Pleasant Shade Bankruptcy & Debt Lawyer, Tennessee

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Divyesh R. Gopal

Corporate, Patent, Contract, Bankruptcy
Status:  In Good Standing           

FREE CONSULTATION 

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Kevin Szathmary

Wills & Probate, Bankruptcy, Tax, Estate Planning
Status:  In Good Standing           

FREE CONSULTATION 

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Berry A. Foster

Landlord-Tenant, Family Law, Juvenile Law, Collection
Status:  In Good Standing           

Michelle Day Reynolds

Alimony & Spousal Support, Adoption, Banking & Finance, Bankruptcy
Status:  In Good Standing           

FREE CONSULTATION 

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Jacquelyn Michelle Scott

Litigation, Trusts, Family Law, Reorganization
Status:  In Good Standing           Licensed:  19 Years

Jacquelyn Scott

Litigation, Trusts, Family Law, Reorganization
Status:  In Good Standing           Licensed:  19 Years

Jack Branden Bellar

Family Law, Elder Law, Corporate, Credit & Debt
Status:  In Good Standing           Licensed:  30 Years

Samuel Leach Moore

Reorganization, Estate Planning, Business, Federal Appellate Practice
Status:  In Good Standing           

Sam Moore

Bankruptcy, Banking & Finance, Business & Trade, Credit & Debt
Status:  In Good Standing           Licensed:  19 Years

Suzanne Howell

Bankruptcy, Banking & Finance, Corporate, Credit & Debt
Status:  In Good Standing           Licensed:  30 Years

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

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800-943-8690

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Lawyer.com can help you easily and quickly find Pleasant Shade Bankruptcy & Debt Lawyers and Pleasant Shade 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

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.

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.

FORBEARANCE

Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily ... (more...)
Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily postponing or reducing the borrower's payments.

FAIR LABOR STANDARDS ACT (FLSA)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements ... (more...)
A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements for overtime and places restrictions on child labor.

SECURED DEBT

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collater... (more...)
A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collateral, to satisfy the debt if you default. Compare unsecured debt.

LIMITED PARTNERSHIP

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner ... (more...)
A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner or partners (called general partners) have unlimited personal liability. The key difference between a general and limited partner concerns management decision making--general partners run the business, and limited partners, who are usually passive investors, are not allowed to make day-to-day business decisions. If they do, they risk being treated as general partners with unlimited personal liability.

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.

SECRET WARRANTY PROGRAM

A program under which a car manufacturer will make repairs for free on vehicles with persistent problems, even after the warranty has expired, in order to avoid... (more...)
A program under which a car manufacturer will make repairs for free on vehicles with persistent problems, even after the warranty has expired, in order to avoid a recall and the accompanying bad press. Secret warranties are rarely advertised by the manufacturer, so consumers must pursue the manufacturer to discover and take advantage of them. A few states require manufacturers to notify car buyers when they adopt secret warranty programs.