West Palm Beach Credit & Debt Lawyer, Florida, page 6

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Michael Johnson
About | Practice Areas
Law Offices Of Michael H. Johnson, P.A.
3601 W. Commercial Blvd Suite 31 Fort Lauderdale, FL 33309» view map
Bankruptcy & Debt
Experienced Legal Guidance

I know how important getting out of debt can be, and I’m committed to providing innovative, effective solutions to help you have a brighter future.

800-773-6441
1. Michael Johnson Fort Lauderdale, FL
  Attorney at Law, FL
  Shepard Broad Law Center, J.D. 1998
2. AboutLaw Offices Of Michael H. Johnson, P.A.
  Experienced Legal Guidance
3. Practice AreasExpertise
  Bankruptcy & Debt
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James Chen-Tune Tai

Trusts, Civil Rights, Contract, Credit & Debt

Status: In Good Standing Licensed: 16 Years

CONTACT

2755 S Federal Hwy, Boynton Beach, FL 33435

Lenore Michelle Rosetto Parr

Business, Credit & Debt, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 16 Years

CONTACT

12150 Colony Preserve Dr, Boynton Beach, FL 33436

Jessica Ilene Most

Dispute Resolution, Family Law, Civil Rights, Credit & Debt

Status: In Good Standing Licensed: 19 Years

CONTACT

14280 S Military Trl, Delray Beach, FL 33482

Robert Pellegrino

Employment, Credit & Debt, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

CONTACT

1615 S. Congress Avenue, Delray Beach, FL 33445

Dogan Mustafa Bengisu

International Tax, Civil Rights, Contract, Credit & Debt

Status: In Good Standing Licensed: 36 Years

CONTACT

401 W Atlantic Ave, Delray Beach, FL 33444

Paul Aaron Herman

Arbitration, Workers' Compensation, Contract, Credit & Debt

Status: In Good Standing Licensed: 40 Years

CONTACT

4801 Linton Blvd, Delray Beach, FL 33445

Lynne Stacy Kailes Ventry

Contract, Civil Rights, Litigation, Credit & Debt

Status: In Good Standing Licensed: 36 Years

CONTACT

955 Nw 17Th Ave, Delray Beach, FL 33445

Mark Anthony Kieslor

Commercial Real Estate, Real Estate, Credit & Debt, Bankruptcy

Status: In Good Standing Licensed: 11 Years

CONTACT

1615 S Congress Ave, Delray Beach, FL 33445

Steven Newburgh

Mass Torts, Litigation, Credit & Debt, Bankruptcy

Status: In Good Standing Licensed: 42 Years

CONTACT

6111 Broken Sound Pkwy Nw, Boca Raton, FL 33487

Tiffanie Ashley Feuer Waldman

Corporate, Credit & Debt, Civil Rights, Construction

Status: In Good Standing Licensed: 14 Years

CONTACT

6409 Congress Ave, Boca Raton, FL 33487

800-923-0641

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LEGAL TERMS

IRS EXPENSES

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income mu... (more...)

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income must use the IRS expenses to calculate their average net income in a Chapter 7 case, or their disposable income in a Chapter 13 case.

COLLATERAL

Property that guarantees payment of a secured debt.

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.

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.

CREDIT FILE

See credit report.

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.

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.

GENERAL PARTNER

A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners), is personally liable for all the... (more...)

A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners), is personally liable for all the business's debts and obligations. A general partner's actions can legally bind the entire business. See also partnership, limited partnership.

SETOFF

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a countercl... (more...)

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a counterclaim filed by a defendant in a lawsuit. Banks may try to exercise a setoff by taking money out of a deposit account to satisfy past due payments on a loan or credit card bill. Such an act is illegal under most circumstances.

SAMPLE LEGAL CASES

Rogers v. Rogers

... In addition to these few assets, the parties accumulated various debts during the marriage. Besides the loan on the Mountaineer, the parties had credit card debt totaling approximately $5000. The parties also owed $23,707.21 on the Wife's student loan. ...

Cunningham v. MBNA AMERICA BANK, NA

... 5th DCA 2004). Such a reading of the counterclaim demonstrates that Mr. Cunningham's claims for violations of the FDCPA and the FCCPA, and for abuse of process, attack MBNA's alleged misuse of the arbitration process to secure payment of a credit card debt. ...

Morgan v. Wilkins

... any person who offers or extends credit creating a debt or to whom a debt is owed, but does not include any person to the extent they receive an assignment or transfer of a debt in default solely for the purpose of facilitating collection of such debt for another. (Emphasis added). ...

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West Palm Beach Credit & Debt Lawyer, Florida, page 6

Sponsored Law Firm

Law Offices Of Michael H. Johnson, P.A.

SPONSORED LAWYERS

James Chen-Tune Tai

Lenore Michelle Rosetto Parr

Jessica Ilene Most

Robert Pellegrino

Dogan Mustafa Bengisu

Paul Aaron Herman

Lynne Stacy Kailes Ventry

Mark Anthony Kieslor

Steven Newburgh

Tiffanie Ashley Feuer Waldman

TIPS

LEGAL TERMS

IRS EXPENSES

COLLATERAL

LIMITED LIABILITY

S CORPORATION

CREDIT FILE

TOXIC TORT

CHAPTER 13 PLAN

GENERAL PARTNER

SETOFF

SAMPLE LEGAL CASES

Rogers v. Rogers

Cunningham v. MBNA AMERICA BANK, NA

Morgan v. Wilkins

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