Lewis County, NY Bankruptcy & Debt Lawyers

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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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Not enough matches for Lewis Bankruptcy & Debt lawyer.
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Edgar S. K. Merrell

Commercial Real Estate, Real Estate, Estate Planning, Business & Trade

Status: In Good Standing Licensed: 46 Years

CONTACT

Lowville, NY 13367

Adam Roy Matteson

Child Support, Custody & Visitation, Adoption, Divorce & Family Law

Status: In Good Standing Licensed: 25 Years

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7636 N State St, Lowville, NY 13367

Jonathan W. Miller

General Practice

Status: In Good Standing Licensed: 44 Years

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Lowville, NY 13367

Ian William Gilbert

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Croghan, NY 13327

Joan E. Mcnichol

Real Estate, Government, Divorce & Family Law

Status: In Good Standing Licensed: 45 Years

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7660 N State St, Lowville, NY 13367

Mary M. Iocovozzi

Real Estate, Divorce & Family Law, Civil & Human Rights

Status: In Good Standing Licensed: 42 Years

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7660 N State St, Lowville, NY 13367

Candace Lyn Carpenter

General Practice

Status: In Good Standing Licensed: 12 Years

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7571 S State St, Lowville, NY 13367

Lydia Lea Young

Divorce, Personal Injury, Criminal, Commercial Real Estate, Mass Torts

Status: In Good Standing Licensed: 14 Years

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7659 N State St, Lowville, NY 13367

Keith Alexander Lyndaker

General Practice

Status: In Good Standing Licensed: 40 Years

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7659 N State St, Lowville, NY 13367

Kevin M. Mcardle

Real Estate Other, Estate

Status: In Good Standing Licensed: 42 Years

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7571 S State St, Lowville, NY 13367

800-923-0641

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LEGAL TERMS

UNSECURED DEBT

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only reme... (more...)

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only remedy is to sue you and get a judgment. Compare secured debt.

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.

NONPROFIT CORPORATION

A legal structure authorized by state law allowing people to come together to either benefit members of an organization (a club, or mutual benefit society) or f... (more...)

A legal structure authorized by state law allowing people to come together to either benefit members of an organization (a club, or mutual benefit society) or for some public purpose (such as a hospital, environmental organization or literary society). Nonprofit corporations, despite the name, can make a profit, but the business cannot be designed primarily for profit-making purposes, and the profits must be used for the benefit of the organization or purpose the corporation was created to help. When a nonprofit corporation dissolves, any remaining assets must be distributed to another nonprofit, not to board members. As with for-profit corporations, directors of nonprofit corporations are normally shielded from personal liability for the organization's debts. Some nonprofit corporations qualify for a federal tax exemption under _ 501(c)(3) of the Internal Revenue Code, with the result that contributions to the nonprofit are tax deductible by their donors.

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.

CCCS

See Consumer Credit Counseling Service.

UNDUE HARDSHIP

The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in t... (more...)

The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in the future to pay off the loan may be able to show that repayment would be an undue hardship.

CHAPTER 13 PLAN

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to ... (more...)

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to pay all mandatory debts -- for example, back child support, taxes, and mortgage arrearages -- as well as some or all unsecured, nonpriority debts, such as medical and credit card bills.

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.

Lewis County, NY Bankruptcy & Debt Lawyers

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Edgar S. K. Merrell

Adam Roy Matteson

Jonathan W. Miller

Ian William Gilbert

Joan E. Mcnichol

Mary M. Iocovozzi

Candace Lyn Carpenter

Lydia Lea Young

Keith Alexander Lyndaker

Kevin M. Mcardle

TIPS

LEGAL TERMS

UNSECURED DEBT

LIMITED LIABILITY

NONPROFIT CORPORATION

DEFINED CONTRIBUTION PLAN

CCCS

UNDUE HARDSHIP

CHAPTER 13 PLAN

LIMITED PARTNERSHIP

FDCPA

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