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Feasterville Trevose Bankruptcy & Debt Lawyer, Pennsylvania


Eric S. Nash Lawyer

Eric S. Nash

VERIFIED
Accident & Injury, Workers' Compensation, Bankruptcy & Debt, Health Care, Domestic Violence & Neglect

I have always been a lawyer who prided myself on the “service” aspect of my profession! Perhaps it’s from my humble upbringing in Northeast Phil... (more)

Michael P Kelly Lawyer

Michael P Kelly

VERIFIED
Bankruptcy & Debt, Accident & Injury, Estate, Real Estate, Wills & Probate

Michael P. Kelly has been a resident of Bucks County all of his life except for the three years that he attended the University of Baltimore School of... (more)

Joshua Z. Goldblum

Bankruptcy, Child Support, Consumer Bankruptcy, Farms, Workout
Status:  In Good Standing           

FREE CONSULTATION 

CONTACT

Michael S. Schwartz

Banking & Finance, Bankruptcy, Corporate, Contract, Credit & Debt
Status:  In Good Standing           

FREE CONSULTATION 

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Kenneth G. Harrison

Bankruptcy, Business Organization, Child Support, Collection, Farms
Status:  In Good Standing           

FREE CONSULTATION 

CONTACT

Stanton M. Lacks

Bankruptcy, Collection, Criminal, DUI-DWI, Credit & Debt
Status:  In Good Standing           

Mike Schwartz

Bankruptcy & Debt, Bankruptcy, Foreclosure, Estate, Wills & Probate
Status:  In Good Standing           

FREE CONSULTATION 

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Paul Young

Social Security, Criminal, DUI-DWI, Bankruptcy & Debt, Accident & Injury

FREE CONSULTATION 

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Paul Gregory Lang

Criminal, Bankruptcy & Debt
Status:  In Good Standing           Licensed:  10 Years

Michael Patrick Derose

Contract, Landlord-Tenant, Collection, Personal Injury
Status:  In Good Standing           

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Lawyer.com can help you easily and quickly find Feasterville Trevose Bankruptcy & Debt Lawyers and Feasterville Trevose 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

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.

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.

SECURED DEBT

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collater... (more...)
A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collateral, to satisfy the debt if you default. Compare unsecured debt.

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.

NONEXEMPT PROPERTY

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typicall... (more...)
The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typically includes valuable clothing (furs) and electronic equipment, an expensive car that's been paid off and most of the equity in your house. Compare exempt property.

MEETING OF CREDITORS

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a f... (more...)
A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a few questions. In a Chapter 7, the meeting of creditors lasts a few minutes and rarely do any creditors show up. In a Chapter 13 bankruptcy, one or two creditors may attend, especially if they disagree with some provision of your repayment plan.

PRIORITY DEBT

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13... (more...)
A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13 bankruptcy. Priority debts include alimony and child support, fees owed to the trustee and the attorney in the bankruptcy case, and wages owed to employees.

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.