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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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David G Wallace

Adoption, Bankruptcy, Child Support, Criminal

Status: In Good Standing

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108 E. Steuben Street, Bath, NY 14810

John Anthony Polimeni

Natural Resources, Contract, Bankruptcy, Medical Malpractice

Status: In Good Standing Licensed: 38 Years

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540 S Main St, Canandaigua, NY 14424

Patrick J. Cooney

Real Estate, Environmental Law, Employment, Bankruptcy

Status: In Good Standing Licensed: 50 Years

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23 Coach St, Canandaigua, NY 14424

Patrick J. Conklin

Alimony & Spousal Support, Child Support, Consumer Bankruptcy, Farms

Status: In Good Standing Licensed: 20 Years

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20 Ontario St, Canandaigua, NY 14424

Patrick J. Conklin

Divorce & Family Law, Bankruptcy & Debt, Accident & Injury

Status: In Good Standing Licensed: 20 Years

CONTACT

20 Ontario St, Canandaigua, NY 14424

Susan S. Cooney

International, Divorce & Family Law, Criminal, Bankruptcy & Debt

Status: In Good Standing Licensed: 52 Years

CONTACT

70 N Main St, Canandaigua, NY 14424

Christine Valkenburgh

Real Estate, Government, Business, Bankruptcy & Debt

Status: In Good Standing Licensed: 34 Years

CONTACT

7 E Steuben St, Bath, NY 14810

David G. Linger

Other, Real Estate, Government, Bankruptcy & Debt

Status: In Good Standing Licensed: 37 Years

CONTACT

Geneva, NY 14456

Peter Olav Einset

Government, Divorce & Family Law, Bankruptcy & Debt

Status: In Good Standing Licensed: 41 Years

CONTACT

116 William St, Geneva, NY 14456

Michael Joseph Roulan

Real Estate, Lawsuit & Dispute, Estate, Criminal, Bankruptcy

Status: In Good Standing Licensed: 49 Years

CONTACT

407 S Main St, Geneva, NY 14456

800-923-0641

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800-943-8690

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LEGAL TERMS

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.

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.

WORKOUT

A debtor's plan to take care of a debt, by paying it off or through loan forgiveness. Workouts are often created to avoid bankruptcy or foreclosure proceedings.

CCCS

See Consumer Credit Counseling Service.

DISCHARGEABLE DEBTS

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bill... (more...)

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bills and medical bills. Compare nondischargeable debts.

GRACE PERIOD

A period of time during which you are not required to make payments on a debt. For example, most credit cards give you a grace period of 20-30 days before you h... (more...)

A period of time during which you are not required to make payments on a debt. For example, most credit cards give you a grace period of 20-30 days before you have to pay interest on the amount of your purchases. Cash advances, however, usually have no grace period; interest begins to accumulate from the date of the withdrawal, even if you pay your bills on time. Also, some student loans give you a grace period after graduating or dropping out of school. During this time, you are not required to make payments on your loan.

CHAPTER 7 BANKRUPTCY

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 b... (more...)

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 bankruptcy takes from three to six months, costs about $200, and commonly requires only one trip to the courthouse.

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.

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.

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Branchport Bankruptcy & Debt Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

David G Wallace

John Anthony Polimeni

Patrick J. Cooney

Patrick J. Conklin

Patrick J. Conklin

Susan S. Cooney

Christine Valkenburgh

David G. Linger

Peter Olav Einset

Michael Joseph Roulan

TIPS

LEGAL TERMS

GENERAL PARTNER

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

WORKOUT

CCCS

DISCHARGEABLE DEBTS

GRACE PERIOD

CHAPTER 7 BANKRUPTCY

MEETING OF CREDITORS

INFRINGEMENT (OF TRADEMARK)

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