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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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David T Stephenson

Intellectual Property, Industry Specialties, Collection, Products Liability

Status: Licensed: 21 Years

CONTACT

1150 Maple Rd, Elma, NY 14059

Joseph John Terranova

Household Mold, Collection, Civil Rights, Consumer Protection

Status: Licensed: 46 Years

CONTACT

2901 Bowen Rd, Elma, NY 14059

James Michael Joyce

Collection

Status: Licensed: 39 Years

CONTACT

4733 Transit Rd, Depew, NY 14043

Vincent Gregory Lo Tempio

Intellectual Property, DUI-DWI, Collection, Products Liability

Status:

CONTACT

8433 William Smith Way, Buffalo, NY 14221

Brian R. Goodwin

Commercial Banks, Commercial Real Estate, Credit & Debt, Motor Vehicle, Collection

Status: Licensed: 22 Years

CONTACT

97 Virginia Road, Buffalo, NY 14225

Harold P. Bulan

Collection

Status: Licensed: 61 Years

CONTACT

93 Hidden Ridge Commons, Buffalo, NY 14221

Gerald Chiari

Collection

Status: Licensed: 54 Years

CONTACT

1440 Rand Building, Buffalo, NY 14203

Richard John Biryla

Real Estate, Lawsuit & Dispute, Estate, Collection

Status: Licensed: 47 Years

CONTACT

14 Lafayette Square, Buffalo, NY 14203

Daria Lynnette Pratcher

Collection, Business & Trade, Real Estate, Commercial Real Estate

Status: Licensed: 22 Years

CONTACT

37 Franklin St, Buffalo, NY 14202

Scott Anthony Bylewski

Products Liability, Collection, DUI-DWI, Divorce

Status: Licensed: 27 Years

CONTACT

5861 Goodrich Rd, Clarence Center, NY 14032

800-814-6700

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LEGAL TERMS

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.

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.

PREFERENCE

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commer... (more...)

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commercial creditors) and within one year for insider creditors (friends, family members, and business associates). Because a preference gives the creditor who received the payment an edge over other creditors in the bankruptcy case, the trustee can recover the preference (the amount of the payment) and distribute it among all of the creditors.

CREDITOR

A person or entity (such as a bank) to whom a debt is owed.

CURRENT MONTHLY INCOME

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding... (more...)

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding the bankruptcy filing. The debtor's current monthly income is used to determine whether the debtor can file for Chapter 7 bankruptcy, among other things.

CYBERSQUATTING

Buying a domain name that reflects the name of a business or famous person with the intent of selling the name back to the business or celebrity for a profit. T... (more...)

Buying a domain name that reflects the name of a business or famous person with the intent of selling the name back to the business or celebrity for a profit. The Anticybersquatting Consumer Protection Act of 1999 authorizes a cybersquatting victim to file a federal lawsuit to regain a domain name or sue for financial compensation. Under the act, registering, selling or using a domain name with the intent to profit from someone else's good name is considered cybersquatting. Victims of cybersquatting can also use the provisions of the Uniform Domain Name Dispute Resolution Policy adopted by ICANN, an international tribunal administering domain names. This international policy results in arbitration of the dispute, not litigation.

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.

DEBT COLLECTOR

A person who works in the in-house collections department of an original creditor or a collection agency to track down debtors and get them to pay what they owe... (more...)

A person who works in the in-house collections department of an original creditor or a collection agency to track down debtors and get them to pay what they owe. Debt collectors can be relentless, often using scare tactics, humiliation and repeated phone calls to extract payments or promises to pay.

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.

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Java Center Collection Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

David T Stephenson

Joseph John Terranova

James Michael Joyce

Vincent Gregory Lo Tempio

Brian R. Goodwin

Harold P. Bulan

Gerald Chiari

Richard John Biryla

Daria Lynnette Pratcher

Scott Anthony Bylewski

TIPS

LEGAL TERMS

SECRET WARRANTY PROGRAM

LIMITED PARTNERSHIP

PREFERENCE

CREDITOR

CURRENT MONTHLY INCOME

CYBERSQUATTING

SOLE PROPRIETORSHIP

DEBT COLLECTOR

401(K) PLAN

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