Raquette Lake Bankruptcy & Debt Lawyer, New York, page 2

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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 Raquette Lake Bankruptcy & Debt lawyer.
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Michael Bain

General Practice

Status: Suspended Licensed: 35 Years

CONTACT

12 Bonnieview Way, Long Lake, NY 12847

Michael Richard Petitpas

General Practice

Status: In Good Standing Licensed: 24 Years

CONTACT

Long Lake, NY 12847

Paul Harald Roalsvig

Land Use & Zoning, Motor Vehicle, Divorce & Family Law, DUI-DWI

Status: In Good Standing

CONTACT

8569 Newcomb Rd, Long Lake, NY 12847

Richard M. Baumeister

General Practice

Status: Retired Licensed: 46 Years

CONTACT

Inlet, NY 13360

Richard M. Baumeister

General Practice

Status: In Good Standing Licensed: 54 Years

CONTACT

Inlet, NY 13360

Richard M. Baumeister

General Practice

Status: In Good Standing Licensed: 54 Years

CONTACT

Inlet, NY 13360

Robert M. Lustberg

Power of Attorney, Real Estate, Traffic, Lawsuit & Dispute

Status: In Good Standing Licensed: 46 Years

CONTACT

177 Tarbell Hill Ln, Long Lake, NY 12847

Ross Vandenbergh

General Practice

Status: Retired Licensed: 55 Years

CONTACT

Rte 28N, Long Lake, NY 12847

S Peter Feldstein

General Practice

Status: In Good Standing Licensed: 47 Years

CONTACT

Hamilton County Court Chambers, Indian Lake, NY 12842

Tatiana Newidomy Coffinger

General Practice

Status: In Good Standing Licensed: 24 Years

CONTACT

139 White Birch Ln, Indian Lake, NY 12842

800-923-0641

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LEGAL TERMS

FCRA

See Fair Credit Reporting Act.

DISCHARGE (OF DEBTS)

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

BULK SALES LAW

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to ... (more...)

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to conduct a bulk sale of business assets -- that is, get rid of an unusually large amount of inventory, merchandise or equipment -- the business owner must typically publish a notice of the sale and give written notice to creditors. Then, the owner must set up an account to hold the funds from the sale for a brief period of time during which creditors may make claims against the money. The prohibition against bulk sales is spelled out in the Uniform Commercial Code -- and laws modeled on the UCC have been generally adopted throughout the country.

NO-FAULT INSURANCE

Car insurance laws that require the insurance companies of each person in an accident to pay for medical bills and lost wages of their insured, up to a certain ... (more...)

Car insurance laws that require the insurance companies of each person in an accident to pay for medical bills and lost wages of their insured, up to a certain amount, regardless of who was at fault. The effect of no-fault insurance laws is to eliminate lawsuits in small accidents. The advantage is the prompt payment of medical bills and expenses. The downsides are that the amounts paid by no-fault policies are often not enough to fully cover a person's losses and that no-fault does not compensate for pain and suffering.

TRADE NAME

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

S CORPORATION

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status fro... (more...)

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status from the Internal Revenue Service. Electing to do business as an S corporation lets shareholders enjoy limited liability status, as would be true of any corporation, but be taxed like a partnership or sole proprietor. That is, instead of being taxed as a separate entity (as would be the case with a regular or C corporation) an S corporation is a pass-through tax entity: income taxes are reported and paid by the shareholders, not the S corporation. To qualify as an S corporation a number of IRS rules must be met, such as a limit of 75 shareholders and citizenship requirements.

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemp... (more...)

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemptible because it has been damaged or destroyed.

ADMINISTRATIVE EXPENSES

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Admi... (more...)

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Administrative costs are typically 10% of the debtor's total payments under the plan.

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.

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Raquette Lake Bankruptcy & Debt Lawyer, New York, page 2

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Michael Bain

Michael Richard Petitpas

Paul Harald Roalsvig

Richard M. Baumeister

Richard M. Baumeister

Richard M. Baumeister

Robert M. Lustberg

Ross Vandenbergh

S Peter Feldstein

Tatiana Newidomy Coffinger

TIPS

LEGAL TERMS

FCRA

DISCHARGE (OF DEBTS)

BULK SALES LAW

NO-FAULT INSURANCE

TRADE NAME

S CORPORATION

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

ADMINISTRATIVE EXPENSES

SUBROGATION

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