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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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Thomas Arthur Dorey

Divorce & Family Law, Bankruptcy & Debt, Accident & Injury

Status: Licensed: 48 Years

CONTACT

Lakewood, NY 14750

Matthea W. Ross

Lawsuit & Dispute, Bankruptcy & Debt

Status: Licensed: 12 Years

CONTACT

202 W 4Th St, Jamestown, NY 14701

Robert A. Liebers

Real Estate, Child Custody, Criminal, Bankruptcy

Status: Licensed: 41 Years

CONTACT

15 E 5Th St, Jamestown, NY 14701

Charles Salvatore Deangelo

Child Custody, Divorce & Family Law, Bankruptcy

Status: Licensed: 43 Years

CONTACT

81 Forest Ave, Jamestown, NY 14701

Craig Edward Jackson

Government, Divorce & Family Law, Bankruptcy & Debt, Accident & Injury

Status: Licensed: 23 Years

CONTACT

500 Pine St, Jamestown, NY 14701

Scott Frederick Humble

Divorce, Divorce & Family Law, DUI-DWI, Criminal, Bankruptcy & Debt

Status:

CONTACT

7 Jackson Ave Ne, Jamestown, NY 14701

James Edward Westman

Employee Rights, Family Law, Divorce & Family Law, Collection, Personal Injury

Status: Licensed: 48 Years

CONTACT

300 E 6Th St, Jamestown, NY 14701

Richard Hunt Fessenden

Real Estate, Estate, Business, Bankruptcy & Debt

Status: Licensed: 51 Years

CONTACT

Jamestown, NY 14702

Dustin Deweese Nelson

Industry Specialties, Business, Bankruptcy & Debt

Status: Licensed: 42 Years

CONTACT

Chautauqua, NY 14722

Patrick Joseph Slagle

Real Estate, Lawsuit & Dispute, Consumer Rights, Bankruptcy & Debt

Status: Licensed: 14 Years

CONTACT

7 N Erie St, Mayville, NY 14757

800-814-6700

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LEGAL TERMS

CREDIT COUNSELING

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Unde... (more...)

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Under the new bankruptcy law, a debtor must undergo credit counseling with an approved provider before filing for bankruptcy.

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.

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.

CREDIT FILE

See credit report.

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.

PRIORITY DEBT

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13... (more...)

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13 bankruptcy. Priority debts include alimony and child support, fees owed to the trustee and the attorney in the bankruptcy case, and wages owed to employees.

UNDUE HARDSHIP

The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in t... (more...)

The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in the future to pay off the loan may be able to show that repayment would be an undue hardship.

WORKOUT

A debtor's plan to take care of a debt, by paying it off or through loan forgiveness. Workouts are often created to avoid bankruptcy or foreclosure proceedings.

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.

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Lakewood Bankruptcy & Debt Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Thomas Arthur Dorey

Matthea W. Ross

Robert A. Liebers

Charles Salvatore Deangelo

Craig Edward Jackson

Scott Frederick Humble

James Edward Westman

Richard Hunt Fessenden

Dustin Deweese Nelson

Patrick Joseph Slagle

TIPS

LEGAL TERMS

CREDIT COUNSELING

CHAPTER 7 BANKRUPTCY

CYBERSQUATTING

CREDIT FILE

SUBROGATION

PRIORITY DEBT

UNDUE HARDSHIP

WORKOUT

NONEXEMPT PROPERTY

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