William Morris

Real Estate, Lawsuit & Dispute, Business, Bankruptcy & Debt

Status: In Good Standing Licensed: 32 Years

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Lake Arrowhead, CA 92352

Jayne Terry Kaplan

Banking & Finance, Business, Credit & Debt, Bankruptcy

Status: In Good Standing Licensed: 48 Years

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6139 Outlook Ave, Los Angeles, CA 90042

800-923-0641

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LEGAL TERMS

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.

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.

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.

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.

COLLATERAL

Property that guarantees payment of a secured debt.

DEFINED CONTRIBUTION PLAN

A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount ... (more...)

A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount every month, or every year, for each employee. The employer usually pays a fixed percentage of an employee's wages or salary, although sometimes the amount is a fraction of the company's profits, with the size of each employee's pension share depending on the amount of wage or salary. Upon retirement, each employee's pension is determined by how much was contributed to the fund on behalf of that employee over the years, plus whatever earnings that money has accumulated as part of the investments of the entire pension fund.

GRACE PERIOD

A period of time during which you are not required to make payments on a debt. For example, most credit cards give you a grace period of 20-30 days before you h... (more...)

A period of time during which you are not required to make payments on a debt. For example, most credit cards give you a grace period of 20-30 days before you have to pay interest on the amount of your purchases. Cash advances, however, usually have no grace period; interest begins to accumulate from the date of the withdrawal, even if you pay your bills on time. Also, some student loans give you a grace period after graduating or dropping out of school. During this time, you are not required to make payments on your loan.

NONDISCHARGEABLE DEBTS

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chap... (more...)

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chapter 13 bankruptcy, the nondischargeable debts will have to be paid in full during your plan or you will have a balance at the end of your case. Examples of nondischargeable debts include alimony and child support, most income tax debts, many student loans and debts for personal injury or death caused by drunk driving. Compare dischargeable debts.

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.

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Fawnskin Bankruptcy & Debt Lawyer, California

Sponsored Law Firm

Ethan Chin Law

SPONSORED LAWYERS

Ricky Lee Vondrak

Julius Menchavez Cruz

Tom Swoboda

Kenneth Dale Sisco

Lissette C Blandino

Erik Charles Fritz

Erik Charles Fritz

Michael Patrick Caruso

Robert William Morris

Jayne Terry Kaplan

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LEGAL TERMS

DISPOSABLE INCOME

WORKOUT

S CORPORATION

GENERAL PARTNER

COLLATERAL

DEFINED CONTRIBUTION PLAN

GRACE PERIOD

NONDISCHARGEABLE DEBTS

SETOFF

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