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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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Includes: Bankruptcy Litigation, Commercial Bankruptcy, Consumer Bankruptcy, Dissolution

Richard S. Feinsilver

✓ VERIFIED

Real Estate, Bankruptcy, Bankruptcy & Debt

Your Long Island Bankruptcy Lawyer - 25 yrs exp.

Over the past 25 years, lawyer Richard Feinsilver has represented in excess of 6,000 clients in the prosecution of consumer and business bankruptcy pr... (more)

FREE CONSULTATION

CONTACT

800-977-1321

One Old Country Road, Carle Place, NY 11514

James S Don

Administrative Law, Dispute Resolution, Bankruptcy, Corporate

Status: In Good Standing

CONTACT

380 North Broadway, Jericho, NY 11753

Kenneth Jay Halpern

Consumer Bankruptcy, Bankruptcy Litigation, Bankruptcy

Status: In Good Standing Licensed: 56 Years

CONTACT

1 Old Country Rd, Carle Place, NY 11514

Floyd G. Grossman

Commercial Real Estate, Litigation, Bankruptcy, Medical Malpractice

Status: In Good Standing Licensed: 50 Years

CONTACT

1 Old County Road, Carle Place, NY 11514

Howard D. Weisinger

Real Estate, Criminal, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 37 Years

CONTACT

393 Old Country Rd, Carle Place, NY 11514

Randy Edward Kleinman

Bankruptcy, Employee Rights

Status: In Good Standing Licensed: 12 Years

CONTACT

1 Old Country Rd, Carle Place, NY 11514

Kim D. Victor

Litigation, Corporate, Credit & Debt, Bankruptcy

Status: In Good Standing Licensed: 27 Years

CONTACT

90 Merrick Ave, East Meadow, NY 11554

Marc Scott Becker

Social Security, Workers' Compensation, Bankruptcy, Medical Malpractice

Status: In Good Standing Licensed: 27 Years

CONTACT

90 Merrick Ave, East Meadow, NY 11554

Eric Levine-Rahamim

Consumer Bankruptcy

Status: In Good Standing Licensed: 10 Years

CONTACT

77 Conklin St, Farmingdale, NY 11735

Amanda Rose Lamberson

Litigation, Divorce & Family Law, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

CONTACT

400 Garden City Plaza, Garden City, NY 11530

800-923-0641

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LEGAL TERMS

IRS EXPENSES

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income mu... (more...)

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income must use the IRS expenses to calculate their average net income in a Chapter 7 case, or their disposable income in a Chapter 13 case.

NUISANCE FEES

Money charged by some credit card companies to increase their profits when you fail to use the card the way the creditor wants. Examples include late payment fe... (more...)

Money charged by some credit card companies to increase their profits when you fail to use the card the way the creditor wants. Examples include late payment fees, inactivity fees and fees for not carrying a balance from month to month. It's best to shop around and get rid of cards that have these fees attached.

BULK SALES LAW

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to ... (more...)

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to conduct a bulk sale of business assets -- that is, get rid of an unusually large amount of inventory, merchandise or equipment -- the business owner must typically publish a notice of the sale and give written notice to creditors. Then, the owner must set up an account to hold the funds from the sale for a brief period of time during which creditors may make claims against the money. The prohibition against bulk sales is spelled out in the Uniform Commercial Code -- and laws modeled on the UCC have been generally adopted throughout the country.

GUARANTOR

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. T... (more...)

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. The guarantor gives a 'guaranty,' which is an assurance that the debt or other obligation will be fulfilled.

CREDIT FILE

See credit report.

CREDIT COUNSELING

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Unde... (more...)

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Under the new bankruptcy law, a debtor must undergo credit counseling with an approved provider before filing for bankruptcy.

CREDIT BUREAU

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit... (more...)

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit card companies that use the information to screen applicants for loans and credit cards. There are three major credit bureaus, Equifax, Experian and Trans Union, and they are regulated by the federal Fair Credit Reporting Act.

WINDING UP

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, a... (more...)

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, all with the ultimate goal of liquidating or closing down a corporation or partnership.

TOXIC TORT

A personal injury caused by exposure to a toxic substance, such as asbestos or hazardous waste. Victims can sue for medical expenses, lost wages and pain and su... (more...)

A personal injury caused by exposure to a toxic substance, such as asbestos or hazardous waste. Victims can sue for medical expenses, lost wages and pain and suffering.

SAMPLE LEGAL CASES

Barranco v. Cabrini Medical Center

... Department. Decided April 1, 2008. Concur â€” Gonzalez, JP, Williams, Catterson and Moskowitz, JJ. On or about February 21, 2001, plaintiff filed a petition in the United States Bankruptcy Court for the District of New Jersey. Some ...

Insurance Co. v. HSBC BANK USA

... We are asked in this case to decide whether a Bankruptcy Court order allowing a creditor to seize a debtor's bank account is entitled to res judicata effect in a subsequent state proceeding alleging that a portion of the funds in the account were state tax proceeds that should not ...

White v. Mazella-White

... which was to vacate the aforesaid inquest be made part of this judgment; and it is further," and (3) by deleting the fifth decretal paragraph thereof awarding the defendant the principal sum of $85,000 in equitable distribution payable to the defendant's trustee in bankruptcy; as so ...

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Jericho Bankruptcy Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Richard S. Feinsilver

James S Don

Kenneth Jay Halpern

Floyd G. Grossman

Howard D. Weisinger

Randy Edward Kleinman

Kim D. Victor

Marc Scott Becker

Eric Levine-Rahamim

Amanda Rose Lamberson

TIPS

LEGAL TERMS

IRS EXPENSES

NUISANCE FEES

BULK SALES LAW

GUARANTOR

CREDIT FILE

CREDIT COUNSELING

CREDIT BUREAU

WINDING UP

TOXIC TORT

SAMPLE LEGAL CASES

Barranco v. Cabrini Medical Center

Insurance Co. v. HSBC BANK USA

White v. Mazella-White

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