Helena 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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Dawn Marie Schmidt

General Practice

Status: In Good Standing Licensed: 32 Years

CONTACT

170 Frogtown Rd, Hogansburg, NY 13655

Dale Thomas White

General Practice

Status: In Good Standing Licensed: 45 Years

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71 Margaret Terrance Memorial Way, Hogansburg, NY 13655

Dale Thomas White

General Practice

Status: In Good Standing Licensed: 45 Years

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71 Margaret Terrance Memorial Way, Hogansburg, NY 13655

Carrie Elizabeth Garrow

Lawsuit & Dispute, Government, Indians & Native Populations

Status: In Good Standing Licensed: 30 Years

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882 State Route 37, Hogansburg, NY 13655

Vaughn Nelson Aldrich

General Practice

Status: In Good Standing Licensed: 45 Years

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Hogansburg, NY 13655

Lorelei B. Smith Miller

General Practice

Status: In Good Standing Licensed: 22 Years

CONTACT

71 Margaret Terrance Memorial Way, Hogansburg, NY 13655

Lorraine Marie White

Government Agencies

Status: In Good Standing Licensed: 24 Years

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Hogansburg, NY 13655

Johanne L. Sullivan

General Practice

Status: In Good Standing Licensed: 22 Years

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71 Margaret Terrance Memorial Way, Hogansburg, NY 13655

Lisa Garabedian

General Practice

Status: In Good Standing Licensed: 35 Years

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882 State Route 37, Hogansburg, NY 13655

Randy L. Peets

Real Estate

Status: In Good Standing Licensed: 41 Years

CONTACT

1068 N Raquette River Rd, Massena, NY 13662

800-923-0641

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LEGAL TERMS

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.

GARNISHMENT

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if ... (more...)

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if she loses a lawsuit filed by the creditor. Up to 25% of a person's wages can be deducted.

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.

SUBROGATION

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off i... (more...)

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off its injured claimant takes the legal rights the claimant has against a third party that caused the injury, and sues that third party.

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.

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.

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.

UNDUE HARDSHIP

The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in t... (more...)

The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in the future to pay off the loan may be able to show that repayment would be an undue hardship.

LIQUIDATING PARTNER

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

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Helena Bankruptcy & Debt Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Dawn Marie Schmidt

Dale Thomas White

Dale Thomas White

Carrie Elizabeth Garrow

Vaughn Nelson Aldrich

Lorelei B. Smith Miller

Lorraine Marie White

Johanne L. Sullivan

Lisa Garabedian

Randy L. Peets

TIPS

LEGAL TERMS

DEFINED CONTRIBUTION PLAN

GARNISHMENT

WINDING UP

SUBROGATION

SECRET WARRANTY PROGRAM

MEETING OF CREDITORS

IRS EXPENSES

UNDUE HARDSHIP

LIQUIDATING PARTNER

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