Katonah Bankruptcy & 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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Marianne Otoole

Bankruptcy & Debt

Status: Licensed: 35 Years

CONTACT

2 Depot Plaza, Bedford Hills, NY 10507

Marianne T. O'Toole

Lawsuit & Dispute, Divorce, DUI-DWI, Bankruptcy

Status: Licensed: 35 Years

CONTACT

2 Depot Plaza, Bedford Hills, NY 10507

Leslie Anne Simon

Other, Industry Specialties, Venture Capital, Bankruptcy & Debt, Government

Status: Licensed: 46 Years

CONTACT

787 Route 35, Cross River, NY 10518

William F. Macreery

Litigation, Bankruptcy, Bankruptcy & Debt

Status:

CONTACT

7 Granite Springs Rd, Granite Springs, NY 10527

David L. Tillem

Government, Criminal, Business, Bankruptcy & Debt

Status:

CONTACT

145 Todd Rd, Katonah, NY 10536

Alesia Ranney-marinelli

Real Estate, Bankruptcy & Debt

Status: Licensed: 47 Years

CONTACT

99 Mount Holly Road, Katonah, NY 10536

Susan Colleen Alker

Public Finance, Business & Trade, Business, Bankruptcy & Debt

Status: Licensed: 27 Years

CONTACT

100 S Bedford Rd, Mount Kisco, NY 10549

Todd A. Fishlin

Real Estate, Litigation, Trusts, Estate, Bankruptcy

Status: Licensed: 15 Years

CONTACT

118 N Bedford Rd, Mount Kisco, NY 10549

Derin Edip-Walden

Landlord-Tenant, Divorce & Family Law, Collection

Status: Licensed: 29 Years

CONTACT

118 N Bedford Rd, Mount Kisco, NY 10549

Scott W. Reynolds

Commercial Real Estate, Class Action, Banking & Finance, Commercial Bankruptcy

Status: Licensed: 29 Years

CONTACT

118 N Bedford Rd, Mount Kisco, NY 10549

800-923-0641

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LEGAL TERMS

FDCPA

See Fair Debt Collections & Practices Act.

CHAPTER 7 BANKRUPTCY

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 b... (more...)

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 bankruptcy takes from three to six months, costs about $200, and commonly requires only one trip to the courthouse.

TRUTH IN LENDING ACT (TILA)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disc... (more...)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disclose the terms of a loan, including the total amount of the loan, the annual interest rate and the number, amount and due dates of all payments necessary to repay the loan. The TILA requires additional disclosures and places many restrictions on mortgages.

C CORPORATION

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S c... (more...)

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S corporation, whose profits are passed through to shareholders and taxed on their personal returns under subchapter S of the Internal Revenue Code.

NONPROFIT CORPORATION

A legal structure authorized by state law allowing people to come together to either benefit members of an organization (a club, or mutual benefit society) or f... (more...)

A legal structure authorized by state law allowing people to come together to either benefit members of an organization (a club, or mutual benefit society) or for some public purpose (such as a hospital, environmental organization or literary society). Nonprofit corporations, despite the name, can make a profit, but the business cannot be designed primarily for profit-making purposes, and the profits must be used for the benefit of the organization or purpose the corporation was created to help. When a nonprofit corporation dissolves, any remaining assets must be distributed to another nonprofit, not to board members. As with for-profit corporations, directors of nonprofit corporations are normally shielded from personal liability for the organization's debts. Some nonprofit corporations qualify for a federal tax exemption under _ 501(c)(3) of the Internal Revenue Code, with the result that contributions to the nonprofit are tax deductible by their donors.

LIEN

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortg... (more...)

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortgages, home equity loans, car loans and personal loans for which you pledge property to guarantee repayment. Liens created without your consent are called nonconsensual liens, and include judgment liens (liens filed by a creditor who has sued you and obtained a judgment), tax liens and mechanics liens (liens filed by a contractor who worked on your house but wasn't paid).

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.

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.

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.

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Katonah Bankruptcy & Debt Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Marianne Otoole

Marianne T. O'Toole

Leslie Anne Simon

William F. Macreery

David L. Tillem

Alesia Ranney-marinelli

Susan Colleen Alker

Todd A. Fishlin

Derin Edip-Walden

Scott W. Reynolds

TIPS

LEGAL TERMS

FDCPA

CHAPTER 7 BANKRUPTCY

TRUTH IN LENDING ACT (TILA)

C CORPORATION

NONPROFIT CORPORATION

LIEN

CYBERSQUATTING

FORBEARANCE

WINDING UP

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