Fayetteville Bankruptcy & Debt 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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Harris Nelson Lindenfeld

Bankruptcy

Status: In Good Standing Licensed: 38 Years

CONTACT

5 Adler Dr, East Syracuse, NY 13057

Susan N. Esce

Power of Attorney, Traffic, Dispute Resolution, Bankruptcy & Debt

Status: In Good Standing

CONTACT

10 Adler Drive, East Syracuse, NY 13057

Robert S Temple

Corporate, Contract, Business Organization, Credit & Debt

Status: In Good Standing Licensed: 37 Years

CONTACT

211 N Center St, East Syracuse, NY 13057

Clifford Forstadt

Family Law, Divorce & Family Law, Business, Bankruptcy & Debt

Status: In Good Standing Licensed: 50 Years

CONTACT

211 N Center St, East Syracuse, NY 13057

Richard G. Reilly

Bankruptcy & Debt, Divorce & Family Law, Real Estate, Tax, US Courts

Status: In Good Standing Licensed: 44 Years

CONTACT

6320 fly road, East Syracuse, NY 13057

Steven Richard Dolson

Administrative Law, Bankruptcy, Environmental Law, Consumer Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

CONTACT

6320 Fly Rd, East Syracuse, NY 13057

Andriy Troyanovych

Environmental Law Other, Elder Law, Bankruptcy, Personal Injury

Status: In Good Standing

CONTACT

281 Sanders Creek Pkwy, East Syracuse, NY 13057

Harold Philip Goldberg

Real Estate, Business, Bankruptcy & Debt

Status: In Good Standing Licensed: 62 Years

CONTACT

201 Summerhaven Dr S, East Syracuse, NY 13057

Theodore L. Araujo

Real Estate, Bankruptcy & Debt

Status: In Good Standing Licensed: 39 Years

FREE CONSULTATION

CONTACT

6739 Myers Road, EAST SYRACUSE, NY 13057

Walter Lawrence Meagher

Environmental Law Other, Elder Law, Bankruptcy, Personal Injury

Status: In Good Standing Licensed: 59 Years

CONTACT

425 Salt Springs St, Fayetteville, NY 13066

800-923-0641

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800-943-8690

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LEGAL TERMS

NONPROFIT CORPORATION

A legal structure authorized by state law allowing people to come together to either benefit members of an organization (a club, or mutual benefit society) or f... (more...)

A legal structure authorized by state law allowing people to come together to either benefit members of an organization (a club, or mutual benefit society) or for some public purpose (such as a hospital, environmental organization or literary society). Nonprofit corporations, despite the name, can make a profit, but the business cannot be designed primarily for profit-making purposes, and the profits must be used for the benefit of the organization or purpose the corporation was created to help. When a nonprofit corporation dissolves, any remaining assets must be distributed to another nonprofit, not to board members. As with for-profit corporations, directors of nonprofit corporations are normally shielded from personal liability for the organization's debts. Some nonprofit corporations qualify for a federal tax exemption under _ 501(c)(3) of the Internal Revenue Code, with the result that contributions to the nonprofit are tax deductible by their donors.

DISCHARGE (OF DEBTS)

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

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.

CREDIT COUNSELING

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Unde... (more...)

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Under the new bankruptcy law, a debtor must undergo credit counseling with an approved provider before filing for bankruptcy.

COLLATERAL

Property that guarantees payment of a secured debt.

IRS EXPENSES

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income mu... (more...)

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income must use the IRS expenses to calculate their average net income in a Chapter 7 case, or their disposable income in a Chapter 13 case.

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.

BANKRUPTCY TRUSTEE

A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is t... (more...)

A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is to gather the debtor's nonexempt property, liquidate it and distribute it proportionally to her creditors. In a Chapter 13 case, the trustee's role is to receive the debtor's monthly payments and distribute them proportionally to her creditors.

COSIGNER

A person who signs his or her name to a loan agreement, lease or credit application. If the primary debtor does not pay, the cosigner is fully responsible for t... (more...)

A person who signs his or her name to a loan agreement, lease or credit application. If the primary debtor does not pay, the cosigner is fully responsible for the loan or debt. Many people use cosigners to qualify for a loan or credit card. Landlords may require a cosigner when renting to a student or someone with a poor credit history.

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Fayetteville Bankruptcy & Debt Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Harris Nelson Lindenfeld

Susan N. Esce

Robert S Temple

Clifford Forstadt

Richard G. Reilly

Steven Richard Dolson

Andriy Troyanovych

Harold Philip Goldberg

Theodore L. Araujo

Walter Lawrence Meagher

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LEGAL TERMS

NONPROFIT CORPORATION

DISCHARGE (OF DEBTS)

FRAUDULENT TRANSFER

CREDIT COUNSELING

COLLATERAL

IRS EXPENSES

INFRINGEMENT (OF TRADEMARK)

BANKRUPTCY TRUSTEE

COSIGNER

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