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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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Daniel Schlanger

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Bankruptcy & Debt, Collection, Credit & Debt, Employee Rights

Daniel Schlanger is a partner at Kakalec & Schlanger, LLP, where he heads the firm's consumer practice. His practice focuses on representing victims o... (more)

CONTACT

212-500-6114

80 Broad Street, New York, NY 10004

David Blum

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

I graduated summa cum laude from the University of Miami where I clerked for the Hon. Edward Moore of the 11th Circuit Court and interned with the U... (more)

CONTACT

800-995-3530

30 Vesey Street, New York, NY 10007

Alan Julius Goldberg

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Accident & Injury, Bankruptcy & Debt, Real Estate, Landlord-Tenant

GOLDBERG & LINDENBERG, P.C. was founded in January 1981, by Alan J. Goldberg, Esq. The firm has continually grown and expanded into a full service ... (more)

FREE CONSULTATION

CONTACT

800-727-7301

6 East 45th Street, New York, NY 10017

Vivian Mortimer Williams

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Landlord-Tenant, Immigration, Criminal, Bankruptcy, Personal Injury

VMW LAW is a general service law firm in New York City which was founded in 2004. With a broad array of legal services, the firm is dynamic and very p... (more)

CONTACT

212-561-5312

733 3Rd Ave, New York, NY 10017

Christopher Pierre Anderson

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Estate Planning, Civil Rights, Business & Trade, Bankruptcy, Landlord-Tenant

Christopher Anderson is a practicing lawyer in the state of New York handling a variety of legal matters.

CONTACT

646-367-2907

1270 Avenue Of The Americas, New York, NY 10020

Richard A. Kraus

Identity Theft, Consumer Protection, Credit & Debt

Proudly taking Identity Theft; Consumer Protection; Credit & Debt; and Fair Credit Reporting Act cases out of New York, New York.

CONTACT

332-999-2995

60 E 42Nd St, New York, NY 10165

Joshua G. Losardo

Condominiums, Administrative Law, Credit & Debt, Bankruptcy

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CONTACT

270 Madison Avenue, New York, NY 10016

Dan Shaked

Estate Planning, Corporate, Credit & Debt, Bankruptcy

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FREE CONSULTATION

CONTACT

255 West 36Th Street, New York, NY 10018

Jamie B. Chapman

Foreclosure, Real Estate, Transactions, Bankruptcy

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CONTACT

270 Madison Avenue, New York, NY 10016

Michael J. Semack

Corporate, Banking & Finance, Bankruptcy Litigation, Bankruptcy

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CONTACT

40 Wall Street, New York, NY 10005

800-814-6700

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LEGAL TERMS

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.

FRATERNAL BENEFIT SOCIETY BENEFITS

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal socie... (more...)

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal societies that provide benefits. Also called benefit society, benevolent society or mutual aid association benefits. Under bankruptcy laws, these benefits are virtually always considered exempt property.

401(K) PLAN

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income ... (more...)

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income taxes on the amount invested and any earnings are due until the employee withdraws money from the fund.

FDCPA

See Fair Debt Collections & Practices Act.

NONDISCHARGEABLE DEBTS

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chap... (more...)

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chapter 13 bankruptcy, the nondischargeable debts will have to be paid in full during your plan or you will have a balance at the end of your case. Examples of nondischargeable debts include alimony and child support, most income tax debts, many student loans and debts for personal injury or death caused by drunk driving. Compare dischargeable debts.

DEBIT CARD

A card issued by a bank that combines the functions of an ATM card and checks. A debit card can be used to withdraw cash at a bank like an ATM card, and it can ... (more...)

A card issued by a bank that combines the functions of an ATM card and checks. A debit card can be used to withdraw cash at a bank like an ATM card, and it can also be used at stores to pay for goods and services in place of a check. Unlike a credit card, a debit card automatically withdraws money from your checking account at the time of the transaction. Debit cards are regulated by the Electronic Funds Transfer Act.

CREDIT BUREAU

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit... (more...)

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit card companies that use the information to screen applicants for loans and credit cards. There are three major credit bureaus, Equifax, Experian and Trans Union, and they are regulated by the federal Fair Credit Reporting Act.

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.

TRUTH IN LENDING ACT (TILA)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disc... (more...)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disclose the terms of a loan, including the total amount of the loan, the annual interest rate and the number, amount and due dates of all payments necessary to repay the loan. The TILA requires additional disclosures and places many restrictions on mortgages.

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New York County, NY Bankruptcy & Debt Lawyers

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Daniel Schlanger

David Blum

Alan Julius Goldberg

Vivian Mortimer Williams

Christopher Pierre Anderson

Richard A. Kraus

Joshua G. Losardo

Dan Shaked

Jamie B. Chapman

Michael J. Semack

TIPS

LEGAL TERMS

SUBROGATION

FRATERNAL BENEFIT SOCIETY BENEFITS

401(K) PLAN

FDCPA

NONDISCHARGEABLE DEBTS

DEBIT CARD

CREDIT BUREAU

PRIORITY DEBT

TRUTH IN LENDING ACT (TILA)

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