Lawrenceville Reorganization 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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Not enough matches for Lawrenceville Reorganization lawyer.
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Patrick Joseph Cappello

Real Estate, Divorce & Family Law, Business, Accident & Injury

Status: Licensed: 14 Years

CONTACT

76 Market St, Potsdam, NY 13676

Francis Peter Cappello

Real Estate, Estate, Business

Status: Licensed: 52 Years

CONTACT

76 Market St, Potsdam, NY 13676

Lisa Garabedian

General Practice

Status: Licensed: 35 Years

CONTACT

882 State Route 37, Hogansburg, NY 13655

Joseph Timothy Welch

General Practice

Status: Licensed: 26 Years

CONTACT

Potsdam, NY 13676

Lorraine Marie White

Government Agencies

Status: Licensed: 24 Years

CONTACT

Hogansburg, NY 13655

Peter John Herne

General Practice

Status: Licensed: 26 Years

CONTACT

1552 State Route 37, Hogansburg, NY 13655

Dale Thomas White

General Practice

Status: Licensed: 45 Years

CONTACT

71 Margaret Terrance Memorial Way, Hogansburg, NY 13655

Christopher Don Nye

General Practice

Status: Licensed: 13 Years

CONTACT

Fort Covington, NY 12937

Dawn Marie Schmidt

General Practice

Status: Licensed: 32 Years

CONTACT

170 Frogtown Rd, Hogansburg, NY 13655

Virginia Ann Gettmann

Accident & Injury, Estate, Real Estate, Traffic

Status: Licensed: 24 Years

CONTACT

40 Main St., Massena, NY 13662

800-923-0641

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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.

DOING BUSINESS AS (DBA)

A situation in which a business owner operates a company under a name different from his or her real name. The owner must file a 'fictitious name statement' or ... (more...)

A situation in which a business owner operates a company under a name different from his or her real name. The owner must file a 'fictitious name statement' or similar document with the appropriate agency -- for example, the county clerk. This enables consumers to discover the names of the business owners, which is important if a consumer needs to sue the business.

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.

DISPOSABLE INCOME

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Ch... (more...)

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Chapter 13 plan.

DISCHARGE (OF DEBTS)

A bankruptcy court's erasure of the debts of a person or business that has filed for bankruptcy.

BANKRUPTCY

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are ... (more...)

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are two types of bankruptcies -- liquidation, in which your debts are wiped out (discharged) and reorganization, in which you provide the court with a plan for how you intend to repay your debts. For both consumers and business, liquidation bankruptcy is called Chapter 7. For consumers, reorganization bankruptcy is called Chapter 13. Reorganization bankruptcy for consumers with an extraordinary amount of debt and for businesses is called Chapter 11. Reorganization bankruptcy for family farmers is called Chapter 12.

CREDIT REPORT

An account of your credit history, prepared by a credit bureau. A credit report will contain both credit history, such as what you owe to whom and whether you m... (more...)

An account of your credit history, prepared by a credit bureau. A credit report will contain both credit history, such as what you owe to whom and whether you make the payments on time, as well as personal history, such as your former addresses, employment record and lawsuits in which you have been involved. An estimated 50% of all credit reports contain errors, such as accounts that don't belong to you, an incorrect account status or information reported that is older than seven years (ten years in the case of a bankruptcy).

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.

GENERAL PARTNER

A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners), is personally liable for all the... (more...)

A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners), is personally liable for all the business's debts and obligations. A general partner's actions can legally bind the entire business. See also partnership, limited partnership.

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Lawrenceville Reorganization Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Patrick Joseph Cappello

Francis Peter Cappello

Lisa Garabedian

Joseph Timothy Welch

Lorraine Marie White

Peter John Herne

Dale Thomas White

Christopher Don Nye

Dawn Marie Schmidt

Virginia Ann Gettmann

TIPS

LEGAL TERMS

BULK SALES LAW

DOING BUSINESS AS (DBA)

401(K) PLAN

DISPOSABLE INCOME

DISCHARGE (OF DEBTS)

BANKRUPTCY

CREDIT REPORT

FRATERNAL BENEFIT SOCIETY BENEFITS

GENERAL PARTNER

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