Fresh Meadows 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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Chukwudi M. Chigewe

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Immigration, Bankruptcy & Debt, Wills & Probate

Admission in NM; Immigration Matters Only in NY

Chukwudi M. Chigewe is a practicing lawyer in the state of New Mexico. Attorney Chigewe received his J.D. from the Thomas M. Cooley School of Law in 2... (more)

CONTACT

646-886-7995

94-04 218 Street, Queens Village, NY 11428

Heather Lynn Gregg

Bankruptcy, Commercial Real Estate, Condominiums, Contract

Status:

FREE CONSULTATION

CONTACT

108-18 Queens Boulevard, Forest Hills, NY 11375

Andrew J. Luskin

Dispute Resolution, Franchising, Business Organization, Collection

Status:

CONTACT

1010 Northern Blvd., Great Neck, NY 11021

David Schachter

Business Organization, Collection, Banking & Finance, Bad Faith Insurance

Status:

FREE CONSULTATION

CONTACT

7409 37th Avenue, Jackson Heights, NY 11372

Georgette Miller

Foreclosure, Social Security, Bankruptcy, Bankruptcy & Debt

Status: Licensed: 17 Years

FREE CONSULTATION

CONTACT

61-43 186th Street, Fresh Meadows, NY 11365

Jacqueline Torchin Carey

Criminal, Divorce & Family Law, Bankruptcy & Debt, Securities Fraud

Status: Licensed: 35 Years

CONTACT

125-10 Queens Boulevard, Kew Gardens, NY 11415

Mel Jacoby

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

Status:

FREE CONSULTATION

CONTACT

61-43 186 Street, Fresh Meadows, NY 11365

Nathan Erlich

Business & Trade, Corporate, Banking & Finance, Bankruptcy, Other

Status: Licensed: 34 Years

CONTACT

10818 Queens Blvd, Forest Hills, NY 11375

Hal R. Ginsburg

Construction Liens, Complex Litigation, Arbitration, Collection, Tax

Status: Licensed: 41 Years

CONTACT

21548 Jamaica Ave, Queens Village, NY 11428

Allan R. Bloomfield

Divorce, Consumer Protection, Bankruptcy

Status: Licensed: 49 Years

CONTACT

11821 Queens Blvd, Forest Hills, NY 11375

800-814-6700

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800-943-8690

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LEGAL TERMS

DISPOSABLE INCOME

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Ch... (more...)

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Chapter 13 plan.

CREDITOR

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

WORKOUT

A debtor's plan to take care of a debt, by paying it off or through loan forgiveness. Workouts are often created to avoid bankruptcy or foreclosure proceedings.

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.

SOLE PROPRIETORSHIP

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, m... (more...)

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, meaning that business profits are reported and taxed on the owner's personal tax return. Setting up a sole proprietorship is cheap and easy since no legal formation documents need be filed with any governmental agency (although tax registration and other permit and license requirements may still apply). Once you file a fictitious name statement (assuming you don't use your own name) and obtain any required basic tax permits and business licenses, you'll be in business. The main downside of a sole proprietorship is that its owner is personally liable for all business debts.

CREDIT FILE

See credit report.

GRACE PERIOD

A period of time during which you are not required to make payments on a debt. For example, most credit cards give you a grace period of 20-30 days before you h... (more...)

A period of time during which you are not required to make payments on a debt. For example, most credit cards give you a grace period of 20-30 days before you have to pay interest on the amount of your purchases. Cash advances, however, usually have no grace period; interest begins to accumulate from the date of the withdrawal, even if you pay your bills on time. Also, some student loans give you a grace period after graduating or dropping out of school. During this time, you are not required to make payments on your loan.

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).

Fresh Meadows Bankruptcy & Debt Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Chukwudi M. Chigewe

Heather Lynn Gregg

Andrew J. Luskin

David Schachter

Georgette Miller

Jacqueline Torchin Carey

Mel Jacoby

Nathan Erlich

Hal R. Ginsburg

Allan R. Bloomfield

TIPS

LEGAL TERMS

DISPOSABLE INCOME

CREDITOR

WORKOUT

DEFINED CONTRIBUTION PLAN

SOLE PROPRIETORSHIP

CREDIT FILE

GRACE PERIOD

LIEN

FDCPA

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