Walton Bankruptcy & Debt Lawyer, New York

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Edward Marshall Gartell

Real Estate, Bankruptcy & Debt
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  56 Years

Michael Alan Brush

Family Law, Divorce & Family Law, Criminal, Collection
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  57 Years

Carol Ann Malz

Real Estate, Bankruptcy & Debt
Status:  Inactive *Status is reviewed annually. For latest information visit here           Licensed:  33 Years

Rosemarie Richards

Bankruptcy, Family Law, Adoption, Real Estate
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  24 Years

Joseph A. Episcopio

Bankruptcy & Debt, Accident & Injury
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  21 Years

Theodore Richard Rogowski

Copyright, Estate Planning, Corporate, Commercial Bankruptcy
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  67 Years

Rosemarie Anne Richards

Family Law, Divorce, Child Custody, Bankruptcy
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  24 Years

Diana Goldberg Adams

Bankruptcy, Mediation
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  36 Years

Donald M. Sukloff

International, Family Law, Divorce & Family Law, Bankruptcy & Debt
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           

Frederick John Meagher

Divorce & Family Law, Criminal, Bankruptcy & Debt, Accident & Injury
Status:  Suspended *Status is reviewed annually. For latest information visit here           Licensed:  53 Years

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

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800-943-8690

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LEGAL TERMS

WINDING UP

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, a... (more...)
The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, all with the ultimate goal of liquidating or closing down a corporation or partnership.

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.

CHAPTER 13 PLAN

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to ... (more...)
A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to pay all mandatory debts -- for example, back child support, taxes, and mortgage arrearages -- as well as some or all unsecured, nonpriority debts, such as medical and credit card bills.

MEANS TEST

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income ... (more...)
A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income for his or her state should be allowed to file for Chapter 7 bankruptcy.

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.

FDCPA

See Fair Debt Collections & Practices Act.

ACCORD AND SATISFACTION

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collectin... (more...)
An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collecting as much money as they can from debtors who cannot pay the full amount.

HOUSEHOLDER

A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a ho... (more...)
A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a homestead exemption and possibly other exemptions relating to the maintenance of the household.

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.'

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