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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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Christopher Paul Borek

DUI-DWI, Bankruptcy

Status: Licensed: 35 Years

CONTACT

255-275 Main St, Goshen, NY 10924

Darren Harrel Fairlie

Lawsuit & Dispute, Family Law, Business, Bankruptcy & Debt

Status: Licensed: 19 Years

CONTACT

30 Park Pl, Goshen, NY 10924

Joseph J Reilly

Lawsuit & Dispute, Employment, Bankruptcy, Bankruptcy & Debt, Education

Status: Licensed: 23 Years

CONTACT

2002 Route 17M, Goshen, NY 10924

Kyle Allen Seiss

Environmental Law Other, Elder Law, Bankruptcy, Personal Injury

Status: Licensed: 8 Years

CONTACT

99 Brookside Ave, Chester, NY 10918

Melissa Ann Perry

Tax, Elder Law, Bankruptcy, Personal Injury, Tax Litigation

Status: Licensed: 10 Years

CONTACT

40 Matthews St, Goshen, NY 10924

Patrick Martin Mcloughlin

Landlord-Tenant, Wills & Probate, Employment Discrimination, Bankruptcy

Status: Licensed: 46 Years

CONTACT

305 Main St, Goshen, NY 10924

Stephen P. La Barbera

Environmental Law Other, Business, Bankruptcy, Personal Injury

Status: Licensed: 44 Years

CONTACT

99 Brookside Ave, Chester, NY 10918

Thomas Charles Landrigan

Lawsuit & Dispute, Estate, Business, Bankruptcy & Debt

Status: Licensed: 25 Years

CONTACT

99 Brookside Ave, Chester, NY 10918

Timothy P. Mcelduff

Education, Tax, Social Security, Bankruptcy & Debt

Status:

CONTACT

30 Park Pl, Goshen, NY 10924

800-923-0641

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LEGAL TERMS

GARNISHMENT

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if ... (more...)

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if she loses a lawsuit filed by the creditor. Up to 25% of a person's wages can be deducted.

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.

DISCHARGE (OF DEBTS)

A bankruptcy court's erasure of the debts of a person or business that has filed for bankruptcy.

CREDIT BUREAU

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit... (more...)

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit card companies that use the information to screen applicants for loans and credit cards. There are three major credit bureaus, Equifax, Experian and Trans Union, and they are regulated by the federal Fair Credit Reporting Act.

401(K) PLAN

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income ... (more...)

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income taxes on the amount invested and any earnings are due until the employee withdraws money from the fund.

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.

CREDIT INSURANCE

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay o... (more...)

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay off the remaining balance. Federal and state consumer protection laws require the lender to disclose to existing and potential borrowers the terms and costs of obtaining credit insurance because it can affect the terms of the loan.

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.

INFRINGEMENT (OF TRADEMARK)

Unauthorized use of a protected trademark or service mark, or use of something very similar to a protected mark. The success of a lawsuit to stop the infringeme... (more...)

Unauthorized use of a protected trademark or service mark, or use of something very similar to a protected mark. The success of a lawsuit to stop the infringement turns on whether the defendant's use causes a likelihood of confusion in the average consumer. If a court determines that the average consumer would be confused, the owner of the original mark can prevent the other's use of the infringing mark and sometimes collect damages.

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Chester Bankruptcy & Debt Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Christopher Paul Borek

Darren Harrel Fairlie

Joseph J Reilly

Kyle Allen Seiss

Melissa Ann Perry

Patrick Martin Mcloughlin

Stephen P. La Barbera

Thomas Charles Landrigan

Timothy P. Mcelduff

TIPS

LEGAL TERMS

GARNISHMENT

DEFINED CONTRIBUTION PLAN

DISCHARGE (OF DEBTS)

CREDIT BUREAU

401(K) PLAN

FRATERNAL BENEFIT SOCIETY BENEFITS

CREDIT INSURANCE

FAIR DEBT COLLECTIONS & PRACTICES ACT (FDCPA)

INFRINGEMENT (OF TRADEMARK)

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