Signal Mountain Bankruptcy & Debt Lawyer, Tennessee, page 4

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Brad Bradley Weeks

Construction, Litigation, Wills & Probate, Reorganization
Status:  Inactive           Licensed:  50 Years

Eron Hershey Epstein

Reorganization, Collection, Bankruptcy, Bankruptcy & Debt
Status:  In Good Standing           Licensed:  45 Years

Nelwyn Wright Inman

Litigation, Reorganization, Bankruptcy, Bankruptcy & Debt
Status:  In Good Standing           Licensed:  36 Years

Bruce C. Bailey

Litigation, Reorganization, Credit & Debt, Bankruptcy
Status:  In Good Standing           

Kara Luana West

Intellectual Property, Corporate, Reorganization, Credit & Debt
Status:  In Good Standing           Licensed:  19 Years

Robert Lawrence Dann

Commercial Real Estate, Real Estate, Wills & Probate, Credit & Debt
Status:  In Good Standing           Licensed:  43 Years

Brian Lee O'shaughnessy

Landlord-Tenant, DUI-DWI, Criminal, Collection
Status:  In Good Standing           

Brian O'shaughnessy

Landlord-Tenant, DUI-DWI, Criminal, Collection
Status:  In Good Standing           

Bill Carriger

Reorganization, Wills & Probate, Business, Federal Appellate Practice
Status:  Inactive           Licensed:  57 Years

W. B. Mitchell Carter

Litigation, DUI-DWI, Collection, Bankruptcy
Status:  In Good Standing           

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LEGAL TERMS

NONEXEMPT PROPERTY

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typicall... (more...)
The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typically includes valuable clothing (furs) and electronic equipment, an expensive car that's been paid off and most of the equity in your house. Compare exempt property.

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.

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.

LIQUIDATING PARTNER

The member of an insolvent or dissolving partnership responsible for paying the debts and settling the accounts of the partnership.

HOUSEHOLDER

A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a ho... (more...)
A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a homestead exemption and possibly other exemptions relating to the maintenance of the household.

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.

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.

COLLATERAL

Property that guarantees payment of a secured debt.

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.

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