Cedarhurst 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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Adriana Hope Foreman

Reorganization

Status: Licensed: 7 Years

CONTACT

900 3Rd Ave, New York, NY 10022

Alex Spizz

Reorganization, Bankruptcy, Credit & Debt, Bankruptcy Litigation

Status: Licensed: 51 Years

CONTACT

425 Park Avenue, New York, NY 10022

Andrew Stephen Midgett

Criminal, Corporate, Reorganization, Bankruptcy & Debt

Status: Licensed: 14 Years

CONTACT

217 Broadway, New York, NY 10007

Andrew Peter Denatale

Industry Specialties, Business, Reorganization, Bankruptcy & Debt

Status: Licensed: 49 Years

CONTACT

180 Maiden Ln, New York, NY 10038

Andrew Joseph Young

Reorganization, Litigation

Status: Licensed: 19 Years

CONTACT

1 Chase Manhattan Plz, New York, NY 10005

Ashley Renee Hodges

Art, Environmental Law, Unfair Competition, Reorganization

Status: Licensed: 10 Years

CONTACT

1 Battery Park Plaza, New York, NY 10004

Barton Nachamie

Bankruptcy, Banking & Finance, Dispute Resolution, Reorganization

Status: Licensed: 65 Years

CONTACT

425 Park Ave, New York, NY 10022

Brad Jeffrey Axelrod

Corporate, Banking & Finance, Reorganization, Bankruptcy, Divorce & Family Law

Status: Licensed: 36 Years

CONTACT

500 5Th Ave, New York, NY 10110

Brett Howard Miller

Intellectual Property, Business, Reorganization, Bankruptcy & Debt

Status: Licensed: 33 Years

CONTACT

767 7Th Ave, New York, NY 10019

Carl Nicholas Wedoff

Reorganization

Status: Licensed: 15 Years

CONTACT

1155 Avenue Of The Americas, New York, NY 10036

800-923-0641

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LEGAL TERMS

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.

BULK SALES LAW

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to ... (more...)

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to conduct a bulk sale of business assets -- that is, get rid of an unusually large amount of inventory, merchandise or equipment -- the business owner must typically publish a notice of the sale and give written notice to creditors. Then, the owner must set up an account to hold the funds from the sale for a brief period of time during which creditors may make claims against the money. The prohibition against bulk sales is spelled out in the Uniform Commercial Code -- and laws modeled on the UCC have been generally adopted throughout the country.

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.

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.

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.

LIQUIDATING PARTNER

The member of an insolvent or dissolving partnership responsible for paying the debts and settling the accounts of the partnership.

DEBT COLLECTOR

A person who works in the in-house collections department of an original creditor or a collection agency to track down debtors and get them to pay what they owe... (more...)

A person who works in the in-house collections department of an original creditor or a collection agency to track down debtors and get them to pay what they owe. Debt collectors can be relentless, often using scare tactics, humiliation and repeated phone calls to extract payments or promises to pay.

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.

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.

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Cedarhurst Reorganization Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Adriana Hope Foreman

Alex Spizz

Andrew Stephen Midgett

Andrew Peter Denatale

Andrew Joseph Young

Ashley Renee Hodges

Barton Nachamie

Brad Jeffrey Axelrod

Brett Howard Miller

Carl Nicholas Wedoff

TIPS

LEGAL TERMS

WORKOUT

BULK SALES LAW

MEANS TEST

FRATERNAL BENEFIT SOCIETY BENEFITS

FAIR LABOR STANDARDS ACT (FLSA)

LIQUIDATING PARTNER

DEBT COLLECTOR

UNSECURED DEBT

FAIR DEBT COLLECTIONS & PRACTICES ACT (FDCPA)

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