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Philip Jones
About | Practice Areas
Jones & Cohen, LLC
1125 West Street Suite 200 Annapolis, MD 21401» view map
Bankruptcy & Debt
Dedicated to Serving

Philip Clark Jones concentrates in the representation of construction, bankruptcy preference defense, and litigation.

800-906-9350
1. Philip Jones Annapolis, MD
  Attorney at Law- MD, 1974
  The George Washington University Law School, J.D. 1974
2. AboutJones & Cohen, LLC
  Dedicated to Serving
3. Practice AreasExpertise
  Bankruptcy & Debt
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Donald S. Goldbloom

✓ VERIFIED

Divorce & Family Law, Traffic, Bankruptcy & Debt, Accident & Injury, Estate

Donald S. Goldbloom has been practicing law in the Grantsville area since 1996. Formerly, he worked as an attorney in both Baltimore and Cumberland, ... (more)

FREE CONSULTATION

CONTACT

301-895-5240

12590 National Pike, Grantsville, MD 21536

Maria Christina Borromeo Gonzaga

Lawsuit & Dispute, Criminal, Commercial Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 23 Years

CONTACT

957 National Hwy, Cumberland, MD 21502

Marcia R Conrad

Public Interest Law, Family Law, Consumer Rights, Consumer Bankruptcy

Status: In Good Standing Licensed: 41 Years

CONTACT

110 Greene Street, Cumberland, MD 21502

Edward Michael Delaney

International, Estate, Commercial Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 10 Years

CONTACT

29 Prospect Sq, Cumberland, MD 21502

Michael Scott Cohen

Art, Industry Specialties, Family Law, Commercial Bankruptcy

Status: In Good Standing Licensed: 29 Years

CONTACT

213 Washington St, Cumberland, MD 21502

Stephen Dean Claussen

Consumer Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 22 Years

CONTACT

110 Greene St, Cumberland, MD 21502

Kristen Michelle Bender

Personal Injury, Bankruptcy & Debt, Divorce, Child Custody

Status: In Good Standing Licensed: 9 Years

CONTACT

29 Prospect Square, Cumberland, MD 21502

Glenn J. Robinette

Real Estate, Insurance, Collection, Wills & Probate

Status: In Good Standing

CONTACT

8 Greene St, Cumberland, MD 21502

Raymond F Weston

Commercial Bankruptcy, Criminal, Family Law

Status: In Good Standing Licensed: 29 Years

CONTACT

323 Paca St, Cumberland, MD 21502

800-923-0641

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LEGAL TERMS

NONEXEMPT PROPERTY

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typicall... (more...)

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typically includes valuable clothing (furs) and electronic equipment, an expensive car that's been paid off and most of the equity in your house. Compare exempt property.

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.

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.

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.

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.

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.

TOXIC TORT

A personal injury caused by exposure to a toxic substance, such as asbestos or hazardous waste. Victims can sue for medical expenses, lost wages and pain and su... (more...)

A personal injury caused by exposure to a toxic substance, such as asbestos or hazardous waste. Victims can sue for medical expenses, lost wages and pain and suffering.

CCCS

See Consumer Credit Counseling Service.

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.

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Grantsville Bankruptcy & Debt Lawyer, Maryland

Sponsored Law Firm

Jones & Cohen, LLC

SPONSORED LAWYERS

Donald S. Goldbloom

Maria Christina Borromeo Gonzaga

Marcia R Conrad

Edward Michael Delaney

Michael Scott Cohen

Stephen Dean Claussen

Kristen Michelle Bender

Glenn J. Robinette

Raymond F Weston

TIPS

LEGAL TERMS

NONEXEMPT PROPERTY

S CORPORATION

LIMITED LIABILITY

401(K) PLAN

CREDIT COUNSELING

BULK SALES LAW

TOXIC TORT

CCCS

DOING BUSINESS AS (DBA)

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