Glen Oaks Workout Lawyer, New York

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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.
3. Practice AreasExpertise
  Employment
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David Ian Pankin

Workout, Consumer Bankruptcy, Commercial Bankruptcy, Bankruptcy

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48 Willoughby St, MetroTech, Brooklyn, NY 11201

Sean Parlakian

Bankruptcy & Debt, Collection, Credit & Debt, Workout

Status: Licensed: 19 Years

FREE CONSULTATION

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138 East Park Avenue, Long Beach, NY 11561

Michael E. Wiles

Litigation, Workout

Status: Licensed: 46 Years

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919 3Rd Ave, New York, NY 10022

Rosalie Walker Walker Gray

Business Organization, Workout

Status: Licensed: 39 Years

CONTACT

885 3Rd Ave, New York, NY 10022

Scott L. Hazan

Litigation, Trusts, Workout, Credit & Debt

Status:

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780 3Rd Ave, New York, NY 10017

Richard Hunter Engman

Reorganization, Credit & Debt, Workout

Status: Licensed: 28 Years

CONTACT

222 E 41st St, New York, NY 10017

Michael J. Rishty

Real Estate, Joint Ventures, Merger & Acquisition, Workout

Status: Licensed: 23 Years

CONTACT

200 Park Ave, New York, NY 10166

Ronald Joseph Silverman

Litigation, International, Workout, Commercial Bankruptcy, Car Accident

Status: Licensed: 33 Years

CONTACT

390 Madison Ave, New York, NY 10017

Margot Beth Schonholtz

Litigation, Disability, Workout, Commercial Bankruptcy

Status: Licensed: 45 Years

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1290 Avenue Of The Americas, New York, NY 10104

John F. Bricker

Banking & Finance, Workout

Status: Licensed: 44 Years

CONTACT

1114 Avenue Of The Americas, New York, NY 10036

800-923-0641

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LEGAL TERMS

INFRINGEMENT (OF TRADEMARK)

Unauthorized use of a protected trademark or service mark, or use of something very similar to a protected mark. The success of a lawsuit to stop the infringeme... (more...)

Unauthorized use of a protected trademark or service mark, or use of something very similar to a protected mark. The success of a lawsuit to stop the infringement turns on whether the defendant's use causes a likelihood of confusion in the average consumer. If a court determines that the average consumer would be confused, the owner of the original mark can prevent the other's use of the infringing mark and sometimes collect damages.

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.

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.

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.

ABUSE

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because ... (more...)

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because the debtor appears to have enough disposable income to fund a Chapter 13 repayment plan.

FAIR CREDIT REPORTING ACT (FCRA)

A federal law that is designed to prevent inaccurate or obsolete information from entering or remaining in a credit report. The law requires credit bureaus to a... (more...)

A federal law that is designed to prevent inaccurate or obsolete information from entering or remaining in a credit report. The law requires credit bureaus to adopt reasonable procedures for gathering, maintaining and disseminating information and bars credit bureaus from reporting negative information that is older than seven years, except a bankruptcy, which may be reported for ten. If you notify a credit bureau of an error in your credit report, the FCRA requires the bureau to investigate your allegations within 30 days, review all information you provide, remove inaccurate and unverified information and adopt procedures to keep the information from reappearing. In addition, the law requires that creditors refrain from reporting incorrect information to credit bureaus.

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.

DISCHARGEABLE DEBTS

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bill... (more...)

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bills and medical bills. Compare nondischargeable debts.

GENERAL PARTNER

A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners), is personally liable for all the... (more...)

A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners), is personally liable for all the business's debts and obligations. A general partner's actions can legally bind the entire business. See also partnership, limited partnership.

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Glen Oaks Workout Lawyer, New York

Sponsored Law Firm

Henry Law

SPONSORED LAWYERS

David Ian Pankin

Sean Parlakian

Michael E. Wiles

Rosalie Walker Walker Gray

Scott L. Hazan

Richard Hunter Engman

Michael J. Rishty

Ronald Joseph Silverman

Margot Beth Schonholtz

John F. Bricker

TIPS

LEGAL TERMS

INFRINGEMENT (OF TRADEMARK)

LIMITED PARTNERSHIP

S CORPORATION

TRUTH IN LENDING ACT (TILA)

ABUSE

FAIR CREDIT REPORTING ACT (FCRA)

LIABILITY

DISCHARGEABLE DEBTS

GENERAL PARTNER

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