Oneida County, NY Workout Lawyers, page 3

Sponsored Law Firm


Michael N. Kalil

Family Law, Business Organization, Banking & Finance, Collection, Child Custody
Status:  In Good Standing           Licensed:  38 Years

Clifford Craig Eisenhut

Divorce & Family Law, Bankruptcy
Status:  In Good Standing           Licensed:  17 Years

John J. Raspante

Divorce & Family Law, Misdemeanor, Criminal, Accident & Injury
Status:  In Good Standing           

Justin Michael Nackley

Wills & Probate, Wrongful Termination, Workers' Compensation, Collection
Status:  In Good Standing           

Joseph Anthony Detraglia

Wrongful Termination, Family Medical Leave Act (FMLA), Employment Discrimination, Employment
Status:  In Good Standing           

John J. Livingston

Real Estate, Lawsuit & Dispute, Intellectual Property, Business
Status:  In Good Standing           

Peter Michael Hobaica

Estate, Criminal, Bankruptcy, Accident & Injury, Personal Injury
Status:  In Good Standing           Licensed:  40 Years

Ralph William Fusco

Commercial Real Estate, Wills, Personal Injury, Accident & Injury
Status:  In Good Standing           Licensed:  54 Years

Anthony Joseph Brindisi

Mass Torts, Civil Rights, Personal Injury, Medical Malpractice
Status:  In Good Standing           Licensed:  21 Years

Kenneth L. Bobrow

Wills & Probate, Sexual Harassment, Medical Malpractice, Car Accident
Status:  In Good Standing           

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LEGAL TERMS

FCBA

See Fair Credit Billing Act.

LIQUIDATING PARTNER

The member of an insolvent or dissolving partnership responsible for paying the debts and settling the accounts of the partnership.

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.

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.

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.

FDCPA

See Fair Debt Collections & Practices Act.

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.

FAIR CREDIT REPORTING ACT (FCRA)

A federal law that is designed to prevent inaccurate or obsolete information from entering or remaining in a credit report. The law requires credit bureaus to a... (more...)
A federal law that is designed to prevent inaccurate or obsolete information from entering or remaining in a credit report. The law requires credit bureaus to adopt reasonable procedures for gathering, maintaining and disseminating information and bars credit bureaus from reporting negative information that is older than seven years, except a bankruptcy, which may be reported for ten. If you notify a credit bureau of an error in your credit report, the FCRA requires the bureau to investigate your allegations within 30 days, review all information you provide, remove inaccurate and unverified information and adopt procedures to keep the information from reappearing. In addition, the law requires that creditors refrain from reporting incorrect information to credit bureaus.

DOING BUSINESS AS (DBA)

A situation in which a business owner operates a company under a name different from his or her real name. The owner must file a 'fictitious name statement' or ... (more...)
A situation in which a business owner operates a company under a name different from his or her real name. The owner must file a 'fictitious name statement' or similar document with the appropriate agency -- for example, the county clerk. This enables consumers to discover the names of the business owners, which is important if a consumer needs to sue the business.

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