Tomkins Cove 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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Sarah Ann Filcher

Real Estate, Bankruptcy & Debt

Status: Licensed: 13 Years

CONTACT

1 Park Pl, Peekskill, NY 10566

Tanya Patrice Dwyer

Commercial Real Estate, Litigation, Bankruptcy

Status:

CONTACT

1 Park Pl, Peekskill, NY 10566

Paul D. Feinstein

Real Estate, Lawsuit & Dispute, Estate, Bankruptcy & Debt

Status: Licensed: 57 Years

CONTACT

4 Oak Ct, Stony Point, NY 10980

Frank J. Laperch

Bankruptcy & Debt

Status:

CONTACT

148 S Liberty Dr, Stony Point, NY 10980

Victoria Reilly Lehning

Bankruptcy

Status: Licensed: 25 Years

CONTACT

1210 Frost Ln, Peekskill, NY 10566

Ari Joshua Stein

Other, Lawsuit & Dispute, Bankruptcy & Debt

Status: Licensed: 22 Years

CONTACT

1 Railroad Square, Haverstraw, NY 10927

Jay Wolf Ungerman

Bankruptcy

Status: Licensed: 63 Years

CONTACT

136 Grand Street, Croton On Hudson, NY 10520

Jason Lloyd Stern

General Practice

Status: Licensed: 30 Years

CONTACT

420 S Riverside Ave, Croton On Hudson, NY 10520

Robert Lawless

Business, Bankruptcy & Debt

Status: Licensed: 13 Years

CONTACT

Bldg 606, West Point, NY 10996

Lori G. Feldman

Litigation, Employment Discrimination, Civil Rights, Securities, Consumer Bankruptcy

Status: Licensed: 34 Years

CONTACT

102 Half Moon Bay Dr, Croton On Hudson, NY 10520

800-923-0641

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LEGAL TERMS

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.

FRATERNAL BENEFIT SOCIETY BENEFITS

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal socie... (more...)

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal societies that provide benefits. Also called benefit society, benevolent society or mutual aid association benefits. Under bankruptcy laws, these benefits are virtually always considered 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.

FAIR CREDIT BILLING ACT (FCBA)

A federal law that gives you rights when an error occurs on your credit card statement. You must notify the credit card company of the mistake within 60 days af... (more...)

A federal law that gives you rights when an error occurs on your credit card statement. You must notify the credit card company of the mistake within 60 days after it mailed the bill to you. The company must then correct the mistake, or at least acknowledge receipt of your letter within 30 days, and must correct the error within 90 days or explain why it believes the credit card statement is correct.

LOSS DAMAGE WAIVER (LDW)

Rental car insurance that makes the rental car company responsible for damage to or theft of a rental car. This insurance is a major consumer ripoff, as it ofte... (more...)

Rental car insurance that makes the rental car company responsible for damage to or theft of a rental car. This insurance is a major consumer ripoff, as it often duplicates coverage provided by the renter's regular car insurance and/or the credit card she uses to rent the car. Nevertheless, hard-sell practices by rental car agents often dupe people into buying LDWs they don't really need. LDW is also called 'collision damage waiver.'

CHAPTER 7 BANKRUPTCY

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 b... (more...)

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 bankruptcy takes from three to six months, costs about $200, and commonly requires only one trip to the courthouse.

S CORPORATION

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status fro... (more...)

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status from the Internal Revenue Service. Electing to do business as an S corporation lets shareholders enjoy limited liability status, as would be true of any corporation, but be taxed like a partnership or sole proprietor. That is, instead of being taxed as a separate entity (as would be the case with a regular or C corporation) an S corporation is a pass-through tax entity: income taxes are reported and paid by the shareholders, not the S corporation. To qualify as an S corporation a number of IRS rules must be met, such as a limit of 75 shareholders and citizenship requirements.

ADMINISTRATIVE EXPENSES

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Admi... (more...)

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Administrative costs are typically 10% of the debtor's total payments under the plan.

GUARANTEED RESERVATION

A hotel or rental car reservation secured by a credit card number. In exchange for your card number, the hotel or rental agency promises to have a room or vehic... (more...)

A hotel or rental car reservation secured by a credit card number. In exchange for your card number, the hotel or rental agency promises to have a room or vehicle for you no matter when you show up. If you have a guaranteed reservation with a hotel, it must provide you with a room, either at that hotel or at another comparable establishment. If you have a guaranteed reservation with a car agency, it must provide you with a vehicle. The downside of a guaranteed reservation is that if you don't show up and haven't cancelled your reservation, you will be billed for one night in the room or one day's use of the vehicle.

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Tomkins Cove Bankruptcy & Debt Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Sarah Ann Filcher

Tanya Patrice Dwyer

Paul D. Feinstein

Frank J. Laperch

Victoria Reilly Lehning

Ari Joshua Stein

Jay Wolf Ungerman

Jason Lloyd Stern

Robert Lawless

Lori G. Feldman

TIPS

LEGAL TERMS

CREDIT COUNSELING

FRATERNAL BENEFIT SOCIETY BENEFITS

C CORPORATION

FAIR CREDIT BILLING ACT (FCBA)

LOSS DAMAGE WAIVER (LDW)

CHAPTER 7 BANKRUPTCY

S CORPORATION

ADMINISTRATIVE EXPENSES

GUARANTEED RESERVATION

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