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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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James G. Yastion

Corporate, Collection, Complex Litigation, Credit & Debt

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10 Matthews Street, Goshen, NY 10924

Robert J. Buonomo

Bankruptcy, Business Organization, Insurance, Litigation

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1997 State Route 17M, Goshen, NY 10924

Brian Christopher Fetzko

Criminal, Real Estate, Traffic, Bankruptcy, Bankruptcy & Debt

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12 Evergreen Dr, Middletown, NY 10940

Bruce Perlmutter

Government, Divorce & Family Law, Business, Bankruptcy & Debt

Status: Licensed: 51 Years

CONTACT

51 Broadway, Woodridge, NY 12789

Christopher Paul Borek

DUI-DWI, Bankruptcy

Status: Licensed: 35 Years

CONTACT

255-275 Main St, Goshen, NY 10924

Darren Harrel Fairlie

Lawsuit & Dispute, Family Law, Business, Bankruptcy & Debt

Status: Licensed: 19 Years

CONTACT

30 Park Pl, Goshen, NY 10924

David Alexander Maho

Divorce & Family Law, Criminal, Bankruptcy & Debt, Accident & Injury

Status: Licensed: 28 Years

CONTACT

Woodridge, NY 12789

David Jon Doyaga

Consumer Bankruptcy, Bankruptcy

Status: Licensed: 20 Years

CONTACT

280 Route 211 E, Middletown, NY 10940

David John Galalis

Other, Lawsuit & Dispute, Government, Bankruptcy & Debt

Status: Licensed: 20 Years

CONTACT

414 Broadway, Monticello, NY 12701

Douglas Michael Jones

Real Estate, Litigation, Medicare & Medicaid, Business, Bankruptcy & Debt

Status: Licensed: 34 Years

CONTACT

2 N Main St, Florida, NY 10921

800-814-6700

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LEGAL TERMS

COSIGNER

A person who signs his or her name to a loan agreement, lease or credit application. If the primary debtor does not pay, the cosigner is fully responsible for t... (more...)

A person who signs his or her name to a loan agreement, lease or credit application. If the primary debtor does not pay, the cosigner is fully responsible for the loan or debt. Many people use cosigners to qualify for a loan or credit card. Landlords may require a cosigner when renting to a student or someone with a poor credit history.

FDCPA

See Fair Debt Collections & Practices Act.

CHAPTER 13 PLAN

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to ... (more...)

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to pay all mandatory debts -- for example, back child support, taxes, and mortgage arrearages -- as well as some or all unsecured, nonpriority debts, such as medical and credit card bills.

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.

DEBT COLLECTOR

A person who works in the in-house collections department of an original creditor or a collection agency to track down debtors and get them to pay what they owe... (more...)

A person who works in the in-house collections department of an original creditor or a collection agency to track down debtors and get them to pay what they owe. Debt collectors can be relentless, often using scare tactics, humiliation and repeated phone calls to extract payments or promises to pay.

CHAPTER 7 BANKRUPTCY

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 b... (more...)

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 bankruptcy takes from three to six months, costs about $200, and commonly requires only one trip to the courthouse.

CREDIT BUREAU

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit... (more...)

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit card companies that use the information to screen applicants for loans and credit cards. There are three major credit bureaus, Equifax, Experian and Trans Union, and they are regulated by the federal Fair Credit Reporting Act.

FAIR CREDIT BILLING ACT (FCBA)

A federal law that gives you rights when an error occurs on your credit card statement. You must notify the credit card company of the mistake within 60 days af... (more...)

A federal law that gives you rights when an error occurs on your credit card statement. You must notify the credit card company of the mistake within 60 days after it mailed the bill to you. The company must then correct the mistake, or at least acknowledge receipt of your letter within 30 days, and must correct the error within 90 days or explain why it believes the credit card statement is correct.

DISCHARGE (OF DEBTS)

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

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Rock Hill Bankruptcy & Debt Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

James G. Yastion

Robert J. Buonomo

Brian Christopher Fetzko

Bruce Perlmutter

Christopher Paul Borek

Darren Harrel Fairlie

David Alexander Maho

David Jon Doyaga

David John Galalis

Douglas Michael Jones

TIPS

LEGAL TERMS

COSIGNER

FDCPA

CHAPTER 13 PLAN

BULK SALES LAW

DEBT COLLECTOR

CHAPTER 7 BANKRUPTCY

CREDIT BUREAU

FAIR CREDIT BILLING ACT (FCBA)

DISCHARGE (OF DEBTS)

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