Hinsdale Bankruptcy & Debt Lawyer, Illinois, 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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Gloria Tsotsos

Commercial Real Estate, Transactions, Bankruptcy

Status: In Good Standing Licensed: 24 Years

CONTACT

15W030 North Frontage Road, Willowbrook, IL 60527

Gregory Moody

Commercial Real Estate, Real Estate, Transactions, Bankruptcy

Status: In Good Standing Licensed: 34 Years

CONTACT

15W030 North Frontage Road, Willowbrook, IL 60527

James Riegel

Commercial Real Estate, Transactions, Bankruptcy

Status: In Good Standing Licensed: 27 Years

CONTACT

15W030 N Frontage Rd, Willowbrook, IL 60527

Joel Fonferko

Landlord-Tenant, Transactions, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 23 Years

CONTACT

15W030 North Frontage Road, Willowbrook, IL 60527

Richard Stephen Spencer

Internet, Constitutional Law, Transactions, Bankruptcy

Status: In Good Standing Licensed: 33 Years

CONTACT

15W030 North Frontage Road, Willowbrook, IL 60527

Christina Doris Babakitis

Commercial Real Estate, Transactions, Bankruptcy

Status: In Good Standing Licensed: 37 Years

CONTACT

15W030 North Frontage Road, Willowbrook, IL 60527

Mariclare O'connor

Commercial Real Estate, Transactions, Bankruptcy

Status: In Good Standing Licensed: 36 Years

CONTACT

15W030 North Frontage Road, Willowbrook, IL 60527

Margaret Ann Manetti

Commercial Real Estate, Real Estate, Collection, Bankruptcy

Status: In Good Standing Licensed: 19 Years

CONTACT

15W030 N Frontage Rd, Willowbrook, IL 60527

Gregory Michael Berg

Family Law, Divorce, Business, Bankruptcy

Status: In Good Standing

CONTACT

1200 Harger Road, Oak Brook, IL 60523

Tina Gagliano

Divorce & Family Law, Traffic, Criminal, Bankruptcy

Status: In Good Standing

CONTACT

1200 Harger Road, Oak Brook, IL 60523

800-923-0641

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LEGAL TERMS

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.

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.

TRADE NAME

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

COLLATERAL

Property that guarantees payment of a secured debt.

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.

DISCHARGEABLE DEBTS

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bill... (more...)

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bills and medical bills. Compare nondischargeable 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.

DEBT COLLECTOR

A person who works in the in-house collections department of an original creditor or a collection agency to track down debtors and get them to pay what they owe... (more...)

A person who works in the in-house collections department of an original creditor or a collection agency to track down debtors and get them to pay what they owe. Debt collectors can be relentless, often using scare tactics, humiliation and repeated phone calls to extract payments or promises to pay.

TRADE DRESS

The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape... (more...)

The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape of Frangelico liqueur bottles. Trade dress can be protected under trademark law if a showing can be made that the average consumer would likely be confused as to product origin if another product were allowed to appear in similar dress.

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Hinsdale Bankruptcy & Debt Lawyer, Illinois, page 4

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Gloria Tsotsos

Gregory Moody

James Riegel

Joel Fonferko

Richard Stephen Spencer

Christina Doris Babakitis

Mariclare O'connor

Margaret Ann Manetti

Gregory Michael Berg

Tina Gagliano

TIPS

LEGAL TERMS

ACCORD AND SATISFACTION

DEFINED CONTRIBUTION PLAN

TRADE NAME

COLLATERAL

LIMITED PARTNERSHIP

DISCHARGEABLE DEBTS

AUTOMATIC STAY

DEBT COLLECTOR

TRADE DRESS

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