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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

Kenneth Gallant

Bankruptcy & Debt, Bankruptcy, Credit & Debt

Status: In Good Standing

FREE CONSULTATION

CONTACT

1425 Jefferson Road, Rochester, NY 14623

Charles Conrad Welch

Bankruptcy

Status: In Good Standing Licensed: 28 Years

CONTACT

1722 Lake Rd, Hamlin, NY 14464

Raymond S. DiRaddo

Estate Planning, Family Law, Criminal, Bankruptcy

Status: In Good Standing Licensed: 47 Years

CONTACT

31 Erie Canal Dr, Rochester, NY 14626

Anita Claire Miller

Divorce & Family Law, Bankruptcy

Status: In Good Standing Licensed: 51 Years

CONTACT

1600 Crossroads Building, Rochester, NY 14614

Robert G. Mccarthy

Bankruptcy

Status: In Good Standing Licensed: 20 Years

CONTACT

1600 Crossroads Bldg., Rochester, NY 14614

Mary Jo S. Korona

Litigation, Employee Rights, Civil Rights, Bankruptcy Litigation

Status: In Good Standing

CONTACT

28 E Main St, Rochester, NY 14614

Christopher Michael Hudak

Litigation, Family Law, Corporate, Bankruptcy, Insurance

Status: In Good Standing Licensed: 11 Years

CONTACT

31 E Main St, Rochester, NY 14614

Jason Peter Verhagen

Litigation, Lawsuit & Dispute, Civil Rights, Bankruptcy

Status: In Good Standing Licensed: 23 Years

CONTACT

100 Corporate Woods, Rochester, NY 14623

Carl Alfred Steinbrenner

Real Estate, Intellectual Property, Business, Commercial Bankruptcy

Status: In Good Standing Licensed: 37 Years

CONTACT

104 Troup St, Rochester, NY 14608

Jodie L. Ryan

Mass Torts, Litigation, Divorce & Family Law, Commercial Bankruptcy

Status: In Good Standing Licensed: 24 Years

CONTACT

1400 First Federal Plaza, Rochester, NY 14614

800-923-0641

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800-943-8690

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LEGAL TERMS

CREDIT FILE

See credit report.

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.

CREDIT INSURANCE

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay o... (more...)

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay off the remaining balance. Federal and state consumer protection laws require the lender to disclose to existing and potential borrowers the terms and costs of obtaining credit insurance because it can affect the terms of the loan.

CHAPTER 7 BANKRUPTCY

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 b... (more...)

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 bankruptcy takes from three to six months, costs about $200, and commonly requires only one trip to the courthouse.

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.

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).

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.

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.

LIQUIDATING PARTNER

The member of an insolvent or dissolving partnership responsible for paying the debts and settling the accounts of the partnership.

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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Kent Bankruptcy Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Kenneth Gallant

Charles Conrad Welch

Raymond S. DiRaddo

Anita Claire Miller

Robert G. Mccarthy

Mary Jo S. Korona

Christopher Michael Hudak

Jason Peter Verhagen

Carl Alfred Steinbrenner

Jodie L. Ryan

TIPS

LEGAL TERMS

CREDIT FILE

NUISANCE FEES

CREDIT INSURANCE

CHAPTER 7 BANKRUPTCY

COSIGNER

CREDIT REPORT

TRADE DRESS

REPOSSESSION

LIQUIDATING PARTNER

SAMPLE LEGAL CASES

Barranco v. Cabrini Medical Center

Insurance Co. v. HSBC BANK USA

White v. Mazella-White

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