Moodus Bankruptcy & Debt Lawyer, Connecticut


Jefferson  Hanna Lawyer

Jefferson Hanna

VERIFIED
Bankruptcy & Debt, Foreclosure, Estate, Accident & Injury

Attorney Hanna understands the financial problems that life can throw at you. He designs solutions which are unique to your individual situation. He i... (more)

FREE CONSULTATION 

CONTACT

860-347-4741

Neal  Tidhar Lawyer

Neal Tidhar

VERIFIED
Real Estate, Landlord-Tenant, Civil Rights, Bankruptcy, Personal Injury

Founded in 1974, the Law Offices of Bruce E. Bergman is a law firm with one simple objective - to deliver to each client a superior level of legal pro... (more)

Neal  Guttenberg Lawyer

Neal Guttenberg

VERIFIED
Bankruptcy & Debt, Immigration, Credit & Debt, Social Security

Navigating today's legal system is a difficult task. You should work with an Attorney who understands the area of law you need help with and can work ... (more)

FREE CONSULTATION 

CONTACT

800-716-6460

Joshua R.I. Cohen

Consumer Protection, Credit & Debt
Status:  In Good Standing           

FREE CONSULTATION 

CONTACT
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Bruce S. Beck

Lawsuit & Dispute, Family Law, Corporate, Bankruptcy
Status:  In Good Standing           

Alan R. Dembiczak

Corporate, Business Organization, Credit & Debt, Litigation
Status:  In Good Standing           

Thomas J. Farrell

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

Sandra L. Kelsey

Bankruptcy, Corporate, Credit & Debt, Estate Planning
Status:  In Good Standing           

Jonathan R. Chappell

Construction, Constitutional Law, Insurance, Collection
Status:  In Good Standing           

Harvey Hoberman

Corporate, Business Organization, Banking & Finance, Bankruptcy
Status:  In Good Standing           

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LEGAL TERMS

SECURED DEBT

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collater... (more...)
A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collateral, to satisfy the debt if you default. Compare unsecured debt.

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.

GARNISHMENT

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if ... (more...)
A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if she loses a lawsuit filed by the creditor. Up to 25% of a person's wages can be deducted.

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.

LIQUIDATING PARTNER

The member of an insolvent or dissolving partnership responsible for paying the debts and settling the accounts of the partnership.

BANKRUPTCY TRUSTEE

A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is t... (more...)
A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is to gather the debtor's nonexempt property, liquidate it and distribute it proportionally to her creditors. In a Chapter 13 case, the trustee's role is to receive the debtor's monthly payments and distribute them proportionally to her creditors.

DEBIT CARD

A card issued by a bank that combines the functions of an ATM card and checks. A debit card can be used to withdraw cash at a bank like an ATM card, and it can ... (more...)
A card issued by a bank that combines the functions of an ATM card and checks. A debit card can be used to withdraw cash at a bank like an ATM card, and it can also be used at stores to pay for goods and services in place of a check. Unlike a credit card, a debit card automatically withdraws money from your checking account at the time of the transaction. Debit cards are regulated by the Electronic Funds Transfer Act.

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.

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

A national non-profit agency that, at no cost, helps debtors plan budgets and repay their debts. One major criticism of CCCS is that each office is primarily fu... (more...)
A national non-profit agency that, at no cost, helps debtors plan budgets and repay their debts. One major criticism of CCCS is that each office is primarily funded by voluntary donations from the creditors that receive payments from debtors repaying their debts through that office. Despite this criticism, most CCCS counselors provide clients with thorough and neutral advice.