Greene County, NY Bankruptcy & Debt Lawyers, page 3

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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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Not enough matches for Greene Bankruptcy & Debt lawyer.
Below are all Greene lawyers.

Jacqueline Olivet

General Practice

Status: In Good Standing Licensed: 47 Years

CONTACT

69 Bethel Ridge Rd, Catskill, NY 12414

Oreste Vincent

Real Estate

Status: Inactive Licensed: 75 Years

CONTACT

47 Austin Acres, Catskill, NY 12414

Jens Gunther Lobb

Criminal

Status: In Good Standing Licensed: 49 Years

CONTACT

331 Main St, Catskill, NY 12414

Kevin Michael Kelleher

Real Estate

Status: In Good Standing Licensed: 48 Years

CONTACT

370 Main St, Catskill, NY 12414

John W. Winans

Real Estate

Status: In Good Standing Licensed: 46 Years

CONTACT

83 Woodland Ave, Catskill, NY 12414

Christina Frances Myers

General Practice

Status: In Good Standing Licensed: 35 Years

CONTACT

Catskill, NY 12414

Charles Michael Tailleur

General Practice

Status: In Good Standing Licensed: 32 Years

CONTACT

320 Main St, Catskill, NY 12414

Terry Wilhelm

General Practice

Status: In Good Standing Licensed: 44 Years

CONTACT

320 Main St, Catskill, NY 12414

Kelly Ann Grace Nagle-Zaik

General Practice

Status: In Good Standing Licensed: 29 Years

CONTACT

320 Main St, Catskill, NY 12414

Patrick Michael Grattan

Real Estate, Lawsuit & Dispute, Government

Status: In Good Standing Licensed: 28 Years

CONTACT

320 Main St, Catskill, NY 12414

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.

NO-FAULT INSURANCE

Car insurance laws that require the insurance companies of each person in an accident to pay for medical bills and lost wages of their insured, up to a certain ... (more...)

Car insurance laws that require the insurance companies of each person in an accident to pay for medical bills and lost wages of their insured, up to a certain amount, regardless of who was at fault. The effect of no-fault insurance laws is to eliminate lawsuits in small accidents. The advantage is the prompt payment of medical bills and expenses. The downsides are that the amounts paid by no-fault policies are often not enough to fully cover a person's losses and that no-fault does not compensate for pain and suffering.

PRESUMED ABUSE

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means te... (more...)

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means test, the court will presume that the debtor has sufficient income to fund a Chapter 13 plan. In this situation, the debtor will not be allowed to proceed with a Chapter 7 bankruptcy unless the debtor can prove that he or she is not abusing the Chapter 7 bankruptcy remedy.

LIMITED LIABILITY

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or ... (more...)

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or a person who invests in a corporation (a shareholder) generally stands to lose only the amount of money invested in the business. This means that if the business folds, creditors cannot seize or sell an owner's home, car, or other personal assets.

COLLECTION AGENCY

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the d... (more...)

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the debt themselves, typically through letters (called 'dunning' letters) and telephone calls. Collection agencies are regulated by the federal Fair Debt Collection Practices Act. Unfortunately, too many collectors ignore this law.

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.

MEETING OF CREDITORS

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a f... (more...)

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a few questions. In a Chapter 7, the meeting of creditors lasts a few minutes and rarely do any creditors show up. In a Chapter 13 bankruptcy, one or two creditors may attend, especially if they disagree with some provision of your repayment plan.

LIQUIDATING PARTNER

The member of an insolvent or dissolving partnership responsible for paying the debts and settling the accounts of the partnership.

DOING BUSINESS AS (DBA)

A situation in which a business owner operates a company under a name different from his or her real name. The owner must file a 'fictitious name statement' or ... (more...)

A situation in which a business owner operates a company under a name different from his or her real name. The owner must file a 'fictitious name statement' or similar document with the appropriate agency -- for example, the county clerk. This enables consumers to discover the names of the business owners, which is important if a consumer needs to sue the business.

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Greene County, NY Bankruptcy & Debt Lawyers, page 3

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Jacqueline Olivet

Oreste Vincent

Jens Gunther Lobb

Kevin Michael Kelleher

John W. Winans

Christina Frances Myers

Charles Michael Tailleur

Terry Wilhelm

Kelly Ann Grace Nagle-Zaik

Patrick Michael Grattan

TIPS

LEGAL TERMS

SOLE PROPRIETORSHIP

NO-FAULT INSURANCE

PRESUMED ABUSE

LIMITED LIABILITY

COLLECTION AGENCY

DISCHARGEABLE DEBTS

MEETING OF CREDITORS

LIQUIDATING PARTNER

DOING BUSINESS AS (DBA)

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PRACTICE AREAS 70