Mamou Bankruptcy & Debt Lawyer, Louisiana, page 4

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Lars Levy
About | Practice Areas
Simon, Fitzgerald, Cooke, Reed and Welch
4700 Line Ave Ste 200 Shreveport, LA 71106» view map
Bankruptcy & Debt Law
Experienced Attorneys Serving You

The law firm of Simon, Fitzgerald, Cooke, Reed and Welch has helped thousands of people find true relief from debt through bankruptcy

800-769-0341
1. Lars Levy Ste 200 Shreveport, LA
  Attorney at Law- LA, 2002
  Paul M. Hebert Law Center, J.D. 2002
2. AboutSimon, Fitzgerald, Cooke, Reed and Welch
  Experienced Bankruptcy Attorneys Serving You
3. Practice AreasExpertise
  Bankruptcy & Debt Law
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Michael Francis Miley

Credit & Debt, Bankruptcy

Status: In Good Standing Licensed: 31 Years

CONTACT

201A Travis St, Lafayette, LA 70503

Paul N Debaillon

Bankruptcy, Collection, Foreclosure

Status: Inactive Licensed: 43 Years

CONTACT

201 Travis St, Lafayette, LA 70503

George Joseph Armbruster

Litigation, Collection, Car Accident, Business & Trade

Status: In Good Standing Licensed: 29 Years

CONTACT

1540 W Pinhook Rd, Lafayette, LA 70503

Steven Travis Ramos

Commercial Real Estate, Estate Planning, Banking & Finance, Commercial Bankruptcy

Status: In Good Standing Licensed: 21 Years

CONTACT

200 Catamaran Dr, Youngsville, LA 70592

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.

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.

FORBEARANCE

Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily ... (more...)

Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily postponing or reducing the borrower's payments.

DEFINED CONTRIBUTION PLAN

A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount ... (more...)

A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount every month, or every year, for each employee. The employer usually pays a fixed percentage of an employee's wages or salary, although sometimes the amount is a fraction of the company's profits, with the size of each employee's pension share depending on the amount of wage or salary. Upon retirement, each employee's pension is determined by how much was contributed to the fund on behalf of that employee over the years, plus whatever earnings that money has accumulated as part of the investments of the entire pension fund.

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.

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.

TRADE DRESS

The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape... (more...)

The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape of Frangelico liqueur bottles. Trade dress can be protected under trademark law if a showing can be made that the average consumer would likely be confused as to product origin if another product were allowed to appear in similar dress.

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.

SETOFF

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a countercl... (more...)

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a counterclaim filed by a defendant in a lawsuit. Banks may try to exercise a setoff by taking money out of a deposit account to satisfy past due payments on a loan or credit card bill. Such an act is illegal under most circumstances.

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Mamou Bankruptcy & Debt Lawyer, Louisiana, page 4

Sponsored Law Firm

Simon, Fitzgerald, Cooke, Reed and Welch

SPONSORED LAWYERS

Michael Francis Miley

Paul N Debaillon

George Joseph Armbruster

Steven Travis Ramos

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LEGAL TERMS

WINDING UP

COLLECTION AGENCY

FORBEARANCE

DEFINED CONTRIBUTION PLAN

WORKOUT

SECURED DEBT

TRADE DRESS

GARNISHMENT

SETOFF

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