Granite Springs 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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Antonia Golianopoulos

Workers' Compensation, Workout, Bankruptcy & Debt

Status: In Good Standing Licensed: 22 Years

CONTACT

1221 Avenue Of The Americas, New York, NY 10020

Benjamin Hoch

Business, Workout, Credit & Debt, Bankruptcy & Debt

Status: In Good Standing Licensed: 36 Years

CONTACT

1301 Avenue Of The Americas, New York, NY 10019

George Robertson Howard

Litigation, Workout, Reorganization, Bankruptcy & Debt

Status: In Good Standing Licensed: 16 Years

CONTACT

1114 Avenue Of The Americas, New York, NY 10036

George Robertson Howard

Litigation, Workout, Reorganization, Bankruptcy & Debt

Status: In Good Standing Licensed: 16 Years

CONTACT

1114 Avenue Of The Americas, New York, NY 10036

George Arthur Davis

Litigation, Business, Workout, Bankruptcy & Debt

Status: In Good Standing Licensed: 34 Years

CONTACT

885 3Rd Ave, New York, NY 10022

Howard Seife

Workout, Credit & Debt, Commercial Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 46 Years

CONTACT

1301 Avenue Of The Americas, New York, NY 10019

Hyung Joon Stanley Lim

Banking & Finance, Credit & Debt, Workout, Lending

Status: In Good Standing

CONTACT

1 Crosfield Ave, West Nyack, NY 10994

John J. Rapisardi

Litigation, Industry Specialties, Workout, Bankruptcy & Debt

Status: In Good Standing Licensed: 42 Years

CONTACT

7 Times Square, New York, NY 10036

John F. Bricker

Banking & Finance, Workout

Status: In Good Standing Licensed: 44 Years

CONTACT

1114 Avenue Of The Americas, New York, NY 10036

Margot Beth Schonholtz

Litigation, Disability, Workout, Commercial Bankruptcy

Status: In Good Standing Licensed: 45 Years

CONTACT

1290 Avenue Of The Americas, New York, NY 10104

800-923-0641

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LEGAL TERMS

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.

401(K) PLAN

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income ... (more...)

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income taxes on the amount invested and any earnings are due until the employee withdraws money from the fund.

SECRET WARRANTY PROGRAM

A program under which a car manufacturer will make repairs for free on vehicles with persistent problems, even after the warranty has expired, in order to avoid... (more...)

A program under which a car manufacturer will make repairs for free on vehicles with persistent problems, even after the warranty has expired, in order to avoid a recall and the accompanying bad press. Secret warranties are rarely advertised by the manufacturer, so consumers must pursue the manufacturer to discover and take advantage of them. A few states require manufacturers to notify car buyers when they adopt secret warranty programs.

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.

FAIR CREDIT BILLING ACT (FCBA)

A federal law that gives you rights when an error occurs on your credit card statement. You must notify the credit card company of the mistake within 60 days af... (more...)

A federal law that gives you rights when an error occurs on your credit card statement. You must notify the credit card company of the mistake within 60 days after it mailed the bill to you. The company must then correct the mistake, or at least acknowledge receipt of your letter within 30 days, and must correct the error within 90 days or explain why it believes the credit card statement is correct.

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.

CREDITOR

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

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.

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.

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Granite Springs Workout Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Antonia Golianopoulos

Benjamin Hoch

George Robertson Howard

George Robertson Howard

George Arthur Davis

Howard Seife

Hyung Joon Stanley Lim

John J. Rapisardi

John F. Bricker

Margot Beth Schonholtz

TIPS

LEGAL TERMS

SOLE PROPRIETORSHIP

401(K) PLAN

SECRET WARRANTY PROGRAM

GUARANTEED RESERVATION

FAIR CREDIT BILLING ACT (FCBA)

IRS EXPENSES

CREDITOR

DEFINED CONTRIBUTION PLAN

CREDIT INSURANCE

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