Cadyville Bankruptcy & Debt 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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John J. Balkunas

Social Security -- Disability, Personal Injury, Foreclosure, Bankruptcy

Status: In Good Standing

CONTACT

3 Duquette Rd, Cadyville, NY 12918

Darrell L. Bowen

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

Status: In Good Standing Licensed: 42 Years

CONTACT

386 Rand Hill Rd, Morrisonville, NY 12962

Lori Ann Cantwell

Lawsuit & Dispute, Civil & Human Rights, Bankruptcy & Debt, Accident & Injury

Status: In Good Standing Licensed: 34 Years

CONTACT

334 Cornelia St, Plattsburgh, NY 12901

Carolyn R. Hoffmann

Real Estate, Family Law, Business, Bankruptcy & Debt

Status: In Good Standing

CONTACT

100 Court Street, Plattsburgh, NY 12901

William A. Favreau

Landlord-Tenant, Traffic, Wills & Probate, Bankruptcy

Status: In Good Standing Licensed: 41 Years

CONTACT

137 Margaret St, Plattsburgh, NY 12901

Mark Anderson

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

Status: In Good Standing Licensed: 30 Years

CONTACT

50 Clinton Street, Plattsburgh, NY 12901

Donald Willard Biggs

Landlord-Tenant, Divorce & Family Law, Collection, Bankruptcy

Status: In Good Standing Licensed: 29 Years

CONTACT

137 Margaret St, Plattsburgh, NY 12901

Frank G. Zappala

Bankruptcy & Debt, Social Security, Insurance, Bankruptcy, Lawsuit & Dispute

Status: In Good Standing Licensed: 34 Years

CONTACT

142 Margaret St, Plattsburgh, NY 12901

Robert Alan Kagan

Real Estate, Divorce & Family Law, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 48 Years

CONTACT

Plattsburgh, NY 12901

Jessica L Miller

Industry Specialties, Business, Bankruptcy & Debt

Status: In Good Standing Licensed: 21 Years

CONTACT

1 Cumberland Ave, Plattsburgh, NY 12901

800-923-0641

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800-943-8690

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LEGAL TERMS

FCBA

See Fair Credit Billing Act.

CCCS

See Consumer Credit Counseling Service.

C CORPORATION

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S c... (more...)

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S corporation, whose profits are passed through to shareholders and taxed on their personal returns under subchapter S of the Internal Revenue Code.

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.

CHAPTER 13 BANKRUPTCY

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your inc... (more...)

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your income to pay all or a portion of the debts over three to five years. The minimum amount you must pay is roughly equal to the value of your nonexempt property. In addition, you must pledge your disposable net income -- after subtracting reasonable expenses -- for the period during which you are making payments. At the end of the three-to five-year period, the balance of what you owe on most debts is erased.

SOLE PROPRIETORSHIP

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, m... (more...)

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, meaning that business profits are reported and taxed on the owner's personal tax return. Setting up a sole proprietorship is cheap and easy since no legal formation documents need be filed with any governmental agency (although tax registration and other permit and license requirements may still apply). Once you file a fictitious name statement (assuming you don't use your own name) and obtain any required basic tax permits and business licenses, you'll be in business. The main downside of a sole proprietorship is that its owner is personally liable for all business debts.

FDCPA

See Fair Debt Collections & Practices Act.

IRS EXPENSES

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income mu... (more...)

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income must use the IRS expenses to calculate their average net income in a Chapter 7 case, or their disposable income in a Chapter 13 case.

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.

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Cadyville Bankruptcy & Debt Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

John J. Balkunas

Darrell L. Bowen

Lori Ann Cantwell

Carolyn R. Hoffmann

William A. Favreau

Mark Anderson

Donald Willard Biggs

Frank G. Zappala

Robert Alan Kagan

Jessica L Miller

TIPS

LEGAL TERMS

FCBA

CCCS

C CORPORATION

MEANS TEST

CHAPTER 13 BANKRUPTCY

SOLE PROPRIETORSHIP

FDCPA

IRS EXPENSES

WORKOUT

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