Legal Services | Attorneys | Personal Bankruptcy | Business Bankruptcy | Contact Us | Locations | Free Consultation

Texas Bankruptcy - Terms & Definitions

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z

Qualified Domestic Relations Order (QDRO)
A legal judgment, decree, or court order that gives a pension plan participant access to retirement certain assets which must be utilized to pay an ex-spouse or dependent children. QDRO is when a Texas State or other State Court allocates an interest in a qualified retirement plan to a former spouse via a qualified domestic relations order. The former spouse will usually be taxed on the retirement benefits when actually received, or in some cases the benefits can be rolled over into an IRS or another qualified retirement plan.
Qualified Endorsement
A signature on the back of a loan, mortgage, check, or other financial instrument transferring the amount an other party but that includes wording that limits the endorser's liability
Qualified Opinion
An Opinion which is the auditorís opinion accompanying a financial statement which calls attention to the limitations in the audit or any exceptions the auditor has taken with the audit of the statements.
Qualified Retirement Plan
A retirement plan established by employers for their employees that meets the requirements of IRS under the Internal Revenue Code Section 401(a) or 403(a) and is eligible for certain tax considerations. The plan can provide for employer contributions, as in a pension, retirement or profit sharing plan, which can include employee contributions. Employers can usually deduct their plan contributions made for or on behalf of their eligible employees on the business's tax return as business expenses.
Quarter

A three-month period on a financial calendar that goes to act as a basis for the reporting of income and earnings as well as the paying of dividends and in some cases taxes. Quarters are utilized by public companies to report their profit and loss results on a quarterly basis.

The following abbreviations are used for Quarter:

  • Q1 - January, February, and March
  • Q2 - April, May, and June
  • Q3 - July, August, and September
  • Q4 - October, November, December
Question of Law
A question to be interpreted or decided by a judge of a court of competent jurisdiction of matters concerning the interpretation or the particular application of a law or statute.
Quitcliam deed
A deed releasing all of a person's interest in a particular real property or piece of land. By accepting such a quit claim deed, the buyer assumes all the risks.

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z

footer
Please read: Certification | Disclaimer | TexasLegalWeb | State Bar of Texas | Resource LinksLast Updated April 26, 2017
RJABANKRUPTCY © 2004 - 2017 RJ Atkinson, LLP Attorneys At Law – All Rights Reserved
Austin Bankruptcy | San Antonio Bankruptcy | Houston Bankruptcy | Dallas Bankruptcy
Stop Foreclosure Austin | Stop Foreclosure San Antonio | Stop Foreclosure Houston | Stop Foreclosure Dallas | Affordable Bankruptcy Fees | IRS Tax Problems
RJA Bankruptcy Attorneys offer Affordable Bankruptcy, Debt Relief and Debt Consolidation. Texas Bankruptcy Lawyers offer Low Cost Bankruptcy Attorney Fees in Austin, Dallas, Fort Worth, Plano, San Antonio, & Houston *Principal Office.

Bankruptcy Lawyer / Attorney RJ Atkinson provides Chapter 7, 11, 12, 13, Bankruptcy, Debt Relief & Discount Legal Services
Filing Bankruptcy can sometimes be the fastest way to get out of debt and may be the most affordable way to get a fresh financial start. Chapter 7 Bankruptcy can quickly wipe out your debts, increase your credit score, stop wage garnishments, get rid of credit card debt, eliminate medical bills, stop payday loans, stop bill collectors, erase negative credit reporting, and reestablish new credit after bankruptcy. RJ Atkinson – Bankruptcy Lawyers have payment plans to make filing Chapter 7 and Chapter 13 Bankruptcy affordable which include low cost flat fees for Chapter 7 that may be considered the cheapest bankruptcy attorney fees depending on the costs other bankruptcy lawyers charge. Chapter 13 Bankruptcy can save your home from foreclosure, save your car from repossession, lower monthly payments, reduce interest rates, get rid of late fees, reduce credit card interest, payoff high credit card debt, raise your credit score, stop creditor harassment, get rid of debt, reduce debt, eliminate creditor calls at work, stop collection calls, start over financially, discharge debts and/or be debt free in 3 to 5 years. IRS tax problems, tax levies, wage garnishments, back taxes, payroll taxes, income taxes can often be handled in Chapter 13 bankruptcy. Divorce/Bankruptcy – past due child support arrears, alimony, spousal support, and divorce debt can often be handled in chapter 13 bankruptcy. The Law Offices of RJ Atkinson handles debt consolidation, loan modifications, credit card debt settlement, debt negotiation, lawsuit defense, IRS problems, credit card lawsuits, TROs temporary restraining orders to stop foreclosure, forbearance agreements to stop foreclosure, FDCPA Fair Debt Collection Practices Act lawsuits, FCRA Fair Credit Reporting Act lawsuits, credit report disputes, debt collection lawsuits, adversary complaints in bankruptcy, bankruptcies, foreclosure workouts, mortgage short sales, real estate property tax disputes, civil litigation, commercial litigation, tax lawsuits, small business bankruptcy, corporate bankruptcy, business creditor representation, and most every kind of debt related issue or financially based legal problem on a case by case basis.
Pursuant to 11 U.S.C. §528, “We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.”