Dickinson Center Reorganization Lawyer, New York, page 5

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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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Brendon Donald Dupree

General Practice

Status: In Good Standing Licensed: 18 Years

CONTACT

355 W Main St, Malone, NY 12953

Hannah Jean Fleury

General Practice

Status: In Good Standing Licensed: 13 Years

CONTACT

355 W Main St, Malone, NY 12953

John R. Coughlin

General Practice

Status: In Good Standing Licensed: 63 Years

CONTACT

Malone, NY 12953

Mark Joseph Mccormick

General Practice

Status: Suspended Licensed: 29 Years

CONTACT

Malone, NY 12953

Derek Pierre Champagne

Real Estate, Divorce & Family Law, Criminal, Business

Status: In Good Standing Licensed: 29 Years

CONTACT

355 W Main St, Malone, NY 12953

Jonathan Joseph Miller

General Practice

Status: In Good Standing Licensed: 34 Years

CONTACT

355 W Main St, Malone, NY 12953

Mary Louise Mills

General Practice

Status: In Good Standing Licensed: 38 Years

CONTACT

568 E Main St, Malone, NY 12953

Patrick Joseph Cappello

General Practice

Status: In Good Standing Licensed: 14 Years

CONTACT

76 Market St, Potsdam, NY 13676

Patrick Cappello

Real Estate, Divorce & Family Law, Business, Accident & Injury

Status: In Good Standing Licensed: 14 Years

CONTACT

76 Market St, Potsdam, NY 13676

Dale Thomas White

General Practice

Status: In Good Standing Licensed: 45 Years

CONTACT

71 Margaret Terrance Memorial Way, Hogansburg, NY 13655

800-923-0641

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LEGAL TERMS

TRADE DRESS

The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape... (more...)

The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape of Frangelico liqueur bottles. Trade dress can be protected under trademark law if a showing can be made that the average consumer would likely be confused as to product origin if another product were allowed to appear in similar dress.

FCRA

See Fair Credit Reporting Act.

INTEREST

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to ... (more...)

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to your balance. This means that if your loan or credit line has an interest rate of 8%, the holder adds 8% to the balance each year. More specifically, interest is calculated and added to your loan or credit line through a process called compounding. If interest is compounded daily, the balance will rise by 1/365th of 8% each day. If interest is compounded monthly, the balance will rise 1/12th of 8% at the start of each month.

PREFERENCE

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commer... (more...)

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commercial creditors) and within one year for insider creditors (friends, family members, and business associates). Because a preference gives the creditor who received the payment an edge over other creditors in the bankruptcy case, the trustee can recover the preference (the amount of the payment) and distribute it among all of the creditors.

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.

PRESUMED ABUSE

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means te... (more...)

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means test, the court will presume that the debtor has sufficient income to fund a Chapter 13 plan. In this situation, the debtor will not be allowed to proceed with a Chapter 7 bankruptcy unless the debtor can prove that he or she is not abusing the Chapter 7 bankruptcy remedy.

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.

PRIORITY DEBT

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13... (more...)

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13 bankruptcy. Priority debts include alimony and child support, fees owed to the trustee and the attorney in the bankruptcy case, and wages owed to employees.

TRADE NAME

The official name of a business, the one it uses on its letterhead and bank account when not dealing with consumers.

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Dickinson Center Reorganization Lawyer, New York, page 5

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Brendon Donald Dupree

Hannah Jean Fleury

John R. Coughlin

Mark Joseph Mccormick

Derek Pierre Champagne

Jonathan Joseph Miller

Mary Louise Mills

Patrick Joseph Cappello

Patrick Cappello

Dale Thomas White

TIPS

LEGAL TERMS

TRADE DRESS

FCRA

INTEREST

PREFERENCE

CREDIT BUREAU

PRESUMED ABUSE

FRATERNAL BENEFIT SOCIETY BENEFITS

PRIORITY DEBT

TRADE NAME

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