Orange County, FL Bankruptcy & Debt Lawyers

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Jim N. Turner Lawyer

Jim N. Turner

VERIFIED
Bankruptcy & Debt, Bankruptcy Litigation, Credit & Debt, Foreclosure

As a law firm providing experienced Attorney - Lawyer legal services, assisting Orlando and Central Florida residents with Employment Law, Contract Re... (more)

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800-796-2851

Richard A. Heller Lawyer

Richard A. Heller

VERIFIED
Bankruptcy & Debt, Estate, Divorce & Family Law

If you are reading this information, there is a good chance you need highly qualified legal representation. Our firm has been providing such represen... (more)

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407-649-7700

Roman V. Hammes

Bankruptcy, Litigation
Status:  In Good Standing           

Stuart Ferderer

Commercial Bankruptcy, Workout, Credit & Debt, Foreclosure
Status:  In Good Standing           

James Trammell Harper

Bankruptcy, Consumer Bankruptcy, Bankruptcy & Debt, Credit & Debt
Status:  In Good Standing           

R. Gregory Colvin

Farms, Family Law, Divorce, Bankruptcy
Status:  In Good Standing           

Ronda D. Westfall

Domestic Violence & Neglect, Alimony & Spousal Support, Divorce, Dissolution
Status:  In Good Standing           

Edward A. Storey

Family Law, Bankruptcy, Business Organization, Dispute Resolution
Status:  In Good Standing           

Lynn J. Hinson

Banking & Finance, Bankruptcy, Corporate, Litigation
Status:  In Good Standing           

Julie Jo Adams

Wills & Probate, Wills, Bankruptcy, Trusts
Status:  In Good Standing           

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

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

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LEGAL TERMS

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.

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.

LIQUIDATING PARTNER

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

CREDIT FILE

See credit report.

MEANS TEST

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income ... (more...)
A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income for his or her state should be allowed to file for Chapter 7 bankruptcy.

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.

FCBA

See Fair Credit Billing Act.

FDCPA

See Fair Debt Collections & Practices Act.

401(K) PLAN

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income ... (more...)
A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income taxes on the amount invested and any earnings are due until the employee withdraws money from the fund.