Philadelphia Bankruptcy Lawyer, Pennsylvania, page 2

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Chuck Douglas
About | Practice Areas
Wakhisi-Douglas LLC
1650 Market Street Suite 3600 Philadelphia, PA 19103» view map
Bankruptcy & Debt
We Fight Back and Win in Court

We’ve won hundreds of cases, and we’ve developed a reputation for resolving complex disputes favorably for our clients.

800-978-8941
1. Chuck Douglas Philadelphia, PA
  Attorney at Law- GA
  Georgia State University College of Law, J.D. 2009
2. AboutWakhisi-Douglas LLC
  We Fight Back and Win in Court
3. Practice AreasExpertise
  Bankruptcy & Debt
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2. Email
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Includes: Bankruptcy Litigation, Commercial Bankruptcy, Consumer Bankruptcy, Dissolution

Michael S. Schwartz

Bankruptcy, Foreclosure, Credit & Debt, Bankruptcy

Status: In Good Standing

FREE CONSULTATION

CONTACT

707 Lakeside Office Park, Street and Stump Roads, Feasterville Trevose, PA 19053

David L. Black

Age Discrimination, Americans with Disabilities Act , Bankruptcy Litigation, Commercial Leasing

Status: In Good Standing

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Union Meeting Corporate Center, 910 Harvest Drive, Blue Bell, PA 19422

David R. Black

Consumer Protection, Corporate, Business Organization, Consumer Bankruptcy

Status: In Good Standing

FREE CONSULTATION

CONTACT

327 West Front Street, Media, PA 19063

Stanton M. Lacks

Bankruptcy, Collection, Criminal, DUI-DWI

Status: In Good Standing

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Glenview Corporate Center, 3220 Tillman Drive, Bensalem, PA 19020

Lewis Goodman

State and Local, Wills & Probate, Corporate, Bankruptcy

Status: In Good Standing

FREE CONSULTATION

CONTACT

2605 North Broad Street, Lansdale, PA 19446

David B. Myers

Condominiums, Commercial Real Estate, Commercial Leasing, Dissolution

Status: In Good Standing

CONTACT

123 E. Linden St., Kennett Square, PA 19348

Allan K. Marshall

Landlord-Tenant, Contract, Credit & Debt, Bankruptcy

Status: In Good Standing Licensed: 42 Years

CONTACT

1819 JFK Blvd, Philadelphia, PA 19103

Leslie Beth Baskin

Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 43 Years

CONTACT

1635 Market St, Philadelphia, PA 19103

David B. Picker

Complex Litigation, Corporate, Contract, Bankruptcy

Status: In Good Standing Licensed: 44 Years

CONTACT

1635 Market St, Philadelphia, PA 19103

Lawrence G. McMichael

Litigation, Insurance, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 46 Years

CONTACT

1500 Market St, Philadelphia, PA 19102

800-923-0641

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LEGAL TERMS

FCRA

See Fair Credit Reporting 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.

UNDUE HARDSHIP

The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in t... (more...)

The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in the future to pay off the loan may be able to show that repayment would be an undue hardship.

UNSECURED DEBT

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only reme... (more...)

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only remedy is to sue you and get a judgment. Compare secured debt.

FRATERNAL BENEFIT SOCIETY BENEFITS

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal socie... (more...)

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal societies that provide benefits. Also called benefit society, benevolent society or mutual aid association benefits. Under bankruptcy laws, these benefits are virtually always considered exempt property.

DEBT COLLECTOR

A person who works in the in-house collections department of an original creditor or a collection agency to track down debtors and get them to pay what they owe... (more...)

A person who works in the in-house collections department of an original creditor or a collection agency to track down debtors and get them to pay what they owe. Debt collectors can be relentless, often using scare tactics, humiliation and repeated phone calls to extract payments or promises to pay.

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.

FCBA

See Fair Credit Billing Act.

INTEREST

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to ... (more...)

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to your balance. This means that if your loan or credit line has an interest rate of 8%, the holder adds 8% to the balance each year. More specifically, interest is calculated and added to your loan or credit line through a process called compounding. If interest is compounded daily, the balance will rise by 1/365th of 8% each day. If interest is compounded monthly, the balance will rise 1/12th of 8% at the start of each month.

SAMPLE LEGAL CASES

Stoeckinger v. Presidential Financial Corp.

... Stoeckinger argues that the trial court erred in determining that his claims were barred by res judicata due to a prior bankruptcy proceeding involving the parties herein. For the following reasons, we affirm. ... 5 On or about April 16, 2004, Sol-9 filed for bankruptcy. SR at 53b. ...

Zokaites v. Pittsburgh Irish Pubs, LLC

... execution and unsuccessfully attempted to collect his judgment. Thereafter, on September 4, 2007 [Appellee] Pittsburgh Irish Pubs, LLC filed for bankruptcy under Chapter 11. In an attempt to collect the outstanding judgment ...

In re Ullman

... They argue that statements, which they attribute to Jones and WFJ, made in legal arguments in a bankruptcy and a civil proceeding were false. They argue that these statements were that a bankruptcy claim of [Appellant] and ...

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Philadelphia Bankruptcy Lawyer, Pennsylvania, page 2

Sponsored Law Firm

Wakhisi-Douglas LLC

SPONSORED LAWYERS

Michael S. Schwartz

David L. Black

David R. Black

Stanton M. Lacks

Lewis Goodman

David B. Myers

Allan K. Marshall

Leslie Beth Baskin

David B. Picker

Lawrence G. McMichael

TIPS

LEGAL TERMS

FCRA

CREDIT INSURANCE

UNDUE HARDSHIP

UNSECURED DEBT

FRATERNAL BENEFIT SOCIETY BENEFITS

DEBT COLLECTOR

REDEMPTION

FCBA

INTEREST

SAMPLE LEGAL CASES

Stoeckinger v. Presidential Financial Corp.

Zokaites v. Pittsburgh Irish Pubs, LLC

In re Ullman

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