Candor Workout 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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Not enough matches for Candor Workout lawyer.
Below are all Candor Bankruptcy & Debt lawyers.

Lee Matthew Van Houten

Alimony & Spousal Support, Bankruptcy, Collection, Criminal

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104-114 North Cayuga Street, Ithaca, NY 14850

Anna Jane Smith

Consumer Bankruptcy

Status: Licensed: 12 Years

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104-114 North Cayuga St, Ithaca, NY 14850

Mark Charles Gugino

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

Status: Licensed: 28 Years

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144 Bald Hill Road, Spencer, NY 14883

Michael Salvatore Fauci

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

Status: Licensed: 31 Years

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Hayden Randolph Brainard

Power of Attorney, Intellectual Property, Business, Bankruptcy

Status: Licensed: 26 Years

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215 E State St, Ithaca, NY 14850

Keith John Mccafferty

Environmental Law Other, Elder Law, Bankruptcy, Personal Injury

Status: Licensed: 39 Years

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902 Taber St, Ithaca, NY 14850

Paul Robert Crockett

Immigration, Bankruptcy

Status: Licensed: 8 Years

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950 Danby Road, Ithaca, NY 14850

Jeff Coleman

Bankruptcy, Family Law, Real Estate, Trusts

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104-114 North Cayuga Street, Ithaca, NY 14850

James A. Salk

Business, Transactions, Commercial Bankruptcy, Residential Real Estate

Status: Licensed: 46 Years

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118 E Clinton St, Ithaca, NY 14850

Elena Salerno Flash

Other, Health Care, Employment, Bankruptcy

Status: Licensed: 39 Years

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401 East State St, Ithaca, NY 14850

800-923-0641

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LEGAL TERMS

WINDING UP

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, a... (more...)

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, all with the ultimate goal of liquidating or closing down a corporation or partnership.

AUTOMATIC STAY

An injunction automatically issued by the bankruptcy court when a debtor files for bankruptcy. The automatic stay prohibits most creditor collection activities,... (more...)

An injunction automatically issued by the bankruptcy court when a debtor files for bankruptcy. The automatic stay prohibits most creditor collection activities, such as filing or continuing lawsuits, making written requests for payment, or notifying credit reporting bureaus of an unpaid debt.

FAIR LABOR STANDARDS ACT (FLSA)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements ... (more...)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements for overtime and places restrictions on child labor.

FAIR DEBT COLLECTIONS & PRACTICES ACT (FDCPA)

A federal law that outlaws unfair debt collection practices, including lying, harassing, misleading and otherwise abusing debtors, by debt collectors working fo... (more...)

A federal law that outlaws unfair debt collection practices, including lying, harassing, misleading and otherwise abusing debtors, by debt collectors working for collection agencies. The law does not apply to creditors collecting their own debts. This law has greatly improved conditions for debtors, although more than a few debt collectors ignore the law. If a collection agency violates the law, debtors can contact the Federal Trade Commission for help.

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.

LIMITED PARTNERSHIP

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner ... (more...)

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner or partners (called general partners) have unlimited personal liability. The key difference between a general and limited partner concerns management decision making--general partners run the business, and limited partners, who are usually passive investors, are not allowed to make day-to-day business decisions. If they do, they risk being treated as general partners with unlimited personal liability.

LIABILITY

(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pi... (more...)

(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pipe bursts the day after Paul installs it, ruining the bathroom floor. This raises the issue of liability: Who is responsible for the damage? Peri claims that Paul is responsible, and sues him for the cost of hiring another plumber to fix the pipe and replacing the floor. Paul, in turn, claims that the pipe manufacturer is responsible, because they supplied him with faulty materials. Both Peri and Paul must prove their claims in court; if Paul and/or the manufacturer is found liable, one or both will have to pay damages to Peri. (2) Something for which a person is liable. For example, a debt is often called a liability.

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.

DEBIT CARD

A card issued by a bank that combines the functions of an ATM card and checks. A debit card can be used to withdraw cash at a bank like an ATM card, and it can ... (more...)

A card issued by a bank that combines the functions of an ATM card and checks. A debit card can be used to withdraw cash at a bank like an ATM card, and it can also be used at stores to pay for goods and services in place of a check. Unlike a credit card, a debit card automatically withdraws money from your checking account at the time of the transaction. Debit cards are regulated by the Electronic Funds Transfer Act.

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Candor Workout Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Lee Matthew Van Houten

Anna Jane Smith

Mark Charles Gugino

Michael Salvatore Fauci

Hayden Randolph Brainard

Keith John Mccafferty

Paul Robert Crockett

Jeff Coleman

James A. Salk

Elena Salerno Flash

TIPS

LEGAL TERMS

WINDING UP

AUTOMATIC STAY

FAIR LABOR STANDARDS ACT (FLSA)

FAIR DEBT COLLECTIONS & PRACTICES ACT (FDCPA)

UNSECURED DEBT

LIMITED PARTNERSHIP

LIABILITY

SETOFF

DEBIT CARD

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