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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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Warren R. Graham

Banking & Finance, Bankruptcy, Corporate, Reorganization

Status: In Good Standing

FREE CONSULTATION

CONTACT

292 Madison Avenue, New York, NY 10017

Michael Joshua Kasen

Bankruptcy & Debt, Bankruptcy, Credit & Debt, Reorganization, Foreclosure

Status: In Good Standing Licensed: 12 Years

FREE CONSULTATION

CONTACT

25 Broadway, New York, NY 10004

James J. DeCristofaro

Lawsuit & Dispute, Business, Commercial Bankruptcy, Reorganization, Dissolution

Status: In Good Standing Licensed: 23 Years

CONTACT

42 West 24th Street, New York, NY 10010

Andrew Stephen Midgett

Criminal, Corporate, Reorganization, Bankruptcy & Debt

Status: In Good Standing Licensed: 14 Years

CONTACT

217 Broadway, New York, NY 10007

Andrew Peter Denatale

Industry Specialties, Business, Reorganization, Bankruptcy & Debt

Status: In Good Standing Licensed: 49 Years

CONTACT

180 Maiden Ln, New York, NY 10038

Lauren Rachel Lifland

Business & Trade, Reorganization, Bankruptcy & Debt

Status: In Good Standing Licensed: 13 Years

CONTACT

7 World Trade Ctr, New York, NY 10007

Ashley Renee Hodges

Art, Environmental Law, Unfair Competition, Reorganization

Status: In Good Standing Licensed: 10 Years

CONTACT

1 Battery Park Plaza, New York, NY 10004

Eric Gerard Waxman

Business, Reorganization, Bankruptcy

Status: In Good Standing

CONTACT

200 Liberty St, New York, NY 10281

Joseph P McGurk

Contract, Dispute Resolution, Reorganization, Advertising

Status: In Good Standing Licensed: 24 Years

CONTACT

350 Jay St, Brooklyn, NY 11201

Elizabeth Ashley Beitler

Litigation, Reorganization

Status: In Good Standing Licensed: 8 Years

CONTACT

One Battery Park Plaza, New York, NY 10004

800-923-0641

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LEGAL TERMS

COLLECTION AGENCY

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the d... (more...)

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the debt themselves, typically through letters (called 'dunning' letters) and telephone calls. Collection agencies are regulated by the federal Fair Debt Collection Practices Act. Unfortunately, too many collectors ignore this law.

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.

GUARANTOR

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. T... (more...)

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. The guarantor gives a 'guaranty,' which is an assurance that the debt or other obligation will be fulfilled.

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

A national non-profit agency that, at no cost, helps debtors plan budgets and repay their debts. One major criticism of CCCS is that each office is primarily fu... (more...)

A national non-profit agency that, at no cost, helps debtors plan budgets and repay their debts. One major criticism of CCCS is that each office is primarily funded by voluntary donations from the creditors that receive payments from debtors repaying their debts through that office. Despite this criticism, most CCCS counselors provide clients with thorough and neutral advice.

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.

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.

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.

DISCHARGEABLE DEBTS

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bill... (more...)

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bills and medical bills. Compare nondischargeable debts.

LIEN

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortg... (more...)

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortgages, home equity loans, car loans and personal loans for which you pledge property to guarantee repayment. Liens created without your consent are called nonconsensual liens, and include judgment liens (liens filed by a creditor who has sued you and obtained a judgment), tax liens and mechanics liens (liens filed by a contractor who worked on your house but wasn't paid).

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So Pole Reorganization Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Warren R. Graham

Michael Joshua Kasen

James J. DeCristofaro

Andrew Stephen Midgett

Andrew Peter Denatale

Lauren Rachel Lifland

Ashley Renee Hodges

Eric Gerard Waxman

Joseph P McGurk

Elizabeth Ashley Beitler

TIPS

LEGAL TERMS

COLLECTION AGENCY

DOING BUSINESS AS (DBA)

GUARANTOR

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

NONEXEMPT PROPERTY

CREDIT INSURANCE

REPOSSESSION

DISCHARGEABLE DEBTS

LIEN

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