Stony Brook 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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Andre Nicholas Poulis

Insurance, Personal Injury, Commercial Bankruptcy

Status:

FREE CONSULTATION

CONTACT

50 Route 111, Smithtown, NY 11787

Kevin Alan Seaman

Industry Specialties, Business, Bankruptcy & Debt

Status: Licensed: 51 Years

CONTACT

Stony Brook, NY 11790

Maria Christine Ambrosio

Immigration, Family Law, Consumer Rights, Collection

Status: Licensed: 38 Years

CONTACT

21 Annandale Rd, Stony Brook, NY 11790

Aida Saba Cavooris

Civil Rights, International Tax, Bankruptcy, Contract, Personal Injury

Status: Licensed: 24 Years

CONTACT

100 S Jersey Ave, East Setauket, NY 11733

Anneris Marlene Pena

Divorce & Family Law, Criminal, Bankruptcy & Debt

Status: Licensed: 27 Years

CONTACT

East Setauket, NY 11733

Melissa Corwin

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

Status: Licensed: 22 Years

CONTACT

East Setauket, NY 11733

Charles Jeffery Gleis

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

Status: Licensed: 17 Years

CONTACT

551 Route 25A, Saint James, NY 11780

Rosemarie Bruno

Lawsuit & Dispute, Divorce & Family Law, Bankruptcy

Status:

CONTACT

3771 Nesconset Hwy, Centereach, NY 11720

James Peter Deana

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

Status: Licensed: 23 Years

CONTACT

47 Route 25A, East Setauket, NY 11733

Brian Morris

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

Status: Licensed: 20 Years

CONTACT

2233 Nesconset Hwy, Lake Grove, NY 11755

800-814-6700

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LEGAL TERMS

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.

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.

COSIGNER

A person who signs his or her name to a loan agreement, lease or credit application. If the primary debtor does not pay, the cosigner is fully responsible for t... (more...)

A person who signs his or her name to a loan agreement, lease or credit application. If the primary debtor does not pay, the cosigner is fully responsible for the loan or debt. Many people use cosigners to qualify for a loan or credit card. Landlords may require a cosigner when renting to a student or someone with a poor credit history.

LIMITED LIABILITY

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or ... (more...)

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or a person who invests in a corporation (a shareholder) generally stands to lose only the amount of money invested in the business. This means that if the business folds, creditors cannot seize or sell an owner's home, car, or other personal assets.

CCCS

See Consumer Credit Counseling Service.

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.

TOXIC TORT

A personal injury caused by exposure to a toxic substance, such as asbestos or hazardous waste. Victims can sue for medical expenses, lost wages and pain and su... (more...)

A personal injury caused by exposure to a toxic substance, such as asbestos or hazardous waste. Victims can sue for medical expenses, lost wages and pain and suffering.

PREFERENCE

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commer... (more...)

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commercial creditors) and within one year for insider creditors (friends, family members, and business associates). Because a preference gives the creditor who received the payment an edge over other creditors in the bankruptcy case, the trustee can recover the preference (the amount of the payment) and distribute it among all of the creditors.

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Stony Brook Bankruptcy & Debt Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Andre Nicholas Poulis

Kevin Alan Seaman

Maria Christine Ambrosio

Aida Saba Cavooris

Anneris Marlene Pena

Melissa Corwin

Charles Jeffery Gleis

Rosemarie Bruno

James Peter Deana

Brian Morris

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LEGAL TERMS

DOING BUSINESS AS (DBA)

SECRET WARRANTY PROGRAM

COSIGNER

LIMITED LIABILITY

CCCS

BULK SALES LAW

DISCHARGEABLE DEBTS

TOXIC TORT

PREFERENCE

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