Sewaren Reorganization Lawyer, New Jersey

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800-814-6700

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Mark A Baumgarten

Corporate, Personal Injury, Reorganization
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           

W. Raymond Felton

Securities, Corporate, Banking & Finance, Reorganization
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           

Warren Brumel

Credit & Debt, Reorganization, Workout, Bankruptcy & Debt
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  44 Years

FREE CONSULTATION 

CONTACT

Michael J. Vincente

Insurance, Reorganization, Personal Injury, Civil Rights
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           

Adam M Brown

International, Reorganization, Tax, Freedom of Religion, International Tax
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  17 Years

Sean Devlin

Real Estate, Trusts, Estate, Reorganization
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           

Cassye Maureen Cole

Litigation, Trusts, White Collar Crime, Reorganization
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  10 Years

Steven Daniel Pertuz

Bankruptcy & Debt, Real Estate, Credit & Debt, Foreclosure, Reorganization
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  24 Years

FREE CONSULTATION 

CONTACT

Michele K. Jaspan

Litigation, Lawsuit & Dispute, Reorganization, Bankruptcy, Banking & Finance
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  38 Years

Steven Bernard Fuerst

Corporate, Banking & Finance, Reorganization
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  54 Years

Free Help: Use This Form or Call 800-814-6700

Member Representative

Call me for fastest results!
800-943-8690

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

By submitting this lawyer request, I confirm I have read and agree to the Consent to Receive Messages from all messaging and voice technologies including Email, Text, Phone, Terms of Use, and Privacy Policy. Information provided is not privileged or confidential.

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LEGAL TERMS

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.

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.

DEBIT CARD

A card issued by a bank that combines the functions of an ATM card and checks. A debit card can be used to withdraw cash at a bank like an ATM card, and it can ... (more...)
A card issued by a bank that combines the functions of an ATM card and checks. A debit card can be used to withdraw cash at a bank like an ATM card, and it can also be used at stores to pay for goods and services in place of a check. Unlike a credit card, a debit card automatically withdraws money from your checking account at the time of the transaction. Debit cards are regulated by the Electronic Funds Transfer Act.

FAIR DEBT COLLECTIONS & PRACTICES ACT (FDCPA)

A federal law that outlaws unfair debt collection practices, including lying, harassing, misleading and otherwise abusing debtors, by debt collectors working fo... (more...)
A federal law that outlaws unfair debt collection practices, including lying, harassing, misleading and otherwise abusing debtors, by debt collectors working for collection agencies. The law does not apply to creditors collecting their own debts. This law has greatly improved conditions for debtors, although more than a few debt collectors ignore the law. If a collection agency violates the law, debtors can contact the Federal Trade Commission for help.

COLLECTION AGENCY

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the d... (more...)
A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the debt themselves, typically through letters (called 'dunning' letters) and telephone calls. Collection agencies are regulated by the federal Fair Debt Collection Practices Act. Unfortunately, too many collectors ignore this law.

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.

CCCS

See Consumer Credit Counseling Service.

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.

DISCHARGE (OF DEBTS)

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

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