Huletts Landing Credit & 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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Not enough matches for Huletts Landing Credit & Debt lawyer.
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Linda Taverni

Real Estate, Business, Bankruptcy & Debt

Status: Licensed: 44 Years

CONTACT

826 Atateka Dr, Chestertown, NY 12817

Alan R. Lecours

Real Estate, Criminal, Bankruptcy & Debt

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Gansevoort, NY 12831

Mark Allen Lebowitz

Real Estate, Lawsuit & Dispute, Bankruptcy & Debt

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Glens Falls, NY 12801

Michael J. O'Connor

Real Estate, Estate, Environmental Law, Bankruptcy

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68 Warren St, Glens Falls, NY 12801

Edwin Michael Adeson

Real Estate, Traffic, Litigation, Lawsuit & Dispute, Bankruptcy

Status: Licensed: 30 Years

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1 Lawrence St, Glens Falls, NY 12801

Joy Marie Smith

Bankruptcy, Bankruptcy & Debt

Status: Licensed: 28 Years

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77 Hunter St, Glens Falls, NY 12801

Antonin I. Z. Robbason

Civil Rights, Bankruptcy, Construction, Litigation, Insurance

Status:

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511 Glen St, Glens Falls, NY 12801

Alex Colin Turnello

Workers' Compensation, Natural Resources, Construction, Personal Injury, Consumer Bankruptcy

Status: Licensed: 9 Years

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17 Heinrick St, Queensbury, NY 12804

Arnold B. Firestone

International, Employment Discrimination, Divorce & Family Law, Bankruptcy & Debt

Status: Licensed: 65 Years

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39 Loughberry Lake Rd, Saratoga Springs, NY 12866

Paul David Rogan

Real Estate, Bankruptcy & Debt

Status: Licensed: 26 Years

CONTACT

13 Azalea Dr, Saratoga Springs, NY 12866

800-923-0641

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LEGAL TERMS

LIQUIDATING PARTNER

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

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.

CCCS

See Consumer Credit Counseling Service.

FORBEARANCE

Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily ... (more...)

Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily postponing or reducing the borrower's payments.

TRADE NAME

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

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.

MEANS TEST

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income ... (more...)

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income for his or her state should be allowed to file for Chapter 7 bankruptcy.

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.

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.

SAMPLE LEGAL CASES

COLLINS FIN. v. Vigilante

... Such a system is not tolerable in regard to credit card and other consumer credit debt cases where items such as the interest rate, late payment charge, and over-the-limit fees may change several times over the course of the consumer credit agreement. ...

Grasso v. Grasso

... 765 The husband also correctly contends that the Supreme Court improvidently exercised its discretion by, in effect, holding him responsible for 100% of the credit card obligations that constitute the parties' marital debt as well as all the marital debt that was solely in the wife's ...

PRA III LLC v. Gonzalez

... agreement to extend credit to the defendant, the issuance of credit cards at the defendant's address, his use of credit cards, his ... Moreover, the plaintiff submitted no evidence demonstrating the defendant's intention to pay the alleged debt (see General Obligations Law Â§ 17-101 ...

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Huletts Landing Credit & Debt Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Linda Taverni

Alan R. Lecours

Mark Allen Lebowitz

Michael J. O'Connor

Edwin Michael Adeson

Joy Marie Smith

Antonin I. Z. Robbason

Alex Colin Turnello

Arnold B. Firestone

Paul David Rogan

TIPS

LEGAL TERMS

LIQUIDATING PARTNER

DEFINED CONTRIBUTION PLAN

CCCS

FORBEARANCE

TRADE NAME

401(K) PLAN

MEANS TEST

IRS EXPENSES

PRESUMED ABUSE

SAMPLE LEGAL CASES

COLLINS FIN. v. Vigilante

Grasso v. Grasso

PRA III LLC v. Gonzalez

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