Sloatsburg 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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Rosemarie E. Matera

Litigation, Corporate, Business Organization, Bankruptcy, Bankruptcy & Debt

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FREE CONSULTATION

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664 Chestnut Ridge Road, Spring Valley, NY 10977

Allen Kolber

Business, Bankruptcy & Debt

Status:

CONTACT

134 Route 59, Suffern, NY 10901

Benjamin Michael Adams

Real Estate, Bankruptcy & Debt

Status:

CONTACT

98 Lafayette Ave, Suffern, NY 10901

Yecheskel Menashe

Bankruptcy & Debt

Status: Licensed: 21 Years

CONTACT

400 Rella Blvd, Suffern, NY 10901

Lawrence Albert Cline

Real Estate, Lawsuit & Dispute, Business, Bankruptcy & Debt

Status:

CONTACT

44 Lafayette Ave., Suffern, NY 10901

Steven M. Greco

Bankruptcy & Debt

Status: Licensed: 33 Years

CONTACT

4 Executive Blvd, Suffern, NY 10901

Marc I. Kissel

Bankruptcy & Debt

Status: Licensed: 34 Years

CONTACT

4 Executive Blvd, Suffern, NY 10901

Julian A. Schulman

Bankruptcy & Debt

Status: Licensed: 46 Years

CONTACT

Four Executive Blvd, Suffern, NY 10901

Michael Leslie Klein

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

Status: Licensed: 46 Years

CONTACT

2 Executive Blvd, Suffern, NY 10901

Arnold Philip Etelson

Real Estate, Estate, Bankruptcy & Debt

Status: Licensed: 63 Years

CONTACT

1 Executive Blvd, Suffern, NY 10901

800-814-6700

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LEGAL TERMS

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.

GRACE PERIOD

A period of time during which you are not required to make payments on a debt. For example, most credit cards give you a grace period of 20-30 days before you h... (more...)

A period of time during which you are not required to make payments on a debt. For example, most credit cards give you a grace period of 20-30 days before you have to pay interest on the amount of your purchases. Cash advances, however, usually have no grace period; interest begins to accumulate from the date of the withdrawal, even if you pay your bills on time. Also, some student loans give you a grace period after graduating or dropping out of school. During this time, you are not required to make payments on your loan.

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.

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.

GENERAL PARTNER

A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners), is personally liable for all the... (more...)

A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners), is personally liable for all the business's debts and obligations. A general partner's actions can legally bind the entire business. See also partnership, limited partnership.

REPOSSESSION

A creditor's taking property that has been pledged as collateral for a loan. Lenders will most often repossess cars when the owner has missed loan payments and ... (more...)

A creditor's taking property that has been pledged as collateral for a loan. Lenders will most often repossess cars when the owner has missed loan payments and has not attempted to work with the lender to resolve the problem. A repossessor can't use force to get at your car, but he can legally hot-wire it and even drive it out of your unlocked garage.

GUARANTEED RESERVATION

A hotel or rental car reservation secured by a credit card number. In exchange for your card number, the hotel or rental agency promises to have a room or vehic... (more...)

A hotel or rental car reservation secured by a credit card number. In exchange for your card number, the hotel or rental agency promises to have a room or vehicle for you no matter when you show up. If you have a guaranteed reservation with a hotel, it must provide you with a room, either at that hotel or at another comparable establishment. If you have a guaranteed reservation with a car agency, it must provide you with a vehicle. The downside of a guaranteed reservation is that if you don't show up and haven't cancelled your reservation, you will be billed for one night in the room or one day's use of the vehicle.

FAIR LABOR STANDARDS ACT (FLSA)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements ... (more...)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements for overtime and places restrictions on child labor.

NUISANCE FEES

Money charged by some credit card companies to increase their profits when you fail to use the card the way the creditor wants. Examples include late payment fe... (more...)

Money charged by some credit card companies to increase their profits when you fail to use the card the way the creditor wants. Examples include late payment fees, inactivity fees and fees for not carrying a balance from month to month. It's best to shop around and get rid of cards that have these fees attached.

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Sloatsburg Bankruptcy & Debt Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Rosemarie E. Matera

Allen Kolber

Benjamin Michael Adams

Yecheskel Menashe

Lawrence Albert Cline

Steven M. Greco

Marc I. Kissel

Julian A. Schulman

Michael Leslie Klein

Arnold Philip Etelson

TIPS

LEGAL TERMS

CHAPTER 7 BANKRUPTCY

GRACE PERIOD

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

DEBIT CARD

GENERAL PARTNER

REPOSSESSION

GUARANTEED RESERVATION

FAIR LABOR STANDARDS ACT (FLSA)

NUISANCE FEES

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