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Harrisburg Bankruptcy & Debt Lawyer, Pennsylvania


Gary J. Imblum Lawyer

Gary J. Imblum

VERIFIED
Bankruptcy & Debt, Estate, Power of Attorney, Bankruptcy Litigation, Wills & Probate
Specializing in Bankruptcy Law, Wills, Living Wills, Powers of Attorney and Estates

Atrorney Imblum is admitted to practice in the United States Circuit for the Third Circuit of Pennsylvania, the United States District Court for the M... (more)

FREE CONSULTATION 

CONTACT

800-862-5391

Gregory S. Hazlett Lawyer

Gregory S. Hazlett

VERIFIED
Bankruptcy & Debt, Divorce & Family Law, Accident & Injury, Lawsuit & Dispute, Wills
FREE CONSULTATIONS

Gregory Hazlett is a practicing attorney in the state of Pennsylvania. He graduated from Widener University School of Law with his J.D. in 1993. He cu... (more)

FREE CONSULTATION 

CONTACT

800-750-5270

Marc W. Witzig

Administrative Law, Antitrust, Banking & Finance, Bankruptcy
Status:  In Good Standing           

Jeffrey R. Boswell

Bankruptcy, Corporate, Business Organization, Estate Planning
Status:  In Good Standing           
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Jill Marie Wineka

Social Security -- Disability, Wills & Probate, Bankruptcy, Estate Planning
Status:  In Good Standing           

FREE CONSULTATION 

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John W. Purcell

Adoption, Alimony & Spousal Support, Child Support, Collection
Status:  In Good Standing           

Leon P. Haller

Banking & Finance, Bankruptcy, Real Estate
Status:  In Good Standing           

FREE CONSULTATION 

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Bruce D. Foreman

Adoption, Alimony & Spousal Support, Child Support, Collection
Status:  In Good Standing           

FREE CONSULTATION 

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Roger R. Laguna

Dispute Resolution, Bad Faith Insurance, Bankruptcy, Corporate
Status:  In Good Standing           

FREE CONSULTATION 

CONTACT

Lisa A. Rynard

Bankruptcy, Business Organization, Credit & Debt
Status:  In Good Standing           

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Lawyer.com can help you easily and quickly find Harrisburg Bankruptcy & Debt Lawyers and Harrisburg Bankruptcy & Debt Law Firms. Refine your search by specific Bankruptcy & Debt practice areas such as Bankruptcy, Collection, Credit & Debt, Reorganization and Workout matters.

LEGAL TERMS

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.

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.

CHAPTER 13 BANKRUPTCY

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your inc... (more...)
The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your income to pay all or a portion of the debts over three to five years. The minimum amount you must pay is roughly equal to the value of your nonexempt property. In addition, you must pledge your disposable net income -- after subtracting reasonable expenses -- for the period during which you are making payments. At the end of the three-to five-year period, the balance of what you owe on most debts is erased.

DISCHARGE (OF DEBTS)

A bankruptcy court's erasure of the debts of a person or business that has filed for bankruptcy.

CREDIT FILE

See credit report.

FAIR CREDIT BILLING ACT (FCBA)

A federal law that gives you rights when an error occurs on your credit card statement. You must notify the credit card company of the mistake within 60 days af... (more...)
A federal law that gives you rights when an error occurs on your credit card statement. You must notify the credit card company of the mistake within 60 days after it mailed the bill to you. The company must then correct the mistake, or at least acknowledge receipt of your letter within 30 days, and must correct the error within 90 days or explain why it believes the credit card statement is correct.

COLLATERAL

Property that guarantees payment of a secured debt.

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.

SETOFF

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a countercl... (more...)
A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a counterclaim filed by a defendant in a lawsuit. Banks may try to exercise a setoff by taking money out of a deposit account to satisfy past due payments on a loan or credit card bill. Such an act is illegal under most circumstances.