Merrimac Collection Lawyer, Massachusetts


Scott F. Bocchio Lawyer

Scott F. Bocchio

VERIFIED
Accident & Injury, Real Estate, Criminal, Collection, Divorce & Family Law

Scott F. Bocchio, Attorney at Law operates a full-service law firm that delivers high-quality legal representation to individuals and businesses. Whil... (more)

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CONTACT

855-254-7841

Jay Patrick Johnson Lawyer

Jay Patrick Johnson

VERIFIED
Bankruptcy & Debt, Collection, Lawsuit & Dispute, Personal Injury

Attorney Jay P. Johnson graduated in 1987 from Boston College with a Bachelor of Arts in Economics. He received his Juris Doctorate from Suffolk Unive... (more)

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CONTACT

800-497-8501

Bethany J. Raffa

Arbitration, Business Successions, Business Organization, Collection
Status:  In Good Standing           

FREE CONSULTATION 

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R. Bennett Sargent

Arbitration, Business Successions, Business Organization, Collection
Status:  In Good Standing           

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Christine G. DeBernardis

Alimony & Spousal Support, Child Support, Collection, Criminal
Status:  In Good Standing           

FREE CONSULTATION 

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Jeremy M. Cohen

Bankruptcy, Collection, Criminal, DUI-DWI
Status:  In Good Standing           

FREE CONSULTATION 

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Dana Casali

Bankruptcy, Business Organization, Collection, Estate Planning
Status:  In Good Standing           

Neil D. Warrenbrand

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

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Alex M. Rodolakis

Corporate, Business Organization, Collection, Bankruptcy
Status:  In Good Standing           

Matthew E. Scafidi

Corporate, Business Organization, Collection, Commercial Leasing
Status:  In Good Standing           

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LEGAL TERMS

FAIR LABOR STANDARDS ACT (FLSA)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements ... (more...)
A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements for overtime and places restrictions on child labor.

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.

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.

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.

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.

DEBT COLLECTOR

A person who works in the in-house collections department of an original creditor or a collection agency to track down debtors and get them to pay what they owe... (more...)
A person who works in the in-house collections department of an original creditor or a collection agency to track down debtors and get them to pay what they owe. Debt collectors can be relentless, often using scare tactics, humiliation and repeated phone calls to extract payments or promises to pay.

CCCS

See Consumer Credit Counseling Service.

FRATERNAL BENEFIT SOCIETY BENEFITS

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal socie... (more...)
These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal societies that provide benefits. Also called benefit society, benevolent society or mutual aid association benefits. Under bankruptcy laws, these benefits are virtually always considered exempt property.

CREDIT FILE

See credit report.