Lincoln County, OR Credit & Debt Lawyers

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Adam M. Weiner
About | Practice Areas
Law Offices of Adam M. Weiner
8624 SE 13th Ave Portland, OR 97202» view map
Bankruptcy & Debt
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503-719-5123
1. Adam M. Weiner Portland, OR
  Attorney at Law - OR, 1998
  University of Oregon J.D. 1997
2. AboutLaw Offices of Adam M. Weiner
  Practicing law in Oregon since May 1998.
3. Practice AreasExpertise
  Bankruptcy & Debt
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Margaret Eileen Dailey

Real Estate, Wills & Probate, Estate, Estate Planning

Status: In Good Standing

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15 SW Lee St, Newport, OR 97365

Karen Lee Hawkins

International, State Government, Gift Taxation

Status: In Good Standing Licensed: 42 Years

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15 SW Lee St, Newport, OR 97365

James Vance Shepherd

Divorce, Estate

Status: In Good Standing Licensed: 38 Years

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236 W Olive St, Newport, OR 97365

William A Barton

Medical Malpractice, Wrongful Death, Bad Faith Insurance

Status: In Good Standing

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214 SW Coast Hwy, Newport, OR 97365

Alan K Andrews

Estate Planning, Wrongful Termination, Family Law

Status: In Good Standing Licensed: 40 Years

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2941 Nw Hwy 101, Lincoln City, OR 97367

Brent Barton

Other, Lawsuit & Dispute

Status: In Good Standing

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214 Sw Coast Hwy, Newport, OR 97365

Douglas R. Holbrook

Education, Landlord-Tenant, Divorce & Family Law, Criminal

Status: In Good Standing Licensed: 34 Years

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131 NW 20th Street, Newport, OR 97365

Brian J Gardner

General Practice

Status: In Good Standing Licensed: 23 Years

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225 W Olive St, Newport, OR 97365

Adam C Springer

Lawsuit & Dispute, Criminal, Business, Accident & Injury

Status: In Good Standing

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380 Sw 2Nd St, Newport, OR 97365

James A Bjornsen

Accident & Injury, Elder Law, Civil Rights

Status: In Good Standing Licensed: 28 Years

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1600 Nc Hwy, Newport, OR 97365

800-923-0641

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LEGAL TERMS

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.

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.

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.

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.

MEETING OF CREDITORS

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a f... (more...)

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a few questions. In a Chapter 7, the meeting of creditors lasts a few minutes and rarely do any creditors show up. In a Chapter 13 bankruptcy, one or two creditors may attend, especially if they disagree with some provision of your repayment plan.

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.

LOSS DAMAGE WAIVER (LDW)

Rental car insurance that makes the rental car company responsible for damage to or theft of a rental car. This insurance is a major consumer ripoff, as it ofte... (more...)

Rental car insurance that makes the rental car company responsible for damage to or theft of a rental car. This insurance is a major consumer ripoff, as it often duplicates coverage provided by the renter's regular car insurance and/or the credit card she uses to rent the car. Nevertheless, hard-sell practices by rental car agents often dupe people into buying LDWs they don't really need. LDW is also called 'collision damage waiver.'

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.

FAIR DEBT COLLECTIONS & PRACTICES ACT (FDCPA)

A federal law that outlaws unfair debt collection practices, including lying, harassing, misleading and otherwise abusing debtors, by debt collectors working fo... (more...)

A federal law that outlaws unfair debt collection practices, including lying, harassing, misleading and otherwise abusing debtors, by debt collectors working for collection agencies. The law does not apply to creditors collecting their own debts. This law has greatly improved conditions for debtors, although more than a few debt collectors ignore the law. If a collection agency violates the law, debtors can contact the Federal Trade Commission for help.

SAMPLE LEGAL CASES

Capital Credit & Collection Serv., Inc. v. Armani

... SERCOMBE, J. Plaintiff Capital Credit & Collection Services, Inc., a debt collector, brought this action to collect $3,990.57 in principal, interest, and attorney fees on a guaranty of a student loan that defendant signed for a friend, Armani. ...

CAPITAL CREDIT & COLLECTION SERVICE, INC. v. ARMANI

... SERCOMBE, J. Affirmed. SERCOMBE, J. Plaintiff Capital Credit & Collection Services, Inc., a debt collector, brought this action to collect $3,990.57 in principal, interest, and attorney fees on a guaranty of a student loan that defendant signed for a friend, Armani. ...

IN MATTER OF MARRIAGE OF POWELL

... In particular, he asserts that the trial court erred in allocating to him the financial responsibility for the majority of the credit card debt incurred by the parties, in awarding wife the marital residence, in treating husband's half interest in the family cabin as a marital asset, and in ...

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Lincoln County, OR Credit & Debt Lawyers

Sponsored Law Firm

Law Offices of Adam M. Weiner

SPONSORED LAWYERS

Margaret Eileen Dailey

Karen Lee Hawkins

James Vance Shepherd

William A Barton

Alan K Andrews

Brent Barton

Douglas R. Holbrook

Brian J Gardner

Adam C Springer

James A Bjornsen

TIPS

LEGAL TERMS

S CORPORATION

LIMITED LIABILITY

CHAPTER 7 BANKRUPTCY

CREDIT BUREAU

MEETING OF CREDITORS

SETOFF

LOSS DAMAGE WAIVER (LDW)

PREFERENCE

FAIR DEBT COLLECTIONS & PRACTICES ACT (FDCPA)

SAMPLE LEGAL CASES

Capital Credit & Collection Serv., Inc. v. Armani

CAPITAL CREDIT & COLLECTION SERVICE, INC. v. ARMANI

IN MATTER OF MARRIAGE OF POWELL

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