Frederick Bankruptcy & Debt Lawyer, Maryland

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Leta Ann Wolfe Lawyer

Leta Ann Wolfe

VERIFIED
Estate, Divorce & Family Law, Accident & Injury, Bankruptcy & Debt, Tax
Received JD cum laude in May 2003

Leta Wolfe is a practicing lawyer in the states of Maryland, California, and Florida. Attorney Wolfe received her J.D. from Florida State University C... (more)

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800-964-6720

Clifford A Wilpon Lawyer

Clifford A Wilpon

VERIFIED
Accident & Injury, Collection, Wills & Probate, Real Estate

Welcome to our law firm website. Ferguson & Wilpon was founded in 2001. We are a general practice law firm in Olney, Maryland, a suburb of Washington,... (more)

John C. Hanrahan

Estate, Criminal, Bankruptcy & Debt, Lawsuit & Dispute
Status:  In Good Standing           

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Alice Pare'

Administrative Law, Adoption, Banking & Finance, Bankruptcy
Status:  In Good Standing           

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W Stephen Paleos

Real Estate, Litigation, Commercial Bankruptcy
Status:  In Good Standing           Licensed:  13 Years

Antoine Mann

Divorce, Insurance, Slip & Fall Accident, Employment, Collection
Status:  In Good Standing           Licensed:  29 Years

Ian Patrick Bartman

Divorce, DUI-DWI, Administrative Law, Bankruptcy
Status:  In Good Standing           Licensed:  13 Years

Katherine Jean Jones

Landlord-Tenant, Family Law, Consumer Bankruptcy
Status:  In Good Standing           Licensed:  35 Years

Alecia Brigh Frisby

Administrative Law, Landlord-Tenant, Consumer Bankruptcy
Status:  In Good Standing           Licensed:  12 Years

Stanley N Tashoff

Lawsuit & Dispute, Divorce & Family Law, Commercial Bankruptcy, Bankruptcy & Debt
Status:  In Good Standing           Licensed:  54 Years

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LEGAL TERMS

CHAPTER 13 BANKRUPTCY

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your inc... (more...)
The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your income to pay all or a portion of the debts over three to five years. The minimum amount you must pay is roughly equal to the value of your nonexempt property. In addition, you must pledge your disposable net income -- after subtracting reasonable expenses -- for the period during which you are making payments. At the end of the three-to five-year period, the balance of what you owe on most debts is erased.

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.

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.

BANKRUPTCY

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are ... (more...)
A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are two types of bankruptcies -- liquidation, in which your debts are wiped out (discharged) and reorganization, in which you provide the court with a plan for how you intend to repay your debts. For both consumers and business, liquidation bankruptcy is called Chapter 7. For consumers, reorganization bankruptcy is called Chapter 13. Reorganization bankruptcy for consumers with an extraordinary amount of debt and for businesses is called Chapter 11. Reorganization bankruptcy for family farmers is called Chapter 12.

INFRINGEMENT (OF TRADEMARK)

Unauthorized use of a protected trademark or service mark, or use of something very similar to a protected mark. The success of a lawsuit to stop the infringeme... (more...)
Unauthorized use of a protected trademark or service mark, or use of something very similar to a protected mark. The success of a lawsuit to stop the infringement turns on whether the defendant's use causes a likelihood of confusion in the average consumer. If a court determines that the average consumer would be confused, the owner of the original mark can prevent the other's use of the infringing mark and sometimes collect damages.

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.

CREDIT COUNSELING

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Unde... (more...)
Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Under the new bankruptcy law, a debtor must undergo credit counseling with an approved provider before filing for bankruptcy.

DOING BUSINESS AS (DBA)

A situation in which a business owner operates a company under a name different from his or her real name. The owner must file a 'fictitious name statement' or ... (more...)
A situation in which a business owner operates a company under a name different from his or her real name. The owner must file a 'fictitious name statement' or similar document with the appropriate agency -- for example, the county clerk. This enables consumers to discover the names of the business owners, which is important if a consumer needs to sue the business.

FDCPA

See Fair Debt Collections & Practices Act.