Erie County, NY Bankruptcy & Debt Lawyers, page 2

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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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Jeffrey B. Novak

Employee Rights, Construction, Business, Dissolution

Status: In Good Standing

CONTACT

2410 N Forest Rd, Getzville, NY 14068

Kyle Clark Didone

Real Estate, Government, DUI-DWI, Bankruptcy

Status: In Good Standing Licensed: 17 Years

CONTACT

424 Main Street, Buffalo, NY 14202

Jeffrey A. Lazroe

General Practice

Status: Suspended Licensed: 53 Years

CONTACT

60 Rolling Meadow Ln, East Amherst, NY 14051

Frank Stephen Ieraci

Health Care, Workers' Compensation, Divorce & Family Law, Bankruptcy

Status: In Good Standing

CONTACT

2140 Eggert Rd, Buffalo, NY 14226

Richard John Biryla

Real Estate, Lawsuit & Dispute, Estate, Collection

Status: In Good Standing Licensed: 46 Years

CONTACT

14 Lafayette Square, Buffalo, NY 14203

Thomas F. Hewner

Estate Administration, Estate Planning, Corporate, Bankruptcy

Status: In Good Standing Licensed: 45 Years

CONTACT

37 Franklin St, Buffalo, NY 14202

Stephen J. Paluch

Bankruptcy, Foreclosure, Real Estate

Status: In Good Standing

CONTACT

105 Crosspoint Pkwy, Getzville, NY 14068

Jay Elliot Brett

Real Estate, Business & Trade, Corporate, Commercial Bankruptcy

Status: In Good Standing Licensed: 66 Years

CONTACT

2645 Sheridan Dr, Tonawanda, NY 14150

Gary Bluestein

Bankruptcy, Tax

Status: In Good Standing

CONTACT

Buffalo, NY 14202

Ruth Rachel Wiseman

Bankruptcy & Debt, Wills & Probate, Residential Real Estate, Tax

Status: In Good Standing Licensed: 41 Years

CONTACT

9145 Main St, Clarence, NY 14031

800-923-0641

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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.

NONEXEMPT PROPERTY

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typicall... (more...)

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typically includes valuable clothing (furs) and electronic equipment, an expensive car that's been paid off and most of the equity in your house. Compare exempt property.

CREDITOR

A person or entity (such as a bank) to whom a debt is owed.

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.

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.

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.

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.

FCBA

See Fair Credit Billing Act.

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.

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Erie County, NY Bankruptcy & Debt Lawyers, page 2

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Jeffrey B. Novak

Kyle Clark Didone

Jeffrey A. Lazroe

Frank Stephen Ieraci

Richard John Biryla

Thomas F. Hewner

Stephen J. Paluch

Jay Elliot Brett

Gary Bluestein

Ruth Rachel Wiseman

TIPS

LEGAL TERMS

SECURED DEBT

NONEXEMPT PROPERTY

CREDITOR

GUARANTEED RESERVATION

CHAPTER 7 BANKRUPTCY

FRATERNAL BENEFIT SOCIETY BENEFITS

LIMITED PARTNERSHIP

FCBA

DEBIT CARD

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