Wantagh Bankruptcy & Debt Lawyer, New York, page 2

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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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David Paul Weiss

Industry Specialties, Business, Bankruptcy & Debt

Status: Licensed: 48 Years

CONTACT

406 Bedford Ave, Bellmore, NY 11710

Michael B. Green

General Practice

Status: Licensed: 27 Years

CONTACT

Seaford, NY 11783

Rachel M. Hollywood

Real Estate, Business, Bankruptcy & Debt

Status: Licensed: 22 Years

CONTACT

244 Pettit Ave, Bellmore, NY 11710

Jacqulyn Somers Loftin

Real Estate, Bankruptcy & Debt

Status:

CONTACT

3305 Jerusalem Ave, Wantagh, NY 11793

Robert Kenneth Barnard

Bankruptcy & Debt

Status: Licensed: 40 Years

CONTACT

3305 Jerusalem Ave, Wantagh, NY 11793

Jordan Cain Pilevsky

Bankruptcy & Debt

Status:

CONTACT

3305 Jerusalem Ave, Wantagh, NY 11793

David Adam Blansky

Real Estate, Litigation, Lawsuit & Dispute, Bankruptcy

Status: Licensed: 27 Years

CONTACT

3305 Jerusalem Ave., Wantagh, NY 11793

Joyce Glass

Real Estate, Government, Bankruptcy & Debt

Status:

CONTACT

3305 Jerusalem Avenue, Wantagh, NY 11793

Donna M. Fiorelli

Real Estate, Government, Bankruptcy & Debt

Status:

CONTACT

3305 Jerusalem Avenue, Wantagh, NY 11793

Mitchell J. Rich

Litigation, Lawsuit, Collection, Medical Malpractice

Status: Licensed: 39 Years

CONTACT

3535 Jerusalem Ave, Wantagh, NY 11793

800-814-6700

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LEGAL TERMS

NONEXEMPT PROPERTY

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typicall... (more...)

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typically includes valuable clothing (furs) and electronic equipment, an expensive car that's been paid off and most of the equity in your house. Compare exempt property.

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.

TRADE DRESS

The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape... (more...)

The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape of Frangelico liqueur bottles. Trade dress can be protected under trademark law if a showing can be made that the average consumer would likely be confused as to product origin if another product were allowed to appear in similar dress.

DEBIT CARD

A card issued by a bank that combines the functions of an ATM card and checks. A debit card can be used to withdraw cash at a bank like an ATM card, and it can ... (more...)

A card issued by a bank that combines the functions of an ATM card and checks. A debit card can be used to withdraw cash at a bank like an ATM card, and it can also be used at stores to pay for goods and services in place of a check. Unlike a credit card, a debit card automatically withdraws money from your checking account at the time of the transaction. Debit cards are regulated by the Electronic Funds Transfer Act.

CYBERSQUATTING

Buying a domain name that reflects the name of a business or famous person with the intent of selling the name back to the business or celebrity for a profit. T... (more...)

Buying a domain name that reflects the name of a business or famous person with the intent of selling the name back to the business or celebrity for a profit. The Anticybersquatting Consumer Protection Act of 1999 authorizes a cybersquatting victim to file a federal lawsuit to regain a domain name or sue for financial compensation. Under the act, registering, selling or using a domain name with the intent to profit from someone else's good name is considered cybersquatting. Victims of cybersquatting can also use the provisions of the Uniform Domain Name Dispute Resolution Policy adopted by ICANN, an international tribunal administering domain names. This international policy results in arbitration of the dispute, not litigation.

LIQUIDATING PARTNER

The member of an insolvent or dissolving partnership responsible for paying the debts and settling the accounts of the partnership.

CURRENT MONTHLY INCOME

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding... (more...)

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding the bankruptcy filing. The debtor's current monthly income is used to determine whether the debtor can file for Chapter 7 bankruptcy, among other things.

BULK SALES LAW

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to ... (more...)

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to conduct a bulk sale of business assets -- that is, get rid of an unusually large amount of inventory, merchandise or equipment -- the business owner must typically publish a notice of the sale and give written notice to creditors. Then, the owner must set up an account to hold the funds from the sale for a brief period of time during which creditors may make claims against the money. The prohibition against bulk sales is spelled out in the Uniform Commercial Code -- and laws modeled on the UCC have been generally adopted throughout the country.

WORKOUT

A debtor's plan to take care of a debt, by paying it off or through loan forgiveness. Workouts are often created to avoid bankruptcy or foreclosure proceedings.

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Wantagh Bankruptcy & Debt Lawyer, New York, page 2

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

David Paul Weiss

Michael B. Green

Rachel M. Hollywood

Jacqulyn Somers Loftin

Robert Kenneth Barnard

Jordan Cain Pilevsky

David Adam Blansky

Joyce Glass

Donna M. Fiorelli

Mitchell J. Rich

TIPS

LEGAL TERMS

NONEXEMPT PROPERTY

MEETING OF CREDITORS

TRADE DRESS

DEBIT CARD

CYBERSQUATTING

LIQUIDATING PARTNER

CURRENT MONTHLY INCOME

BULK SALES LAW

WORKOUT

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