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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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7. Profile

Joseph Isaac Terkell

Real Estate, Bankruptcy & Debt

Status: Licensed: 44 Years

CONTACT

19 Bender Rd, New City, NY 10956

Allen Kolber

Business, Bankruptcy & Debt

Status:

CONTACT

134 Route 59, Suffern, NY 10901

Benjamin Michael Adams

Real Estate, Bankruptcy & Debt

Status:

CONTACT

98 Lafayette Ave, Suffern, NY 10901

Yecheskel Menashe

Bankruptcy & Debt

Status: Licensed: 21 Years

CONTACT

400 Rella Blvd, Suffern, NY 10901

Harvey Stephen Barr

Bankruptcy & Debt, Bankruptcy, Collection

Status:

CONTACT

80 Red Schoolhouse Road, Spring Valley, NY 10977

Michael Leslie Klein

Industry Specialties, Civil & Human Rights, Business, Bankruptcy & Debt

Status: Licensed: 46 Years

CONTACT

2 Executive Blvd, Suffern, NY 10901

Julian A. Schulman

Bankruptcy & Debt

Status: Licensed: 46 Years

CONTACT

Four Executive Blvd, Suffern, NY 10901

Steven M. Greco

Bankruptcy & Debt

Status: Licensed: 33 Years

CONTACT

4 Executive Blvd, Suffern, NY 10901

Marc I. Kissel

Bankruptcy & Debt

Status: Licensed: 34 Years

CONTACT

4 Executive Blvd, Suffern, NY 10901

Wayne Anthony Gavioli

Industry Specialties, Family Law, Business, Bankruptcy & Debt

Status: Licensed: 48 Years

CONTACT

101 N Middletown Rd, Nanuet, NY 10954

800-814-6700

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800-943-8690

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LEGAL TERMS

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.

NONEXEMPT PROPERTY

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typicall... (more...)

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typically includes valuable clothing (furs) and electronic equipment, an expensive car that's been paid off and most of the equity in your house. Compare exempt property.

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.

FRATERNAL BENEFIT SOCIETY BENEFITS

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal socie... (more...)

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal societies that provide benefits. Also called benefit society, benevolent society or mutual aid association benefits. Under bankruptcy laws, these benefits are virtually always considered exempt property.

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.

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.

INFRINGEMENT (OF TRADEMARK)

Unauthorized use of a protected trademark or service mark, or use of something very similar to a protected mark. The success of a lawsuit to stop the infringeme... (more...)

Unauthorized use of a protected trademark or service mark, or use of something very similar to a protected mark. The success of a lawsuit to stop the infringement turns on whether the defendant's use causes a likelihood of confusion in the average consumer. If a court determines that the average consumer would be confused, the owner of the original mark can prevent the other's use of the infringing mark and sometimes collect damages.

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.

ADMINISTRATIVE EXPENSES

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Admi... (more...)

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Administrative costs are typically 10% of the debtor's total payments under the plan.

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Kaser Bankruptcy & Debt Lawyer, New York, page 2

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Joseph Isaac Terkell

Allen Kolber

Benjamin Michael Adams

Yecheskel Menashe

Harvey Stephen Barr

Michael Leslie Klein

Julian A. Schulman

Steven M. Greco

Marc I. Kissel

Wayne Anthony Gavioli

TIPS

LEGAL TERMS

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

NONEXEMPT PROPERTY

TRADE DRESS

FRATERNAL BENEFIT SOCIETY BENEFITS

DEFINED CONTRIBUTION PLAN

WINDING UP

INFRINGEMENT (OF TRADEMARK)

GARNISHMENT

ADMINISTRATIVE EXPENSES

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