Whites Creek Reorganization Lawyer, Tennessee

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Susan Lafferty
About | Practice Areas
Lafferty Law Firm, P.C.
1321 Murfreesboro Pike Suite 521 Nashville, TN 37217» view map
Bankruptcy & Debt
Over 30 Years Of Experience

Susan S. Lafferty is a CPA and Attorney who enjoys helping people with financial problems. She is located in Nashville, TN where she has lived for over 30 years.

800-936-9071
1. Susan Lafferty Nashville, TN
  Attorney at Law - TN, 2007
  Nashville School of Law J.D. 2006
2. AboutLafferty Law Firm, P.C.
  Over 30 Years Of Experience
3. Practice AreasExpertise
  Bankruptcy & Debt
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Timothy David Hughes

Wills & Probate, Family Law, Corporate, Reorganization

Status: In Good Standing Licensed: 18 Years

CONTACT

50 Vantage Way, Nashville, TN 37228

Mitchell Chessman

Reorganization, Credit & Debt, Bankruptcy

Status: In Good Standing

CONTACT

615 Main St, Nashville, TN 37206

Mitchell Earl Chessman

Reorganization, Credit & Debt, Bankruptcy

Status: In Good Standing

CONTACT

615 Main St, Nashville, TN 37206

Trace Blankenship

Corporate, Reorganization, Credit & Debt, Bankruptcy

Status: In Good Standing

CONTACT

511 Union St, Nashville, TN 37219

Joseph Robert Prochaska

Litigation, Natural Resources, Administrative Law, Business, Reorganization

Status: In Good Standing

CONTACT

424 Church St, Nashville, TN 37219

Nicholas Ryan Barry

Litigation, Labor Law, Reorganization, Credit & Debt

Status: In Good Standing Licensed: 12 Years

CONTACT

500 11Th Ave N, Nashville, TN 37203

Leslie Ann Garside

Dispute Resolution, Wills & Probate, Administrative Law, Reorganization

Status: In Good Standing Licensed: 13 Years

CONTACT

1104 Fatherland St, Nashville, TN 37206

Tony Anthony Saunders

Litigation, Wills & Probate, Reorganization, Credit & Debt

Status: In Good Standing Licensed: 43 Years

CONTACT

333 Commerce Street, Nashville, TN 37201

Craig Gabbert

Construction, Mediation, Litigation, Reorganization

Status: In Good Standing

CONTACT

333 Commerce Street, Nashville, TN 37201

Marshall Loyd Hix

Litigation, Wills & Probate, Insurance, Reorganization

Status: Inactive Licensed: 42 Years

CONTACT

333 Commerce Street, Nashville, TN 37201

800-923-0641

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LEGAL TERMS

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemp... (more...)

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemptible because it has been damaged or destroyed.

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.

DISPOSABLE INCOME

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Ch... (more...)

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Chapter 13 plan.

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.

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.

PRESUMED ABUSE

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means te... (more...)

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means test, the court will presume that the debtor has sufficient income to fund a Chapter 13 plan. In this situation, the debtor will not be allowed to proceed with a Chapter 7 bankruptcy unless the debtor can prove that he or she is not abusing the Chapter 7 bankruptcy remedy.

GARNISHMENT

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if ... (more...)

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if she loses a lawsuit filed by the creditor. Up to 25% of a person's wages can be deducted.

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.

SECURED DEBT

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collater... (more...)

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collateral, to satisfy the debt if you default. Compare unsecured debt.

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Whites Creek Reorganization Lawyer, Tennessee

Sponsored Law Firm

Lafferty Law Firm, P.C.

SPONSORED LAWYERS

Timothy David Hughes

Mitchell Chessman

Mitchell Earl Chessman

Trace Blankenship

Joseph Robert Prochaska

Nicholas Ryan Barry

Leslie Ann Garside

Tony Anthony Saunders

Craig Gabbert

Marshall Loyd Hix

TIPS

LEGAL TERMS

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

GUARANTOR

DISPOSABLE INCOME

PRIORITY DEBT

NONEXEMPT PROPERTY

PRESUMED ABUSE

GARNISHMENT

PREFERENCE

SECURED DEBT

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