Knightdale Bankruptcy Lawyer, North Carolina

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George Oliver
About | Practice Areas
Oliver & Cheek, PLLC
405 Middle Street New Bern, NC 28560» view map
Bankruptcy & Debt Law
Your Business Partner

Oliver & Cheek, PLLC is a full service business firm providing a wide range of legal services to clients in North Carolina.

252-633-1930
1. George Oliver New Bern, NC
  Attorney at Law- NJ, 1999
  University of North Carolina School of Law, J.D. 1999
2. AboutOliver & Cheek, PLLC
  Your Business Partner
3. Practice AreasExpertise
  Bankruptcy & Debt Law
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Includes: Bankruptcy Litigation, Commercial Bankruptcy, Consumer Bankruptcy, Dissolution

Erica Ferranti

Bankruptcy, Elder Law, Estate Administration, Estate Planning

Status: In Good Standing

CONTACT

150 Fayetteville Street, Raleigh, NC 27601

C. Miller Sigmon

Bankruptcy, Corporate, Collection, Credit & Debt

Status: In Good Standing

CONTACT

Raleigh, NC 27619

Robert L. Morton

Business Organization, Contract, Wills & Probate, Bankruptcy

Status: In Good Standing Licensed: 29 Years

CONTACT

2900 Spring Forest Road, Raleigh, NC 27616

Jeffery P. Boykin

Litigation, Corporate, Bankruptcy, Personal Injury

Status: In Good Standing Licensed: 37 Years

CONTACT

319 Fayetteville Street, Raleigh, NC 27601

Pamela P. Keenan

Real Estate, Litigation, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 37 Years

CONTACT

Raleigh, NC 27619

Pamela P. Keenan

Real Estate, Litigation, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 37 Years

CONTACT

Raleigh, NC 27619

Damon John Chetson

Traffic, Divorce & Family Law, Criminal, Bankruptcy

Status: In Good Standing

CONTACT

19 W Hargett St, Raleigh, NC 27601

Jeremy Richard Williams

Nursing Home, Elder Law, Civil & Human Rights, Consumer Bankruptcy

Status: In Good Standing Licensed: 10 Years

CONTACT

Raleigh, NC 27605

Aaron N. Bailey

Real Estate, Litigation, Lawsuit & Dispute, Bankruptcy

Status: In Good Standing Licensed: 25 Years

CONTACT

Raleigh, NC 27661

J. M. Cook

Business, Bankruptcy, Medical Malpractice

Status: In Good Standing

CONTACT

5886 Faringdon Place, Raleigh, NC 27609

800-923-0641

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LEGAL TERMS

CHAPTER 7 BANKRUPTCY

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 b... (more...)

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 bankruptcy takes from three to six months, costs about $200, and commonly requires only one trip to the courthouse.

LIMITED PARTNERSHIP

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner ... (more...)

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner or partners (called general partners) have unlimited personal liability. The key difference between a general and limited partner concerns management decision making--general partners run the business, and limited partners, who are usually passive investors, are not allowed to make day-to-day business decisions. If they do, they risk being treated as general partners with unlimited personal liability.

REPOSSESSION

A creditor's taking property that has been pledged as collateral for a loan. Lenders will most often repossess cars when the owner has missed loan payments and ... (more...)

A creditor's taking property that has been pledged as collateral for a loan. Lenders will most often repossess cars when the owner has missed loan payments and has not attempted to work with the lender to resolve the problem. A repossessor can't use force to get at your car, but he can legally hot-wire it and even drive it out of your unlocked garage.

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.

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.

PREFERENCE

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commer... (more...)

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commercial creditors) and within one year for insider creditors (friends, family members, and business associates). Because a preference gives the creditor who received the payment an edge over other creditors in the bankruptcy case, the trustee can recover the preference (the amount of the payment) and distribute it among all of the creditors.

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.

COLLECTION AGENCY

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the d... (more...)

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the debt themselves, typically through letters (called 'dunning' letters) and telephone calls. Collection agencies are regulated by the federal Fair Debt Collection Practices Act. Unfortunately, too many collectors ignore this law.

LOSS DAMAGE WAIVER (LDW)

Rental car insurance that makes the rental car company responsible for damage to or theft of a rental car. This insurance is a major consumer ripoff, as it ofte... (more...)

Rental car insurance that makes the rental car company responsible for damage to or theft of a rental car. This insurance is a major consumer ripoff, as it often duplicates coverage provided by the renter's regular car insurance and/or the credit card she uses to rent the car. Nevertheless, hard-sell practices by rental car agents often dupe people into buying LDWs they don't really need. LDW is also called 'collision damage waiver.'

SAMPLE LEGAL CASES

Morales-Rodriguez v. Carolina Quality

... On 9 August 2007, defendants appealed to this Court. These proceedings were stayed on 23 January 2008 pursuant to 11 USC Â§ 362 by reason of a bankruptcy proceeding filed by individual defendant, Cynthia Vinson. By ...

Woods v. Mangum

... the Estate. Plaintiffs also filed for federal bankruptcy protection on 29 August 2002 and were released from bankruptcy on 438 3 May 2007. The Mangums' claim was not discharged as a result of plaintiffs' bankruptcy. The Executrix ...

Moss Creek Homeowners Ass'n v. Bissette

... ("Byron"). Byron filed for bankruptcy protection in 1991, and received its discharge from bankruptcy on 24 August 2005. ... The Bissettes next argue that the assignment of rights of the Declaration and the subsequent bankruptcy of Byron renders the covenant unenforceable. ...

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Knightdale Bankruptcy Lawyer, North Carolina

Sponsored Law Firm

Oliver & Cheek, PLLC

SPONSORED LAWYERS

Erica Ferranti

C. Miller Sigmon

Robert L. Morton

Jeffery P. Boykin

Pamela P. Keenan

Pamela P. Keenan

Damon John Chetson

Jeremy Richard Williams

Aaron N. Bailey

J. M. Cook

TIPS

LEGAL TERMS

CHAPTER 7 BANKRUPTCY

LIMITED PARTNERSHIP

REPOSSESSION

SOLE PROPRIETORSHIP

401(K) PLAN

PREFERENCE

WORKOUT

COLLECTION AGENCY

LOSS DAMAGE WAIVER (LDW)

SAMPLE LEGAL CASES

Morales-Rodriguez v. Carolina Quality

Woods v. Mangum

Moss Creek Homeowners Ass'n v. Bissette

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