Overland Park Bankruptcy & Debt Lawyer, Kansas

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David S. Adams Lawyer

David S. Adams

VERIFIED
Accident & Injury, Bankruptcy & Debt, Workers' Compensation, Medical Malpractice

For over 20 years, we have been providing effective and affordable legal services for individuals and families. When an accident or injury occurs, ... (more)

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913-782-5500

Kevin E. Dellett Lawyer

Kevin E. Dellett

VERIFIED
Criminal, Motor Vehicle, Collection

Kevin E. Dellett is an accomplished trial attorney who handles legal issues including collection cases & landlord/tenant disputes (representing both p... (more)

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800-881-4691

Robert R. Titus Lawyer

Robert R. Titus

VERIFIED
Lawsuit & Dispute, Accident & Injury, Business, Credit & Debt, Estate

Henry David Thoreau said it best by stating, “the mass of men lead lives of quiet desperation, and go to the grave with the song still in them.” R... (more)

Robert Eldon McRorey Lawyer

Robert Eldon McRorey

VERIFIED
Bankruptcy & Debt
Providing Real Legal Solutions To Real People For More Than 30 Years.

Robert E. McRorey is a practicing attorney in the state of Kanasas. He graduated from University of Kansas School of Law with his J.D. in 1984. He cur... (more)

Dean D. Garland

Landlord-Tenant, Credit & Debt, Collection, Bankruptcy
Status:  In Good Standing           

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Jeffrey A. Koons

Bankruptcy
Status:  In Good Standing           

Joshua Mathews

Child Support, Corporate, Business Organization, Bankruptcy
Status:  In Good Standing           

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Michael Grear

Consumer Protection, Corporate, Consumer Bankruptcy, Bankruptcy
Status:  In Good Standing           

Ray Kowalczewski

Bankruptcy, Corporate, Business Organization, Business Successions
Status:  In Good Standing           

Ronald C. Rundberg

Litigation, Family Law, Corporate, Collection
Status:  In Good Standing           

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Lawyer.com can help you easily and quickly find Overland Park Bankruptcy & Debt Lawyers and Overland Park Bankruptcy & Debt Law Firms. Refine your search by specific Bankruptcy & Debt practice areas such as Bankruptcy, Collection, Credit & Debt, Reorganization and Workout matters.

LEGAL TERMS

REAFFIRMATION

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing deb... (more...)
An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing debt after the bankruptcy case is over. For instance, a debtor might make a reaffirmation agreement with the holder of a car note that the debtor can keep the car and must continue to pay the debt after bankruptcy.

DISCHARGE (OF DEBTS)

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

REDEMPTION

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump s... (more...)
In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump sum. For example, a debtor may redeem a car note by paying the lender the amount a retail vendor would charge for the car, considering its age and condition.

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.

CREDITOR

A person or entity (such as a bank) to whom a debt is owed.

CREDIT BUREAU

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit... (more...)
A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit card companies that use the information to screen applicants for loans and credit cards. There are three major credit bureaus, Equifax, Experian and Trans Union, and they are regulated by the federal Fair Credit Reporting Act.

WORKOUT

A debtor's plan to take care of a debt, by paying it off or through loan forgiveness. Workouts are often created to avoid bankruptcy or foreclosure proceedings.

LIMITED LIABILITY

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or ... (more...)
The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or a person who invests in a corporation (a shareholder) generally stands to lose only the amount of money invested in the business. This means that if the business folds, creditors cannot seize or sell an owner's home, car, or other personal assets.

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.