Middle Island 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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Craig Robins

Employment Discrimination, Bankruptcy, Bankruptcy & Debt, Personal Injury

Status: In Good Standing

CONTACT

479 Middle Country Road, Coram, NY 11727

Joseph Mario Mauro

Consumer Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 29 Years

CONTACT

7 Bayberry Ct, Holtsville, NY 11742

Robert J. Zysk

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

Status: In Good Standing

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155 Bellport Ave, Medford, NY 11763

Melvyn Lewis Jacoby

Real Estate, Motor Vehicle, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

CONTACT

1737 N Ocean Ave, Medford, NY 11763

Jane Marie Mclaughlin

Bankruptcy & Debt

Status: In Good Standing Licensed: 35 Years

CONTACT

1719 N Ocean Ave, Medford, NY 11763

John Joseph Gonzalez

Real Estate, Bankruptcy, Bankruptcy & Debt, Personal Injury

Status: In Good Standing

CONTACT

3237 Route 112, Medford, NY 11763

Richard Andrew Jacoby

DUI-DWI, Collection, Bankruptcy, Medical Malpractice

Status: In Good Standing

CONTACT

1737 N Ocean Ave, Medford, NY 11763

Christine Marie Schibani

Commercial Real Estate, Family Law, Bankruptcy, Personal Injury

Status: In Good Standing Licensed: 24 Years

CONTACT

1737 N Ocean Ave, Medford, NY 11763

Richard Andrew Jacoby

Real Estate, Bankruptcy, Bankruptcy & Debt, Accident & Injury

Status: In Good Standing Licensed: 31 Years

CONTACT

1737 N Ocean Ave, Medford, NY 11763

Mel Jacoby

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

Status: In Good Standing

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1737 N Ocean Ave, Medford, NY 11763

800-923-0641

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LEGAL TERMS

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.

GARNISHMENT

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if ... (more...)

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if she loses a lawsuit filed by the creditor. Up to 25% of a person's wages can be deducted.

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.

REDEMPTION

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump s... (more...)

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump sum. For example, a debtor may redeem a car note by paying the lender the amount a retail vendor would charge for the car, considering its age and condition.

SECRET WARRANTY PROGRAM

A program under which a car manufacturer will make repairs for free on vehicles with persistent problems, even after the warranty has expired, in order to avoid... (more...)

A program under which a car manufacturer will make repairs for free on vehicles with persistent problems, even after the warranty has expired, in order to avoid a recall and the accompanying bad press. Secret warranties are rarely advertised by the manufacturer, so consumers must pursue the manufacturer to discover and take advantage of them. A few states require manufacturers to notify car buyers when they adopt secret warranty programs.

TRADE NAME

The official name of a business, the one it uses on its letterhead and bank account when not dealing with consumers.

ACCORD AND SATISFACTION

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collectin... (more...)

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collecting as much money as they can from debtors who cannot pay the full amount.

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.

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.

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Middle Island Bankruptcy & Debt Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Craig Robins

Joseph Mario Mauro

Robert J. Zysk

Melvyn Lewis Jacoby

Jane Marie Mclaughlin

John Joseph Gonzalez

Richard Andrew Jacoby

Christine Marie Schibani

Richard Andrew Jacoby

Mel Jacoby

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LEGAL TERMS

PRIORITY DEBT

GARNISHMENT

CREDIT INSURANCE

REDEMPTION

SECRET WARRANTY PROGRAM

TRADE NAME

ACCORD AND SATISFACTION

FAIR DEBT COLLECTIONS & PRACTICES ACT (FDCPA)

HOUSEHOLDER

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