Washington Navy Yard Bankruptcy Lawyer, District of Columbia, page 3

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Includes: Bankruptcy Litigation, Commercial Bankruptcy, Consumer Bankruptcy, Dissolution

David Lee Tayman

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

Anne Marie Whitesell

International, Arbitration, Commercial Bankruptcy
Status:  In Good Standing           Licensed:  35 Years

Diarmuid Gorham

Corporate, Commercial Bankruptcy, Bankruptcy & Debt, Malpractice
Status:  In Good Standing           Licensed:  24 Years

Mark Gregory Hamilton

Constitutional Law, International Other, Consumer Bankruptcy, Legal Malpractice
Status:  In Good Standing           Licensed:  23 Years
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Dennis M. Hertel

Art, Entertainment, Consumer Bankruptcy, Slip & Fall Accident
Status:  In Good Standing           Licensed:  46 Years

Melissa Landau Steinman

Internet, State Government, Consumer Bankruptcy, Personal Injury
Status:  In Good Standing           Licensed:  27 Years

Laurie Pyne O'Reilly

Real Estate, Estate Planning, Family Law, Bankruptcy
Status:  In Good Standing           

Joseph M. Goldberg

Real Estate, Bankruptcy, Bankruptcy & Debt
Status:  In Good Standing           

Gregory Ryan Nodler

Consumer Rights, Consumer Bankruptcy
Status:  In Good Standing           Licensed:  15 Years

Melanie Marie Kiser

Science, Technology & Internet, Antitrust, Administrative Law, Consumer Bankruptcy
Status:  In Good Standing           Licensed:  7 Years

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Free Help: Use This Form or Call 800-943-8690

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By submitting this lawyer request, I confirm I have read and agree to the Consent to Receive Email, Phone, Text Messages, Terms of Use, and Privacy Policy. Information provided is not privileged or confidential.

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LEGAL TERMS

TRADE NAME

The official name of a business, the one it uses on its letterhead and bank account when not dealing with consumers.

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.

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.

WORKOUT

A debtor's plan to take care of a debt, by paying it off or through loan forgiveness. Workouts are often created to avoid bankruptcy or foreclosure proceedings.

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.

DISPOSABLE INCOME

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Ch... (more...)
The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Chapter 13 plan.

REAFFIRMATION

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing deb... (more...)
An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing debt after the bankruptcy case is over. For instance, a debtor might make a reaffirmation agreement with the holder of a car note that the debtor can keep the car and must continue to pay the debt after bankruptcy.

ACCORD AND SATISFACTION

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collectin... (more...)
An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collecting as much money as they can from debtors who cannot pay the full amount.

LIQUIDATING PARTNER

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

SAMPLE LEGAL CASES

IN RE SHMUCKLER

... The Board on Professional Responsibility recommends that respondent Howard R. Shmuckler be disbarred pursuant to DCCode § 11-2503(a) (2001), because he was convicted of bankruptcy fraud in violation of 18 USC § 152(1) and (2) by the United States District Court for ...

FIDELITY NAT. TITLE INS. CO. v. Tillerson

... [5] The record shows that this property was the subject of a 2006 Chapter 11 bankruptcy proceeding in Stancil's name. On November 28, 2006, the bankruptcy trustee declared this property to be of insufficient value to satisfy the bankruptcy debts and abandoned it. ...

Kissi v. Hardesty

... It is undisputed that on September 7, 2000, appellant's company, DK & R Company ("DK & R"), which is incorporated in Delaware, filed for bankruptcy in the United States Bankruptcy Court for the District of Maryland and that on September 23, 2003, two Maryland condominium ...