Rensselaerville 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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Alexander Powhida

Landlord-Tenant, Employment Discrimination, Child Custody, Bankruptcy

Status:

CONTACT

State St And Washington Ave, Albany, NY 12224

Alexis Elizabeth Kim

Litigation, Contract, Bankruptcy, Personal Injury

Status: Licensed: 9 Years

CONTACT

200 Great Oaks Blvd, Albany, NY 12203

Andrew Clayton Rose

Real Estate, Lawsuit & Dispute, Intellectual Property, Bankruptcy & Debt

Status: Licensed: 40 Years

CONTACT

677 Broadway, Albany, NY 12207

Anthony J Pietrafesa

Bankruptcy & Debt, Consumer Rights, Defect and Lemon Law, Deceptive Trade Practices, Landlord-Tenant

Status:

FREE CONSULTATION

CONTACT

1971 Western Av #181, Albany, NY 12203

Anthony Arcodia

Industry Specialties, Estate, Civil & Human Rights, Bankruptcy & Debt

Status: Licensed: 34 Years

CONTACT

1209 Troy Schenectady Rd, Latham, NY 12110

Bernhardt Karp

International, Estate, Collection

Status: Licensed: 61 Years

CONTACT

1 Hudson City Ctr, Hudson, NY 12534

Brendan J. Carosi

Lawsuit & Dispute, Bankruptcy & Debt

Status:

CONTACT

80 State St, Albany, NY 12207

Brett Daniel French

Education, Commercial Real Estate, Commercial Bankruptcy, Litigation

Status: Licensed: 9 Years

CONTACT

39 N Pearl St, Albany, NY 12207

Bruce Charles Bramley

Landlord-Tenant, Government, Criminal, Bankruptcy

Status: Licensed: 49 Years

CONTACT

230 Washington Avenue Ext, Albany, NY 12203

Cameron James Macdonald

Commercial Bankruptcy

Status: Licensed: 28 Years

CONTACT

69 State St, Albany, NY 12207

800-814-6700

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LEGAL TERMS

DEFINED CONTRIBUTION PLAN

A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount ... (more...)

A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount every month, or every year, for each employee. The employer usually pays a fixed percentage of an employee's wages or salary, although sometimes the amount is a fraction of the company's profits, with the size of each employee's pension share depending on the amount of wage or salary. Upon retirement, each employee's pension is determined by how much was contributed to the fund on behalf of that employee over the years, plus whatever earnings that money has accumulated as part of the investments of the entire pension fund.

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.

LIQUIDATING PARTNER

The member of an insolvent or dissolving partnership responsible for paying the debts and settling the accounts of the partnership.

TRADE NAME

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

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.

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.

REDEMPTION

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump s... (more...)

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump sum. For example, a debtor may redeem a car note by paying the lender the amount a retail vendor would charge for the car, considering its age and condition.

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.

DISCHARGEABLE DEBTS

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bill... (more...)

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bills and medical bills. Compare nondischargeable debts.

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Rensselaerville Bankruptcy & Debt Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Alexander Powhida

Alexis Elizabeth Kim

Andrew Clayton Rose

Anthony J Pietrafesa

Anthony Arcodia

Bernhardt Karp

Brendan J. Carosi

Brett Daniel French

Bruce Charles Bramley

Cameron James Macdonald

TIPS

LEGAL TERMS

DEFINED CONTRIBUTION PLAN

WINDING UP

LIQUIDATING PARTNER

TRADE NAME

TOXIC TORT

INTEREST

REDEMPTION

AUTOMATIC STAY

DISCHARGEABLE DEBTS

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