Rockville Centre 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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Elliot Scott Schlissel

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Divorce & Family Law, Criminal, Real Estate, Wills & Probate, Bankruptcy & Debt

I am available to help my clients 7 days a week.

The Law Offices of Schlissel DeCorpo is composed of attorneys and paralegals who are caring, dedicated professionals contributing experience and exper... (more)

FREE CONSULTATION

CONTACT

800-718-3171

479 Merrick Rd, Lynbrook, NY 11563

Alan Thomas Schmidlin

Collection, Condominiums, Conveyancing, Foreclosure

Status: In Good Standing

CONTACT

200 Garden City Plaza, Garden City, NY 11530

Gregory S. Lisi

Lawsuit & Dispute, Employee Rights, Employment, Administrative Law, Collection

Status: In Good Standing

FREE CONSULTATION

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333 Earle Ovington Blvd, Uniondale, NY 11553

Abraham Kleinman

Real Estate, Bankruptcy & Debt

Status: In Good Standing Licensed: 26 Years

CONTACT

626 Rxr Plaza, Uniondale, NY 11556

Ada Kozicz

Estate Planning, Employee Rights, Bankruptcy, Products Liability

Status: In Good Standing Licensed: 9 Years

CONTACT

926 Rxr Plz, Uniondale, NY 11556

Adam L. Rosen

Real Estate, Bankruptcy & Debt, Personal Injury

Status: In Good Standing Licensed: 29 Years

CONTACT

500 Merrick Rd, Rockville Centre, NY 11570

Adam Sinclair Kalb

Business, Bankruptcy & Debt

Status: In Good Standing Licensed: 32 Years

CONTACT

100 Garden City Plaza, Garden City, NY 11530

Adam D'Antonio

Lawsuit & Dispute, Criminal, Civil & Human Rights, Bankruptcy & Debt

Status: In Good Standing

CONTACT

1225 Franklin Ave, Garden City, NY 11530

Adam S. Kalb

Business, Bankruptcy & Debt

Status: In Good Standing

CONTACT

100 Garden City Plaza, Garden City, NY 11530

Adam Jon Fishbein

Bankruptcy & Debt

Status: In Good Standing Licensed: 31 Years

CONTACT

735 Central Ave, Woodmere, NY 11598

800-923-0641

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LEGAL TERMS

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.

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.

UNDUE HARDSHIP

The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in t... (more...)

The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in the future to pay off the loan may be able to show that repayment would be an undue hardship.

CREDITOR

A person or entity (such as a bank) to whom a debt is owed.

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.

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.

CCCS

See Consumer Credit Counseling Service.

401(K) PLAN

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income ... (more...)

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income taxes on the amount invested and any earnings are due until the employee withdraws money from the fund.

CREDIT INSURANCE

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay o... (more...)

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay off the remaining balance. Federal and state consumer protection laws require the lender to disclose to existing and potential borrowers the terms and costs of obtaining credit insurance because it can affect the terms of the loan.

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Rockville Centre Bankruptcy & Debt Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Elliot Scott Schlissel

Alan Thomas Schmidlin

Gregory S. Lisi

Abraham Kleinman

Ada Kozicz

Adam L. Rosen

Adam Sinclair Kalb

Adam D'Antonio

Adam S. Kalb

Adam Jon Fishbein

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LEGAL TERMS

BULK SALES LAW

TOXIC TORT

UNDUE HARDSHIP

CREDITOR

NO-FAULT INSURANCE

FAIR CREDIT REPORTING ACT (FCRA)

CCCS

401(K) PLAN

CREDIT INSURANCE

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