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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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Vivian Mortimer Williams

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Landlord-Tenant, Immigration, Criminal, Bankruptcy, Personal Injury

VMW LAW is a general service law firm in New York City which was founded in 2004. With a broad array of legal services, the firm is dynamic and very p... (more)

CONTACT

212-561-5312

733 3Rd Ave, New York, NY 10017

Dan Shaked

Estate Planning, Corporate, Credit & Debt, Bankruptcy

Status: In Good Standing

FREE CONSULTATION

CONTACT

255 West 36Th Street, New York, NY 10018

David Ian Pankin

Workout, Consumer Bankruptcy, Commercial Bankruptcy, Bankruptcy

Status: In Good Standing

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48 Willoughby St, MetroTech, Brooklyn, NY 11201

Diane McFadin

Corporate, Employment, Credit & Debt, White Collar Crime

Status: In Good Standing

FREE CONSULTATION

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11 Broadway, New York, NY 10004

Edward G. Baer

Condominiums, Commercial Leasing, Landlord-Tenant, Bankruptcy Litigation

Status: In Good Standing

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270 Madison Avenue, New York, NY 10016

Edward Weissman

Corporate, Construction, Contract, Credit & Debt

Status: In Good Standing

CONTACT

60 East 42nd Street, New York, NY 10165

Gina Hatami

Construction, Criminal, Corporate, Bankruptcy

Status: In Good Standing

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11 Park Place, New York, NY 10007

Glenn R. Meyers

Real Estate, Bankruptcy, Personal Injury, Medical Malpractice

Status: In Good Standing

FREE CONSULTATION

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1123 Broadway, New York, NY 10001

Jamie B. Chapman

Foreclosure, Real Estate, Transactions, Bankruptcy

Status: In Good Standing

CONTACT

270 Madison Avenue, New York, NY 10016

Jennifer A. Schwartz

Estate Planning, Family Law, Corporate, Bankruptcy

Status: In Good Standing

CONTACT

360 Lexington Avenue, New York, NY 10017

800-923-0641

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LEGAL TERMS

CHAPTER 13 BANKRUPTCY

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your inc... (more...)

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your income to pay all or a portion of the debts over three to five years. The minimum amount you must pay is roughly equal to the value of your nonexempt property. In addition, you must pledge your disposable net income -- after subtracting reasonable expenses -- for the period during which you are making payments. At the end of the three-to five-year period, the balance of what you owe on most debts is erased.

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.

INFRINGEMENT (OF TRADEMARK)

Unauthorized use of a protected trademark or service mark, or use of something very similar to a protected mark. The success of a lawsuit to stop the infringeme... (more...)

Unauthorized use of a protected trademark or service mark, or use of something very similar to a protected mark. The success of a lawsuit to stop the infringement turns on whether the defendant's use causes a likelihood of confusion in the average consumer. If a court determines that the average consumer would be confused, the owner of the original mark can prevent the other's use of the infringing mark and sometimes collect damages.

DOING BUSINESS AS (DBA)

A situation in which a business owner operates a company under a name different from his or her real name. The owner must file a 'fictitious name statement' or ... (more...)

A situation in which a business owner operates a company under a name different from his or her real name. The owner must file a 'fictitious name statement' or similar document with the appropriate agency -- for example, the county clerk. This enables consumers to discover the names of the business owners, which is important if a consumer needs to sue the business.

NONEXEMPT PROPERTY

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typicall... (more...)

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typically includes valuable clothing (furs) and electronic equipment, an expensive car that's been paid off and most of the equity in your house. Compare exempt property.

IRS EXPENSES

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income mu... (more...)

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income must use the IRS expenses to calculate their average net income in a Chapter 7 case, or their disposable income in a Chapter 13 case.

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.

So Pole Bankruptcy & Debt Lawyer, New York, page 2

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Vivian Mortimer Williams

Dan Shaked

David Ian Pankin

Diane McFadin

Edward G. Baer

Edward Weissman

Gina Hatami

Glenn R. Meyers

Jamie B. Chapman

Jennifer A. Schwartz

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LEGAL TERMS

CHAPTER 13 BANKRUPTCY

DEBT COLLECTOR

INFRINGEMENT (OF TRADEMARK)

DOING BUSINESS AS (DBA)

NONEXEMPT PROPERTY

IRS EXPENSES

AUTOMATIC STAY

COLLATERAL

CREDITOR

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