Aramex Reorganization 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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Lauren Marie Bernstein

Litigation, Immigration, Reorganization, Bankruptcy & Debt, Federal

Status: Licensed: 9 Years

CONTACT

400 Garden City Plaza, Garden City, NY 11530

Mary Ann Catalano

Trusts, Estate, Employment, Reorganization

Status:

CONTACT

1122 Franklin Ave, Garden City, NY 11530

Rhoda Y. Andors

Administrative Law, Reorganization, Wrongful Termination, Civil Rights

Status:

CONTACT

98 Cutter Mill Road, Great Neck, NY 11021

Jessica Gittle Berman

Litigation, Business Organization, Reorganization, Bankruptcy & Debt

Status:

CONTACT

990 Stewart Avenue, Garden City, NY 11530

James J. DeCristofaro

Lawsuit & Dispute, Business, Commercial Bankruptcy, Reorganization, Dissolution

Status: Licensed: 23 Years

CONTACT

42 West 24th Street, New York, NY 10010

Joseph P McGurk

Contract, Dispute Resolution, Reorganization, Advertising

Status: Licensed: 24 Years

CONTACT

350 Jay St, Brooklyn, NY 11201

Michael Joshua Kasen

Bankruptcy & Debt, Bankruptcy, Credit & Debt, Reorganization, Foreclosure

Status: Licensed: 12 Years

FREE CONSULTATION

CONTACT

25 Broadway, New York, NY 10004

Gerard Diconza

Reorganization, Commercial Bankruptcy, Bankruptcy

Status: Licensed: 30 Years

CONTACT

630 3rd Ave, New York, NY 10017

Heather Lennox

Reorganization, Consumer Rights

Status:

CONTACT

222 East 41St Street, New York, NY 10017

Kevin Eugene Roe

Reorganization

Status: Licensed: 11 Years

CONTACT

425 Lexington Ave, New York, NY 10017

800-923-0641

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LEGAL TERMS

DISCHARGE (OF DEBTS)

A bankruptcy court's erasure of the debts of a person or business that has filed for bankruptcy.

CREDIT COUNSELING

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Unde... (more...)

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Under the new bankruptcy law, a debtor must undergo credit counseling with an approved provider before filing for bankruptcy.

CREDIT INSURANCE

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay o... (more...)

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay off the remaining balance. Federal and state consumer protection laws require the lender to disclose to existing and potential borrowers the terms and costs of obtaining credit insurance because it can affect the terms of the loan.

MEETING OF CREDITORS

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a f... (more...)

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a few questions. In a Chapter 7, the meeting of creditors lasts a few minutes and rarely do any creditors show up. In a Chapter 13 bankruptcy, one or two creditors may attend, especially if they disagree with some provision of your repayment plan.

S CORPORATION

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status fro... (more...)

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status from the Internal Revenue Service. Electing to do business as an S corporation lets shareholders enjoy limited liability status, as would be true of any corporation, but be taxed like a partnership or sole proprietor. That is, instead of being taxed as a separate entity (as would be the case with a regular or C corporation) an S corporation is a pass-through tax entity: income taxes are reported and paid by the shareholders, not the S corporation. To qualify as an S corporation a number of IRS rules must be met, such as a limit of 75 shareholders and citizenship requirements.

CREDITOR

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

FRATERNAL BENEFIT SOCIETY BENEFITS

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal socie... (more...)

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal societies that provide benefits. Also called benefit society, benevolent society or mutual aid association benefits. Under bankruptcy laws, these benefits are virtually always considered exempt property.

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.

UNSECURED DEBT

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only reme... (more...)

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only remedy is to sue you and get a judgment. Compare secured debt.

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Aramex Reorganization Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Lauren Marie Bernstein

Mary Ann Catalano

Rhoda Y. Andors

Jessica Gittle Berman

James J. DeCristofaro

Joseph P McGurk

Michael Joshua Kasen

Gerard Diconza

Heather Lennox

Kevin Eugene Roe

TIPS

LEGAL TERMS

DISCHARGE (OF DEBTS)

CREDIT COUNSELING

CREDIT INSURANCE

MEETING OF CREDITORS

S CORPORATION

CREDITOR

FRATERNAL BENEFIT SOCIETY BENEFITS

ACCORD AND SATISFACTION

UNSECURED DEBT

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