Lexington Bankruptcy & Debt Lawyer, Kentucky, page 4

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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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Hugh Derek Hall

Accident & Injury, Bankruptcy, Estate, Lawsuit & Dispute, Real Estate

Status: In Good Standing

CONTACT

326 South Broadway, Lexington, KY 40508

Sarah Charles Wright

Health Care Other, Business, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

CONTACT

333 W Vine St, Lexington, KY 40507

Adam Mastin Back

Litigation, Estate Planning, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

CONTACT

300 W Vine St, Lexington, KY 40507

Gregory Duane Pavey

Litigation, Estate Planning, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

CONTACT

300 West Vine Street, Lexington, KY 40507

Heather G Pennington

Business, Bankruptcy, Bankruptcy & Debt, Credit & Debt

Status: In Good Standing

CONTACT

200 N Upper St, Lexington, KY 40507

Laura Day DelCotto

Litigation, Lawsuit & Dispute, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

CONTACT

200 N Upper St, Lexington, KY 40507

Jamie Lynn Harris

Motor Vehicle, Litigation, Estate, Civil Rights, Bankruptcy

Status: In Good Standing

CONTACT

200 N Upper St, Lexington, KY 40507

Jennifer Z. Hoerner

Social Security, Employment, Criminal, Banking & Finance, Bankruptcy

Status: In Good Standing

CONTACT

Lexington, KY 40588

William James George

Labor Law, Bankruptcy, Health Care Other

Status: In Good Standing

CONTACT

1401 Harrodsburg Rd, Lexington, KY 40504

Beverly M Burden

Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

CONTACT

Lexington, KY 40588

800-923-0641

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LEGAL TERMS

WINDING UP

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, a... (more...)

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, all with the ultimate goal of liquidating or closing down a corporation or partnership.

ADMINISTRATIVE EXPENSES

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Admi... (more...)

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Administrative costs are typically 10% of the debtor's total payments under the plan.

GRACE PERIOD

A period of time during which you are not required to make payments on a debt. For example, most credit cards give you a grace period of 20-30 days before you h... (more...)

A period of time during which you are not required to make payments on a debt. For example, most credit cards give you a grace period of 20-30 days before you have to pay interest on the amount of your purchases. Cash advances, however, usually have no grace period; interest begins to accumulate from the date of the withdrawal, even if you pay your bills on time. Also, some student loans give you a grace period after graduating or dropping out of school. During this time, you are not required to make payments on your loan.

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

A national non-profit agency that, at no cost, helps debtors plan budgets and repay their debts. One major criticism of CCCS is that each office is primarily fu... (more...)

A national non-profit agency that, at no cost, helps debtors plan budgets and repay their debts. One major criticism of CCCS is that each office is primarily funded by voluntary donations from the creditors that receive payments from debtors repaying their debts through that office. Despite this criticism, most CCCS counselors provide clients with thorough and neutral advice.

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.

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.

CYBERSQUATTING

Buying a domain name that reflects the name of a business or famous person with the intent of selling the name back to the business or celebrity for a profit. T... (more...)

Buying a domain name that reflects the name of a business or famous person with the intent of selling the name back to the business or celebrity for a profit. The Anticybersquatting Consumer Protection Act of 1999 authorizes a cybersquatting victim to file a federal lawsuit to regain a domain name or sue for financial compensation. Under the act, registering, selling or using a domain name with the intent to profit from someone else's good name is considered cybersquatting. Victims of cybersquatting can also use the provisions of the Uniform Domain Name Dispute Resolution Policy adopted by ICANN, an international tribunal administering domain names. This international policy results in arbitration of the dispute, not litigation.

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.

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemp... (more...)

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemptible because it has been damaged or destroyed.

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Lexington Bankruptcy & Debt Lawyer, Kentucky, page 4

Sponsored Law Firm

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

SPONSORED LAWYERS

Hugh Derek Hall

Sarah Charles Wright

Adam Mastin Back

Gregory Duane Pavey

Heather G Pennington

Laura Day DelCotto

Jamie Lynn Harris

Jennifer Z. Hoerner

William James George

Beverly M Burden

TIPS

LEGAL TERMS

WINDING UP

ADMINISTRATIVE EXPENSES

GRACE PERIOD

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

GUARANTOR

LIMITED PARTNERSHIP

CYBERSQUATTING

SOLE PROPRIETORSHIP

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

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