South Salem Workout 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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David Ian Pankin

Workout, Consumer Bankruptcy, Commercial Bankruptcy, Bankruptcy

Status:

CONTACT

48 Willoughby St, MetroTech, Brooklyn, NY 11201

Alex Markhasin

Construction, Contract, Workout, Personal Injury

Status: Licensed: 11 Years

CONTACT

1247 Avenue, Brooklyn, NY 11235

Antonia Golianopoulos

Workers' Compensation, Workout, Bankruptcy & Debt

Status: Licensed: 22 Years

CONTACT

1221 Avenue Of The Americas, New York, NY 10020

Benjamin Hoch

Business, Workout, Credit & Debt, Bankruptcy & Debt

Status: Licensed: 36 Years

CONTACT

1301 Avenue Of The Americas, New York, NY 10019

Eric Sleeper

Litigation, Corporate, Workout, Reorganization, Commercial Bankruptcy

Status:

CONTACT

1095 Avenue of the Americas, 38th Fl., New York, NY 10001

George Robertson Howard

Litigation, Workout, Reorganization, Bankruptcy & Debt

Status: Licensed: 16 Years

CONTACT

1114 Avenue Of The Americas, New York, NY 10036

Howard Seife

Workout, Credit & Debt, Commercial Bankruptcy, Bankruptcy & Debt

Status: Licensed: 46 Years

CONTACT

1301 Avenue Of The Americas, New York, NY 10019

Hyung Joon Stanley Lim

Banking & Finance, Credit & Debt, Workout, Lending

Status:

CONTACT

1 Crosfield Ave, West Nyack, NY 10994

John J. Rapisardi

Litigation, Industry Specialties, Workout, Bankruptcy & Debt

Status: Licensed: 42 Years

CONTACT

7 Times Square, New York, NY 10036

John F. Bricker

Banking & Finance, Workout

Status: Licensed: 44 Years

CONTACT

1114 Avenue Of The Americas, New York, NY 10036

800-923-0641

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LEGAL TERMS

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.

C CORPORATION

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S c... (more...)

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S corporation, whose profits are passed through to shareholders and taxed on their personal returns under subchapter S of the Internal Revenue Code.

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.

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.

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).

INTEREST

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to ... (more...)

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to your balance. This means that if your loan or credit line has an interest rate of 8%, the holder adds 8% to the balance each year. More specifically, interest is calculated and added to your loan or credit line through a process called compounding. If interest is compounded daily, the balance will rise by 1/365th of 8% each day. If interest is compounded monthly, the balance will rise 1/12th of 8% at the start of each month.

FAIR DEBT COLLECTIONS & PRACTICES ACT (FDCPA)

A federal law that outlaws unfair debt collection practices, including lying, harassing, misleading and otherwise abusing debtors, by debt collectors working fo... (more...)

A federal law that outlaws unfair debt collection practices, including lying, harassing, misleading and otherwise abusing debtors, by debt collectors working for collection agencies. The law does not apply to creditors collecting their own debts. This law has greatly improved conditions for debtors, although more than a few debt collectors ignore the law. If a collection agency violates the law, debtors can contact the Federal Trade Commission for help.

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.

SETOFF

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a countercl... (more...)

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a counterclaim filed by a defendant in a lawsuit. Banks may try to exercise a setoff by taking money out of a deposit account to satisfy past due payments on a loan or credit card bill. Such an act is illegal under most circumstances.

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South Salem Workout Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

David Ian Pankin

Alex Markhasin

Antonia Golianopoulos

Benjamin Hoch

Eric Sleeper

George Robertson Howard

Howard Seife

Hyung Joon Stanley Lim

John J. Rapisardi

John F. Bricker

TIPS

LEGAL TERMS

NONEXEMPT PROPERTY

C CORPORATION

INFRINGEMENT (OF TRADEMARK)

DISCHARGEABLE DEBTS

CREDIT REPORT

INTEREST

FAIR DEBT COLLECTIONS & PRACTICES ACT (FDCPA)

TOXIC TORT

SETOFF

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