Chenango County, NY Reorganization Lawyers, page 4

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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.
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Not enough matches for Chenango Reorganization lawyer.
Below are all Chenango lawyers.

W Howard Sullivan

General Practice

Status: In Good Standing Licensed: 53 Years

CONTACT

5 Coomes St, Norwich, NY 13815

Louis J. Callea

General Practice

Status: In Good Standing Licensed: 39 Years

CONTACT

22 S Canal St, Greene, NY 13778

Henry John Drexler

General Practice

Status: In Good Standing Licensed: 51 Years

CONTACT

300 Aldrich Rd, Norwich, NY 13815

Julianne Amy Oehlbeck

General Practice

Status: In Good Standing Licensed: 26 Years

CONTACT

669 County Road, New Berlin, NY 13411

Kayphet Mavady

General Practice

Status: In Good Standing Licensed: 25 Years

CONTACT

3 W State St, Sherburne, NY 13460

David Albert Declue

General Practice

Status: In Good Standing Licensed: 51 Years

CONTACT

29 N Main St, Bainbridge, NY 13733

Leonard William Smith

General Practice

Status: In Good Standing Licensed: 49 Years

CONTACT

43 S Broad St, Norwich, NY 13815

John Joseph Leshinski

Litigation, Employee Rights, Business & Trade, Personal Injury

Status: In Good Standing Licensed: 24 Years

CONTACT

22 S Canal St, Greene, NY 13778

Joseph A McBride

Lawsuit & Dispute, Divorce & Family Law, Criminal, Accident & Injury

Status: In Good Standing Licensed: 42 Years

CONTACT

92 S Broad Street, Norwich, NY 13815

Catherine F. Murphy

General Practice

Status: In Good Standing Licensed: 40 Years

CONTACT

Earlville, NY 13332

800-923-0641

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LEGAL TERMS

SUBROGATION

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off i... (more...)

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off its injured claimant takes the legal rights the claimant has against a third party that caused the injury, and sues that third party.

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.

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.

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.

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.

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.

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.

CHAPTER 7 BANKRUPTCY

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 b... (more...)

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 bankruptcy takes from three to six months, costs about $200, and commonly requires only one trip to the courthouse.

DEFINED CONTRIBUTION PLAN

A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount ... (more...)

A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount every month, or every year, for each employee. The employer usually pays a fixed percentage of an employee's wages or salary, although sometimes the amount is a fraction of the company's profits, with the size of each employee's pension share depending on the amount of wage or salary. Upon retirement, each employee's pension is determined by how much was contributed to the fund on behalf of that employee over the years, plus whatever earnings that money has accumulated as part of the investments of the entire pension fund.

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Chenango County, NY Reorganization Lawyers, page 4

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

W Howard Sullivan

Louis J. Callea

Henry John Drexler

Julianne Amy Oehlbeck

Kayphet Mavady

David Albert Declue

Leonard William Smith

John Joseph Leshinski

Joseph A McBride

Catherine F. Murphy

TIPS

LEGAL TERMS

SUBROGATION

FAIR DEBT COLLECTIONS & PRACTICES ACT (FDCPA)

DEBIT CARD

LIMITED PARTNERSHIP

GUARANTEED RESERVATION

SOLE PROPRIETORSHIP

WORKOUT

CHAPTER 7 BANKRUPTCY

DEFINED CONTRIBUTION PLAN

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