Newington Bankruptcy & Debt Lawyer, Connecticut, page 4

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Lee Johnson
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Johnson Law
350 Silas Deane Highway Suite 301 Wethersfield, CT 06109 » view map
Real Estate, Bankruptcy
Service. Trust. Confidence.

This Law office was built on individual service to each client, one at a time. For over 35 years we have engaged in the General Practice of Law in the State of Connecticut.

800-583-7030
1. Lee Johnson Wethersfield, CT
  Attorney At Law - CT, 1981
  WNE Law J.D 1981
2. Our Vision
  Service-Trust-Confidence-- that you can depend on.
3. Contact UsEmail or Call 24/7
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Jeffrey M. Sklarz

Litigation, Gift Taxation, Employment, Bankruptcy

Status: In Good Standing

CONTACT

701 Hebron Avenue, Glastonbury, CT 06033

Michelle A. Arace

Visa, Criminal, Bankruptcy

Status: In Good Standing Licensed: 16 Years

CONTACT

West Hartford, CT 06127

Kevin Lee Lybeck

Construction, Real Estate, Insurance, Bankruptcy

Status: In Good Standing Licensed: 38 Years

CONTACT

1 Tower Square, Hartford, CT 06183

Jordan Dianne Abbott

Commercial Real Estate, Real Estate, Employee Rights, Commercial Bankruptcy

Status: In Good Standing Licensed: 14 Years

CONTACT

185 Asylum St, Hartford, CT 06103

James J Tancredi

Litigation, Health Care Other, Business & Trade, Bankruptcy

Status: In Good Standing Licensed: 45 Years

CONTACT

242 Trumbull Street, Hartford, CT 06103

J. Bruce Sussman

Landlord-Tenant, Employment Discrimination, Collection

Status: In Good Standing

CONTACT

2086 Stanley St, New Britain, CT 06053

Gregory F Arcaro

Bankruptcy & Debt

Status: In Good Standing

CONTACT

310 Collins St, Hartford, CT 06105

Seth Jacoby

Business Successions, Business Organization, Bankruptcy Litigation, Bankruptcy

Status: In Good Standing Licensed: 30 Years

CONTACT

66 Crescent Road, Glastonbury, CT 06033

Gregory Arcaro

Bankruptcy & Debt, Bankruptcy

Status: In Good Standing

CONTACT

10 Melrose Drive, Farmington, CT 06032

Joseph Mcdonald

Reorganization, Wrongful Death, Workers' Compensation, Civil Rights

Status: Deceased

CONTACT

33 Court Street, New Britain, CT 06051

800-923-0641

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LEGAL TERMS

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.

FRAUDULENT TRANSFER

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee --... (more...)

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee -- for instance, when a debtor signs a car over to a relative to keep it out of the bankruptcy estate. Fraudulently transferred property can be recovered and sold by the trustee for the benefit of the creditors.

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.

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.

FRATERNAL BENEFIT SOCIETY BENEFITS

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal socie... (more...)

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal societies that provide benefits. Also called benefit society, benevolent society or mutual aid association benefits. Under bankruptcy laws, these benefits are virtually always considered exempt property.

C CORPORATION

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S c... (more...)

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S corporation, whose profits are passed through to shareholders and taxed on their personal returns under subchapter S of the Internal Revenue Code.

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.

UNDUE HARDSHIP

The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in t... (more...)

The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in the future to pay off the loan may be able to show that repayment would be an undue hardship.

CREDIT INSURANCE

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay o... (more...)

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay off the remaining balance. Federal and state consumer protection laws require the lender to disclose to existing and potential borrowers the terms and costs of obtaining credit insurance because it can affect the terms of the loan.

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Newington Bankruptcy & Debt Lawyer, Connecticut, page 4

Sponsored Law Firm

Johnson Law

SPONSORED LAWYERS

Jeffrey M. Sklarz

Michelle A. Arace

Kevin Lee Lybeck

Jordan Dianne Abbott

James J Tancredi

J. Bruce Sussman

Gregory F Arcaro

Seth Jacoby

Gregory Arcaro

Joseph Mcdonald

TIPS

LEGAL TERMS

UNSECURED DEBT

FRAUDULENT TRANSFER

INTEREST

ADMINISTRATIVE EXPENSES

FRATERNAL BENEFIT SOCIETY BENEFITS

C CORPORATION

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

UNDUE HARDSHIP

CREDIT INSURANCE

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