Orange County, VT Bankruptcy Lawyers, page 7


Includes: Bankruptcy Litigation, Commercial Bankruptcy, Consumer Bankruptcy, Dissolution

Abigail A Winters

General Practice
Status:  In Good Standing           

Katherine Z. Pope

General Practice
Status:  In Good Standing           

Nancy A. Barbour

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

Karen Elizabeth Koskoff

General Practice
Status:  Inactive           Licensed:  42 Years
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Daniel Gilpin Childs

General Practice
Status:  Inactive           Licensed:  39 Years

Chasity A Stoots-Fonberg

General Practice
Status:  In Good Standing           

John P Rotter

General Practice
Status:  In Good Standing           

Patricia T. Meyer

General Practice
Status:  In Good Standing           

Renee Lee Snow

General Practice
Status:  In Good Standing           Licensed:  14 Years

Mary M. Hathorn

General Practice
Status:  In Good Standing           

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LEGAL TERMS

FCRA

See Fair Credit Reporting Act.

ABUSE

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because ... (more...)
Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because the debtor appears to have enough disposable income to fund a Chapter 13 repayment plan.

INFRINGEMENT (OF TRADEMARK)

Unauthorized use of a protected trademark or service mark, or use of something very similar to a protected mark. The success of a lawsuit to stop the infringeme... (more...)
Unauthorized use of a protected trademark or service mark, or use of something very similar to a protected mark. The success of a lawsuit to stop the infringement turns on whether the defendant's use causes a likelihood of confusion in the average consumer. If a court determines that the average consumer would be confused, the owner of the original mark can prevent the other's use of the infringing mark and sometimes collect damages.

CURRENT MONTHLY INCOME

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding... (more...)
As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding the bankruptcy filing. The debtor's current monthly income is used to determine whether the debtor can file for Chapter 7 bankruptcy, among other things.

BANKRUPTCY

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are ... (more...)
A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are two types of bankruptcies -- liquidation, in which your debts are wiped out (discharged) and reorganization, in which you provide the court with a plan for how you intend to repay your debts. For both consumers and business, liquidation bankruptcy is called Chapter 7. For consumers, reorganization bankruptcy is called Chapter 13. Reorganization bankruptcy for consumers with an extraordinary amount of debt and for businesses is called Chapter 11. Reorganization bankruptcy for family farmers is called Chapter 12.

TRADE NAME

The official name of a business, the one it uses on its letterhead and bank account when not dealing with consumers.

TRUTH IN LENDING ACT (TILA)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disc... (more...)
A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disclose the terms of a loan, including the total amount of the loan, the annual interest rate and the number, amount and due dates of all payments necessary to repay the loan. The TILA requires additional disclosures and places many restrictions on mortgages.

COLLATERAL

Property that guarantees payment of a secured debt.

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.

SAMPLE LEGAL CASES

Downtown Barre Dev. v. GU MARKETS OF BARRE

... terminating in 2023. Grand Union exercised several of 1175 the optional renewals but, in 2000, underwent bankruptcy and liquidation proceedings. Pursuant to the bankruptcy court order, C & S Wholesalers, Inc. purchased many ...

IN RE RICHARD A. SCHOLES, ESQ.

... The panel accepts the stipulated facts and recommendations and orders that Respondent be publicly reprimanded for substantial delays in handling three bankruptcy matters in violation of Rule 1.3 of the Vermont Rules of Professional Conduct. ...

WELLS FARGO BANK MINNESOTA, NA v. Rouleau

... if the Property or any part thereof shall become an asset in [a bankruptcy proceeding].". ... In September 2008, R&G filed for bankruptcy, triggering defendant's liability pursuant to the guaranty. [2] On February 13, 2009, Capmark Finance, Inc. ...