Cranberry Lake Collection Lawyer, New York, page 8

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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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Efstathia G Kyriakopoulos

Personal Injury

Status: In Good Standing Licensed: 23 Years

CONTACT

48 Court St, Canton, NY 13617

Mary Margaret Farley

General Practice

Status: In Good Standing Licensed: 32 Years

CONTACT

48 Court St, Canton, NY 13617

Paul M. Fischer

General Practice

Status: In Good Standing Licensed: 39 Years

CONTACT

Canton, NY 13617

Sara Elizabeth Clothier

General Practice

Status: In Good Standing Licensed: 12 Years

CONTACT

48 Court St, Canton, NY 13617

Thomas Robert Bundle

General Practice

Status: In Good Standing Licensed: 12 Years

CONTACT

6431 Us Highway 11, Canton, NY 13617

Gary Michael Pasqua

General Practice

Status: In Good Standing Licensed: 18 Years

CONTACT

48 Court St, Canton, NY 13617

Alison Bronwyn Appleby

General Practice

Status: In Good Standing Licensed: 18 Years

CONTACT

48 Court St, Canton, NY 13617

Michael Abbruzzese

General Practice

Status: In Good Standing Licensed: 17 Years

CONTACT

48 Court St, Canton, NY 13617

William Robert Holland

General Practice

Status: In Good Standing Licensed: 10 Years

CONTACT

17 Hodskin St, Canton, NY 13617

Bethany Rose Crowhurst

General Practice

Status: In Good Standing Licensed: 10 Years

CONTACT

48 Court St, Canton, NY 13617

800-923-0641

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LEGAL TERMS

BANKRUPTCY

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are ... (more...)

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are two types of bankruptcies -- liquidation, in which your debts are wiped out (discharged) and reorganization, in which you provide the court with a plan for how you intend to repay your debts. For both consumers and business, liquidation bankruptcy is called Chapter 7. For consumers, reorganization bankruptcy is called Chapter 13. Reorganization bankruptcy for consumers with an extraordinary amount of debt and for businesses is called Chapter 11. Reorganization bankruptcy for family farmers is called Chapter 12.

DEFINED CONTRIBUTION PLAN

A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount ... (more...)

A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount every month, or every year, for each employee. The employer usually pays a fixed percentage of an employee's wages or salary, although sometimes the amount is a fraction of the company's profits, with the size of each employee's pension share depending on the amount of wage or salary. Upon retirement, each employee's pension is determined by how much was contributed to the fund on behalf of that employee over the years, plus whatever earnings that money has accumulated as part of the investments of the entire pension fund.

REPOSSESSION

A creditor's taking property that has been pledged as collateral for a loan. Lenders will most often repossess cars when the owner has missed loan payments and ... (more...)

A creditor's taking property that has been pledged as collateral for a loan. Lenders will most often repossess cars when the owner has missed loan payments and has not attempted to work with the lender to resolve the problem. A repossessor can't use force to get at your car, but he can legally hot-wire it and even drive it out of your unlocked garage.

CCCS

See Consumer Credit Counseling Service.

ABUSE

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because ... (more...)

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because the debtor appears to have enough disposable income to fund a Chapter 13 repayment plan.

LIMITED LIABILITY

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or ... (more...)

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or a person who invests in a corporation (a shareholder) generally stands to lose only the amount of money invested in the business. This means that if the business folds, creditors cannot seize or sell an owner's home, car, or other personal assets.

COLLATERAL

Property that guarantees payment of a secured debt.

INFRINGEMENT (OF TRADEMARK)

Unauthorized use of a protected trademark or service mark, or use of something very similar to a protected mark. The success of a lawsuit to stop the infringeme... (more...)

Unauthorized use of a protected trademark or service mark, or use of something very similar to a protected mark. The success of a lawsuit to stop the infringement turns on whether the defendant's use causes a likelihood of confusion in the average consumer. If a court determines that the average consumer would be confused, the owner of the original mark can prevent the other's use of the infringing mark and sometimes collect damages.

NO-FAULT INSURANCE

Car insurance laws that require the insurance companies of each person in an accident to pay for medical bills and lost wages of their insured, up to a certain ... (more...)

Car insurance laws that require the insurance companies of each person in an accident to pay for medical bills and lost wages of their insured, up to a certain amount, regardless of who was at fault. The effect of no-fault insurance laws is to eliminate lawsuits in small accidents. The advantage is the prompt payment of medical bills and expenses. The downsides are that the amounts paid by no-fault policies are often not enough to fully cover a person's losses and that no-fault does not compensate for pain and suffering.

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Cranberry Lake Collection Lawyer, New York, page 8

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Efstathia G Kyriakopoulos

Mary Margaret Farley

Paul M. Fischer

Sara Elizabeth Clothier

Thomas Robert Bundle

Gary Michael Pasqua

Alison Bronwyn Appleby

Michael Abbruzzese

William Robert Holland

Bethany Rose Crowhurst

TIPS

LEGAL TERMS

BANKRUPTCY

DEFINED CONTRIBUTION PLAN

REPOSSESSION

CCCS

ABUSE

LIMITED LIABILITY

COLLATERAL

INFRINGEMENT (OF TRADEMARK)

NO-FAULT INSURANCE

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