Janesville Bankruptcy & Debt Lawyer, Wisconsin

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Jeffrey Fields
About | Practice Areas
The Fields Group, LLC Law Firm (TFG Law)
2323 S 109th St Ste 345 Milwaukee, WI 53227» view map
Bankruptcy & Debt Law
Helping You Scale Mountains of Debt

When you retain The Fields Group Law Firm, you secure the finest level of legal representation from an established, award-winning law firm.

800-658-9440
1. Jeffrey Fields Milwaukee, WI
  Attorney at Law- WI
  Marquette University Law School, J.D. 1997
2. AboutThe Fields Group, LLC Law Firm (TFG Law)
  Helping You Scale Mountains of Debt
3. Practice AreasExpertise
  Bankruptcy & Debt
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Mark Bromley

Bankruptcy, Tax

Status: In Good Standing

CONTACT

W5838 Greening Rd., Whitewater, WI 53190

Matthew L. Frank

Lawsuit & Dispute, Divorce & Family Law, Bankruptcy & Debt, Accident & Injury

Status: In Good Standing Licensed: 13 Years

CONTACT

1404 Creston Park Dr, Janesville, WI 53545

800-923-0641

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LEGAL TERMS

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.

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.

COLLATERAL

Property that guarantees payment of a secured debt.

DISCHARGEABLE DEBTS

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bill... (more...)

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bills and medical bills. Compare nondischargeable debts.

C CORPORATION

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S c... (more...)

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S corporation, whose profits are passed through to shareholders and taxed on their personal returns under subchapter S of the Internal Revenue Code.

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.

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.

FDCPA

See Fair Debt Collections & Practices Act.

NUISANCE FEES

Money charged by some credit card companies to increase their profits when you fail to use the card the way the creditor wants. Examples include late payment fe... (more...)

Money charged by some credit card companies to increase their profits when you fail to use the card the way the creditor wants. Examples include late payment fees, inactivity fees and fees for not carrying a balance from month to month. It's best to shop around and get rid of cards that have these fees attached.

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Janesville Bankruptcy & Debt Lawyer, Wisconsin

Sponsored Law Firm

The Fields Group, LLC Law Firm (TFG Law)

SPONSORED LAWYERS

Mark Bromley

Matthew L. Frank

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LEGAL TERMS

PRESUMED ABUSE

FAIR CREDIT BILLING ACT (FCBA)

COLLATERAL

DISCHARGEABLE DEBTS

C CORPORATION

PREFERENCE

COLLECTION AGENCY

FDCPA

NUISANCE FEES

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