Fort Myers Reorganization Lawyer, Florida, page 3

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Barbara M Ballard

Commercial Real Estate, Estate Planning, Family Law, Credit & Debt
Status:  In Good Standing           Licensed:  13 Years

Peter Leonard Borowitz

Bankruptcy & Debt
Status:  In Good Standing           Licensed:  46 Years

Harry Jay Klausner

Divorce & Family Law, Bankruptcy & Debt, Estate, Motor Vehicle, Contract
Status:  In Good Standing           Licensed:  32 Years

Dennis J. Bessey

Real Estate, Estate, Business, Consumer Bankruptcy
Status:  In Good Standing           Licensed:  25 Years

Dennis Bessey

Real Estate, Estate, Business, Consumer Bankruptcy
Status:  In Good Standing           Licensed:  25 Years

Robert R. Ries

Litigation, Business & Trade, Commercial Bankruptcy
Status:  Inactive           Licensed:  40 Years

Tiffany Lenae Peyroux

Landlord-Tenant, Estate, Divorce & Family Law, Bankruptcy
Status:  In Good Standing           Licensed:  10 Years

Susan Lorene Ray

Real Estate, Divorce & Family Law, Bankruptcy & Debt, Business
Status:  In Good Standing           

Robert B Burandt

Power of Attorney, Construction, Corporate, Credit & Debt, Accident & Injury
Status:  In Good Standing           Licensed:  40 Years

Thomas H. Brown

Elder Law, Banking & Finance, Credit & Debt, Personal Injury
Status:  In Good Standing           

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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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By submitting this lawyer request, I confirm I have read and agree to the Consent to Receive Messages from all messaging and voice technologies including Email, Text, Phone, Terms of Use, and Privacy Policy. Information provided is not privileged or confidential.

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LEGAL TERMS

REDEMPTION

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump s... (more...)
In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump sum. For example, a debtor may redeem a car note by paying the lender the amount a retail vendor would charge for the car, considering its age and condition.

COLLATERAL

Property that guarantees payment of a secured debt.

TRADE NAME

The official name of a business, the one it uses on its letterhead and bank account when not dealing with consumers.

FCRA

See Fair Credit Reporting Act.

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.

DISCHARGE (OF DEBTS)

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

IRS EXPENSES

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income mu... (more...)
A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income must use the IRS expenses to calculate their average net income in a Chapter 7 case, or their disposable income in a Chapter 13 case.

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.

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.