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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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David G. Linger

Other, Real Estate, Government, Bankruptcy & Debt

Status: In Good Standing Licensed: 37 Years

CONTACT

Geneva, NY 14456

Frank J. Beretta

International, Divorce & Family Law, Bankruptcy & Debt

Status: In Good Standing Licensed: 40 Years

CONTACT

Pittsford-Victor Road, Victor, NY 14564

Heather Engel

General Practice

Status: Inactive Licensed: 30 Years

CONTACT

16 Old French Rd, Honeoye Falls, NY 14472

Heather C. Engel

General Practice

Status: Inactive Licensed: 30 Years

CONTACT

16 Old French Rd, Honeoye Falls, NY 14472

John Anthony Polimeni

Natural Resources, Contract, Bankruptcy, Medical Malpractice

Status: In Good Standing Licensed: 38 Years

CONTACT

540 S Main St, Canandaigua, NY 14424

John Francis Leyden

Industry Specialties, Business, Bankruptcy & Debt

Status: In Good Standing Licensed: 50 Years

CONTACT

Wayland, NY 14572

Kelly Jeanne Diggins

Electronic Commerce, Business & Trade, Business, Commercial Bankruptcy

Status: In Good Standing Licensed: 17 Years

CONTACT

207 High Point Dr, Victor, NY 14564

Kelly Jeanne Diggins

Electronic Commerce, Business & Trade, Business, Commercial Bankruptcy

Status: In Good Standing Licensed: 17 Years

CONTACT

207 High Point Dr, Victor, NY 14564

Michael Joseph Roulan

Real Estate, Lawsuit & Dispute, Estate, Criminal, Bankruptcy

Status: In Good Standing Licensed: 49 Years

CONTACT

407 S Main St, Geneva, NY 14456

Patrick J. Conklin

Alimony & Spousal Support, Child Support, Consumer Bankruptcy, Farms

Status: In Good Standing Licensed: 20 Years

CONTACT

20 Ontario St, Canandaigua, NY 14424

800-923-0641

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800-943-8690

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LEGAL TERMS

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.

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.

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.

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.

ADMINISTRATIVE EXPENSES

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Admi... (more...)

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Administrative costs are typically 10% of the debtor's total payments under the plan.

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.

SECRET WARRANTY PROGRAM

A program under which a car manufacturer will make repairs for free on vehicles with persistent problems, even after the warranty has expired, in order to avoid... (more...)

A program under which a car manufacturer will make repairs for free on vehicles with persistent problems, even after the warranty has expired, in order to avoid a recall and the accompanying bad press. Secret warranties are rarely advertised by the manufacturer, so consumers must pursue the manufacturer to discover and take advantage of them. A few states require manufacturers to notify car buyers when they adopt secret warranty programs.

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

A national non-profit agency that, at no cost, helps debtors plan budgets and repay their debts. One major criticism of CCCS is that each office is primarily fu... (more...)

A national non-profit agency that, at no cost, helps debtors plan budgets and repay their debts. One major criticism of CCCS is that each office is primarily funded by voluntary donations from the creditors that receive payments from debtors repaying their debts through that office. Despite this criticism, most CCCS counselors provide clients with thorough and neutral advice.

Middlesex Bankruptcy & Debt Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

David G. Linger

Frank J. Beretta

Heather Engel

Heather C. Engel

John Anthony Polimeni

John Francis Leyden

Kelly Jeanne Diggins

Kelly Jeanne Diggins

Michael Joseph Roulan

Patrick J. Conklin

TIPS

LEGAL TERMS

NONPROFIT CORPORATION

IRS EXPENSES

LIMITED PARTNERSHIP

TOXIC TORT

ADMINISTRATIVE EXPENSES

INFRINGEMENT (OF TRADEMARK)

SECRET WARRANTY PROGRAM

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

CREDITOR

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