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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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Includes: Bankruptcy Litigation, Commercial Bankruptcy, Consumer Bankruptcy, Dissolution

Robert Jeremy Nahoum

Landlord-Tenant, Lawsuit & Dispute, Consumer Rights, Consumer Bankruptcy

Status: In Good Standing Licensed: 23 Years

CONTACT

48 Burd Street, Nyack, NY 10960

Robert Stuart Lewis

Bankruptcy

Status: In Good Standing Licensed: 38 Years

CONTACT

53 Burd St, Nyack, NY 10960

Robert P. Lewis

Industry Specialties, Business, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 56 Years

CONTACT

194 Hook Mountain Ln, Nyack, NY 10960

David Whittaker Stever

Accident & Injury, Bankruptcy, Employment, Estate, Real Estate

Status: In Good Standing Licensed: 9 Years

CONTACT

157 Millard Ave, Tarrytown, NY 10591

David Sheridan Waltzer

Litigation, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 22 Years

CONTACT

1 Central Ave, Tarrytown, NY 10591

John Vaughn Trop

Bankruptcy

Status: In Good Standing Licensed: 37 Years

CONTACT

120 White Plains Rd, Tarrytown, NY 10591

Zachary William Fallstich

Commercial Real Estate, Electronic Commerce, Bankruptcy

Status: In Good Standing Licensed: 17 Years

CONTACT

711 Executive Blvd, Valley Cottage, NY 10989

Natasha Chantel Meruelo

Real Estate, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

CONTACT

303 S Broadway, Tarrytown, NY 10591

Natasha Meruelo

Bankruptcy

Status: In Good Standing Licensed: 17 Years

CONTACT

303 S Broadway, Tarrytown, NY 10591

Thomas Moed Geiger

Wills & Probate, Family Law, Bankruptcy, Car Accident

Status: In Good Standing Licensed: 54 Years

CONTACT

220 White Plains Rd, Tarrytown, NY 10591

800-923-0641

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LEGAL TERMS

COLLECTION AGENCY

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the d... (more...)

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the debt themselves, typically through letters (called 'dunning' letters) and telephone calls. Collection agencies are regulated by the federal Fair Debt Collection Practices Act. Unfortunately, too many collectors ignore this law.

FDCPA

See Fair Debt Collections & Practices Act.

CCCS

See Consumer Credit Counseling Service.

CYBERSQUATTING

Buying a domain name that reflects the name of a business or famous person with the intent of selling the name back to the business or celebrity for a profit. T... (more...)

Buying a domain name that reflects the name of a business or famous person with the intent of selling the name back to the business or celebrity for a profit. The Anticybersquatting Consumer Protection Act of 1999 authorizes a cybersquatting victim to file a federal lawsuit to regain a domain name or sue for financial compensation. Under the act, registering, selling or using a domain name with the intent to profit from someone else's good name is considered cybersquatting. Victims of cybersquatting can also use the provisions of the Uniform Domain Name Dispute Resolution Policy adopted by ICANN, an international tribunal administering domain names. This international policy results in arbitration of the dispute, not litigation.

FAIR CREDIT REPORTING ACT (FCRA)

A federal law that is designed to prevent inaccurate or obsolete information from entering or remaining in a credit report. The law requires credit bureaus to a... (more...)

A federal law that is designed to prevent inaccurate or obsolete information from entering or remaining in a credit report. The law requires credit bureaus to adopt reasonable procedures for gathering, maintaining and disseminating information and bars credit bureaus from reporting negative information that is older than seven years, except a bankruptcy, which may be reported for ten. If you notify a credit bureau of an error in your credit report, the FCRA requires the bureau to investigate your allegations within 30 days, review all information you provide, remove inaccurate and unverified information and adopt procedures to keep the information from reappearing. In addition, the law requires that creditors refrain from reporting incorrect information to credit bureaus.

CHAPTER 13 BANKRUPTCY

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your inc... (more...)

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your income to pay all or a portion of the debts over three to five years. The minimum amount you must pay is roughly equal to the value of your nonexempt property. In addition, you must pledge your disposable net income -- after subtracting reasonable expenses -- for the period during which you are making payments. At the end of the three-to five-year period, the balance of what you owe on most debts is erased.

FCRA

See Fair Credit Reporting Act.

PRESUMED ABUSE

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means te... (more...)

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means test, the court will presume that the debtor has sufficient income to fund a Chapter 13 plan. In this situation, the debtor will not be allowed to proceed with a Chapter 7 bankruptcy unless the debtor can prove that he or she is not abusing the Chapter 7 bankruptcy remedy.

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.

SAMPLE LEGAL CASES

Barranco v. Cabrini Medical Center

... Department. Decided April 1, 2008. Concur â€” Gonzalez, JP, Williams, Catterson and Moskowitz, JJ. On or about February 21, 2001, plaintiff filed a petition in the United States Bankruptcy Court for the District of New Jersey. Some ...

Insurance Co. v. HSBC BANK USA

... We are asked in this case to decide whether a Bankruptcy Court order allowing a creditor to seize a debtor's bank account is entitled to res judicata effect in a subsequent state proceeding alleging that a portion of the funds in the account were state tax proceeds that should not ...

White v. Mazella-White

... which was to vacate the aforesaid inquest be made part of this judgment; and it is further," and (3) by deleting the fifth decretal paragraph thereof awarding the defendant the principal sum of $85,000 in equitable distribution payable to the defendant's trustee in bankruptcy; as so ...

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Nyack Bankruptcy Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Robert Jeremy Nahoum

Robert Stuart Lewis

Robert P. Lewis

David Whittaker Stever

David Sheridan Waltzer

John Vaughn Trop

Zachary William Fallstich

Natasha Chantel Meruelo

Natasha Meruelo

Thomas Moed Geiger

TIPS

LEGAL TERMS

COLLECTION AGENCY

FDCPA

CCCS

CYBERSQUATTING

FAIR CREDIT REPORTING ACT (FCRA)

CHAPTER 13 BANKRUPTCY

FCRA

PRESUMED ABUSE

TOXIC TORT

SAMPLE LEGAL CASES

Barranco v. Cabrini Medical Center

Insurance Co. v. HSBC BANK USA

White v. Mazella-White

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