Temecula Bankruptcy & Debt Lawyer, California, page 2

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Ethan Chin
About | Practice Areas
Ethan Chin Law
2400 East Katella Ave. Suite 800 Anaheim, CA 92806» view map
Bankruptcy & Debt
Passion. Dedication. Care.

We strive our best to provide efficient legal services at low cost so that families can worry less and take their first steps finding a solution to their issues.

800-908-6270
1. Ethan Chin Anaheim, CA
  Attorney at Law - CA, 2011
  University of San Diego J.D. 2011
2. AboutEthan Chin Law
  Advocating For Families
3. Practice AreasExpertise
  Bankruptcy & Debt
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Lara T. Abuzeid

Estate, Family Law, Business, Bankruptcy & Debt

Status: In Good Standing

CONTACT

43015 Black Deer Loop, Temecula, CA 92590

Stephen Hal Darrow

Bankruptcy & Debt, Accident & Injury, Lawsuit & Dispute

Status: In Good Standing Licensed: 40 Years

CONTACT

27349 Jefferson Ave, Temecula, CA 92590

C. Taylor

Criminal, DUI-DWI, Child Custody, Divorce & Family Law, Bankruptcy & Debt

Status: In Good Standing Licensed: 23 Years

FREE CONSULTATION

CONTACT

41593 Winchester Rd, Temecula, CA 92590

James T. Lillard

Visa, Estate, Divorce & Family Law, Bankruptcy & Debt

Status: In Good Standing

FREE CONSULTATION

CONTACT

41707 Winchester Road, Temecula, CA 92590

Kelsey Xuan Luu

Real Estate, Lawsuit & Dispute, Bankruptcy & Debt

Status: In Good Standing Licensed: 7 Years

CONTACT

27455 Tierra Alta Way, Temecula, CA 92590

Stephen Lee Anderson

Lawsuit & Dispute, Intellectual Property, Industry Specialties, Bankruptcy & Debt

Status: In Good Standing

CONTACT

32605 Hwy 79 S, Temecula, CA 92592

Matthew Joseph Isaacson

Consumer Protection, Securities Regulation, Collection, Consumer Bankruptcy

Status: In Good Standing Licensed: 8 Years

CONTACT

27398 Via Industria, Temecula, CA 92590

James Francis Lewis

Mass Torts, Administrative Law, Bankruptcy, Personal Injury

Status: In Good Standing Licensed: 34 Years

CONTACT

27368 Via Industria, Temecula, CA 92590

James Falk Lewin

Foreclosure, Civil Rights, Business & Trade, Collection

Status: In Good Standing Licensed: 35 Years

CONTACT

27368 Via Industria, Temecula, CA 92590

James Lewin

Foreclosure, Electronic Commerce, Federal, Collection

Status: In Good Standing Licensed: 35 Years

CONTACT

27368 Via Industria, Temecula, CA 92590

800-923-0641

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LEGAL TERMS

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.

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.

TRADE NAME

The official name of a business, the one it uses on its letterhead and bank account when not dealing with consumers.

BANKRUPTCY TRUSTEE

A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is t... (more...)

A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is to gather the debtor's nonexempt property, liquidate it and distribute it proportionally to her creditors. In a Chapter 13 case, the trustee's role is to receive the debtor's monthly payments and distribute them proportionally to her creditors.

PREFERENCE

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commer... (more...)

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commercial creditors) and within one year for insider creditors (friends, family members, and business associates). Because a preference gives the creditor who received the payment an edge over other creditors in the bankruptcy case, the trustee can recover the preference (the amount of the payment) and distribute it among all of the creditors.

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.

INFRINGEMENT (OF TRADEMARK)

Unauthorized use of a protected trademark or service mark, or use of something very similar to a protected mark. The success of a lawsuit to stop the infringeme... (more...)

Unauthorized use of a protected trademark or service mark, or use of something very similar to a protected mark. The success of a lawsuit to stop the infringement turns on whether the defendant's use causes a likelihood of confusion in the average consumer. If a court determines that the average consumer would be confused, the owner of the original mark can prevent the other's use of the infringing mark and sometimes collect damages.

BANKRUPTCY

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are ... (more...)

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are two types of bankruptcies -- liquidation, in which your debts are wiped out (discharged) and reorganization, in which you provide the court with a plan for how you intend to repay your debts. For both consumers and business, liquidation bankruptcy is called Chapter 7. For consumers, reorganization bankruptcy is called Chapter 13. Reorganization bankruptcy for consumers with an extraordinary amount of debt and for businesses is called Chapter 11. Reorganization bankruptcy for family farmers is called Chapter 12.

REAFFIRMATION

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing deb... (more...)

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing debt after the bankruptcy case is over. For instance, a debtor might make a reaffirmation agreement with the holder of a car note that the debtor can keep the car and must continue to pay the debt after bankruptcy.

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Temecula Bankruptcy & Debt Lawyer, California, page 2

Sponsored Law Firm

Ethan Chin Law

SPONSORED LAWYERS

Lara T. Abuzeid

Stephen Hal Darrow

C. Taylor

James T. Lillard

Kelsey Xuan Luu

Stephen Lee Anderson

Matthew Joseph Isaacson

James Francis Lewis

James Falk Lewin

James Lewin

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LEGAL TERMS

BULK SALES LAW

S CORPORATION

TRADE NAME

BANKRUPTCY TRUSTEE

PREFERENCE

PRIORITY DEBT

INFRINGEMENT (OF TRADEMARK)

BANKRUPTCY

REAFFIRMATION

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