Chestertown 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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Linda Taverni

Real Estate, Business, Bankruptcy & Debt

Status: In Good Standing Licensed: 44 Years

CONTACT

826 Atateka Dr, Chestertown, NY 12817

Anne J. White

Bankruptcy & Debt

Status: In Good Standing

CONTACT

48 Sugarbush Way, Schroon Lake, NY 12870

Alex Colin Turnello

Workers' Compensation, Natural Resources, Construction, Personal Injury, Consumer Bankruptcy

Status: In Good Standing Licensed: 9 Years

CONTACT

17 Heinrick St, Queensbury, NY 12804

Edwin Michael Adeson

Real Estate, Traffic, Litigation, Lawsuit & Dispute, Bankruptcy

Status: In Good Standing Licensed: 30 Years

CONTACT

1 Lawrence St, Glens Falls, NY 12801

David Edward Rudgers

Real Estate, Estate, Divorce & Family Law, Bankruptcy & Debt

Status: In Good Standing Licensed: 37 Years

CONTACT

15 Father Jogues Pl, Paradox, NY 12883

Paula Nadeau Berube

Real Estate, Lawsuit & Dispute, Divorce & Family Law, Bankruptcy

Status: In Good Standing Licensed: 33 Years

CONTACT

Glens Falls, NY 12801

Antonin I. Z. Robbason

Civil Rights, Bankruptcy

Status: In Good Standing

CONTACT

511 Glen St, Glens Falls, NY 12801

Antonin I. Z. Robbason

Construction, Litigation, Insurance, Collection

Status: In Good Standing

CONTACT

511 Glen St, Glens Falls, NY 12801

Michael J. O'Connor

Real Estate, Estate, Environmental Law, Bankruptcy

Status: In Good Standing

CONTACT

68 Warren St, Glens Falls, NY 12801

Mark Allen Lebowitz

Real Estate, Lawsuit & Dispute, Bankruptcy & Debt

Status: In Good Standing

CONTACT

Glens Falls, NY 12801

800-923-0641

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LEGAL TERMS

PRESUMED ABUSE

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means te... (more...)

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means test, the court will presume that the debtor has sufficient income to fund a Chapter 13 plan. In this situation, the debtor will not be allowed to proceed with a Chapter 7 bankruptcy unless the debtor can prove that he or she is not abusing the Chapter 7 bankruptcy remedy.

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.

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemp... (more...)

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemptible because it has been damaged or destroyed.

DISCHARGEABLE DEBTS

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bill... (more...)

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bills and medical bills. Compare nondischargeable debts.

INTEREST

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to ... (more...)

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to your balance. This means that if your loan or credit line has an interest rate of 8%, the holder adds 8% to the balance each year. More specifically, interest is calculated and added to your loan or credit line through a process called compounding. If interest is compounded daily, the balance will rise by 1/365th of 8% each day. If interest is compounded monthly, the balance will rise 1/12th of 8% at the start of each month.

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.

FAIR CREDIT REPORTING ACT (FCRA)

A federal law that is designed to prevent inaccurate or obsolete information from entering or remaining in a credit report. The law requires credit bureaus to a... (more...)

A federal law that is designed to prevent inaccurate or obsolete information from entering or remaining in a credit report. The law requires credit bureaus to adopt reasonable procedures for gathering, maintaining and disseminating information and bars credit bureaus from reporting negative information that is older than seven years, except a bankruptcy, which may be reported for ten. If you notify a credit bureau of an error in your credit report, the FCRA requires the bureau to investigate your allegations within 30 days, review all information you provide, remove inaccurate and unverified information and adopt procedures to keep the information from reappearing. In addition, the law requires that creditors refrain from reporting incorrect information to credit bureaus.

Chestertown Bankruptcy & Debt Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Linda Taverni

Anne J. White

Alex Colin Turnello

Edwin Michael Adeson

David Edward Rudgers

Paula Nadeau Berube

Antonin I. Z. Robbason

Antonin I. Z. Robbason

Michael J. O'Connor

Mark Allen Lebowitz

TIPS

LEGAL TERMS

PRESUMED ABUSE

TRADE DRESS

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

DISCHARGEABLE DEBTS

INTEREST

REPOSSESSION

FAIR CREDIT REPORTING ACT (FCRA)

FCRA

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