Suffield Bankruptcy & Debt Lawyer, Connecticut

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Lee Johnson
Our Vision | Contact Us
Johnson Law
350 Silas Deane Highway Suite 301 Wethersfield, CT 06109 » view map
Real Estate, Bankruptcy
Service. Trust. Confidence.

This Law office was built on individual service to each client, one at a time. For over 35 years we have engaged in the General Practice of Law in the State of Connecticut.

800-583-7030
1. Lee Johnson Wethersfield, CT
  Attorney At Law - CT, 1981
  WNE Law J.D 1981
2. Our Vision
  Service-Trust-Confidence-- that you can depend on.
3. Contact UsEmail or Call 24/7
  Call today for your initial consultation
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Robert Joseph Williams

Lawsuit & Dispute, Divorce & Family Law, Bankruptcy & Debt, Accident & Injury

Status: In Good Standing Licensed: 35 Years

CONTACT

123 Mountain Road, Suffield, CT 06078

John M Wyzik

Power of Attorney, Real Estate, Trusts, Household Mold, Collection

Status: In Good Standing Licensed: 49 Years

CONTACT

744 Hill Street, Suffield, CT 06078

Keith Keating Fuller

Other, Lawsuit & Dispute, Bankruptcy & Debt

Status: In Good Standing Licensed: 26 Years

CONTACT

107 Randall Drive, Suffield, CT 06078

Paige Marie Vaillancourt

Corporate, Bankruptcy

Status: In Good Standing

CONTACT

5104A Bigelow Commons, Enfield, CT 06082

Susan M Williams

Real Estate, Corporate, Credit & Debt, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

CONTACT

146 High Street, Enfield, CT 06082

Susan M. Williams

Real Estate, Bad Faith Insurance, Banking & Finance, Bankruptcy

Status: In Good Standing Licensed: 34 Years

CONTACT

146 High Street, Enfield, CT 06082

Stefan Robert Sjoberg

General Practice

Status: In Good Standing

CONTACT

131 Pleasant View Drive, Suffield, CT 06078

Erin M Field

Criminal, Collection, Personal Injury, Accident & Injury

Status: In Good Standing Licensed: 32 Years

CONTACT

308 Enfield Street, Enfield, CT 06082

Alyssa S. Pershan

Dispute Resolution, Business Organization, Child Support, Collection

Status: In Good Standing Licensed: 22 Years

CONTACT

18 Suffield Street, Windsor Locks, CT 06096

James Robert Byrne

Tax, Litigation, Corporate, Bankruptcy

Status: In Good Standing Licensed: 30 Years

CONTACT

67 Post Road, Enfield, CT 06082

800-923-0641

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LEGAL TERMS

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.

S CORPORATION

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status fro... (more...)

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status from the Internal Revenue Service. Electing to do business as an S corporation lets shareholders enjoy limited liability status, as would be true of any corporation, but be taxed like a partnership or sole proprietor. That is, instead of being taxed as a separate entity (as would be the case with a regular or C corporation) an S corporation is a pass-through tax entity: income taxes are reported and paid by the shareholders, not the S corporation. To qualify as an S corporation a number of IRS rules must be met, such as a limit of 75 shareholders and citizenship requirements.

GRACE PERIOD

A period of time during which you are not required to make payments on a debt. For example, most credit cards give you a grace period of 20-30 days before you h... (more...)

A period of time during which you are not required to make payments on a debt. For example, most credit cards give you a grace period of 20-30 days before you have to pay interest on the amount of your purchases. Cash advances, however, usually have no grace period; interest begins to accumulate from the date of the withdrawal, even if you pay your bills on time. Also, some student loans give you a grace period after graduating or dropping out of school. During this time, you are not required to make payments on your loan.

CREDIT COUNSELING

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Unde... (more...)

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Under the new bankruptcy law, a debtor must undergo credit counseling with an approved provider before filing for bankruptcy.

CHAPTER 13 BANKRUPTCY

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your inc... (more...)

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your income to pay all or a portion of the debts over three to five years. The minimum amount you must pay is roughly equal to the value of your nonexempt property. In addition, you must pledge your disposable net income -- after subtracting reasonable expenses -- for the period during which you are making payments. At the end of the three-to five-year period, the balance of what you owe on most debts is erased.

PRESUMED ABUSE

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means te... (more...)

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means test, the court will presume that the debtor has sufficient income to fund a Chapter 13 plan. In this situation, the debtor will not be allowed to proceed with a Chapter 7 bankruptcy unless the debtor can prove that he or she is not abusing the Chapter 7 bankruptcy remedy.

LOSS DAMAGE WAIVER (LDW)

Rental car insurance that makes the rental car company responsible for damage to or theft of a rental car. This insurance is a major consumer ripoff, as it ofte... (more...)

Rental car insurance that makes the rental car company responsible for damage to or theft of a rental car. This insurance is a major consumer ripoff, as it often duplicates coverage provided by the renter's regular car insurance and/or the credit card she uses to rent the car. Nevertheless, hard-sell practices by rental car agents often dupe people into buying LDWs they don't really need. LDW is also called 'collision damage waiver.'

BULK SALES LAW

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to ... (more...)

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to conduct a bulk sale of business assets -- that is, get rid of an unusually large amount of inventory, merchandise or equipment -- the business owner must typically publish a notice of the sale and give written notice to creditors. Then, the owner must set up an account to hold the funds from the sale for a brief period of time during which creditors may make claims against the money. The prohibition against bulk sales is spelled out in the Uniform Commercial Code -- and laws modeled on the UCC have been generally adopted throughout the country.

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.

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Suffield Bankruptcy & Debt Lawyer, Connecticut

Sponsored Law Firm

Johnson Law

SPONSORED LAWYERS

Robert Joseph Williams

John M Wyzik

Keith Keating Fuller

Paige Marie Vaillancourt

Susan M Williams

Susan M. Williams

Stefan Robert Sjoberg

Erin M Field

Alyssa S. Pershan

James Robert Byrne

TIPS

LEGAL TERMS

UNDUE HARDSHIP

S CORPORATION

GRACE PERIOD

CREDIT COUNSELING

CHAPTER 13 BANKRUPTCY

PRESUMED ABUSE

LOSS DAMAGE WAIVER (LDW)

BULK SALES LAW

C CORPORATION

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