Southampton 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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James Michael O'Shea

Landlord-Tenant, Criminal, Business, Bankruptcy

Status: In Good Standing Licensed: 43 Years

CONTACT

250 N Sea Rd, Southampton, NY 11968

William Robert Dalsimer

Estate, Divorce & Family Law, Bankruptcy & Debt

Status: In Good Standing Licensed: 57 Years

CONTACT

Southampton, NY 11969

Thomas W.E Joyce

Real Estate, Estate, Consumer Rights, Bankruptcy & Debt

Status: In Good Standing Licensed: 62 Years

CONTACT

Southampton, NY 11969

Gilbert G. Flanagan

Industry Specialties, Business, Bankruptcy & Debt

Status: In Good Standing Licensed: 46 Years

CONTACT

21 S Main St, Southampton, NY 11968

Christian H W Mittweg

Industry Specialties, Business, Bankruptcy & Debt

Status: In Good Standing Licensed: 39 Years

CONTACT

366 Edge Of Woods Rd, Water Mill, NY 11976

Evans Michael Hillen

International, Bankruptcy & Debt

Status: In Good Standing Licensed: 14 Years

CONTACT

148 E Montauk Hwy, Hampton Bays, NY 11946

Melinda Anne Rubin

Immigration, Divorce, Civil Rights, Credit & Debt, Products Liability

Status: In Good Standing Licensed: 32 Years

CONTACT

147 W Montauk Hwy, Hampton Bays, NY 11946

Cindy Ellen Tzerman

Lawsuit & Dispute, Business, Bankruptcy & Debt, Insurance

Status: In Good Standing Licensed: 43 Years

CONTACT

10 Whalers Walk, Sag Harbor, NY 11963

John Minardo

Real Estate, Criminal, Business, Bankruptcy & Debt

Status: In Good Standing Licensed: 23 Years

CONTACT

68 Madison Street, Sag Harbor, NY 11963

Angela Tese-Milner

Bankruptcy & Debt

Status: In Good Standing Licensed: 42 Years

CONTACT

735 Wickham Avenue, Mattituck, NY 11952

800-923-0641

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LEGAL TERMS

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.

CCCS

See Consumer Credit Counseling Service.

CREDIT FILE

See credit report.

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.

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.

UNDUE HARDSHIP

The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in t... (more...)

The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in the future to pay off the loan may be able to show that repayment would be an undue hardship.

REDEMPTION

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump s... (more...)

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump sum. For example, a debtor may redeem a car note by paying the lender the amount a retail vendor would charge for the car, considering its age and condition.

CREDIT COUNSELING

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Unde... (more...)

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Under the new bankruptcy law, a debtor must undergo credit counseling with an approved provider before filing for bankruptcy.

DEFINED CONTRIBUTION PLAN

A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount ... (more...)

A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount every month, or every year, for each employee. The employer usually pays a fixed percentage of an employee's wages or salary, although sometimes the amount is a fraction of the company's profits, with the size of each employee's pension share depending on the amount of wage or salary. Upon retirement, each employee's pension is determined by how much was contributed to the fund on behalf of that employee over the years, plus whatever earnings that money has accumulated as part of the investments of the entire pension fund.

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Southampton Bankruptcy & Debt Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

James Michael O'Shea

William Robert Dalsimer

Thomas W.E Joyce

Gilbert G. Flanagan

Christian H W Mittweg

Evans Michael Hillen

Melinda Anne Rubin

Cindy Ellen Tzerman

John Minardo

Angela Tese-Milner

TIPS

LEGAL TERMS

GUARANTOR

CCCS

CREDIT FILE

BANKRUPTCY TRUSTEE

DOING BUSINESS AS (DBA)

UNDUE HARDSHIP

REDEMPTION

CREDIT COUNSELING

DEFINED CONTRIBUTION PLAN

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