West Leyden Collection Lawyer, New York

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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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Diane Marie Martin-Grande

Deportation, Divorce, Divorce & Family Law, Collection

Status: In Good Standing

CONTACT

1200 Floyd Ave, Rome, NY 13440

Michael N. Kalil

Family Law, Business Organization, Banking & Finance, Collection, Child Custody

Status: In Good Standing Licensed: 38 Years

CONTACT

1602 Sunset Ave, Utica, NY 13502

Justin Michael Nackley

Wills & Probate, Wrongful Termination, Workers' Compensation, Collection

Status: In Good Standing

CONTACT

23 Oxford Rd, New Hartford, NY 13413

Peter Alan Baum

Social Security, Family Law, Criminal, Collection

Status: In Good Standing Licensed: 52 Years

CONTACT

601 Lakeport Rd, Chittenango, NY 13037

Katherine Barry

Criminal, Collection, Family Law, Juvenile Law

Status: Inactive Licensed: 13 Years

CONTACT

11506A Overlook Pl, Watertown, NY 13603

Mark A. Ventrone

Power of Attorney, Motor Vehicle, Collection, Personal Injury, Traffic

Status: In Good Standing Licensed: 42 Years

CONTACT

214 North State Street, Syracuse, NY 13203

Joel N. Melnicoff

Social Security -- Disability, Collection, Banking & Finance, Wills & Probate

Status: In Good Standing Licensed: 60 Years

CONTACT

622 University Ave, Syracuse, NY 13210

Karl Erik Manne

Landlord-Tenant, Wills & Probate, Collection, Bankruptcy

Status: In Good Standing

CONTACT

107 Court Street, Herkimer, NY 13350

Robert B. Liddell

Mass Torts, Litigation, Estate, Collection, Bankruptcy & Debt

Status: In Good Standing Licensed: 34 Years

CONTACT

125 E Jefferson St, Syracuse, NY 13202

Kelsey Walter Shannon

Consumer Protection, Insurance, Collection, Personal Injury

Status: In Good Standing Licensed: 17 Years

CONTACT

333 W Washington St, Syracuse, NY 13202

800-923-0641

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LEGAL TERMS

ACCORD AND SATISFACTION

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collectin... (more...)

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collecting as much money as they can from debtors who cannot pay the full amount.

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.

LIQUIDATING PARTNER

The member of an insolvent or dissolving partnership responsible for paying the debts and settling the accounts of the partnership.

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.

FAIR LABOR STANDARDS ACT (FLSA)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements ... (more...)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements for overtime and places restrictions on child labor.

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.

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.

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.

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West Leyden Collection Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Diane Marie Martin-Grande

Michael N. Kalil

Justin Michael Nackley

Peter Alan Baum

Katherine Barry

Mark A. Ventrone

Joel N. Melnicoff

Karl Erik Manne

Robert B. Liddell

Kelsey Walter Shannon

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LEGAL TERMS

ACCORD AND SATISFACTION

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

LIQUIDATING PARTNER

PREFERENCE

FAIR LABOR STANDARDS ACT (FLSA)

CCCS

UNDUE HARDSHIP

BULK SALES LAW

MEANS TEST

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