Foresthill Bankruptcy Lawyer, California

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Includes: Bankruptcy Litigation, Commercial Bankruptcy, Consumer Bankruptcy, Dissolution

Scott Matthew Johnson Lawyer

Scott Matthew Johnson

VERIFIED
Bankruptcy & Debt, Bankruptcy, Consumer Bankruptcy, Credit & Debt, Collection

Scott Johnson proudly serves Roseville, CA and Sacramento, CA in Bankruptcy and Consumer Litigation.

FREE CONSULTATION 

CONTACT

800-988-9181

Joseph B Angelo Lawyer

Joseph B Angelo

VERIFIED
Bankruptcy & Debt, Bankruptcy, Bankruptcy Litigation, Consumer Bankruptcy

Joseph Angelo proudly serves the Bay Area including San Francisco, Contra Costa and Alameda Counties in Bankruptcy.

FREE CONSULTATION 

CONTACT

800-827-7691

Elliot W Gale Lawyer

Elliot W Gale

VERIFIED
Bankruptcy & Debt, Bankruptcy, Consumer Bankruptcy, Bankruptcy Litigation, Credit & Debt

Hi! I'm Elliot W. Gale, I am a managing partner at Gale, Angelo, Johnson & Patrick, P.C. I graduated Magna Cum Laude from the University of Florida in... (more)

FREE CONSULTATION 

CONTACT

800-956-5160

Stephen Johnson

Bankruptcy, Bankruptcy & Debt
Status:  In Good Standing           

FREE CONSULTATION 

CONTACT

Brandon S. Johnston

Bankruptcy, Commercial Bankruptcy
Status:  In Good Standing           

FREE CONSULTATION 

CONTACT

Gary Greule

Bankruptcy, Bankruptcy & Debt
Status:  In Good Standing           

James F. Bunnell

International Tax, Bankruptcy
Status:  Inactive           

George Larry Engel

Estate Planning, Bankruptcy, Business, Trusts, Wills
Status:  In Good Standing           Licensed:  52 Years

Tex Ritter

Health Care Other, Family Law, Elder Law, Bankruptcy
Status:  In Good Standing           Licensed:  38 Years

Debra Ann Sitzberger

Land Use & Zoning, Federal, Business & Trade, Commercial Bankruptcy
Status:  In Good Standing           

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

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LEGAL TERMS

CREDITOR

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

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.

LIMITED LIABILITY

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or ... (more...)
The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or a person who invests in a corporation (a shareholder) generally stands to lose only the amount of money invested in the business. This means that if the business folds, creditors cannot seize or sell an owner's home, car, or other personal assets.

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.

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.

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.

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.

LIQUIDATING PARTNER

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

TRUTH IN LENDING ACT (TILA)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disc... (more...)
A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disclose the terms of a loan, including the total amount of the loan, the annual interest rate and the number, amount and due dates of all payments necessary to repay the loan. The TILA requires additional disclosures and places many restrictions on mortgages.

SAMPLE LEGAL CASES

Jaffe v. Pacelli

... ALDRICH, J. I. INTRODUCTION. In this case, the superior court entered a judgment against a debtor, Zenaida C. Pacelli (Pacelli), that included an award of attorney fees. Years later, Pacelli sought to discharge the debt in bankruptcy court. ... 2. The bankruptcy proceedings. ...

Imperial Merchant Services, Inc. v. Hunt

... section 3287, for a total of $179.41. 385 Hunt filed a voluntary petition for bankruptcy in the United States Bankruptcy Court for the Northern District of California (the bankruptcy action). Shortly thereafter, Hunt filed a putative ...

Aceves v. US BANK NA

... deed of trust on her residence. About two years into the loan, she could not afford the monthly payments and filed for bankruptcy under chapter 7 of the Bankruptcy Code (11 USC §§ 701-784). She intended to convert the chapter ...