Gilroy Bankruptcy & Debt Lawyer, California

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Lauren Pruett
About | Practice Areas
Gale, Angelo, Johnson & Pruett, P.C.
1430 Blue Oaks Blvd Suite 250 Roseville, CA 95747» view map
Bankruptcy & Debt Law
Results Driven Representation

Our mission is to give your real results in multiple practice areas including family law, bankruptcy, and consumer litigation.

800-988-9181
1. Lauren Pruett Roseville, CA
  Attorney at Law- CA, 2015
  McGeorge School of Law, J.D.
2. AboutGale, Angelo, Johnson & Pruett, P.C.
  Effective, Innovative, Results Driven Representation.
3. Practice AreasExpertise
  Bankruptcy & Debt Law
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Sean Hanley

Wills, Trusts, Estate Planning, Bankruptcy

Status: In Good Standing

CONTACT

1091 Lincoln Ave, San Jose, CA 95125

Merrill Eugene Zimmershead

Government, Divorce & Family Law, Bankruptcy & Debt

Status: Inactive Licensed: 47 Years

CONTACT

6500 Princevalle St, Gilroy, CA 95020

Donald J. Melancon

Dispute Resolution, Admiralty & Maritime, Antitrust, Bankruptcy

Status: In Good Standing

CONTACT

8605 Murray Ave, Gilroy, CA 95020

Diane Scanlan Veltkamp

International Tax, Contract, Credit & Debt, Animal Bite

Status: In Good Standing

CONTACT

9559 Estates Dr, Gilroy, CA 95020

Geoffrey Weldon Phillips

Other, Wills, Trusts, Bankruptcy

Status: In Good Standing Licensed: 37 Years

CONTACT

3003 Val Ct, Gilroy, CA 95020

Scott James Nelson

Employee Rights, Employment, Bankruptcy, Malpractice

Status: In Good Standing Licensed: 8 Years

CONTACT

17085 Mimosa Dr, Morgan Hill, CA 95037

Ashley Mchaffie Winn

Health Care, Unfair Competition, Antitrust, Collection

Status: In Good Standing

CONTACT

11 Colina Dr, Watsonville, CA 95076

Patric Jon Kelly

Real Estate, Lawsuit, Business, Credit & Debt

Status: In Good Standing

CONTACT

15990 Jackson Oaks Dr, Morgan Hill, CA 95037

Sylvie Amrane Charles

International Other, Consumer Bankruptcy

Status: In Good Standing Licensed: 12 Years

CONTACT

2820 Mira Bella Cir, Morgan Hill, CA 95037

Robert Hughes Allen

Trusts, Divorce, Contract, Bankruptcy, Malpractice

Status: In Good Standing Licensed: 23 Years

CONTACT

617 E Lake Ave, Watsonville, CA 95076

800-923-0641

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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.

401(K) PLAN

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income ... (more...)

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income taxes on the amount invested and any earnings are due until the employee withdraws money from the fund.

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.

UNSECURED DEBT

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only reme... (more...)

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only remedy is to sue you and get a judgment. Compare secured debt.

TRADE DRESS

The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape... (more...)

The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape of Frangelico liqueur bottles. Trade dress can be protected under trademark law if a showing can be made that the average consumer would likely be confused as to product origin if another product were allowed to appear in similar dress.

COLLECTION AGENCY

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the d... (more...)

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the debt themselves, typically through letters (called 'dunning' letters) and telephone calls. Collection agencies are regulated by the federal Fair Debt Collection Practices Act. Unfortunately, too many collectors ignore this law.

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.

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.

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.

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Gilroy Bankruptcy & Debt Lawyer, California

Sponsored Law Firm

Gale, Angelo, Johnson & Pruett, P.C.

SPONSORED LAWYERS

Sean Hanley

Merrill Eugene Zimmershead

Donald J. Melancon

Diane Scanlan Veltkamp

Geoffrey Weldon Phillips

Scott James Nelson

Ashley Mchaffie Winn

Patric Jon Kelly

Sylvie Amrane Charles

Robert Hughes Allen

TIPS

LEGAL TERMS

LIMITED PARTNERSHIP

401(K) PLAN

S CORPORATION

UNSECURED DEBT

TRADE DRESS

COLLECTION AGENCY

SOLE PROPRIETORSHIP

LIABILITY

LIMITED LIABILITY

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