Spring Hill Credit & Debt Lawyer, Kansas

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Robert McRorey
About | Practice Areas
Robert E. McRorey Attorney at Law
108 E Cedar P.O. Box 61 Olathe, KS 66051» view map
Bankruptcy & Debt Law
Providing Real Legal Solutions

At The Law Office of Robert E. McRorey, we are dedicated to solving the legal problems of our clients.

800-918-6860
1. Robert McRorey Olathe, KS
  Attorney at Law- KS, 1984
  University of Kansas School of Law, J.D. 1984
2. AboutRobert E. McRorey Attorney at Law
  Providing Real Legal Solutions
3. Practice AreasExpertise
  Bankruptcy & Debt Law
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Robert R. Titus

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Lawsuit & Dispute, Accident & Injury, Business, Credit & Debt, Estate

Henry David Thoreau said it best by stating, “the mass of men lead lives of quiet desperation, and go to the grave with the song still in them.” R... (more)

CONTACT

800-895-8361

7304 W. 130th Street, Overland Park, KS 66213

Dean D. Garland

Landlord-Tenant, Credit & Debt, Collection, Bankruptcy

Status: In Good Standing

FREE CONSULTATION

CONTACT

103 East Park Street, Olathe, KS 66061

Jordan Oliver Schwartz

Foreclosure, Bankruptcy, Credit & Debt, Workout

Status: In Good Standing Licensed: 16 Years

FREE CONSULTATION

CONTACT

10955 Lowell Avenue, Overland Park, KS 66210

Sheldon R. Singer

Foreclosure, Credit & Debt, Collection, Bankruptcy

Status: In Good Standing Licensed: 43 Years

CONTACT

10484 Marty St, Mission, KS 66212

Kenneth Michael Gay

Bankruptcy & Debt, Bankruptcy, Credit & Debt

Status: In Good Standing Licensed: 24 Years

CONTACT

8700 Monrovia, Lenexa, KS 66215

800-923-0641

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

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800-943-8690

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

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LEGAL TERMS

FDCPA

See Fair Debt Collections & Practices Act.

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.

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.

LIMITED LIABILITY

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or ... (more...)

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or a person who invests in a corporation (a shareholder) generally stands to lose only the amount of money invested in the business. This means that if the business folds, creditors cannot seize or sell an owner's home, car, or other personal assets.

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.

DISPOSABLE INCOME

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Ch... (more...)

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Chapter 13 plan.

SOLE PROPRIETORSHIP

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, m... (more...)

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, meaning that business profits are reported and taxed on the owner's personal tax return. Setting up a sole proprietorship is cheap and easy since no legal formation documents need be filed with any governmental agency (although tax registration and other permit and license requirements may still apply). Once you file a fictitious name statement (assuming you don't use your own name) and obtain any required basic tax permits and business licenses, you'll be in business. The main downside of a sole proprietorship is that its owner is personally liable for all business debts.

LIQUIDATING PARTNER

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

PRIORITY DEBT

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13... (more...)

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13 bankruptcy. Priority debts include alimony and child support, fees owed to the trustee and the attorney in the bankruptcy case, and wages owed to employees.

SAMPLE LEGAL CASES

Packard v. CREDIT SOLUTIONS OF AMERICA

... Credit Solutions of America, Inc. (CSA), appeals the denial of its motion to compel arbitration, or in the alternative, to dismiss for lack of jurisdiction. We reverse and remand. CSA is a Texas corporation offering debt reduction and/or resolution services to its clients through ...

Hall v. FORD MOTOR CREDIT COMPANY, INC.

... Ford Credit opined that Hall's voluntary bankruptcy filing constituted a default under the security agreement and that if Hall did not reaffirm the debt, Ford Credit would suffer a "significant impairment of the prospect of payment, performance or realization of the collateral under ...

Spring Hill Credit & Debt Lawyer, Kansas

Sponsored Law Firm

Robert E. McRorey Attorney at Law

SPONSORED LAWYERS

Robert R. Titus

Dean D. Garland

Jordan Oliver Schwartz

Sheldon R. Singer

Kenneth Michael Gay

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LEGAL TERMS

FDCPA

REDEMPTION

ADMINISTRATIVE EXPENSES

LIMITED LIABILITY

CURRENT MONTHLY INCOME

DISPOSABLE INCOME

SOLE PROPRIETORSHIP

LIQUIDATING PARTNER

PRIORITY DEBT

SAMPLE LEGAL CASES

Packard v. CREDIT SOLUTIONS OF AMERICA

Hall v. FORD MOTOR CREDIT COMPANY, INC.

Hall v. FORD MOTOR CREDIT CO. LLC

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