Glen Head Collection 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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Bradley T. Slover

Corporate, Contract, Business Organization, Collection

Status: In Good Standing Licensed: 16 Years

CONTACT

173 School St, Old Westbury, NY 11590

Cheryl L. Kreger-Grella

Wills, Divorce, Collection

Status: In Good Standing Licensed: 45 Years

CONTACT

420 Jericho Tpke, Jericho, NY 11753

Craig J. Wolfson

Employment, Business, Collection

Status: In Good Standing Licensed: 28 Years

CONTACT

40 Queens St., Syosset, NY 11791

David Akers Weinstein

Trademark, Copyright, Intellectual Property, Collection

Status: In Good Standing Licensed: 57 Years

CONTACT

100 Duffy Ave, Hicksville, NY 11801

Douglas M Lieberman

Arbitration, Criminal, Collection, Animal Bite

Status: In Good Standing Licensed: 38 Years

CONTACT

115 N Broadway, Hicksville, NY 11801

Edward Rugino

Collection

Status: In Good Standing Licensed: 29 Years

CONTACT

6851 Jericho Tpke, Syosset, NY 11791

Michael Adam Shichman

Family Law, Collection, Commercial Bankruptcy

Status: In Good Standing Licensed: 42 Years

CONTACT

109 High Farms Rd, Glen Head, NY 11545

Owen M. Robinson

Collection

Status: In Good Standing Licensed: 39 Years

CONTACT

165 Eileen Way, Syosset, NY 11791

Robert Donald Nosek

Litigation, Collection, Commercial Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 26 Years

CONTACT

100 Jericho Quadrangle, Jericho, NY 11753

Robin Beth Schoenfeld

Divorce, Collection

Status: In Good Standing Licensed: 37 Years

CONTACT

64 Anstice St, Glen Head, NY 11771

800-923-0641

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LEGAL TERMS

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.

CREDIT INSURANCE

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay o... (more...)

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay off the remaining balance. Federal and state consumer protection laws require the lender to disclose to existing and potential borrowers the terms and costs of obtaining credit insurance because it can affect the terms of the loan.

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.

FCRA

See Fair Credit Reporting Act.

FDCPA

See Fair Debt Collections & Practices Act.

CHAPTER 13 BANKRUPTCY

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your inc... (more...)

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your income to pay all or a portion of the debts over three to five years. The minimum amount you must pay is roughly equal to the value of your nonexempt property. In addition, you must pledge your disposable net income -- after subtracting reasonable expenses -- for the period during which you are making payments. At the end of the three-to five-year period, the balance of what you owe on most debts is erased.

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.

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.

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.

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Glen Head Collection Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Bradley T. Slover

Cheryl L. Kreger-Grella

Craig J. Wolfson

David Akers Weinstein

Douglas M Lieberman

Edward Rugino

Michael Adam Shichman

Owen M. Robinson

Robert Donald Nosek

Robin Beth Schoenfeld

TIPS

LEGAL TERMS

CHAPTER 7 BANKRUPTCY

CREDIT INSURANCE

SOLE PROPRIETORSHIP

FCRA

FDCPA

CHAPTER 13 BANKRUPTCY

LIMITED PARTNERSHIP

DISCHARGEABLE DEBTS

GUARANTEED RESERVATION

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