New York Bankruptcy & Debt Lawyer List, page 3

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John  Weber Lawyer

John Weber

VERIFIED *Status is reviewed annually. For latest information visit here
Amityville Bankruptcy & Debt Lawyer

With the singular focus of individual Bankruptcy Law, we bring a collective effort to delivering personalized and effective representation to each of ... (more)

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Kent  Gross Lawyer

Kent Gross

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Brooklyn Bankruptcy & Debt Lawyer

Kent Gross is a practicing lawyer in the state of New York. Mr. Gross received his J.D. from the University of California Los Angeles School of Law.

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Gehi & Associates Lawyer

Gehi & Associates

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Jackson Heights Bankruptcy & Debt Lawyer

An Internationally Renowned Law Firm Based in New York. We handle immigration cases in the United States and all over the world.

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Derek  Akiwumi Lawyer

Derek Akiwumi

VERIFIED *Status is reviewed annually. For latest information visit here
Buffalo Bankruptcy & Debt Lawyer

Derek Akiwumi, representing clients throughout WNY, has a proven reputation for getting the results you need. From criminal defense, appeals, and pers... (more)

Bernard D. Levine Lawyer

Bernard D. Levine

VERIFIED *Status is reviewed annually. For latest information visit here
Rochester Bankruptcy & Debt Lawyer

Bernard D. Levine is a practicing lawyer in the state of New York.

Richard A. Kraus Lawyer

Richard A. Kraus

New York Bankruptcy & Debt Lawyer

Proudly taking Identity Theft; Consumer Protection; Credit & Debt; and Fair Credit Reporting Act cases out of New York, New York.

Craig H. Norman

Collection
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           

Joshua G. Losardo

Condominiums, Administrative Law, Credit & Debt, Bankruptcy
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           

Robert J. Buonomo

Bankruptcy, Business Organization, Insurance, Litigation
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           

John H. Thomas

Bankruptcy, Landlord-Tenant, Real Estate, Litigation
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           

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

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800-943-8690

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LEGAL TERMS

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.

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.

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.

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.

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.

DISCHARGE (OF DEBTS)

A bankruptcy court's erasure of the debts of a person or business that has filed for bankruptcy.

CHAPTER 13 BANKRUPTCY

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your inc... (more...)
The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your income to pay all or a portion of the debts over three to five years. The minimum amount you must pay is roughly equal to the value of your nonexempt property. In addition, you must pledge your disposable net income -- after subtracting reasonable expenses -- for the period during which you are making payments. At the end of the three-to five-year period, the balance of what you owe on most debts is erased.

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.

CREDIT COUNSELING

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Unde... (more...)
Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Under the new bankruptcy law, a debtor must undergo credit counseling with an approved provider before filing for bankruptcy.

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