Thornwood Bankruptcy & Debt Lawyer, New York

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Dominick Rendina

Real Estate, Estate, Bankruptcy & Debt, Accident & Injury
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  22 Years

Robert Wayne Wolper

Tax Litigation, Real Estate Other, Employee Rights, Business Organization, Collection
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  41 Years

John Francis Mccarrick

Lawsuit & Dispute, Insurance, Business, Bankruptcy & Debt
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  39 Years

Debra Palazzo

Landlord-Tenant, Trusts, DUI-DWI, Credit & Debt
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  23 Years

Robert Aaron Benjamin

Insurance, Business, Bankruptcy & Debt
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           

Lawrence Mark Gottlieb

Real Estate, Lawsuit & Dispute, Bankruptcy & Debt
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  40 Years

Christopher D. Acosta

Estate Planning, Employee Rights, Bankruptcy, Products Liability
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  8 Years

William J. Brown

Business, Bankruptcy & Debt
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  55 Years

Leonard Sidney Baum

Lawsuit & Dispute, Intellectual Property, Bankruptcy & Debt, Accident & Injury
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           

David J. Whelan

Other, Industry Specialties, Business, Bankruptcy & Debt
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  64 Years

Free Help: Use This Form or Call 800-814-6700

Member Representative

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800-943-8690

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

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LEGAL TERMS

NONDISCHARGEABLE DEBTS

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chap... (more...)
Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chapter 13 bankruptcy, the nondischargeable debts will have to be paid in full during your plan or you will have a balance at the end of your case. Examples of nondischargeable debts include alimony and child support, most income tax debts, many student loans and debts for personal injury or death caused by drunk driving. Compare dischargeable debts.

FCBA

See Fair Credit Billing Act.

CREDITOR

A person or entity (such as a bank) to whom a debt is owed.

SUBROGATION

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off i... (more...)
A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off its injured claimant takes the legal rights the claimant has against a third party that caused the injury, and sues that third party.

GUARANTOR

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. T... (more...)
A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. The guarantor gives a 'guaranty,' which is an assurance that the debt or other obligation will be fulfilled.

NO-FAULT INSURANCE

Car insurance laws that require the insurance companies of each person in an accident to pay for medical bills and lost wages of their insured, up to a certain ... (more...)
Car insurance laws that require the insurance companies of each person in an accident to pay for medical bills and lost wages of their insured, up to a certain amount, regardless of who was at fault. The effect of no-fault insurance laws is to eliminate lawsuits in small accidents. The advantage is the prompt payment of medical bills and expenses. The downsides are that the amounts paid by no-fault policies are often not enough to fully cover a person's losses and that no-fault does not compensate for pain and suffering.

CREDIT BUREAU

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit... (more...)
A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit card companies that use the information to screen applicants for loans and credit cards. There are three major credit bureaus, Equifax, Experian and Trans Union, and they are regulated by the federal Fair Credit Reporting Act.

TOXIC TORT

A personal injury caused by exposure to a toxic substance, such as asbestos or hazardous waste. Victims can sue for medical expenses, lost wages and pain and su... (more...)
A personal injury caused by exposure to a toxic substance, such as asbestos or hazardous waste. Victims can sue for medical expenses, lost wages and pain and suffering.

UNSECURED DEBT

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only reme... (more...)
A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only remedy is to sue you and get a judgment. Compare secured debt.

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