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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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Gregory S. Lisi

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

Status:

FREE CONSULTATION

CONTACT

333 Earle Ovington Blvd, Uniondale, NY 11553

Alan Jonathan Schwartz

Real Estate, Criminal, Collection, Accident & Injury

Status: Licensed: 44 Years

CONTACT

840 Franklin Ave, Garden City, NY 11530

Anthony J. Lopresti

Divorce, Child Custody, Child Support, Collection

Status:

CONTACT

585 Stewart Ave, Garden City, NY 11530

Anthony Michael Soscia

Other, Health Care, Employment, Collection

Status: Licensed: 51 Years

CONTACT

100 Quentin Roosevelt Blvd, Garden City, NY 11530

Brian Michael Seltzer

Professional Responsibility, Real Estate Other, Dispute Resolution, Collection

Status: Licensed: 61 Years

CONTACT

1305 Franklin Avenue, Garden City, NY 11530

Carol Eileen Ryder

Landlord-Tenant, Employee Rights, Collection, Car Accident

Status:

CONTACT

1225 Franklin Ave, Garden City, NY 11530

Courtney Lyn Kahoud

Litigation, Consumer Rights, Business, Collection

Status: Licensed: 12 Years

CONTACT

The Law Office of Courtney Kahoud, Merrick, NY 11566

Danny D. De Voe

Bankruptcy & Debt, Business, Collection, Estate

Status: Licensed: 19 Years

CONTACT

1325 Franklin Ave., Garden City, NY 11530

David Mark Muller

Collection, Bankruptcy

Status: Licensed: 8 Years

CONTACT

200 Garden City Plaza, Garden City, NY 11530

Deborah M. Gallo

Business, Collection

Status: Licensed: 30 Years

CONTACT

1325 Frank, Garden City, NY 11530

800-923-0641

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LEGAL TERMS

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.

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.

WORKOUT

A debtor's plan to take care of a debt, by paying it off or through loan forgiveness. Workouts are often created to avoid bankruptcy or foreclosure proceedings.

REAFFIRMATION

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing deb... (more...)

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing debt after the bankruptcy case is over. For instance, a debtor might make a reaffirmation agreement with the holder of a car note that the debtor can keep the car and must continue to pay the debt after bankruptcy.

TRADE DRESS

The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape... (more...)

The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape of Frangelico liqueur bottles. Trade dress can be protected under trademark law if a showing can be made that the average consumer would likely be confused as to product origin if another product were allowed to appear in similar dress.

CREDIT REPORT

An account of your credit history, prepared by a credit bureau. A credit report will contain both credit history, such as what you owe to whom and whether you m... (more...)

An account of your credit history, prepared by a credit bureau. A credit report will contain both credit history, such as what you owe to whom and whether you make the payments on time, as well as personal history, such as your former addresses, employment record and lawsuits in which you have been involved. An estimated 50% of all credit reports contain errors, such as accounts that don't belong to you, an incorrect account status or information reported that is older than seven years (ten years in the case of a bankruptcy).

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.

BANKRUPTCY TRUSTEE

A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is t... (more...)

A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is to gather the debtor's nonexempt property, liquidate it and distribute it proportionally to her creditors. In a Chapter 13 case, the trustee's role is to receive the debtor's monthly payments and distribute them proportionally to her creditors.

DEBIT CARD

A card issued by a bank that combines the functions of an ATM card and checks. A debit card can be used to withdraw cash at a bank like an ATM card, and it can ... (more...)

A card issued by a bank that combines the functions of an ATM card and checks. A debit card can be used to withdraw cash at a bank like an ATM card, and it can also be used at stores to pay for goods and services in place of a check. Unlike a credit card, a debit card automatically withdraws money from your checking account at the time of the transaction. Debit cards are regulated by the Electronic Funds Transfer Act.

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Rockville Centre Collection Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Gregory S. Lisi

Alan Jonathan Schwartz

Anthony J. Lopresti

Anthony Michael Soscia

Brian Michael Seltzer

Carol Eileen Ryder

Courtney Lyn Kahoud

Danny D. De Voe

David Mark Muller

Deborah M. Gallo

TIPS

LEGAL TERMS

SUBROGATION

AUTOMATIC STAY

WORKOUT

REAFFIRMATION

TRADE DRESS

CREDIT REPORT

CHAPTER 13 PLAN

BANKRUPTCY TRUSTEE

DEBIT CARD

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