Pahokee Credit & Debt Lawyer, Florida, page 10

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Michael Johnson
About | Practice Areas
Law Offices Of Michael H. Johnson, P.A.
3601 W. Commercial Blvd Suite 31 Fort Lauderdale, FL 33309» view map
Bankruptcy & Debt
Experienced Legal Guidance

I know how important getting out of debt can be, and I’m committed to providing innovative, effective solutions to help you have a brighter future.

800-773-6441
1. Michael Johnson Fort Lauderdale, FL
  Attorney at Law, FL
  Shepard Broad Law Center, J.D. 1998
2. AboutLaw Offices Of Michael H. Johnson, P.A.
  Experienced Legal Guidance
3. Practice AreasExpertise
  Bankruptcy & Debt
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Kevin Matthew Kennedy

Litigation, Civil Rights, Corporate, Credit & Debt

Status: Licensed: 17 Years

CONTACT

2101 Nw Corporate Blvd, Boca Raton, FL 33431

Kristina Bianca Moehle

Collection, Securities, Family Law, Credit & Debt

Status: Licensed: 10 Years

CONTACT

887 Donald Ross Rd, West Palm Beach, FL 33408

Larry Corman

Credit & Debt, Civil Rights, Employee Rights, Construction

Status:

CONTACT

2255 Glades Rd, Boca Raton, FL 33431

Larry Tyson Cortez

Consumer Bankruptcy, Estate Planning, Commercial Real Estate, Condominiums, Credit & Debt

Status: Licensed: 15 Years

CONTACT

840 Us Highway 1, West Palm Beach, FL 33408

Larry Mark Mesches

Credit & Debt, Corporate, Civil Rights, Trusts

Status: Licensed: 47 Years

CONTACT

4400 Pga Blvd, West Palm Beach, FL 33410

Laura Ashley Jackson

Credit & Debt, Criminal, Visa, Motor Vehicle

Status: Licensed: 15 Years

CONTACT

660 Dover St, Boca Raton, FL 33487

Laura Elizabeth Kenney

Family Law, Criminal, Consumer Protection, Credit & Debt

Status: Licensed: 17 Years

CONTACT

1931 Commerce Lane, Jupiter, FL 33458

Lenore Michelle Rosetto Parr

Bankruptcy & Debt, Bankruptcy, Credit & Debt

Status: Licensed: 17 Years

CONTACT

12150 Colony Preserve Dr, Boynton Beach, FL 33436

Les Colton Shields

Products Liability, Credit & Debt, Corporate, Elder Law

Status: Licensed: 32 Years

CONTACT

685 Royal Palm Beach Blvd, West Palm Beach, FL 33411

Leticia Maria Piloto-Rodriguez

Credit & Debt, Corporate, Civil Rights, Dispute Resolution

Status: Licensed: 21 Years

CONTACT

205 Datura St, West Palm Beach, FL 33401

800-814-6700

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LEGAL TERMS

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.

CREDIT REPORT

An account of your credit history, prepared by a credit bureau. A credit report will contain both credit history, such as what you owe to whom and whether you m... (more...)

An account of your credit history, prepared by a credit bureau. A credit report will contain both credit history, such as what you owe to whom and whether you make the payments on time, as well as personal history, such as your former addresses, employment record and lawsuits in which you have been involved. An estimated 50% of all credit reports contain errors, such as accounts that don't belong to you, an incorrect account status or information reported that is older than seven years (ten years in the case of a bankruptcy).

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.

SUBROGATION

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off i... (more...)

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off its injured claimant takes the legal rights the claimant has against a third party that caused the injury, and sues that third party.

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.

ACCORD AND SATISFACTION

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collectin... (more...)

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collecting as much money as they can from debtors who cannot pay the full amount.

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.

LOSS DAMAGE WAIVER (LDW)

Rental car insurance that makes the rental car company responsible for damage to or theft of a rental car. This insurance is a major consumer ripoff, as it ofte... (more...)

Rental car insurance that makes the rental car company responsible for damage to or theft of a rental car. This insurance is a major consumer ripoff, as it often duplicates coverage provided by the renter's regular car insurance and/or the credit card she uses to rent the car. Nevertheless, hard-sell practices by rental car agents often dupe people into buying LDWs they don't really need. LDW is also called 'collision damage waiver.'

S CORPORATION

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status fro... (more...)

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status from the Internal Revenue Service. Electing to do business as an S corporation lets shareholders enjoy limited liability status, as would be true of any corporation, but be taxed like a partnership or sole proprietor. That is, instead of being taxed as a separate entity (as would be the case with a regular or C corporation) an S corporation is a pass-through tax entity: income taxes are reported and paid by the shareholders, not the S corporation. To qualify as an S corporation a number of IRS rules must be met, such as a limit of 75 shareholders and citizenship requirements.

SAMPLE LEGAL CASES

Rogers v. Rogers

... In addition to these few assets, the parties accumulated various debts during the marriage. Besides the loan on the Mountaineer, the parties had credit card debt totaling approximately $5000. The parties also owed $23,707.21 on the Wife's student loan. ...

Cunningham v. MBNA AMERICA BANK, NA

... 5th DCA 2004). Such a reading of the counterclaim demonstrates that Mr. Cunningham's claims for violations of the FDCPA and the FCCPA, and for abuse of process, attack MBNA's alleged misuse of the arbitration process to secure payment of a credit card debt. ...

Morgan v. Wilkins

... any person who offers or extends credit creating a debt or to whom a debt is owed, but does not include any person to the extent they receive an assignment or transfer of a debt in default solely for the purpose of facilitating collection of such debt for another. (Emphasis added). ...

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Pahokee Credit & Debt Lawyer, Florida, page 10

Sponsored Law Firm

Law Offices Of Michael H. Johnson, P.A.

SPONSORED LAWYERS

Kevin Matthew Kennedy

Kristina Bianca Moehle

Larry Corman

Larry Tyson Cortez

Larry Mark Mesches

Laura Ashley Jackson

Laura Elizabeth Kenney

Lenore Michelle Rosetto Parr

Les Colton Shields

Leticia Maria Piloto-Rodriguez

TIPS

LEGAL TERMS

REDEMPTION

CREDIT REPORT

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

SUBROGATION

C CORPORATION

ACCORD AND SATISFACTION

WINDING UP

LOSS DAMAGE WAIVER (LDW)

S CORPORATION

SAMPLE LEGAL CASES

Rogers v. Rogers

Cunningham v. MBNA AMERICA BANK, NA

Morgan v. Wilkins

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