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.

Denise Jeanne Kerrigan

General Practice

Status: In Good Standing Licensed: 36 Years

CONTACT

411 Main St, Catskill, NY 12414

John W. Winans

Real Estate

Status: In Good Standing Licensed: 46 Years

CONTACT

83 Woodland Ave, Catskill, NY 12414

Daniel William Peckham

Landlord-Tenant, Real Estate, Government, Divorce

Status: In Good Standing Licensed: 34 Years

CONTACT

280 Peckham Rd, Prattsville, NY 12468

Daniel Arthur Benoit

General Practice

Status: In Good Standing Licensed: 9 Years

CONTACT

287 Main St, Catskill, NY 12414

Angelo Frank Scaturro

General Practice

Status: In Good Standing Licensed: 31 Years

CONTACT

Coxsackie, NY 12051

Kathleen O'Keefe

General Practice

Status: In Good Standing

CONTACT

11 Jackson Rd, Palenville, NY 12463

Veronica Maxine Kosich

Wills & Probate, Estate Planning, Divorce & Family Law, Criminal

Status: In Good Standing Licensed: 26 Years

CONTACT

24 Hamburg Rd, Catskill, NY 12414

Michael W. Esslie

Landlord-Tenant, Estate Planning, Employment, Personal Injury

Status: In Good Standing Licensed: 26 Years

CONTACT

550 Main St, Cairo, NY 12413

Monica Marie Kenny-Keff

General Practice

Status: In Good Standing Licensed: 19 Years

CONTACT

Cairo, NY 12413

Nicholas Arthur Battaglia

Lawsuit & Dispute, Industry Specialties, Civil & Human Rights

Status: In Good Standing Licensed: 12 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.

C CORPORATION

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S c... (more...)

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S corporation, whose profits are passed through to shareholders and taxed on their personal returns under subchapter S of the Internal Revenue Code.

TRADE NAME

The official name of a business, the one it uses on its letterhead and bank account when not dealing with consumers.

REPOSSESSION

A creditor's taking property that has been pledged as collateral for a loan. Lenders will most often repossess cars when the owner has missed loan payments and ... (more...)

A creditor's taking property that has been pledged as collateral for a loan. Lenders will most often repossess cars when the owner has missed loan payments and has not attempted to work with the lender to resolve the problem. A repossessor can't use force to get at your car, but he can legally hot-wire it and even drive it out of your unlocked garage.

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.

WINDING UP

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, a... (more...)

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, all with the ultimate goal of liquidating or closing down a corporation or partnership.

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.

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.

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.

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Greene County, NY Bankruptcy & Debt Lawyers, page 3

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Denise Jeanne Kerrigan

John W. Winans

Daniel William Peckham

Daniel Arthur Benoit

Angelo Frank Scaturro

Kathleen O'Keefe

Veronica Maxine Kosich

Michael W. Esslie

Monica Marie Kenny-Keff

Nicholas Arthur Battaglia

TIPS

LEGAL TERMS

SOLE PROPRIETORSHIP

C CORPORATION

TRADE NAME

REPOSSESSION

LIMITED PARTNERSHIP

WINDING UP

401(K) PLAN

BANKRUPTCY TRUSTEE

GRACE PERIOD

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