Tabor City Reorganization Lawyer, North Carolina

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George Oliver
About | Practice Areas
Oliver & Cheek, PLLC
405 Middle Street New Bern, NC 28560» view map
Bankruptcy & Debt Law
Your Business Partner

Oliver & Cheek, PLLC is a full service business firm providing a wide range of legal services to clients in North Carolina.

252-633-1930
1. George Oliver New Bern, NC
  Attorney at Law- NJ, 1999
  University of North Carolina School of Law, J.D. 1999
2. AboutOliver & Cheek, PLLC
  Your Business Partner
3. Practice AreasExpertise
  Bankruptcy & Debt Law
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Not enough matches for Tabor City Reorganization lawyer.
Below are all Tabor City lawyers.

R. C. Soles

Family Law, Criminal, Insurance, Corporate, Personal Injury

Status: In Good Standing

CONTACT

108 Live Oak St., Tabor City, NC 28463

Joseph L. Ray

Criminal, Family Law, Insurance, Personal Injury, Real Estate

Status: In Good Standing

CONTACT

108 Live Oak St., Tabor City, NC 28463

O. Richard Wright

Real Estate, Social Security -- Disability, Wills, Estate Planning

Status: In Good Standing

FREE CONSULTATION

CONTACT

200 South Lewis Street, Tabor City, NC 28463

Amanda B. Prince

General Practice

Status: In Good Standing

CONTACT

108 Live Oak St., Tabor City, NC 28463

S. Elizabeth Prince

General Practice

Status: In Good Standing

FREE CONSULTATION

CONTACT

200 South Lewis Street, Tabor City, NC 28463

Paul Jeffrey Ekster

Litigation, Family Law, DUI-DWI, Criminal, Personal Injury

Status: In Good Standing Licensed: 25 Years

CONTACT

200 Wall Street, Tabor City, NC 28463

William W. Phipps

General Practice

Status: In Good Standing Licensed: 46 Years

CONTACT

905 Pireway Rd, Tabor City, NC 28463

William W. Phipps

Criminal

Status: In Good Standing Licensed: 46 Years

CONTACT

905 Pireway Rd, Tabor City, NC 28463

Paul J. Ekster

Lawsuit & Dispute, Employment, Divorce & Family Law, Accident & Injury

Status: In Good Standing Licensed: 24 Years

CONTACT

Tabor City, NC 28463

Jerry A. Jolly

General Practice

Status: In Good Standing Licensed: 45 Years

CONTACT

Tabor City, NC 28463

800-923-0641

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LEGAL TERMS

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.

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.

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.

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.

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.

DISCHARGEABLE DEBTS

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bill... (more...)

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bills and medical bills. Compare nondischargeable debts.

LIQUIDATING PARTNER

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

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.

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.

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Tabor City Reorganization Lawyer, North Carolina

Sponsored Law Firm

Oliver & Cheek, PLLC

SPONSORED LAWYERS

R. C. Soles

Joseph L. Ray

O. Richard Wright

Amanda B. Prince

S. Elizabeth Prince

Paul Jeffrey Ekster

William W. Phipps

William W. Phipps

Paul J. Ekster

Jerry A. Jolly

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LEGAL TERMS

LIMITED LIABILITY

PRIORITY DEBT

CHAPTER 13 BANKRUPTCY

CURRENT MONTHLY INCOME

SECURED DEBT

DISCHARGEABLE DEBTS

LIQUIDATING PARTNER

BULK SALES LAW

UNDUE HARDSHIP

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