Parishville 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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Not enough matches for Parishville Bankruptcy & Debt lawyer.
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Patrick Cappello

Real Estate, Divorce & Family Law, Business, Accident & Injury

Status: In Good Standing Licensed: 14 Years

CONTACT

76 Market St, Potsdam, NY 13676

Francis Peter Cappello

Real Estate, Estate, Business

Status: In Good Standing Licensed: 52 Years

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76 Market St, Potsdam, NY 13676

Patrick Joseph Cappello

General Practice

Status: In Good Standing Licensed: 14 Years

CONTACT

76 Market St, Potsdam, NY 13676

Richard Vincent Manning

Lawsuit & Dispute, Criminal

Status: In Good Standing Licensed: 55 Years

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Parishville, NY 13672

Joseph Timothy Welch

General Practice

Status: In Good Standing Licensed: 26 Years

CONTACT

Potsdam, NY 13676

Jane Sarah Garland

Divorce

Status: In Good Standing Licensed: 25 Years

CONTACT

Potsdam, NY 13676

Thomas Blevins Wheeler

General Practice

Status: In Good Standing Licensed: 50 Years

CONTACT

Potsdam, NY 13676

Verner Merritt Ingram

Family Law, Adoption, Divorce & Family Law, Criminal

Status: In Good Standing Licensed: 55 Years

CONTACT

Potsdam, NY 13676

Benjamin George Johns

General Practice

Status: In Good Standing Licensed: 17 Years

CONTACT

200 Market St, Potsdam, NY 13676

David Burgess Acker

General Practice

Status: In Good Standing Licensed: 46 Years

CONTACT

50 Leroy St, Potsdam, NY 13676

800-923-0641

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LEGAL TERMS

IRS EXPENSES

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income mu... (more...)

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income must use the IRS expenses to calculate their average net income in a Chapter 7 case, or their disposable income in a Chapter 13 case.

DISCHARGE (OF DEBTS)

A bankruptcy court's erasure of the debts of a person or business that has filed for bankruptcy.

LIEN

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortg... (more...)

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortgages, home equity loans, car loans and personal loans for which you pledge property to guarantee repayment. Liens created without your consent are called nonconsensual liens, and include judgment liens (liens filed by a creditor who has sued you and obtained a judgment), tax liens and mechanics liens (liens filed by a contractor who worked on your house but wasn't paid).

BANKRUPTCY

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are ... (more...)

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are two types of bankruptcies -- liquidation, in which your debts are wiped out (discharged) and reorganization, in which you provide the court with a plan for how you intend to repay your debts. For both consumers and business, liquidation bankruptcy is called Chapter 7. For consumers, reorganization bankruptcy is called Chapter 13. Reorganization bankruptcy for consumers with an extraordinary amount of debt and for businesses is called Chapter 11. Reorganization bankruptcy for family farmers is called Chapter 12.

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.

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.

ACCORD AND SATISFACTION

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collectin... (more...)

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collecting as much money as they can from debtors who cannot pay the full amount.

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.

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.

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Parishville Bankruptcy & Debt Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Patrick Cappello

Francis Peter Cappello

Patrick Joseph Cappello

Richard Vincent Manning

Joseph Timothy Welch

Jane Sarah Garland

Thomas Blevins Wheeler

Verner Merritt Ingram

Benjamin George Johns

David Burgess Acker

TIPS

LEGAL TERMS

IRS EXPENSES

DISCHARGE (OF DEBTS)

LIEN

BANKRUPTCY

PRIORITY DEBT

FRATERNAL BENEFIT SOCIETY BENEFITS

ACCORD AND SATISFACTION

WINDING UP

SECRET WARRANTY PROGRAM

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