North Evans Workout 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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Below are all North Evans Bankruptcy & Debt lawyers.

Michael Joseph Montesano

Real Estate, Estate, Environmental Law, Bankruptcy & Debt

Status: In Good Standing Licensed: 35 Years

CONTACT

38 Lake St, Hamburg, NY 14075

Richard James Friedman

Divorce, Divorce & Family Law, Securities, Bankruptcy

Status: In Good Standing Licensed: 17 Years

CONTACT

202 Main St, Hamburg, NY 14075

Lee Jason Fabiatos

Workers' Compensation, Securities, Bankruptcy, Medical Malpractice

Status: In Good Standing Licensed: 11 Years

CONTACT

202 Main St, Hamburg, NY 14075

James Monroe Shaw

International, Divorce & Family Law, Bankruptcy & Debt

Status: In Good Standing Licensed: 50 Years

CONTACT

4819 S Park Ave, Hamburg, NY 14075

Thomas Michael Ansuini

Other, Industry Specialties, Business, Bankruptcy & Debt

Status: In Good Standing Licensed: 51 Years

CONTACT

4819 S Park Ave, Hamburg, NY 14075

Michael Lawrence Schwartz

Bankruptcy

Status: In Good Standing

CONTACT

Hamburg, NY 14075

Dennis Charles Gaughan

Real Estate, Estate, Criminal, Bankruptcy & Debt

Status: In Good Standing

CONTACT

6161 S Park Ave, Hamburg, NY 14075

Salvatore Richard Martoche

Tax, Real Estate, Business, Bankruptcy & Debt

Status: In Good Standing Licensed: 56 Years

CONTACT

5315 Oakridge Dr, Hamburg, NY 14075

Frank John Jacobson

Bankruptcy & Debt

Status: In Good Standing Licensed: 26 Years

CONTACT

101 Slade Avenue, Buffalo, NY 14224

Matthew B. Herdzik

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

Status: In Good Standing Licensed: 45 Years

CONTACT

3700 Seneca St, Buffalo, NY 14224

800-923-0641

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LEGAL TERMS

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.

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.

LOSS DAMAGE WAIVER (LDW)

Rental car insurance that makes the rental car company responsible for damage to or theft of a rental car. This insurance is a major consumer ripoff, as it ofte... (more...)

Rental car insurance that makes the rental car company responsible for damage to or theft of a rental car. This insurance is a major consumer ripoff, as it often duplicates coverage provided by the renter's regular car insurance and/or the credit card she uses to rent the car. Nevertheless, hard-sell practices by rental car agents often dupe people into buying LDWs they don't really need. LDW is also called 'collision damage waiver.'

AUTOMATIC STAY

An injunction automatically issued by the bankruptcy court when a debtor files for bankruptcy. The automatic stay prohibits most creditor collection activities,... (more...)

An injunction automatically issued by the bankruptcy court when a debtor files for bankruptcy. The automatic stay prohibits most creditor collection activities, such as filing or continuing lawsuits, making written requests for payment, or notifying credit reporting bureaus of an unpaid debt.

REAFFIRMATION

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing deb... (more...)

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing debt after the bankruptcy case is over. For instance, a debtor might make a reaffirmation agreement with the holder of a car note that the debtor can keep the car and must continue to pay the debt after bankruptcy.

WINDING UP

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, a... (more...)

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, all with the ultimate goal of liquidating or closing down a corporation or partnership.

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.

INTEREST

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to ... (more...)

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to your balance. This means that if your loan or credit line has an interest rate of 8%, the holder adds 8% to the balance each year. More specifically, interest is calculated and added to your loan or credit line through a process called compounding. If interest is compounded daily, the balance will rise by 1/365th of 8% each day. If interest is compounded monthly, the balance will rise 1/12th of 8% at the start of each month.

CREDIT REPORT

An account of your credit history, prepared by a credit bureau. A credit report will contain both credit history, such as what you owe to whom and whether you m... (more...)

An account of your credit history, prepared by a credit bureau. A credit report will contain both credit history, such as what you owe to whom and whether you make the payments on time, as well as personal history, such as your former addresses, employment record and lawsuits in which you have been involved. An estimated 50% of all credit reports contain errors, such as accounts that don't belong to you, an incorrect account status or information reported that is older than seven years (ten years in the case of a bankruptcy).

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North Evans Workout Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Michael Joseph Montesano

Richard James Friedman

Lee Jason Fabiatos

James Monroe Shaw

Thomas Michael Ansuini

Michael Lawrence Schwartz

Dennis Charles Gaughan

Salvatore Richard Martoche

Frank John Jacobson

Matthew B. Herdzik

TIPS

LEGAL TERMS

NONDISCHARGEABLE DEBTS

DOING BUSINESS AS (DBA)

LOSS DAMAGE WAIVER (LDW)

AUTOMATIC STAY

REAFFIRMATION

WINDING UP

PREFERENCE

INTEREST

CREDIT REPORT

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