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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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Joseph J. Marusak

Patent, DUI-DWI, Collection, Products Liability

Status: Licensed: 44 Years

CONTACT

69 Delaware Ave, Buffalo, NY 14202

Mitchell M. Stenger

Collection, Industry Specialties, Patent, Other

Status: Licensed: 38 Years

CONTACT

69 Delaware Ave, Buffalo, NY 14202

William Edward Nowakowski

Lawsuit & Dispute, Collection, Bankruptcy & Debt, Products Liability

Status: Licensed: 41 Years

CONTACT

69 Delaware Ave, Buffalo, NY 14202

Theron Edwin Howard

Collection, Banking & Finance, Estate Planning, State Government, Foreclosure

Status: Licensed: 48 Years

CONTACT

15 Clay St, Le Roy, NY 14482

Morris Louis Horwitz

Bankruptcy, Commercial Real Estate, Collection

Status: Licensed: 51 Years

CONTACT

243 Old Lyme Dr, Buffalo, NY 14221

Sherree Meadows

Collection

Status: Licensed: 35 Years

CONTACT

88 W Utica St, Buffalo, NY 14209

Vincent G. Lo Tempio

Intellectual Property, DUI-DWI, Collection, Products Liability

Status: Licensed: 39 Years

CONTACT

8555 Main St, Buffalo, NY 14221

Vincent Lotempio

Trademark, Patent, Intellectual Property, Collection

Status:

CONTACT

8555 Main St, Buffalo, NY 14221

Roseanne J. Moran

Collection

Status: Licensed: 26 Years

CONTACT

4476 Main St, Buffalo, NY 14226

Rebecca Ann Bylewski

Accident & Injury, Collection, Patent, Products Liability

Status: Licensed: 25 Years

CONTACT

8555 Main St, Buffalo, NY 14221

800-814-6700

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LEGAL TERMS

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.

FDCPA

See Fair Debt Collections & Practices Act.

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.

HOUSEHOLDER

A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a ho... (more...)

A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a homestead exemption and possibly other exemptions relating to the maintenance of the household.

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.

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.

FAIR LABOR STANDARDS ACT (FLSA)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements ... (more...)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements for overtime and places restrictions on child labor.

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.

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.

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Java Center Collection Lawyer, New York, page 2

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Joseph J. Marusak

Mitchell M. Stenger

William Edward Nowakowski

Theron Edwin Howard

Morris Louis Horwitz

Sherree Meadows

Vincent G. Lo Tempio

Vincent Lotempio

Roseanne J. Moran

Rebecca Ann Bylewski

TIPS

LEGAL TERMS

BULK SALES LAW

FDCPA

SECRET WARRANTY PROGRAM

HOUSEHOLDER

FORBEARANCE

GARNISHMENT

FAIR LABOR STANDARDS ACT (FLSA)

REPOSSESSION

CURRENT MONTHLY INCOME

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