Hackett Reorganization Lawyer, Arkansas


J Gregory Magness

Banking & Finance, Corporate, Workers' Compensation, Bankruptcy
Status:  In Good Standing           

Stephanie Irby Randall

Medical Malpractice, Corporate, Bankruptcy, Litigation
Status:  In Good Standing           Licensed:  20 Years

Wyman R. Wade

Municipal, Employment, Family Law, Collection
Status:  In Good Standing           

Kathryn A. Stocks

Litigation, Bankruptcy, Wills & Probate, Employment
Status:  In Good Standing           
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Bill Reynolds

Social Security -- Disability, Estate, Wrongful Termination, Bankruptcy & Debt, Accident & Injury
Status:  In Good Standing           Licensed:  28 Years

R. Ray Fulmer

Corporate, Bankruptcy, Estate Planning, Banking & Finance
Status:  In Good Standing           

William Whitfield Hyman

Banking & Finance, Collection, Wrongful Death, Identity Theft
Status:  In Good Standing           

Coy J. Rush

Bankruptcy, Social Security, Traffic, Family Law
Status:  In Good Standing           Licensed:  45 Years

Andrew Alex Flake

Social Security, Bankruptcy, DUI-DWI, Family Law
Status:  In Good Standing           

Carl Warner Hopkins

Immigration, Divorce & Family Law, Criminal, Bankruptcy & Debt, Car Accident
Status:  In Good Standing           

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Free Help: Use This Form or Call 800-943-8690

Member Representative

Call me for fastest results!
800-943-8690

Free Help: Use This Form or Call 800-943-8690

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

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Easily find Hackett Reorganization Lawyers and Hackett Reorganization Law Firms. For more attorneys, search all Bankruptcy & Debt areas including Bankruptcy, Collection, Credit & Debt and Workout attorneys.

LEGAL TERMS

WORKOUT

A debtor's plan to take care of a debt, by paying it off or through loan forgiveness. Workouts are often created to avoid bankruptcy or foreclosure proceedings.

WINDING UP

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, a... (more...)
The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, all with the ultimate goal of liquidating or closing down a corporation or partnership.

DISPOSABLE INCOME

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Ch... (more...)
The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Chapter 13 plan.

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 BUREAU

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit... (more...)
A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit card companies that use the information to screen applicants for loans and credit cards. There are three major credit bureaus, Equifax, Experian and Trans Union, and they are regulated by the federal Fair Credit Reporting Act.

MEANS TEST

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income ... (more...)
A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income for his or her state should be allowed to file for Chapter 7 bankruptcy.

CCCS

See Consumer Credit Counseling Service.

SECURED DEBT

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collater... (more...)
A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collateral, to satisfy the debt if you default. Compare unsecured debt.

ACCORD AND SATISFACTION

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collectin... (more...)
An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collecting as much money as they can from debtors who cannot pay the full amount.