Killawog 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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Lee Matthew Van Houten

Alimony & Spousal Support, Bankruptcy, Collection, Criminal

Status: In Good Standing

CONTACT

104-114 North Cayuga Street, Ithaca, NY 14850

George D. Patte

Corporate, Contract, Business Organization, Bankruptcy

Status: In Good Standing

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121 East Buffalo Street, Ithaca, NY 14850

Richard P. Ruswick

Bankruptcy, Corporate, Business Organization, Construction

Status: In Good Standing

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401 E. State St., Ithaca, NY 14850

Lauren S. Cohen

Family Law, Child Support, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 43 Years

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830 Oakdale Road, Johnson City, NY 13790

Peter A. Orville

Constitutional Law, Banking & Finance, Credit & Debt, Bankruptcy

Status: In Good Standing Licensed: 44 Years

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30 Riverside Dr, Binghamton, NY 13905

Anna Jane Smith

Consumer Bankruptcy

Status: In Good Standing Licensed: 12 Years

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104-114 North Cayuga St, Ithaca, NY 14850

Lee Matthew Van Houten

Landlord-Tenant, Collection, DUI-DWI, Divorce

Status: In Good Standing

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104-114 North Cayuga Street, Ithaca, NY 14850

Richard P Ruswick

Real Estate, Wills & Probate, Trusts, Bankruptcy, Estate

Status: In Good Standing Licensed: 39 Years

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121 E. Buffalo St., Ithaca, NY 14850

Susan Beth Mcneil

Family Law, Business & Trade, Collection, Bankruptcy & Debt

Status: In Good Standing Licensed: 21 Years

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309 N Tioga St, Ithaca, NY 14850

James A. Salk

Business, Transactions, Commercial Bankruptcy, Residential Real Estate

Status: In Good Standing Licensed: 46 Years

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118 E Clinton St, Ithaca, NY 14850

800-923-0641

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LEGAL TERMS

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.

IRS EXPENSES

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income mu... (more...)

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income must use the IRS expenses to calculate their average net income in a Chapter 7 case, or their disposable income in a Chapter 13 case.

HOUSEHOLDER

A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a ho... (more...)

A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a homestead exemption and possibly other exemptions relating to the maintenance of the household.

FAIR LABOR STANDARDS ACT (FLSA)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements ... (more...)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements for overtime and places restrictions on child labor.

CHAPTER 13 BANKRUPTCY

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your inc... (more...)

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your income to pay all or a portion of the debts over three to five years. The minimum amount you must pay is roughly equal to the value of your nonexempt property. In addition, you must pledge your disposable net income -- after subtracting reasonable expenses -- for the period during which you are making payments. At the end of the three-to five-year period, the balance of what you owe on most debts is erased.

REAFFIRMATION

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing deb... (more...)

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing debt after the bankruptcy case is over. For instance, a debtor might make a reaffirmation agreement with the holder of a car note that the debtor can keep the car and must continue to pay the debt after bankruptcy.

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.

FAIR DEBT COLLECTIONS & PRACTICES ACT (FDCPA)

A federal law that outlaws unfair debt collection practices, including lying, harassing, misleading and otherwise abusing debtors, by debt collectors working fo... (more...)

A federal law that outlaws unfair debt collection practices, including lying, harassing, misleading and otherwise abusing debtors, by debt collectors working for collection agencies. The law does not apply to creditors collecting their own debts. This law has greatly improved conditions for debtors, although more than a few debt collectors ignore the law. If a collection agency violates the law, debtors can contact the Federal Trade Commission for help.

CREDIT INSURANCE

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay o... (more...)

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay off the remaining balance. Federal and state consumer protection laws require the lender to disclose to existing and potential borrowers the terms and costs of obtaining credit insurance because it can affect the terms of the loan.

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Killawog Reorganization Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Lee Matthew Van Houten

George D. Patte

Richard P. Ruswick

Lauren S. Cohen

Peter A. Orville

Anna Jane Smith

Lee Matthew Van Houten

Richard P Ruswick

Susan Beth Mcneil

James A. Salk

TIPS

LEGAL TERMS

ADMINISTRATIVE EXPENSES

IRS EXPENSES

HOUSEHOLDER

FAIR LABOR STANDARDS ACT (FLSA)

CHAPTER 13 BANKRUPTCY

REAFFIRMATION

C CORPORATION

FAIR DEBT COLLECTIONS & PRACTICES ACT (FDCPA)

CREDIT INSURANCE

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