Hopkins County, KY Reorganization Lawyers, page 5

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Douglas Howard
About | Practice Areas
Howard Law Group, P.L.L.C.
213 Saint Clair St Ste 101 Frankfort, KY 40601» view map
Bankruptcy & Debt
Where Dedication Meets Experience

At Howard Law Group, PLLC, our Frankfort lawyer has devoted his entire practice to helping clients understand their rights and helping clients make empowered legal decisions.

800-716-8131
1. Douglas Howard Frankfort, KY
  Attorney at Law - KY, 1998
  Columbus School of Law J.D. 1998
2. AboutHoward Law Group, P.L.L.C.
  Detailed Preparation & Simple Solutions
3. Practice AreasExpertise
  Bankruptcy & Debt
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Not enough matches for Hopkins Reorganization lawyer.
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Steven J Arnold

General Practice

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CONTACT

825 Grapevine Rd, Madisonville, KY 42431

Amie Jo Martinez

General Practice

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CONTACT

10 South Main Street, Madisonville, KY 42431

Kimberly Poe Gilliam

General Practice

Status:

CONTACT

120 East Center Street, Madisonville, KY 42431

Melanie Ann Rolley

Estate, Divorce & Family Law, Family Law, Federal Appellate Practice

Status:

CONTACT

3 E Center St, Madisonville, KY 42431

Pamela M C Trevathan

Real Estate, Family Law, Trusts, Commercial Real Estate

Status: Licensed: 43 Years

CONTACT

33 E Broadway, Madisonville, KY 42431

Walton Logan Calvert

General Practice

Status:

CONTACT

4055 Deep Creek, Madisonville, KY 42431

Brian Nathan Hopper

General Practice

Status:

CONTACT

21 Sugg St, Madisonville, KY 42431

Patricia Ann Day

General Practice

Status:

CONTACT

23 W Center St, Madisonville, KY 42431

Kimberly Ann Ewing

General Practice

Status: Licensed: 39 Years

CONTACT

444 S. Main Street, Madisonville, KY 42431

Thomas Larkin Gilmore

General Practice

Status: Licensed: 38 Years

CONTACT

Madisonville, KY 42431

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LEGAL TERMS

CCCS

See Consumer Credit Counseling Service.

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.

DEBT COLLECTOR

A person who works in the in-house collections department of an original creditor or a collection agency to track down debtors and get them to pay what they owe... (more...)

A person who works in the in-house collections department of an original creditor or a collection agency to track down debtors and get them to pay what they owe. Debt collectors can be relentless, often using scare tactics, humiliation and repeated phone calls to extract payments or promises to pay.

SUBROGATION

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off i... (more...)

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off its injured claimant takes the legal rights the claimant has against a third party that caused the injury, and sues that third party.

NONDISCHARGEABLE DEBTS

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chap... (more...)

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chapter 13 bankruptcy, the nondischargeable debts will have to be paid in full during your plan or you will have a balance at the end of your case. Examples of nondischargeable debts include alimony and child support, most income tax debts, many student loans and debts for personal injury or death caused by drunk driving. Compare dischargeable debts.

REDEMPTION

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump s... (more...)

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump sum. For example, a debtor may redeem a car note by paying the lender the amount a retail vendor would charge for the car, considering its age and condition.

CURRENT MONTHLY INCOME

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding... (more...)

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding the bankruptcy filing. The debtor's current monthly income is used to determine whether the debtor can file for Chapter 7 bankruptcy, among other things.

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.

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.

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Hopkins County, KY Reorganization Lawyers, page 5

Sponsored Law Firm

Howard Law Group, P.L.L.C.

SPONSORED LAWYERS

Steven J Arnold

Amie Jo Martinez

Kimberly Poe Gilliam

Melanie Ann Rolley

Pamela M C Trevathan

Walton Logan Calvert

Brian Nathan Hopper

Patricia Ann Day

Kimberly Ann Ewing

Thomas Larkin Gilmore

TIPS

LEGAL TERMS

CCCS

LIMITED LIABILITY

DEBT COLLECTOR

SUBROGATION

NONDISCHARGEABLE DEBTS

REDEMPTION

CURRENT MONTHLY INCOME

S CORPORATION

MEANS TEST

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