Hopkinton Bankruptcy Lawyer, Rhode Island, page 2

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Joseph Botelho
About | Practice Areas
Botelho Law Group
901 Eastern Ave Suite 2 Fall River, MA 02723» view map
Bankruptcy & Debt Law
Fall River Lawyers

At the Botelho Law Group we have several attorneys, with different specializations; to help your case’s individual needs.

800-229-5331
1. Joseph Botelho Fall River, MA
  Attorney at Law- MA, 2000
  University of Massachusetts School of Law, J.D. 2000
2. AboutBotelho Law Group
  Fall River Lawyers
3. Practice AreasExpertise
  Bankruptcy & Debt Law
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Includes: Bankruptcy Litigation, Commercial Bankruptcy, Consumer Bankruptcy, Dissolution

Sean D. Elliott

Employee Rights, Criminal, Contract, Bankruptcy

Status: In Good Standing

CONTACT

91 Wentworth Dr, Saunderstown, RI 02874

Alan E. Kornstein

Criminal, Bankruptcy

Status: In Good Standing

CONTACT

66 Whispering Pine Way, Exeter, RI 02822

Barbara A. Fontaine

Divorce, Adoption, Criminal, Bankruptcy

Status: In Good Standing

CONTACT

260B Columbia Street, Wakefield, RI 02879

Michael R. Egan

Bankruptcy

Status: In Good Standing

CONTACT

1130 Ten Rod Road, North Kingstown, RI 02852

Gregory S. Inman

Divorce & Family Law, Criminal, Bankruptcy, Accident & Injury

Status: In Good Standing

CONTACT

1500 Nooseneck Hill Rd, Coventry, RI 02816

Cory J. Bilodeau

Litigation, Bankruptcy

Status: In Good Standing

CONTACT

45 Mallard Way, East Greenwich, RI 02818

Arthur G. Capaldi

Immigration, Government, Estate, Bankruptcy

Status: In Good Standing

CONTACT

1035 Main St, Coventry, RI 02816

Michael O. Carley

Government, Bankruptcy

Status: In Good Standing

CONTACT

64 B Tiogue Ave, West Warwick, RI 02893

Nelson F. Brinckerhoff

Divorce & Family Law, Estate, Bankruptcy, Wills & Probate

Status: In Good Standing Licensed: 43 Years

FREE CONSULTATION

CONTACT

6480 Post Road, North Kingstown, RI 02852

Sheryl A. Macdougall

Bankruptcy

Status: In Good Standing

CONTACT

5 Paula Drive, North Kingstown, RI 02852

800-923-0641

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LEGAL TERMS

CREDITOR

A person or entity (such as a bank) to whom a debt is owed.

GUARANTOR

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. T... (more...)

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. The guarantor gives a 'guaranty,' which is an assurance that the debt or other obligation will be fulfilled.

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.

FRAUDULENT TRANSFER

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee --... (more...)

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee -- for instance, when a debtor signs a car over to a relative to keep it out of the bankruptcy estate. Fraudulently transferred property can be recovered and sold by the trustee for the benefit of the creditors.

SOLE PROPRIETORSHIP

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, m... (more...)

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, meaning that business profits are reported and taxed on the owner's personal tax return. Setting up a sole proprietorship is cheap and easy since no legal formation documents need be filed with any governmental agency (although tax registration and other permit and license requirements may still apply). Once you file a fictitious name statement (assuming you don't use your own name) and obtain any required basic tax permits and business licenses, you'll be in business. The main downside of a sole proprietorship is that its owner is personally liable for all business debts.

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.

UNSECURED DEBT

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only reme... (more...)

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only remedy is to sue you and get a judgment. Compare secured debt.

GARNISHMENT

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if ... (more...)

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if she loses a lawsuit filed by the creditor. Up to 25% of a person's wages can be deducted.

TRADE NAME

The official name of a business, the one it uses on its letterhead and bank account when not dealing with consumers.

SAMPLE LEGAL CASES

Kirshenbaum v. Fidelity Federal Bank

... In that same letter, plaintiff stated that he "wanted a discharge of the Mortgage and a notation on the Promissory Note that it was paid in full." He further indicated that it was his understanding that the Araujos were planning to declare bankruptcy and that, if he had "documents ...

Malinou v. Seattle Sav. Bank

... The Bankruptcy Court approved an amended plan; however, after decedent again failed to comply with the plan, the trustee filed a motion to dismiss the case. [3]. The decedent died in January 2003, and the bankruptcy case was dismissed the next month. ...

Pearson v. Pearson

... and the remaining balance shall be the responsibility of [Pearson], and he shall pay said balance and hold [Marion] harmless on same." Paragraph 7 also specified, seemingly predictive of later events, that "[t]hese obligations shall not be discharged in bankruptcy as it is ...

Hopkinton Bankruptcy Lawyer, Rhode Island, page 2

Sponsored Law Firm

Botelho Law Group

SPONSORED LAWYERS

Sean D. Elliott

Alan E. Kornstein

Barbara A. Fontaine

Michael R. Egan

Gregory S. Inman

Cory J. Bilodeau

Arthur G. Capaldi

Michael O. Carley

Nelson F. Brinckerhoff

Sheryl A. Macdougall

TIPS

LEGAL TERMS

CREDITOR

GUARANTOR

ACCORD AND SATISFACTION

FRAUDULENT TRANSFER

SOLE PROPRIETORSHIP

S CORPORATION

UNSECURED DEBT

GARNISHMENT

TRADE NAME

SAMPLE LEGAL CASES

Kirshenbaum v. Fidelity Federal Bank

Malinou v. Seattle Sav. Bank

Pearson v. Pearson

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