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Leon Bayer
About | Practice Areas
Bayer Wishman & Leotta
1055 Wilshire Blvd Suite 1900 Los Angeles, CA 90017» view map
Bankruptcy & Debt
Experience, Affordability, & Expertise

The Los Angeles bankruptcy lawyers of Bayer Wishman & Leotta have successfully represented clients in the Los Angeles area for over 37 years. Bankruptcy is all we handle.

800-942-4591
1. Leon Bayer Los Angeles, CA
  Attorney at Law - CA, 1979
  San Fernando Valley College of Law
2. AboutBayer Wishman & Leotta
  88 Years of Combined Experience
3. Practice AreasExpertise
  Bankruptcy & Debt
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Includes: Bankruptcy Litigation, Commercial Bankruptcy, Consumer Bankruptcy, Dissolution

James C. Shields

Wills & Probate, Estate Planning, Guardianships & Conservatorships, Bankruptcy, Divorce

Status: In Good Standing

FREE CONSULTATION

CONTACT

21707 Hawthorne Boulevard, Torrance, CA 90503

Oscar Richard Swinton

Criminal, Bankruptcy, Personal Injury, Accident & Injury

Status: In Good Standing Licensed: 20 Years

FREE CONSULTATION

CONTACT

8939 S Sepulveda Blvd, Los Angeles, CA 90045

Robert Kevin Lee

Litigation, Bankruptcy

Status: In Good Standing

CONTACT

1007 N Sepulveda Blvd, Manhattan Beach, CA 90267

Karen M Iraheta-Lopez

International Trade, Government Contract, Corporate, Bankruptcy

Status: In Good Standing Licensed: 13 Years

CONTACT

13100 Yukon Ave, Hawthorne, CA 90250

Michael John Fiscus

International, Gift Taxation, Business, Bankruptcy

Status: In Good Standing

CONTACT

291 Del Amo Fashion Square, Torrance, CA 90503

Mona Ibrahim

Entertainment, Contract, Commercial Bankruptcy

Status: In Good Standing Licensed: 15 Years

CONTACT

222 N Sepulveda Blvd, El Segundo, CA 90245

Clinton M Q Foy

Entertainment, Copyright, Business & Trade, Commercial Bankruptcy

Status: Inactive Licensed: 22 Years

CONTACT

704 Pacific Ave, Manhattan Beach, CA 90266

Dennis Edward Mcgoldrick

Litigation, Employment Discrimination, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

CONTACT

21250 Hawthorne Blvd, Torrance, CA 90503

Jason Mark Murai

Wills, Trusts, Estate Planning, Estate, Bankruptcy

Status: In Good Standing

CONTACT

21250 Hawthorne Blvd, Torrance, CA 90503

Seth Davidson

Litigation, Consumer Bankruptcy, Bankruptcy, Personal Injury

Status: In Good Standing

CONTACT

21250 Hawthorne Blvd., Torrance, CA 90503

800-923-0641

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LEGAL TERMS

FAIR LABOR STANDARDS ACT (FLSA)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements ... (more...)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements for overtime and places restrictions on child labor.

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.

COSIGNER

A person who signs his or her name to a loan agreement, lease or credit application. If the primary debtor does not pay, the cosigner is fully responsible for t... (more...)

A person who signs his or her name to a loan agreement, lease or credit application. If the primary debtor does not pay, the cosigner is fully responsible for the loan or debt. Many people use cosigners to qualify for a loan or credit card. Landlords may require a cosigner when renting to a student or someone with a poor credit history.

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.

GENERAL PARTNER

A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners), is personally liable for all the... (more...)

A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners), is personally liable for all the business's debts and obligations. A general partner's actions can legally bind the entire business. See also partnership, limited partnership.

CCCS

See Consumer Credit Counseling Service.

NONPROFIT CORPORATION

A legal structure authorized by state law allowing people to come together to either benefit members of an organization (a club, or mutual benefit society) or f... (more...)

A legal structure authorized by state law allowing people to come together to either benefit members of an organization (a club, or mutual benefit society) or for some public purpose (such as a hospital, environmental organization or literary society). Nonprofit corporations, despite the name, can make a profit, but the business cannot be designed primarily for profit-making purposes, and the profits must be used for the benefit of the organization or purpose the corporation was created to help. When a nonprofit corporation dissolves, any remaining assets must be distributed to another nonprofit, not to board members. As with for-profit corporations, directors of nonprofit corporations are normally shielded from personal liability for the organization's debts. Some nonprofit corporations qualify for a federal tax exemption under _ 501(c)(3) of the Internal Revenue Code, with the result that contributions to the nonprofit are tax deductible by their donors.

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.

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.

SAMPLE LEGAL CASES

Jaffe v. Pacelli

... ALDRICH, J. I. INTRODUCTION. In this case, the superior court entered a judgment against a debtor, Zenaida C. Pacelli (Pacelli), that included an award of attorney fees. Years later, Pacelli sought to discharge the debt in bankruptcy court. ... 2. The bankruptcy proceedings. ...

Imperial Merchant Services, Inc. v. Hunt

... section 3287, for a total of $179.41. 385 Hunt filed a voluntary petition for bankruptcy in the United States Bankruptcy Court for the Northern District of California (the bankruptcy action). Shortly thereafter, Hunt filed a putative ...

Aceves v. US BANK NA

... deed of trust on her residence. About two years into the loan, she could not afford the monthly payments and filed for bankruptcy under chapter 7 of the Bankruptcy Code (11 USC Â§Â§ 701-784). She intended to convert the chapter ...

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Lawndale Bankruptcy Lawyer, California

Sponsored Law Firm

Bayer Wishman & Leotta

SPONSORED LAWYERS

James C. Shields

Oscar Richard Swinton

Robert Kevin Lee

Karen M Iraheta-Lopez

Michael John Fiscus

Mona Ibrahim

Clinton M Q Foy

Dennis Edward Mcgoldrick

Jason Mark Murai

Seth Davidson

TIPS

LEGAL TERMS

FAIR LABOR STANDARDS ACT (FLSA)

BANKRUPTCY

COSIGNER

LIMITED LIABILITY

GENERAL PARTNER

CCCS

NONPROFIT CORPORATION

FRAUDULENT TRANSFER

REDEMPTION

SAMPLE LEGAL CASES

Jaffe v. Pacelli

Imperial Merchant Services, Inc. v. Hunt

Aceves v. US BANK NA

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