Smyrna Bankruptcy & Debt Lawyer, New York, page 2

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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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J.K. Hage

Communication & Media Law, Family Law, Corporate, Reorganization

Status: In Good Standing

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283 Genesee Street, Utica, NY 13501

Theodore L. Araujo

Real Estate, Bankruptcy & Debt

Status: In Good Standing Licensed: 39 Years

FREE CONSULTATION

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6739 Myers Road, EAST SYRACUSE, NY 13057

Richard G. Reilly

Bankruptcy & Debt, Divorce & Family Law, Real Estate, Tax, US Courts

Status: In Good Standing Licensed: 44 Years

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6320 fly road, East Syracuse, NY 13057

Steven Richard Dolson

Administrative Law, Bankruptcy, Environmental Law, Consumer Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

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6320 Fly Rd, East Syracuse, NY 13057

Lindy Madill

Bankruptcy, Credit & Debt

Status: In Good Standing

FREE CONSULTATION

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499 S. Warren Street, Syracuse, NY 13202

Joel N. Melnicoff

Social Security -- Disability, Collection, Banking & Finance, Wills & Probate

Status: In Good Standing Licensed: 60 Years

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622 University Ave, Syracuse, NY 13210

Susan N. Esce

Power of Attorney, Traffic, Dispute Resolution, Bankruptcy & Debt

Status: In Good Standing

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10 Adler Drive, East Syracuse, NY 13057

F Paul Vellano

Commercial Real Estate, Transactions, Banking & Finance, Credit & Debt

Status: In Good Standing

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125 E Jefferson St, Syracuse, NY 13202

Steven Richard Dolson

Bankruptcy, Social Security, Disability, Bankruptcy

Status: In Good Standing

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126 N Salina St, Syracuse, NY 13202

Jennifer M. S. Byrne

Real Estate, Credit & Debt, Bankruptcy & Debt

Status: In Good Standing Licensed: 41 Years

CONTACT

300 South State Street, Syracuse, NY 13202

800-923-0641

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LEGAL TERMS

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.

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

A national non-profit agency that, at no cost, helps debtors plan budgets and repay their debts. One major criticism of CCCS is that each office is primarily fu... (more...)

A national non-profit agency that, at no cost, helps debtors plan budgets and repay their debts. One major criticism of CCCS is that each office is primarily funded by voluntary donations from the creditors that receive payments from debtors repaying their debts through that office. Despite this criticism, most CCCS counselors provide clients with thorough and neutral advice.

GUARANTOR

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. T... (more...)

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. The guarantor gives a 'guaranty,' which is an assurance that the debt or other obligation will be fulfilled.

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.

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.

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.

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.

NUISANCE FEES

Money charged by some credit card companies to increase their profits when you fail to use the card the way the creditor wants. Examples include late payment fe... (more...)

Money charged by some credit card companies to increase their profits when you fail to use the card the way the creditor wants. Examples include late payment fees, inactivity fees and fees for not carrying a balance from month to month. It's best to shop around and get rid of cards that have these fees attached.

LIQUIDATING PARTNER

The member of an insolvent or dissolving partnership responsible for paying the debts and settling the accounts of the partnership.

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Smyrna Bankruptcy & Debt Lawyer, New York, page 2

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

J.K. Hage

Theodore L. Araujo

Richard G. Reilly

Steven Richard Dolson

Lindy Madill

Joel N. Melnicoff

Susan N. Esce

F Paul Vellano

Steven Richard Dolson

Jennifer M. S. Byrne

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LEGAL TERMS

REPOSSESSION

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

GUARANTOR

HOUSEHOLDER

BULK SALES LAW

DISCHARGEABLE DEBTS

PRIORITY DEBT

NUISANCE FEES

LIQUIDATING PARTNER

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