Castorland Reorganization Lawyer, New York

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Abraham Michelson
About | Practice Areas
The Michelson Law Office
203 North Lasalle Street Suite 2100 Chicago, IL 60601Â» view map
Bankruptcy, Chapter 7, Chapter 13
Chicago Bankruptcy Lawyer

When your finances are at stake, choose the best. Don't sink deeper in debt. Contact The Michelson Law Office

800-824-6431
1. Abraham Michelson Chicago, IL
  Attorney at Law - Illinois, 2013
  Thomas Cooley, JD, 2004
2. AboutAbraham Michelson
  Our legal team can advise you on your options for negotiating a solution.
3. Practice AreasServices
  Find out how an experienced attorney can help end calls and prevent lawsuits.
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Not enough matches for Castorland Reorganization lawyer.
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Erik Sobkiewicz

Bankruptcy & Debt

Status: Suspended Licensed: 35 Years

CONTACT

17 High Street, Carthage, NY 13619

Earl B. Dunckel

Real Estate, Business, Bankruptcy & Debt

Status: In Good Standing Licensed: 57 Years

CONTACT

5352 Summit Ave, Lowville, NY 13367

Richard C. Cummings

Real Estate, Employment, Bankruptcy & Debt

Status: In Good Standing Licensed: 70 Years

CONTACT

6435 E Shore Rd, Glenfield, NY 13343

Kisa Marie Ruiz

General Practice

Status: In Good Standing Licensed: 15 Years

CONTACT

8706 Artz Rd., Castorland, NY 13620

James Coffman

General Practice

Status: In Good Standing Licensed: 45 Years

CONTACT

6116 Fox Path, Lowville, NY 13367

Joanne Kohler Smith

General Practice

Status: Inactive Licensed: 50 Years

CONTACT

5393 Bostwick St, Lowville, NY 13367

Jennifer Mae Scordo

General Practice

Status: In Good Standing Licensed: 12 Years

CONTACT

7660 State Street, Lowville, NY 13367

Joan E. Mcnichol

Real Estate, Government, Divorce & Family Law

Status: In Good Standing Licensed: 45 Years

CONTACT

7660 N State St, Lowville, NY 13367

Mary M. Iocovozzi

Real Estate, Divorce & Family Law, Civil & Human Rights

Status: In Good Standing Licensed: 42 Years

CONTACT

7660 N State St, Lowville, NY 13367

Keith Alexander Lyndaker

General Practice

Status: In Good Standing Licensed: 40 Years

CONTACT

7659 N State St, Lowville, NY 13367

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LEGAL TERMS

CCCS

See Consumer Credit Counseling Service.

FCRA

See Fair Credit Reporting Act.

COLLECTION AGENCY

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the d... (more...)

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the debt themselves, typically through letters (called 'dunning' letters) and telephone calls. Collection agencies are regulated by the federal Fair Debt Collection Practices Act. Unfortunately, too many collectors ignore this law.

LIMITED PARTNERSHIP

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner ... (more...)

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner or partners (called general partners) have unlimited personal liability. The key difference between a general and limited partner concerns management decision making--general partners run the business, and limited partners, who are usually passive investors, are not allowed to make day-to-day business decisions. If they do, they risk being treated as general partners with unlimited personal liability.

SOLE PROPRIETORSHIP

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, m... (more...)

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, meaning that business profits are reported and taxed on the owner's personal tax return. Setting up a sole proprietorship is cheap and easy since no legal formation documents need be filed with any governmental agency (although tax registration and other permit and license requirements may still apply). Once you file a fictitious name statement (assuming you don't use your own name) and obtain any required basic tax permits and business licenses, you'll be in business. The main downside of a sole proprietorship is that its owner is personally liable for all business debts.

COSIGNER

A person who signs his or her name to a loan agreement, lease or credit application. If the primary debtor does not pay, the cosigner is fully responsible for t... (more...)

A person who signs his or her name to a loan agreement, lease or credit application. If the primary debtor does not pay, the cosigner is fully responsible for the loan or debt. Many people use cosigners to qualify for a loan or credit card. Landlords may require a cosigner when renting to a student or someone with a poor credit history.

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.

CHAPTER 13 PLAN

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to ... (more...)

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to pay all mandatory debts -- for example, back child support, taxes, and mortgage arrearages -- as well as some or all unsecured, nonpriority debts, such as medical and credit card bills.

INTEREST

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to ... (more...)

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to your balance. This means that if your loan or credit line has an interest rate of 8%, the holder adds 8% to the balance each year. More specifically, interest is calculated and added to your loan or credit line through a process called compounding. If interest is compounded daily, the balance will rise by 1/365th of 8% each day. If interest is compounded monthly, the balance will rise 1/12th of 8% at the start of each month.

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Castorland Reorganization Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Erik Sobkiewicz

Earl B. Dunckel

Richard C. Cummings

Kisa Marie Ruiz

James Coffman

Joanne Kohler Smith

Jennifer Mae Scordo

Joan E. Mcnichol

Mary M. Iocovozzi

Keith Alexander Lyndaker

TIPS

LEGAL TERMS

CCCS

FCRA

COLLECTION AGENCY

LIMITED PARTNERSHIP

SOLE PROPRIETORSHIP

COSIGNER

ACCORD AND SATISFACTION

CHAPTER 13 PLAN

INTEREST

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