Cedarhurst Reorganization Lawyer, New York

Sponsored Law Firm

x
Click For More Info:

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.
1. Contact
2. E-mail
3. Refer
5. Visit:
6. Website
7. Profile

Mary Ann Catalano

Trusts, Estate, Employment, Reorganization

Status:

CONTACT

1122 Franklin Ave, Garden City, NY 11530

Jessica Gittle Berman

Litigation, Business Organization, Reorganization, Bankruptcy & Debt

Status:

CONTACT

990 Stewart Avenue, Garden City, NY 11530

Rhoda Y. Andors

Administrative Law, Reorganization, Wrongful Termination, Civil Rights

Status:

CONTACT

98 Cutter Mill Road, Great Neck, NY 11021

Gary Petropoulos

Litigation, Insurance, Reorganization, Legal Malpractice

Status:

CONTACT

100 Jericho Quadrangle, Jericho, NY 11753

Heather Lennox

Reorganization, Consumer Rights

Status:

CONTACT

222 East 41St Street, New York, NY 10017

David Brodman

Reorganization, Credit & Debt, Bankruptcy, Bankruptcy & Debt

Status: Licensed: 28 Years

FREE CONSULTATION

CONTACT

633 Lydig Avenue, Bronx, NY 10462

Esite J Johnson

Medical Malpractice, Property Damage, Banking & Finance, Reorganization

Status: Licensed: 58 Years

CONTACT

124 New York, New York, NY 10035

Jason A. Nagi

Criminal, Corporate, Business, Reorganization

Status:

CONTACT

14 Wall Street, New York, NY 10005

Ingrid E. Morning

Reorganization, Estate Planning, Trusts, Estate

Status:

CONTACT

88 Pine Street, New York, NY 10005

William Paul Weintraub

Litigation, Workout, Reorganization, Credit & Debt

Status: Licensed: 45 Years

CONTACT

620 Eighth Avenue, New York, NY 10018

800-923-0641

Free Help: Use This Form or Call 800-943-8690

Call me for fastest results!
800-943-8690

Free Help: Use This Form or Call 800-943-8690

By submitting this lawyer request, I confirm I have read and agree to the Consent to Receive Messages from all messaging and voice technologies including Email, Text, Phone, Terms of Use, and Privacy Policy. Information provided is not privileged or confidential.

LEGAL TERMS

SECURED DEBT

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collater... (more...)

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collateral, to satisfy the debt if you default. Compare unsecured debt.

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.

CURRENT MONTHLY INCOME

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding... (more...)

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding the bankruptcy filing. The debtor's current monthly income is used to determine whether the debtor can file for Chapter 7 bankruptcy, among other things.

REDEMPTION

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump s... (more...)

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump sum. For example, a debtor may redeem a car note by paying the lender the amount a retail vendor would charge for the car, considering its age and condition.

REAFFIRMATION

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing deb... (more...)

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing debt after the bankruptcy case is over. For instance, a debtor might make a reaffirmation agreement with the holder of a car note that the debtor can keep the car and must continue to pay the debt after bankruptcy.

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.

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemp... (more...)

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemptible because it has been damaged or destroyed.

REPOSSESSION

A creditor's taking property that has been pledged as collateral for a loan. Lenders will most often repossess cars when the owner has missed loan payments and ... (more...)

A creditor's taking property that has been pledged as collateral for a loan. Lenders will most often repossess cars when the owner has missed loan payments and has not attempted to work with the lender to resolve the problem. A repossessor can't use force to get at your car, but he can legally hot-wire it and even drive it out of your unlocked garage.

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.

SORT BY:

FILTER BY:

Free Consultation
Male
Female
Suspended

Cedarhurst Reorganization Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Mary Ann Catalano

Jessica Gittle Berman

Rhoda Y. Andors

Gary Petropoulos

Heather Lennox

David Brodman

Esite J Johnson

Jason A. Nagi

Ingrid E. Morning

William Paul Weintraub

TIPS

LEGAL TERMS

SECURED DEBT

CHAPTER 13 BANKRUPTCY

CURRENT MONTHLY INCOME

REDEMPTION

REAFFIRMATION

DEBIT CARD

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

REPOSSESSION

FRATERNAL BENEFIT SOCIETY BENEFITS

SORT BY:

FILTER BY:

PRACTICE AREAS 30

NEARBY CITY SUGGESTIONS