Van Hornesville 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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Joseph A. Nalli

Real Estate, Estate, Divorce & Family Law, Bankruptcy & Debt

Status: In Good Standing Licensed: 40 Years

CONTACT

121 Honey Hill Rd, Fort Plain, NY 13339

Peter Alan Zisser

Credit & Debt, Bankruptcy, Bankruptcy & Debt

Status: Retired Licensed: 26 Years

CONTACT

559 E Gansevoort St, Little Falls, NY 13365

Robert Willis Birch

Real Estate, Business, Bankruptcy & Debt

Status: In Good Standing

CONTACT

Cooperstown, NY 13326

Scott Harris Oberman

Motor Vehicle, Criminal, Bankruptcy & Debt, Accident & Injury

Status: In Good Standing Licensed: 42 Years

CONTACT

110 W Albany St, Herkimer, NY 13350

Beverley Joy Forrest

Dispute Resolution, Bankruptcy

Status: In Good Standing Licensed: 45 Years

CONTACT

104 N Washington St, Herkimer, NY 13350

Todd Daniel Bennett

Traffic, Criminal, Bankruptcy, Personal Injury

Status: In Good Standing Licensed: 32 Years

CONTACT

123 Court St, Herkimer, NY 13350

Karl Erik Manne

Landlord-Tenant, Wills & Probate, Collection, Bankruptcy

Status: In Good Standing

CONTACT

107 Court Street, Herkimer, NY 13350

Roger M Mallery

Bankruptcy, Real Estate, Trusts, Wills & Probate, Child Custody

Status: In Good Standing Licensed: 69 Years

CONTACT

545 Main St, Cobleskill, NY 12043

800-923-0641

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LEGAL TERMS

LIMITED PARTNERSHIP

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner ... (more...)

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner or partners (called general partners) have unlimited personal liability. The key difference between a general and limited partner concerns management decision making--general partners run the business, and limited partners, who are usually passive investors, are not allowed to make day-to-day business decisions. If they do, they risk being treated as general partners with unlimited personal liability.

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 LABOR STANDARDS ACT (FLSA)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements ... (more...)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements for overtime and places restrictions on child labor.

AUTOMATIC STAY

An injunction automatically issued by the bankruptcy court when a debtor files for bankruptcy. The automatic stay prohibits most creditor collection activities,... (more...)

An injunction automatically issued by the bankruptcy court when a debtor files for bankruptcy. The automatic stay prohibits most creditor collection activities, such as filing or continuing lawsuits, making written requests for payment, or notifying credit reporting bureaus of an unpaid debt.

FCBA

See Fair Credit Billing Act.

SECRET WARRANTY PROGRAM

A program under which a car manufacturer will make repairs for free on vehicles with persistent problems, even after the warranty has expired, in order to avoid... (more...)

A program under which a car manufacturer will make repairs for free on vehicles with persistent problems, even after the warranty has expired, in order to avoid a recall and the accompanying bad press. Secret warranties are rarely advertised by the manufacturer, so consumers must pursue the manufacturer to discover and take advantage of them. A few states require manufacturers to notify car buyers when they adopt secret warranty programs.

CREDIT BUREAU

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit... (more...)

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit card companies that use the information to screen applicants for loans and credit cards. There are three major credit bureaus, Equifax, Experian and Trans Union, and they are regulated by the federal Fair Credit Reporting Act.

CHAPTER 13 BANKRUPTCY

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your inc... (more...)

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your income to pay all or a portion of the debts over three to five years. The minimum amount you must pay is roughly equal to the value of your nonexempt property. In addition, you must pledge your disposable net income -- after subtracting reasonable expenses -- for the period during which you are making payments. At the end of the three-to five-year period, the balance of what you owe on most debts is erased.

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.

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Van Hornesville Bankruptcy & Debt Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Joseph A. Nalli

Peter Alan Zisser

Robert Willis Birch

Scott Harris Oberman

Beverley Joy Forrest

Todd Daniel Bennett

Karl Erik Manne

Roger M Mallery

TIPS

LEGAL TERMS

LIMITED PARTNERSHIP

UNDUE HARDSHIP

FAIR LABOR STANDARDS ACT (FLSA)

AUTOMATIC STAY

FCBA

SECRET WARRANTY PROGRAM

CREDIT BUREAU

CHAPTER 13 BANKRUPTCY

REPOSSESSION

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