Island Park Reorganization 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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Warren R. Graham

Banking & Finance, Bankruptcy, Corporate, Reorganization

Status: In Good Standing

FREE CONSULTATION

CONTACT

292 Madison Avenue, New York, NY 10017

Lauren Marie Bernstein

Litigation, Immigration, Reorganization, Bankruptcy & Debt, Federal

Status: In Good Standing Licensed: 9 Years

CONTACT

400 Garden City Plaza, Garden City, NY 11530

Mary Ann Catalano

Trusts, Estate, Employment, Reorganization

Status: In Good Standing

CONTACT

1122 Franklin Ave, Garden City, NY 11530

Jessica Gittle Berman

Litigation, Business Organization, Reorganization, Bankruptcy & Debt

Status: In Good Standing

CONTACT

990 Stewart Avenue, Garden City, NY 11530

Neil Ackerman

Immigration, Reorganization, Consumer Bankruptcy, Commercial Bankruptcy, Bankruptcy

Status: In Good Standing

CONTACT

675 Old Country Rd, Westbury, NY 11590

Rhoda Y. Andors

Administrative Law, Reorganization, Wrongful Termination, Civil Rights

Status: In Good Standing

CONTACT

98 Cutter Mill Road, Great Neck, NY 11021

Gary Petropoulos

Litigation, Insurance, Reorganization, Legal Malpractice

Status: In Good Standing

CONTACT

100 Jericho Quadrangle, Jericho, NY 11753

Gregory Laurence Matalon

Estate Administration, Estate Planning, Elder Law, Reorganization

Status: In Good Standing Licensed: 26 Years

CONTACT

100 Jericho Quadrangle, Jericho, NY 11753

Joseph P McGurk

Contract, Dispute Resolution, Reorganization, Advertising

Status: In Good Standing Licensed: 24 Years

CONTACT

350 Jay St, Brooklyn, NY 11201

Vanessa Green Spiro

Real Estate, Lending, Reorganization, Bankruptcy & Debt

Status: In Good Standing Licensed: 34 Years

CONTACT

222 E 41st St, New York, NY 10017

800-923-0641

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LEGAL TERMS

TRADE DRESS

The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape... (more...)

The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape of Frangelico liqueur bottles. Trade dress can be protected under trademark law if a showing can be made that the average consumer would likely be confused as to product origin if another product were allowed to appear in similar dress.

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.

FCRA

See Fair Credit Reporting Act.

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.

BULK SALES LAW

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to ... (more...)

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to conduct a bulk sale of business assets -- that is, get rid of an unusually large amount of inventory, merchandise or equipment -- the business owner must typically publish a notice of the sale and give written notice to creditors. Then, the owner must set up an account to hold the funds from the sale for a brief period of time during which creditors may make claims against the money. The prohibition against bulk sales is spelled out in the Uniform Commercial Code -- and laws modeled on the UCC have been generally adopted throughout the country.

CREDIT BUREAU

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit... (more...)

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit card companies that use the information to screen applicants for loans and credit cards. There are three major credit bureaus, Equifax, Experian and Trans Union, and they are regulated by the federal Fair Credit Reporting Act.

REDEMPTION

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump s... (more...)

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump sum. For example, a debtor may redeem a car note by paying the lender the amount a retail vendor would charge for the car, considering its age and condition.

COLLATERAL

Property that guarantees payment of a secured debt.

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

A national non-profit agency that, at no cost, helps debtors plan budgets and repay their debts. One major criticism of CCCS is that each office is primarily fu... (more...)

A national non-profit agency that, at no cost, helps debtors plan budgets and repay their debts. One major criticism of CCCS is that each office is primarily funded by voluntary donations from the creditors that receive payments from debtors repaying their debts through that office. Despite this criticism, most CCCS counselors provide clients with thorough and neutral advice.

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Island Park Reorganization Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Warren R. Graham

Lauren Marie Bernstein

Mary Ann Catalano

Jessica Gittle Berman

Neil Ackerman

Rhoda Y. Andors

Gary Petropoulos

Gregory Laurence Matalon

Joseph P McGurk

Vanessa Green Spiro

TIPS

LEGAL TERMS

TRADE DRESS

SUBROGATION

FCRA

GRACE PERIOD

BULK SALES LAW

CREDIT BUREAU

REDEMPTION

COLLATERAL

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

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