Cranberry Lake Collection Lawyer, New York, page 4

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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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Joshua Avi Haberkornhalm

General Practice

Status: In Good Standing Licensed: 15 Years

CONTACT

48 Court St, Canton, NY 13617

Megan Jean Mccarthy Whitton

Social Security, Estate, Workers' Compensation, Family Law

Status: In Good Standing Licensed: 18 Years

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21 Court St, Canton, NY 13617

Andrew Steven Moses

General Practice

Status: In Good Standing Licensed: 34 Years

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Canton, NY 13617

Megan Jean Mccarthy Whitton

Lawsuit & Dispute, Intellectual Property, Government, Estate

Status: In Good Standing Licensed: 18 Years

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21 Court St, Canton, NY 13617

Douglas Russell Wright

Federal Appellate Practice

Status: Inactive Licensed: 19 Years

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64 Park St, Tupper Lake, NY 12986

Edward Francis Narrow

Traffic, Criminal

Status: In Good Standing Licensed: 24 Years

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20 Park St, Canton, NY 13617

Mathew Paul Duprey

General Practice

Status: In Good Standing Licensed: 25 Years

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21 Court St, Canton, NY 13617

E. Dana Johns

General Practice

Status: In Good Standing Licensed: 17 Years

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17 Hodskin St, Canton, NY 13617

John Kevin Collins

DUI-DWI, Business, Personal Injury, Accident & Injury

Status: In Good Standing Licensed: 27 Years

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44 Court St, Canton, NY 13617

Scott B. Goldie

Real Estate, Lawsuit & Dispute, Government, Divorce & Family Law

Status: In Good Standing Licensed: 34 Years

CONTACT

2 Judson St, Canton, NY 13617

800-923-0641

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LEGAL TERMS

CREDIT REPORT

An account of your credit history, prepared by a credit bureau. A credit report will contain both credit history, such as what you owe to whom and whether you m... (more...)

An account of your credit history, prepared by a credit bureau. A credit report will contain both credit history, such as what you owe to whom and whether you make the payments on time, as well as personal history, such as your former addresses, employment record and lawsuits in which you have been involved. An estimated 50% of all credit reports contain errors, such as accounts that don't belong to you, an incorrect account status or information reported that is older than seven years (ten years in the case of a bankruptcy).

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.

MEETING OF CREDITORS

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a f... (more...)

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a few questions. In a Chapter 7, the meeting of creditors lasts a few minutes and rarely do any creditors show up. In a Chapter 13 bankruptcy, one or two creditors may attend, especially if they disagree with some provision of your repayment plan.

ADMINISTRATIVE EXPENSES

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Admi... (more...)

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Administrative costs are typically 10% of the debtor's total payments under the plan.

NONDISCHARGEABLE DEBTS

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chap... (more...)

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chapter 13 bankruptcy, the nondischargeable debts will have to be paid in full during your plan or you will have a balance at the end of your case. Examples of nondischargeable debts include alimony and child support, most income tax debts, many student loans and debts for personal injury or death caused by drunk driving. Compare dischargeable debts.

AUTOMATIC STAY

An injunction automatically issued by the bankruptcy court when a debtor files for bankruptcy. The automatic stay prohibits most creditor collection activities,... (more...)

An injunction automatically issued by the bankruptcy court when a debtor files for bankruptcy. The automatic stay prohibits most creditor collection activities, such as filing or continuing lawsuits, making written requests for payment, or notifying credit reporting bureaus of an unpaid debt.

FCBA

See Fair Credit Billing Act.

SUBROGATION

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off i... (more...)

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off its injured claimant takes the legal rights the claimant has against a third party that caused the injury, and sues that third party.

NONEXEMPT PROPERTY

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typicall... (more...)

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typically includes valuable clothing (furs) and electronic equipment, an expensive car that's been paid off and most of the equity in your house. Compare exempt property.

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Cranberry Lake Collection Lawyer, New York, page 4

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Joshua Avi Haberkornhalm

Megan Jean Mccarthy Whitton

Andrew Steven Moses

Megan Jean Mccarthy Whitton

Douglas Russell Wright

Edward Francis Narrow

Mathew Paul Duprey

E. Dana Johns

John Kevin Collins

Scott B. Goldie

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LEGAL TERMS

CREDIT REPORT

LIMITED PARTNERSHIP

MEETING OF CREDITORS

ADMINISTRATIVE EXPENSES

NONDISCHARGEABLE DEBTS

AUTOMATIC STAY

FCBA

SUBROGATION

NONEXEMPT PROPERTY

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