Wayne County, NY Bankruptcy & Debt Lawyers, page 4

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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 Wayne Bankruptcy & Debt lawyer.
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Mary Katherine Villani

Government, Divorce & Family Law, Criminal, Medical Malpractice

Status: In Good Standing Licensed: 31 Years

CONTACT

66 William St, Lyons, NY 14489

Ronald C. Valentine

Government, Criminal

Status: In Good Standing Licensed: 59 Years

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2176 Creek Rd, Palmyra, NY 14522

Pamela J. Gardner

Real Estate, Estate, Business

Status: In Good Standing Licensed: 43 Years

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330 East Ave, Newark, NY 14513

John Tyson Blue

Tax, Landlord-Tenant, Defect and Lemon Law, Wrongful Termination

Status: In Good Standing Licensed: 34 Years

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4064 County Line Rd, Macedon, NY 14502

Roy Graham Franks

Foreclosure, Employment, Bankruptcy

Status: In Good Standing Licensed: 12 Years

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77 Water St, Lyons, NY 14489

Stephen Robert Warner

General Practice

Status: In Good Standing Licensed: 18 Years

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6 E Main St, Sodus, NY 14551

Richard Mack Healy

General Practice

Status: In Good Standing Licensed: 44 Years

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54 Broad St, Lyons, NY 14489

Eugene T. Clifford

General Practice

Status: In Good Standing Licensed: 58 Years

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2889 White Birch Cv, Williamson, NY 14589

Edwin P. Frick

Estate, Wrongful Termination, Criminal, Bankruptcy

Status: In Good Standing Licensed: 11 Years

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6 E Main St, Sodus, NY 14551

Quinn Marie Morris

General Practice

Status: In Good Standing Licensed: 17 Years

CONTACT

131 Drumlin Court, Newark, NY 14513

800-923-0641

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LEGAL TERMS

FCBA

See Fair Credit Billing Act.

CYBERSQUATTING

Buying a domain name that reflects the name of a business or famous person with the intent of selling the name back to the business or celebrity for a profit. T... (more...)

Buying a domain name that reflects the name of a business or famous person with the intent of selling the name back to the business or celebrity for a profit. The Anticybersquatting Consumer Protection Act of 1999 authorizes a cybersquatting victim to file a federal lawsuit to regain a domain name or sue for financial compensation. Under the act, registering, selling or using a domain name with the intent to profit from someone else's good name is considered cybersquatting. Victims of cybersquatting can also use the provisions of the Uniform Domain Name Dispute Resolution Policy adopted by ICANN, an international tribunal administering domain names. This international policy results in arbitration of the dispute, not litigation.

PREFERENCE

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commer... (more...)

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commercial creditors) and within one year for insider creditors (friends, family members, and business associates). Because a preference gives the creditor who received the payment an edge over other creditors in the bankruptcy case, the trustee can recover the preference (the amount of the payment) and distribute it among all of the creditors.

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.

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.

401(K) PLAN

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income ... (more...)

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income taxes on the amount invested and any earnings are due until the employee withdraws money from the fund.

INTEREST

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to ... (more...)

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to your balance. This means that if your loan or credit line has an interest rate of 8%, the holder adds 8% to the balance each year. More specifically, interest is calculated and added to your loan or credit line through a process called compounding. If interest is compounded daily, the balance will rise by 1/365th of 8% each day. If interest is compounded monthly, the balance will rise 1/12th of 8% at the start of each month.

AUTOMATIC STAY

An injunction automatically issued by the bankruptcy court when a debtor files for bankruptcy. The automatic stay prohibits most creditor collection activities,... (more...)

An injunction automatically issued by the bankruptcy court when a debtor files for bankruptcy. The automatic stay prohibits most creditor collection activities, such as filing or continuing lawsuits, making written requests for payment, or notifying credit reporting bureaus of an unpaid debt.

FAIR DEBT COLLECTIONS & PRACTICES ACT (FDCPA)

A federal law that outlaws unfair debt collection practices, including lying, harassing, misleading and otherwise abusing debtors, by debt collectors working fo... (more...)

A federal law that outlaws unfair debt collection practices, including lying, harassing, misleading and otherwise abusing debtors, by debt collectors working for collection agencies. The law does not apply to creditors collecting their own debts. This law has greatly improved conditions for debtors, although more than a few debt collectors ignore the law. If a collection agency violates the law, debtors can contact the Federal Trade Commission for help.

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Wayne County, NY Bankruptcy & Debt Lawyers, page 4

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Mary Katherine Villani

Ronald C. Valentine

Pamela J. Gardner

John Tyson Blue

Roy Graham Franks

Stephen Robert Warner

Richard Mack Healy

Eugene T. Clifford

Edwin P. Frick

Quinn Marie Morris

TIPS

LEGAL TERMS

FCBA

CYBERSQUATTING

PREFERENCE

BULK SALES LAW

REPOSSESSION

401(K) PLAN

INTEREST

AUTOMATIC STAY

FAIR DEBT COLLECTIONS & PRACTICES ACT (FDCPA)

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