Westchester County, NY Bankruptcy & Debt Lawyers, page 4

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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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Richard David Bemporad

Litigation, Lawsuit & Dispute, Family Law, Commercial Bankruptcy

Status: In Good Standing Licensed: 49 Years

CONTACT

1 N Lexington Ave, White Plains, NY 10601

Robert Irving Rednick

Federal Appellate Practice, Credit & Debt, Commercial Real Estate

Status: Inactive Licensed: 67 Years

CONTACT

125 N Main St, Port Chester, NY 10573

Bruce Bronson

Sales & Use Tax, Litigation, Business, Bankruptcy

Status: In Good Standing

CONTACT

600 Mamaroneck Avenue, Harrison, NY 10528

Lauren Gottfried

Litigation, Lawsuit & Dispute, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 36 Years

CONTACT

2005 Palmer Ave, Larchmont, NY 10538

Richard Donald Helfman

Housing & Urban Development, Commercial Real Estate, Construction, Commercial Bankruptcy

Status: In Good Standing Licensed: 58 Years

CONTACT

140 Grand St, White Plains, NY 10601

Ron Baskin

Real Estate, Bankruptcy & Debt

Status: In Good Standing Licensed: 18 Years

CONTACT

1 Barker Ave, White Plains, NY 10601

Barry L. Mendelson

Corporate, Litigation, Collection, Real Estate

Status: In Good Standing

CONTACT

One Water Street, White Plains, NY 10601

800-923-0641

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LEGAL TERMS

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.

CCCS

See Consumer Credit Counseling Service.

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.

SUBROGATION

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off i... (more...)

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off its injured claimant takes the legal rights the claimant has against a third party that caused the injury, and sues that third party.

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.

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.

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.

TRADE NAME

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

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.

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Westchester County, NY Bankruptcy & Debt Lawyers, page 4

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Richard David Bemporad

Robert Irving Rednick

Bruce Bronson

Lauren Gottfried

Richard Donald Helfman

Ron Baskin

Barry L. Mendelson

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LEGAL TERMS

COSIGNER

CCCS

GARNISHMENT

SUBROGATION

LIMITED LIABILITY

CREDIT INSURANCE

DOING BUSINESS AS (DBA)

TRADE NAME

C CORPORATION

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