Buffalo Bankruptcy & Debt Lawyer, New York, page 2

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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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Lewis Lesses Schwartz

Government, Bankruptcy

Status: In Good Standing Licensed: 29 Years

CONTACT

1231 Delaware Ave, Buffalo, NY 14209

Robert William Godwin

Immigration, Government, Wills & Probate, Bankruptcy & Debt

Status: In Good Standing Licensed: 26 Years

CONTACT

1234 Delaware Avenue, Buffalo, NY 14209

Richard Edmund Stanton

Land Use & Zoning, Health Care, Criminal, Bankruptcy & Debt

Status: In Good Standing Licensed: 38 Years

CONTACT

415 Franklin St, Buffalo, NY 14202

David Brian Smith

Employee Rights, Family Law, Bankruptcy, Personal Injury

Status: In Good Standing Licensed: 31 Years

CONTACT

475 Delaware Ave, Buffalo, NY 14202

Ethan Brendan Murphy

Employee Rights, Family Law, Bankruptcy, Personal Injury

Status: In Good Standing Licensed: 9 Years

CONTACT

475 Delaware Ave, Buffalo, NY 14202

Michael J. Gallagher

Workers' Compensation, Constitutional Law, Insurance, Bankruptcy, Products Liability

Status: In Good Standing Licensed: 40 Years

CONTACT

665 Main St, Buffalo, NY 14203

William Edward Lawson

Real Estate, Health Care, Business, Bankruptcy & Debt

Status: In Good Standing Licensed: 71 Years

CONTACT

730 Convention Tower, Buffalo, NY 14202

Amy J. Vigneron

Family Law, Child Custody, Business, Bankruptcy & Debt

Status: In Good Standing Licensed: 34 Years

CONTACT

343 Elmwood Ave, Buffalo, NY 14222

Heidi I. Jones

Tax, Non-profit, Business, Bankruptcy & Debt

Status: In Good Standing Licensed: 12 Years

CONTACT

115 Elmwood Ave, Buffalo, NY 14201

Jennifer A. Hurley

Real Estate, Lawsuit & Dispute, Child Support, Bankruptcy & Debt

Status: In Good Standing Licensed: 23 Years

CONTACT

390 Elmwood Ave, Buffalo, NY 14222

800-923-0641

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LEGAL TERMS

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.

GUARANTEED RESERVATION

A hotel or rental car reservation secured by a credit card number. In exchange for your card number, the hotel or rental agency promises to have a room or vehic... (more...)

A hotel or rental car reservation secured by a credit card number. In exchange for your card number, the hotel or rental agency promises to have a room or vehicle for you no matter when you show up. If you have a guaranteed reservation with a hotel, it must provide you with a room, either at that hotel or at another comparable establishment. If you have a guaranteed reservation with a car agency, it must provide you with a vehicle. The downside of a guaranteed reservation is that if you don't show up and haven't cancelled your reservation, you will be billed for one night in the room or one day's use of the vehicle.

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.

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.

CCCS

See Consumer Credit Counseling Service.

GARNISHMENT

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if ... (more...)

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if she loses a lawsuit filed by the creditor. Up to 25% of a person's wages can be deducted.

FDCPA

See Fair Debt Collections & Practices Act.

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.

ADMINISTRATIVE EXPENSES

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Admi... (more...)

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Administrative costs are typically 10% of the debtor's total payments under the plan.

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Buffalo Bankruptcy & Debt Lawyer, New York, page 2

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Lewis Lesses Schwartz

Robert William Godwin

Richard Edmund Stanton

David Brian Smith

Ethan Brendan Murphy

Michael J. Gallagher

William Edward Lawson

Amy J. Vigneron

Heidi I. Jones

Jennifer A. Hurley

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LEGAL TERMS

DISCHARGEABLE DEBTS

GUARANTEED RESERVATION

S CORPORATION

INTEREST

CCCS

GARNISHMENT

FDCPA

WORKOUT

ADMINISTRATIVE EXPENSES

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