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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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Joseph Isaac Terkell

Real Estate, Bankruptcy & Debt

Status: In Good Standing Licensed: 44 Years

CONTACT

19 Bender Rd, New City, NY 10956

Scott Laurence Esbin

Employment, Business, Bankruptcy & Debt

Status: In Good Standing Licensed: 35 Years

CONTACT

497 Route 304, New City, NY 10956

Michael Patrick O'Connor

Real Estate, Divorce & Family Law, Criminal, Bankruptcy

Status: In Good Standing Licensed: 37 Years

CONTACT

10 Esquire Rd, New City, NY 10956

Richard Weinberger

Real Estate, Bankruptcy & Debt

Status: In Good Standing Licensed: 62 Years

CONTACT

40 Skylark Dr, Spring Valley, NY 10977

Paul D. Feinstein

Real Estate, Lawsuit & Dispute, Estate, Bankruptcy & Debt

Status: In Good Standing Licensed: 57 Years

CONTACT

4 Oak Ct, Stony Point, NY 10980

Michael Leslie Klein

Industry Specialties, Civil & Human Rights, Business, Bankruptcy & Debt

Status: In Good Standing Licensed: 46 Years

CONTACT

2 Executive Blvd, Suffern, NY 10901

Julian A. Schulman

Bankruptcy & Debt

Status: In Good Standing Licensed: 46 Years

CONTACT

Four Executive Blvd, Suffern, NY 10901

Marc I. Kissel

Bankruptcy & Debt

Status: In Good Standing Licensed: 34 Years

CONTACT

4 Executive Blvd, Suffern, NY 10901

Steven M. Greco

Bankruptcy & Debt

Status: In Good Standing Licensed: 33 Years

CONTACT

4 Executive Blvd, Suffern, NY 10901

Jeffrey L. Sapir

Real Estate, Bankruptcy & Debt

Status: In Good Standing

CONTACT

10 Topaz Ct, Suffern, NY 10901

800-923-0641

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LEGAL TERMS

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.

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.

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.

ABUSE

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because ... (more...)

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because the debtor appears to have enough disposable income to fund a Chapter 13 repayment plan.

GUARANTEED RESERVATION

A hotel or rental car reservation secured by a credit card number. In exchange for your card number, the hotel or rental agency promises to have a room or vehic... (more...)

A hotel or rental car reservation secured by a credit card number. In exchange for your card number, the hotel or rental agency promises to have a room or vehicle for you no matter when you show up. If you have a guaranteed reservation with a hotel, it must provide you with a room, either at that hotel or at another comparable establishment. If you have a guaranteed reservation with a car agency, it must provide you with a vehicle. The downside of a guaranteed reservation is that if you don't show up and haven't cancelled your reservation, you will be billed for one night in the room or one day's use of the vehicle.

FDCPA

See Fair Debt Collections & Practices Act.

CREDIT FILE

See credit report.

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.

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.

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Pomona Bankruptcy & Debt Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Joseph Isaac Terkell

Scott Laurence Esbin

Michael Patrick O'Connor

Richard Weinberger

Paul D. Feinstein

Michael Leslie Klein

Julian A. Schulman

Marc I. Kissel

Steven M. Greco

Jeffrey L. Sapir

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LEGAL TERMS

BULK SALES LAW

TRADE DRESS

DISCHARGEABLE DEBTS

ABUSE

GUARANTEED RESERVATION

FDCPA

CREDIT FILE

CHAPTER 7 BANKRUPTCY

DEBT COLLECTOR

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