Fresh Meadows Bankruptcy & Debt Lawyer, New York, page 2

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Chauncey Henry
About | Practice Areas
Henry Law
825 E Gate Blvd Suite 106 Garden City, NY 11530» view map
Employment, Bankruptcy, Criminal, FMLA, Civil
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800-974-2431
1. Chauncey Henry Garden City, NY
  Attorney at Law- NY
  Southern University Law Center, J.D. 2011
2. AboutHenry Law
  The Difference.
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  Employment
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Allan R. Bloomfield

Divorce, Consumer Protection, Bankruptcy

Status: In Good Standing Licensed: 49 Years

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11821 Queens Blvd, Forest Hills, NY 11375

Rafael Ariel Poltielov

Foreclosure, Wills & Probate, Business, Bankruptcy

Status: In Good Standing

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11821 Queens Blvd, Forest Hills, NY 11375

Kevin Dean Ribakove

Estate, Real Estate, Bankruptcy & Debt, Health Care, Power of Attorney

Status: In Good Standing Licensed: 48 Years

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10719 71St Ave, Forest Hills, NY 11375

Jason Paul Sackoor

Real Estate, Foreclosure, Bankruptcy & Debt

Status: In Good Standing

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19-02 Whitestone Expressway, Whitestone, NY 11357

Bruce Feinstein

Real Estate, Family Law, Divorce & Family Law, Bankruptcy

Status: In Good Standing

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86-66 110th St., Richmond Hill, NY 11418

Stephan B. Gleich

Litigation, Corporate, Contract, Bankruptcy & Debt

Status: In Good Standing Licensed: 51 Years

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36 South Station Plaza, Great Neck, NY 11021

Ira S. Newman

Sexual Harassment, Elder Law, Banking & Finance, Credit & Debt

Status: In Good Standing

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20 Devon Rd, Great Neck, NY 11023

Steven Ben Gordon

Family Law, Divorce, Business & Trade, Bankruptcy

Status: In Good Standing

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6143 186Th St, Fresh Meadows, NY 11365

Sunjae Lee

Foreclosure, Immigration, Divorce & Family Law, Bankruptcy & Debt

Status: In Good Standing Licensed: 10 Years

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16310 Northern Blvd, Flushing, NY 11358

Martin Caling Chow

Real Estate, Litigation, Lawsuit & Dispute, Commercial Bankruptcy

Status: In Good Standing Licensed: 29 Years

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41-07 162nd St, Flushing, NY 11358

800-923-0641

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LEGAL TERMS

PREFERENCE

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commer... (more...)

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commercial creditors) and within one year for insider creditors (friends, family members, and business associates). Because a preference gives the creditor who received the payment an edge over other creditors in the bankruptcy case, the trustee can recover the preference (the amount of the payment) and distribute it among all of the creditors.

CREDIT COUNSELING

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Unde... (more...)

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Under the new bankruptcy law, a debtor must undergo credit counseling with an approved provider before filing for bankruptcy.

LIABILITY

(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pi... (more...)

(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pipe bursts the day after Paul installs it, ruining the bathroom floor. This raises the issue of liability: Who is responsible for the damage? Peri claims that Paul is responsible, and sues him for the cost of hiring another plumber to fix the pipe and replacing the floor. Paul, in turn, claims that the pipe manufacturer is responsible, because they supplied him with faulty materials. Both Peri and Paul must prove their claims in court; if Paul and/or the manufacturer is found liable, one or both will have to pay damages to Peri. (2) Something for which a person is liable. For example, a debt is often called a liability.

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.

BANKRUPTCY

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are ... (more...)

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are two types of bankruptcies -- liquidation, in which your debts are wiped out (discharged) and reorganization, in which you provide the court with a plan for how you intend to repay your debts. For both consumers and business, liquidation bankruptcy is called Chapter 7. For consumers, reorganization bankruptcy is called Chapter 13. Reorganization bankruptcy for consumers with an extraordinary amount of debt and for businesses is called Chapter 11. Reorganization bankruptcy for family farmers is called Chapter 12.

DOING BUSINESS AS (DBA)

A situation in which a business owner operates a company under a name different from his or her real name. The owner must file a 'fictitious name statement' or ... (more...)

A situation in which a business owner operates a company under a name different from his or her real name. The owner must file a 'fictitious name statement' or similar document with the appropriate agency -- for example, the county clerk. This enables consumers to discover the names of the business owners, which is important if a consumer needs to sue the business.

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.

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.

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Fresh Meadows Bankruptcy & Debt Lawyer, New York, page 2

Sponsored Law Firm

Henry Law

SPONSORED LAWYERS

Allan R. Bloomfield

Rafael Ariel Poltielov

Kevin Dean Ribakove

Jason Paul Sackoor

Bruce Feinstein

Stephan B. Gleich

Ira S. Newman

Steven Ben Gordon

Sunjae Lee

Martin Caling Chow

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LEGAL TERMS

PREFERENCE

CREDIT COUNSELING

LIABILITY

REDEMPTION

BANKRUPTCY

DOING BUSINESS AS (DBA)

SUBROGATION

COLLATERAL

DEFINED CONTRIBUTION PLAN

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