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Thomas McKnight
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McKnight, Thomas Kerns, LLP
1901 Wyoming Ave Suite 33 Washington, DC 20009» view map
Bankruptcy, Debt Settlement, Student Solutions
A FIRM YOU CAN TRUST

The Law Offices of Thomas Kerns McKnight is a full service consumer advocacy law firm committed to the fundamental principles of trust, transparency, and personalized treatment.

202-491-4550
1. Thomas McKnight Washington, DC
  Attorney at Law - NY, 1980
  Ohio State University, J.D. - 1972
2. AttorneysView Their Bios
  Our attorneys assist clients in a range of areas.
3. ResultsRecent Settlements
  Example: Original Debt: ,323.17, Settlement: ,475.00, Savings: ,848.17
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Thomas Kerns McKnight

✓ VERIFIED

Bankruptcy, Credit & Debt, Real Estate, Social Security -- Disability

Hourly Rates Offered To Handle Purchase/Sale Of Real Estate!

Thomas Kerns McKnight is a bankruptcy attorney and Certified Mortgage Banker (CMB) with over 45 years of experience. Mr. McKnight is a multi-faceted e... (more)

FREE CONSULTATION

CONTACT

202-491-4550

1901 Wyoming Ave, Washington, DC 20009

James Charles Bailey

✓ VERIFIED

Criminal, Employment, Bankruptcy & Debt, Business, Accident & Injury

Jim represents both individual and corporate clients in issues arising from the employment relationship. Jim has particular expertise in the litigatio... (more)

FREE CONSULTATION

CONTACT

800-645-9220

1015 18th St Nw, Washington, DC 20036

Skyler Stuart Showell

✓ VERIFIED

Bankruptcy & Debt, Employment, Estate, Lawsuit & Dispute, Real Estate

Business Lawyer proudly serving Washington, DC and the surrounding areas.

CONTACT

800-728-1281

1050 Connecticut Ave NW, Washington, DC 20035

Patrick J. Smith

Bankruptcy, Tax

Status: In Good Standing

CONTACT

1700 Pennsylvania Avenue, NW, Washington, DC 20006

Sherrie A. Smith

Bankruptcy, Consumer Bankruptcy, Workout, Foreclosure

Status: In Good Standing

FREE CONSULTATION

CONTACT

1003 K. Street, N.W., Washington, DC 20001

Joseph M. Goldberg

Bankruptcy

Status: In Good Standing

CONTACT

1115 Massachusetts Ave NW, Washington, DC 20005

Jeffrey B. Cohen

Bankruptcy, Employment, Labor Law, Litigation

Status: In Good Standing

CONTACT

1700 Pennsylvania Avenue, NW, Washington, DC 20006

Kathleen Kibler Mahoney

Bankruptcy, Criminal, Estate Planning, Family Law

Status: In Good Standing

CONTACT

1906 Sunderland Place, NW, Washington, DC 20036

Donna Williams Rucker

Administrative Law, Bankruptcy, Business Organization, Civil Rights

Status: In Good Standing

CONTACT

Rucker & Associates, P.C., Washington, DC 20006

Laurie Pyne O'Reilly

Family Law, Bankruptcy, Estate Planning, Real Estate

Status: In Good Standing

CONTACT

1050 17th St. N.W., Washington, DC 20036

800-923-0641

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LEGAL TERMS

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.

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.

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.

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.

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.

MEETING OF CREDITORS

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a f... (more...)

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a few questions. In a Chapter 7, the meeting of creditors lasts a few minutes and rarely do any creditors show up. In a Chapter 13 bankruptcy, one or two creditors may attend, especially if they disagree with some provision of your repayment plan.

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.

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.

NONEXEMPT PROPERTY

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typicall... (more...)

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typically includes valuable clothing (furs) and electronic equipment, an expensive car that's been paid off and most of the equity in your house. Compare exempt property.

Washington Bankruptcy & Debt Lawyer, District of Columbia

Sponsored Law Firm

McKnight, Thomas Kerns, LLP

SPONSORED LAWYERS

Thomas Kerns McKnight

James Charles Bailey

Skyler Stuart Showell

Patrick J. Smith

Sherrie A. Smith

Joseph M. Goldberg

Jeffrey B. Cohen

Kathleen Kibler Mahoney

Donna Williams Rucker

Laurie Pyne O'Reilly

TIPS

LEGAL TERMS

GUARANTOR

REAFFIRMATION

TOXIC TORT

PREFERENCE

LIMITED LIABILITY

MEETING OF CREDITORS

ACCORD AND SATISFACTION

CURRENT MONTHLY INCOME

NONEXEMPT PROPERTY

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