Yarmouth Bankruptcy Lawyer, Maine


Includes: Bankruptcy Litigation, Commercial Bankruptcy, Consumer Bankruptcy, Dissolution

Diane Welling Cipollone

Real Estate, Consumer Rights, Consumer Bankruptcy, Commercial Real Estate
Status:  In Good Standing           

Zachary I. Greenfield

Commercial Real Estate, Business, Workout, Bankruptcy
Status:  In Good Standing           Licensed:  17 Years

George J. Marcus

Corporate, Reorganization, Commercial Bankruptcy, Bankruptcy
Status:  In Good Standing           

Jennie L. Clegg

Divestitures, Merger & Acquisition, Corporate, Commercial Bankruptcy
Status:  In Good Standing           
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David C. Johnson

Power of Attorney, Social Security, Consumer Rights, Bankruptcy
Status:  In Good Standing           

John Scott Logan

Bankruptcy & Debt, Bankruptcy
Status:  In Good Standing           

J. Scott Logan

Bankruptcy, Bankruptcy & Debt, Credit & Debt
Status:  In Good Standing           

Gregory A. Moffett

Bankruptcy, Litigation, Business, Children's Rights
Status:  In Good Standing           

Joshua E. Menard

Bankruptcy, Business
Status:  In Good Standing           

Michael J. Quinlan

Trademark, International Intellectual Property, Corporate, Commercial Bankruptcy
Status:  In Good Standing           

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

Member Representative

Call me for fastest results!
800-943-8690

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

By submitting this lawyer request, I confirm I have read and agree to the Consent to Receive Email, Phone, Text Messages, Terms of Use, and Privacy Policy. Information provided is not privileged or confidential.

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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.

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.

ABUSE

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because ... (more...)
Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because the debtor appears to have enough disposable income to fund a Chapter 13 repayment plan.

DISCHARGE (OF DEBTS)

A bankruptcy court's erasure of the debts of a person or business that has filed for bankruptcy.

COLLECTION AGENCY

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the d... (more...)
A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the debt themselves, typically through letters (called 'dunning' letters) and telephone calls. Collection agencies are regulated by the federal Fair Debt Collection Practices Act. Unfortunately, too many collectors ignore this law.

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.

CREDITOR

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

FAIR CREDIT BILLING ACT (FCBA)

A federal law that gives you rights when an error occurs on your credit card statement. You must notify the credit card company of the mistake within 60 days af... (more...)
A federal law that gives you rights when an error occurs on your credit card statement. You must notify the credit card company of the mistake within 60 days after it mailed the bill to you. The company must then correct the mistake, or at least acknowledge receipt of your letter within 30 days, and must correct the error within 90 days or explain why it believes the credit card statement is correct.

CHAPTER 7 BANKRUPTCY

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 b... (more...)
The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 bankruptcy takes from three to six months, costs about $200, and commonly requires only one trip to the courthouse.

SAMPLE LEGAL CASES

Cimenian v. Lumb

... This case started with what the trial court described as a "very murky, very questionable transaction." In 1997, Nahabet Cimenian, William Lumb, who is Carolle Lumb's husband, and Allen Fernald entered into a partnership formed to purchase two bankruptcy claims in the ...

Key Equipment Finance, Inc. v. Hawkins

... (KEF), for a deficiency judgment resulting from a bankruptcy sale of equipment. ... [¶ 4] In September 2005, Hawkins signed a Chapter 11 bankruptcy petition on behalf of MBI. During the bankruptcy proceedings, MBI's lawyers regularly conveyed developments to Hawkins. ...

NORTH EAST INS. CO. v. Young

... and Alley against Weeks. The court determined that the discharge of Hutchinson's personal liability in bankruptcy had rendered the cross-claims against her moot. Young and Alley appealed. II. DISCUSSION. [¶ 10] We begin by ...