Mineral Ridge Bankruptcy & Debt Lawyer, Ohio, page 3

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Ronald Lasko
About | Practice Areas
R. Lasko Co. LPA, LLC
1406 W 6th St STE 200, Cleveland, OH 44113» view map
Business, Estate, Real Estate, Employment
Competent Legal Representation

Let R. Lasko Co. LPA, LLC handle all your legal needs today!

216-574-2602
1. Ronald Lasko Cleveland, OH
  Attorney at Law, OH
  Cleveland-Marshall College of Law, J.D. 1976
2. AboutR. Lasko Co. LPA, LLC
  Competent Legal Representation
3. Practice AreasExpertise
  Business Law
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David K. Holmquist

Real Estate, Employee Rights, Corporate, Commercial Bankruptcy

Status: In Good Standing

CONTACT

6 Federal Plaza Central, Youngstown, OH 44503

Bruce R. Epstein

Consumer Bankruptcy, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

CONTACT

5500 Market St, Youngstown, OH 44512

Rachel Elizabeth Nader

Litigation, Government, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 34 Years

CONTACT

160 E Market St, Warren, OH 44481

Christopher J. Schiavone

Estate Planning, Estate, Corporate, Collection

Status: In Good Standing

CONTACT

3801 Starrs Centre Drive, Canfield, OH 44406

William Lee Hawley

Litigation, Corporate, Commercial Bankruptcy, Personal Injury

Status: In Good Standing Licensed: 45 Years

CONTACT

108 Main Ave. Sw, Warren, OH 44481

William Joseph Urban

Litigation, Workers' Compensation, Banking & Finance, Bankruptcy

Status: In Good Standing Licensed: 56 Years

CONTACT

434 High St Ne, Warren, OH 44481

John Elza Fowler

Federal Appellate Practice, Family Law, Bankruptcy, Personal Injury

Status: In Good Standing Licensed: 30 Years

CONTACT

119 W Market St, Warren, OH 44481

William John Miklandric

Litigation, Workers' Compensation, Corporate, Bankruptcy

Status: In Good Standing Licensed: 23 Years

CONTACT

2445 Belmont Avenue, Youngstown, OH 44504

Ronald James Rice

Corporate, Litigation, Personal Injury, Commercial Bankruptcy

Status: In Good Standing Licensed: 39 Years

CONTACT

161 High St Nw, Warren, OH 44481

Roger Richard Bauer

Family Law, Juvenile Law, Bankruptcy, Personal Injury

Status: In Good Standing Licensed: 51 Years

CONTACT

244 Seneca Ave Ne, Warren, OH 44481

800-923-0641

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LEGAL TERMS

LIABILITY

(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pi... (more...)

(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pipe bursts the day after Paul installs it, ruining the bathroom floor. This raises the issue of liability: Who is responsible for the damage? Peri claims that Paul is responsible, and sues him for the cost of hiring another plumber to fix the pipe and replacing the floor. Paul, in turn, claims that the pipe manufacturer is responsible, because they supplied him with faulty materials. Both Peri and Paul must prove their claims in court; if Paul and/or the manufacturer is found liable, one or both will have to pay damages to Peri. (2) Something for which a person is liable. For example, a debt is often called a liability.

NONDISCHARGEABLE DEBTS

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chap... (more...)

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chapter 13 bankruptcy, the nondischargeable debts will have to be paid in full during your plan or you will have a balance at the end of your case. Examples of nondischargeable debts include alimony and child support, most income tax debts, many student loans and debts for personal injury or death caused by drunk driving. Compare dischargeable debts.

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.

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.

SECRET WARRANTY PROGRAM

A program under which a car manufacturer will make repairs for free on vehicles with persistent problems, even after the warranty has expired, in order to avoid... (more...)

A program under which a car manufacturer will make repairs for free on vehicles with persistent problems, even after the warranty has expired, in order to avoid a recall and the accompanying bad press. Secret warranties are rarely advertised by the manufacturer, so consumers must pursue the manufacturer to discover and take advantage of them. A few states require manufacturers to notify car buyers when they adopt secret warranty programs.

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.

SUBROGATION

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off i... (more...)

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off its injured claimant takes the legal rights the claimant has against a third party that caused the injury, and sues that third party.

CREDIT REPORT

An account of your credit history, prepared by a credit bureau. A credit report will contain both credit history, such as what you owe to whom and whether you m... (more...)

An account of your credit history, prepared by a credit bureau. A credit report will contain both credit history, such as what you owe to whom and whether you make the payments on time, as well as personal history, such as your former addresses, employment record and lawsuits in which you have been involved. An estimated 50% of all credit reports contain errors, such as accounts that don't belong to you, an incorrect account status or information reported that is older than seven years (ten years in the case of a bankruptcy).

UNSECURED DEBT

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only reme... (more...)

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only remedy is to sue you and get a judgment. Compare secured debt.

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Mineral Ridge Bankruptcy & Debt Lawyer, Ohio, page 3

Sponsored Law Firm

R. Lasko Co. LPA, LLC

SPONSORED LAWYERS

David K. Holmquist

Bruce R. Epstein

Rachel Elizabeth Nader

Christopher J. Schiavone

William Lee Hawley

William Joseph Urban

John Elza Fowler

William John Miklandric

Ronald James Rice

Roger Richard Bauer

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LEGAL TERMS

LIABILITY

NONDISCHARGEABLE DEBTS

LIMITED LIABILITY

REDEMPTION

SECRET WARRANTY PROGRAM

FORBEARANCE

SUBROGATION

CREDIT REPORT

UNSECURED DEBT

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