Tupper Lake 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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Not enough matches for Tupper Lake Bankruptcy & Debt lawyer.
Below are all Tupper Lake lawyers.

John David Delehanty

General Practice

Status: In Good Standing Licensed: 48 Years

CONTACT

56 Lake St, Tupper Lake, NY 12986

Janelle Lavigne

General Practice

Status: In Good Standing Licensed: 12 Years

CONTACT

78 Demars Blvd, Tupper Lake, NY 12986

Kirk Anson Gagnier

Lawsuit & Dispute

Status: Inactive Licensed: 26 Years

CONTACT

51 Lake St, Tupper Lake, NY 12986

Kirk Gagnier

Real Estate, International, Estate, Business

Status: In Good Standing

CONTACT

51 Lake St, Tupper Lake, NY 12986

Laura Antonelli

General Practice

Status: In Good Standing Licensed: 28 Years

CONTACT

3 Oak St, Tupper Lake, NY 12986

Robert David Seymour

General Practice

Status: In Good Standing Licensed: 17 Years

CONTACT

Tupper Lake, NY 12986

Jeremiah M. Hayes

General Practice

Status: In Good Standing Licensed: 51 Years

CONTACT

64 Park St, Tupper Lake, NY 12986

John Tamer Ellis

General Practice

Status: In Good Standing Licensed: 35 Years

CONTACT

36 Lake St, Tupper Lake, NY 12986

Douglas Russell Wright

Federal Appellate Practice

Status: Inactive Licensed: 19 Years

CONTACT

64 Park St, Tupper Lake, NY 12986

Meredith A. Neverett

General Practice

Status: Inactive Licensed: 32 Years

CONTACT

51 Lake St, Tupper Lake, NY 12986

800-923-0641

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LEGAL TERMS

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.

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.

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.

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.

COLLATERAL

Property that guarantees payment of a secured debt.

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.

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.

FCRA

See Fair Credit Reporting Act.

NONDISCHARGEABLE DEBTS

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chap... (more...)

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chapter 13 bankruptcy, the nondischargeable debts will have to be paid in full during your plan or you will have a balance at the end of your case. Examples of nondischargeable debts include alimony and child support, most income tax debts, many student loans and debts for personal injury or death caused by drunk driving. Compare dischargeable debts.

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Tupper Lake Bankruptcy & Debt Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

John David Delehanty

Janelle Lavigne

Kirk Anson Gagnier

Kirk Gagnier

Laura Antonelli

Robert David Seymour

Jeremiah M. Hayes

John Tamer Ellis

Douglas Russell Wright

Meredith A. Neverett

TIPS

LEGAL TERMS

PRESUMED ABUSE

DEFINED CONTRIBUTION PLAN

FRATERNAL BENEFIT SOCIETY BENEFITS

S CORPORATION

COLLATERAL

UNDUE HARDSHIP

FAIR DEBT COLLECTIONS & PRACTICES ACT (FDCPA)

FCRA

NONDISCHARGEABLE DEBTS

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