Sullivan County, NY Reorganization Lawyers

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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
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Scott A Russell

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Criminal, Wills & Probate, Employee Rights, Banking & Finance

With experience serving the public as an Assistant District Attorney, prosecuting minor traffic infractions and serious felony offenses, as public def... (more)

FREE CONSULTATION

CONTACT

800-305-4491

P.O. Box 622, Rock Hill, NY 12775

Michael Francis Mcguire

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Divorce & Family Law, Motor Vehicle, Real Estate

Michael F. McGuire, Attorney at Law is a sole legal General Practice with vast experience in the home of the Catskills. Mike has been on all sides of ... (more)

CONTACT

845-295-1234

31 South Main Street, Liberty, NY 12754

E. Danielle Jose-Decker

Family Law, Land Use & Zoning, Wills, Traffic

Status:

CONTACT

17 St. John Street, Monticello, NY 12701

Tobias A. Lake

Land Use & Zoning, Environmental Law

Status:

CONTACT

540 Broadway, Monticello, NY 12701

David Hosse

Banking & Finance, Wills & Probate, Trusts, Power of Attorney

Status:

CONTACT

1002 County Rd 95, North Branch, NY 12766

Jacqueline Ricciani

Other, Employment, Criminal, Civil Rights, Real Estate

Status: Licensed: 30 Years

CONTACT

100 North St, Monticello, NY 12701

Steven Nathan Mogel

Real Estate, Traffic, Employment, Divorce & Family Law

Status: Licensed: 23 Years

CONTACT

457 Broadway, Monticello, NY 12701

Michael David Altman

General Practice

Status: Licensed: 61 Years

CONTACT

South Fallsburg, NY 12779

Martin Howard Hersh

Estate, Divorce & Family Law, Civil & Human Rights

Status: Licensed: 44 Years

CONTACT

4 Asthalter Road, Liberty, NY 12754

Glenn David Kroll

Landlord-Tenant, Divorce & Family Law, Criminal, Accident & Injury, Family Law

Status: Licensed: 28 Years

CONTACT

92 Main Street, Bloomingburg, NY 12721

800-923-0641

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LEGAL TERMS

MEETING OF CREDITORS

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a f... (more...)

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a few questions. In a Chapter 7, the meeting of creditors lasts a few minutes and rarely do any creditors show up. In a Chapter 13 bankruptcy, one or two creditors may attend, especially if they disagree with some provision of your repayment plan.

PRESUMED ABUSE

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means te... (more...)

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means test, the court will presume that the debtor has sufficient income to fund a Chapter 13 plan. In this situation, the debtor will not be allowed to proceed with a Chapter 7 bankruptcy unless the debtor can prove that he or she is not abusing the Chapter 7 bankruptcy remedy.

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.

PRIORITY DEBT

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13... (more...)

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13 bankruptcy. Priority debts include alimony and child support, fees owed to the trustee and the attorney in the bankruptcy case, and wages owed to employees.

FCRA

See Fair Credit Reporting Act.

NONPROFIT CORPORATION

A legal structure authorized by state law allowing people to come together to either benefit members of an organization (a club, or mutual benefit society) or f... (more...)

A legal structure authorized by state law allowing people to come together to either benefit members of an organization (a club, or mutual benefit society) or for some public purpose (such as a hospital, environmental organization or literary society). Nonprofit corporations, despite the name, can make a profit, but the business cannot be designed primarily for profit-making purposes, and the profits must be used for the benefit of the organization or purpose the corporation was created to help. When a nonprofit corporation dissolves, any remaining assets must be distributed to another nonprofit, not to board members. As with for-profit corporations, directors of nonprofit corporations are normally shielded from personal liability for the organization's debts. Some nonprofit corporations qualify for a federal tax exemption under _ 501(c)(3) of the Internal Revenue Code, with the result that contributions to the nonprofit are tax deductible by their donors.

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.

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.

Sullivan County, NY Reorganization Lawyers

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Scott A Russell

Michael Francis Mcguire

E. Danielle Jose-Decker

Tobias A. Lake

David Hosse

Jacqueline Ricciani

Steven Nathan Mogel

Michael David Altman

Martin Howard Hersh

Glenn David Kroll

TIPS

LEGAL TERMS

MEETING OF CREDITORS

PRESUMED ABUSE

REPOSSESSION

PRIORITY DEBT

FCRA

NONPROFIT CORPORATION

INFRINGEMENT (OF TRADEMARK)

GENERAL PARTNER

FDCPA

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