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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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Vanessa Hanks

Immigration, Contract, Credit & Debt, Collection

Status: In Good Standing

FREE CONSULTATION

CONTACT

Farmington, NY 14425

Theron Edwin Howard

Foreclosure, State Government, Estate Planning, Banking & Finance, Collection

Status: In Good Standing Licensed: 48 Years

CONTACT

15 Clay St, Le Roy, NY 14482

David M. Kaplan

Commercial Banks, Collection, Class Action, Bankruptcy

Status: In Good Standing

CONTACT

46 Helmsford Way, Penfield, NY 14526

Bradley M Yusuf

Litigation, Dispute Resolution, Federal Appellate Practice, Collection, Commercial Real Estate

Status: In Good Standing

CONTACT

99 Garnsey Road, Pittsford, NY 14534

Robert L. Jacobson

Collection

Status: In Good Standing Licensed: 44 Years

CONTACT

1080 Pittsford Victor Rd, Pittsford, NY 14534

Anthony Joseph Adiutori

Real Estate, Banking & Finance, Credit & Debt, Collection

Status: In Good Standing

CONTACT

300 Bausch & Lomb Place, Rochester, NY 14604

Michael Christopher Pretsch

DUI-DWI, Collection, Personal Injury

Status: In Good Standing Licensed: 10 Years

CONTACT

120 Allens Creek Rd, Rochester, NY 14618

Bridget Elizabeth Marsh

Landlord-Tenant, Collection, Personal Injury

Status: In Good Standing Licensed: 9 Years

CONTACT

Rochester, NY 14625

Agostino V. Coccia

Foreclosure, Consumer Protection, Collection, Personal Injury

Status: In Good Standing

CONTACT

One East Main Street, Rochester, NY 14614

David L. Rasmussen

Real Estate, Traffic, Estate Planning, Estate, Collection

Status: In Good Standing

CONTACT

400 Meridian Centre Blvd, Rochester, NY 14618

800-923-0641

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LEGAL TERMS

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.

MEANS TEST

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income ... (more...)

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income for his or her state should be allowed to file for Chapter 7 bankruptcy.

C CORPORATION

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S c... (more...)

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S corporation, whose profits are passed through to shareholders and taxed on their personal returns under subchapter S of the Internal Revenue Code.

GARNISHMENT

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if ... (more...)

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if she loses a lawsuit filed by the creditor. Up to 25% of a person's wages can be deducted.

CREDITOR

A person or entity (such as a bank) to whom a debt is owed.

CURRENT MONTHLY INCOME

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding... (more...)

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding the bankruptcy filing. The debtor's current monthly income is used to determine whether the debtor can file for Chapter 7 bankruptcy, among other things.

GENERAL PARTNER

A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners), is personally liable for all the... (more...)

A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners), is personally liable for all the business's debts and obligations. A general partner's actions can legally bind the entire business. See also partnership, limited partnership.

COLLATERAL

Property that guarantees payment of a secured debt.

NONEXEMPT PROPERTY

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typicall... (more...)

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typically includes valuable clothing (furs) and electronic equipment, an expensive car that's been paid off and most of the equity in your house. Compare exempt property.

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Retsof Collection Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Vanessa Hanks

Theron Edwin Howard

David M. Kaplan

Bradley M Yusuf

Robert L. Jacobson

Anthony Joseph Adiutori

Michael Christopher Pretsch

Bridget Elizabeth Marsh

Agostino V. Coccia

David L. Rasmussen

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LEGAL TERMS

INFRINGEMENT (OF TRADEMARK)

MEANS TEST

C CORPORATION

GARNISHMENT

CREDITOR

CURRENT MONTHLY INCOME

GENERAL PARTNER

COLLATERAL

NONEXEMPT PROPERTY

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