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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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Brendan R. Wolf

Election & Political, Business Organization, Eminent Domain, Collection

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FREE CONSULTATION

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4 Old Route 146, Clifton Park, NY 12065

Craig H. Norman

Collection

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122 Remsen Street, Cohoes, NY 12047

George W. Redder

Corporate, Business Organization, Bankruptcy, Divorce

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243 Wall Street, Kingston, NY 12401

Ian L. Crimmins

Estate Planning, Family Law, Criminal, Collection

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FREE CONSULTATION

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18 Park Row, Chatham, NY 12037

Marc S. Ehrlich

Bankruptcy, Bankruptcy & Debt

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64 2nd Street, Troy, NY 12180

Scott M. Ronda

Business Organization, Family Law, Collection, Banking & Finance

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514 Vischers Ferry Road, Clifton Park, NY 12065

Aaron M. Depaolo

Federal Appellate Practice, Insurance, Bankruptcy, Medical Malpractice

Status: Licensed: 11 Years

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20 Corporate Woods Blvd, Albany, NY 12211

Adam Hill Cooper

Other, Real Estate, Collection, Accident & Injury

Status: Licensed: 20 Years

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20 Corporate Woods Blvd, Albany, NY 12211

Adam Alvarez

Real Estate, Government, Criminal, Bankruptcy & Debt

Status: Licensed: 24 Years

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279 Troy Rd, Rensselaer, NY 12144

Adam Fordham Kinney

Other, Lawsuit & Dispute, Bankruptcy & Debt

Status: Licensed: 16 Years

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10 Corporate Woods Dr, Albany, NY 12211

800-814-6700

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LEGAL TERMS

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.

TRADE NAME

The official name of a business, the one it uses on its letterhead and bank account when not dealing with consumers.

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.

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.

LOSS DAMAGE WAIVER (LDW)

Rental car insurance that makes the rental car company responsible for damage to or theft of a rental car. This insurance is a major consumer ripoff, as it ofte... (more...)

Rental car insurance that makes the rental car company responsible for damage to or theft of a rental car. This insurance is a major consumer ripoff, as it often duplicates coverage provided by the renter's regular car insurance and/or the credit card she uses to rent the car. Nevertheless, hard-sell practices by rental car agents often dupe people into buying LDWs they don't really need. LDW is also called 'collision damage waiver.'

FCBA

See Fair Credit Billing Act.

COLLATERAL

Property that guarantees payment of a secured debt.

SETOFF

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a countercl... (more...)

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a counterclaim filed by a defendant in a lawsuit. Banks may try to exercise a setoff by taking money out of a deposit account to satisfy past due payments on a loan or credit card bill. Such an act is illegal under most circumstances.

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.

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Acra Bankruptcy & Debt Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Brendan R. Wolf

Craig H. Norman

George W. Redder

Ian L. Crimmins

Marc S. Ehrlich

Scott M. Ronda

Aaron M. Depaolo

Adam Hill Cooper

Adam Alvarez

Adam Fordham Kinney

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LEGAL TERMS

UNDUE HARDSHIP

TRADE NAME

ACCORD AND SATISFACTION

CYBERSQUATTING

LOSS DAMAGE WAIVER (LDW)

FCBA

COLLATERAL

SETOFF

REPOSSESSION

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