Madison Bankruptcy & Debt Lawyer, Wisconsin, page 2

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Jane F. (Ginger) Zimmerman

Corporate, Business Organization, Collection, Bankruptcy
Status:  In Good Standing           Licensed:  39 Years

Edward A. Corcoran

Estate Planning, Labor Law, Family Law, Bankruptcy
Status:  In Good Standing           Licensed:  43 Years

Teresa Ann Mclaren

Class Action, Employee Rights, Insurance, Credit & Debt
Status:  Inactive           Licensed:  16 Years

Eileen Kelley

Estate Planning, Environmental Law Other, Bankruptcy, Products Liability
Status:  In Good Standing           Licensed:  13 Years

Richard Walter Jablonski

Patent, Computer Law, Insurance, Commercial Bankruptcy
Status:  In Good Standing           Licensed:  30 Years

Credo James Enriquez

General Practice
Status:  In Good Standing           Licensed:  25 Years

Steven Eric Grimm

International Tax, Estate, Corporate, Reorganization
Status:  In Good Standing           Licensed:  27 Years

Christine Wolk

Real Estate, Criminal, Bankruptcy, Bankruptcy & Debt
Status:  In Good Standing           

Michael S. Kent

Criminal, Credit & Debt
Status:  In Good Standing           Licensed:  21 Years

John D. Center

Landlord-Tenant, Real Estate, Wills & Probate, Collection
Status:  In Good Standing           

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Free Help: Use This Form or Call 800-943-8690

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Call me for fastest results!
800-943-8690

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By submitting this lawyer request, I confirm I have read and agree to the Consent to Receive Messages from all messaging and voice technologies including Email, Text, Phone, Terms of Use, and Privacy Policy. Information provided is not privileged or confidential.

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LEGAL TERMS

FCRA

See Fair Credit Reporting Act.

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.

INTEREST

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to ... (more...)
A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to your balance. This means that if your loan or credit line has an interest rate of 8%, the holder adds 8% to the balance each year. More specifically, interest is calculated and added to your loan or credit line through a process called compounding. If interest is compounded daily, the balance will rise by 1/365th of 8% each day. If interest is compounded monthly, the balance will rise 1/12th of 8% at the start of each month.

NONEXEMPT PROPERTY

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typicall... (more...)
The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typically includes valuable clothing (furs) and electronic equipment, an expensive car that's been paid off and most of the equity in your house. Compare exempt property.

TRADE NAME

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

SECURED DEBT

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collater... (more...)
A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collateral, to satisfy the debt if you default. Compare unsecured debt.

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.

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.

CCCS

See Consumer Credit Counseling Service.