Ellenburg Center Workout 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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Not enough matches for Ellenburg Center Workout lawyer.
Below are all Ellenburg Center Bankruptcy & Debt lawyers.

Thomas H. Mccann

Divorce & Family Law, Divorce & Family Law, Elder Law, Bankruptcy & Debt

Status: In Good Standing Licensed: 40 Years

CONTACT

3 Morton St, Malone, NY 12953

John J. Balkunas

Social Security -- Disability, Personal Injury, Foreclosure, Bankruptcy

Status: In Good Standing

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3 Duquette Rd, Cadyville, NY 12918

Jill Choate Beier

Estate Planning, Criminal, Civil & Human Rights, Bankruptcy

Status: In Good Standing Licensed: 19 Years

CONTACT

1936 Saranac Ave, Lake Placid, NY 12946

Gregory M. Dennin

Real Estate, Lawsuit & Dispute, Estate, Civil & Human Rights, Bankruptcy & Debt

Status: In Good Standing Licensed: 39 Years

CONTACT

2745 Main St, Lake Placid, NY 12946

Darrell L. Bowen

Government, Divorce & Family Law, Bankruptcy & Debt, Accident & Injury

Status: In Good Standing Licensed: 42 Years

CONTACT

386 Rand Hill Rd, Morrisonville, NY 12962

Lori Ann Cantwell

Lawsuit & Dispute, Civil & Human Rights, Bankruptcy & Debt, Accident & Injury

Status: In Good Standing Licensed: 34 Years

CONTACT

334 Cornelia St, Plattsburgh, NY 12901

Frank G. Zappala

Bankruptcy & Debt, Social Security, Insurance, Bankruptcy, Lawsuit & Dispute

Status: In Good Standing Licensed: 34 Years

CONTACT

142 Margaret St, Plattsburgh, NY 12901

Robert Alan Kagan

Real Estate, Divorce & Family Law, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 48 Years

CONTACT

Plattsburgh, NY 12901

William A. Favreau

Landlord-Tenant, Traffic, Wills & Probate, Bankruptcy

Status: In Good Standing Licensed: 41 Years

CONTACT

137 Margaret St, Plattsburgh, NY 12901

Carolyn R. Hoffmann

Real Estate, Family Law, Business, Bankruptcy & Debt

Status: In Good Standing

CONTACT

100 Court Street, Plattsburgh, NY 12901

800-923-0641

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LEGAL TERMS

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.

CHAPTER 13 PLAN

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to ... (more...)

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to pay all mandatory debts -- for example, back child support, taxes, and mortgage arrearages -- as well as some or all unsecured, nonpriority debts, such as medical and credit card bills.

DISCHARGEABLE DEBTS

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bill... (more...)

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bills and medical bills. Compare nondischargeable debts.

GENERAL PARTNER

A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners), is personally liable for all the... (more...)

A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners), is personally liable for all the business's debts and obligations. A general partner's actions can legally bind the entire business. See also partnership, limited partnership.

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.

LIEN

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortg... (more...)

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortgages, home equity loans, car loans and personal loans for which you pledge property to guarantee repayment. Liens created without your consent are called nonconsensual liens, and include judgment liens (liens filed by a creditor who has sued you and obtained a judgment), tax liens and mechanics liens (liens filed by a contractor who worked on your house but wasn't paid).

FRAUDULENT TRANSFER

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee --... (more...)

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee -- for instance, when a debtor signs a car over to a relative to keep it out of the bankruptcy estate. Fraudulently transferred property can be recovered and sold by the trustee for the benefit of the creditors.

TRUTH IN LENDING ACT (TILA)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disc... (more...)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disclose the terms of a loan, including the total amount of the loan, the annual interest rate and the number, amount and due dates of all payments necessary to repay the loan. The TILA requires additional disclosures and places many restrictions on mortgages.

NO-FAULT INSURANCE

Car insurance laws that require the insurance companies of each person in an accident to pay for medical bills and lost wages of their insured, up to a certain ... (more...)

Car insurance laws that require the insurance companies of each person in an accident to pay for medical bills and lost wages of their insured, up to a certain amount, regardless of who was at fault. The effect of no-fault insurance laws is to eliminate lawsuits in small accidents. The advantage is the prompt payment of medical bills and expenses. The downsides are that the amounts paid by no-fault policies are often not enough to fully cover a person's losses and that no-fault does not compensate for pain and suffering.

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Ellenburg Center Workout Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Thomas H. Mccann

John J. Balkunas

Jill Choate Beier

Gregory M. Dennin

Darrell L. Bowen

Lori Ann Cantwell

Frank G. Zappala

Robert Alan Kagan

William A. Favreau

Carolyn R. Hoffmann

TIPS

LEGAL TERMS

BULK SALES LAW

CHAPTER 13 PLAN

DISCHARGEABLE DEBTS

GENERAL PARTNER

PRESUMED ABUSE

LIEN

FRAUDULENT TRANSFER

TRUTH IN LENDING ACT (TILA)

NO-FAULT INSURANCE

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