Washington County, NY Credit & Debt 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
  Find out how an experienced attorney can help end calls and prevent lawsuits.
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Not enough matches for Washington Credit & Debt lawyer.
Below are all Washington lawyers.

John Barat Coman

General Practice

Status: Inactive Licensed: 48 Years

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1 Broadview Ter, Granville, NY 12832

Robert Malcolm Winn

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William L. Nikas

Mass Torts, Personal Injury, Medical Malpractice, Accident & Injury

Status: In Good Standing Licensed: 49 Years

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116 Oak St, Hudson Falls, NY 12839

Michael Richard Stern

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Status: In Good Standing Licensed: 33 Years

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Fort Edward, NY 12828

Cailie Ann Currin

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14 Main St, Greenwich, NY 12834

Leslie W. Ryan

Labor Law, Child Support, Divorce & Family Law, Misdemeanor

Status: In Good Standing Licensed: 40 Years

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136 Broadway, Fort Edward, NY 12828

Thomas N. Cioffi

Landlord-Tenant, Traffic, Divorce

Status: In Good Standing Licensed: 41 Years

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1345 County Route 47, Argyle, NY 12809

Timothy M. Bulger

Litigation, Government

Status: In Good Standing Licensed: 41 Years

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138 Main St, Greenwich, NY 12834

Andrew Cogan Kelly

Industry Specialties, Business

Status: In Good Standing Licensed: 29 Years

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18 Gray Ave, Greenwich, NY 12834

Alan C. Brownell

General Practice

Status: In Good Standing Licensed: 44 Years

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Greenwich, NY 12834

800-923-0641

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LEGAL TERMS

CREDITOR

A person or entity (such as a bank) to whom a debt is owed.

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.

REDEMPTION

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump s... (more...)

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump sum. For example, a debtor may redeem a car note by paying the lender the amount a retail vendor would charge for the car, considering its age and condition.

DEBT COLLECTOR

A person who works in the in-house collections department of an original creditor or a collection agency to track down debtors and get them to pay what they owe... (more...)

A person who works in the in-house collections department of an original creditor or a collection agency to track down debtors and get them to pay what they owe. Debt collectors can be relentless, often using scare tactics, humiliation and repeated phone calls to extract payments or promises to pay.

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.

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.

SETOFF

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a countercl... (more...)

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a counterclaim filed by a defendant in a lawsuit. Banks may try to exercise a setoff by taking money out of a deposit account to satisfy past due payments on a loan or credit card bill. Such an act is illegal under most circumstances.

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.

DOING BUSINESS AS (DBA)

A situation in which a business owner operates a company under a name different from his or her real name. The owner must file a 'fictitious name statement' or ... (more...)

A situation in which a business owner operates a company under a name different from his or her real name. The owner must file a 'fictitious name statement' or similar document with the appropriate agency -- for example, the county clerk. This enables consumers to discover the names of the business owners, which is important if a consumer needs to sue the business.

SAMPLE LEGAL CASES

COLLINS FIN. v. Vigilante

... Such a system is not tolerable in regard to credit card and other consumer credit debt cases where items such as the interest rate, late payment charge, and over-the-limit fees may change several times over the course of the consumer credit agreement. ...

Grasso v. Grasso

... 765 The husband also correctly contends that the Supreme Court improvidently exercised its discretion by, in effect, holding him responsible for 100% of the credit card obligations that constitute the parties' marital debt as well as all the marital debt that was solely in the wife's ...

PRA III LLC v. Gonzalez

... agreement to extend credit to the defendant, the issuance of credit cards at the defendant's address, his use of credit cards, his ... Moreover, the plaintiff submitted no evidence demonstrating the defendant's intention to pay the alleged debt (see General Obligations Law Â§ 17-101 ...

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Washington County, NY Credit & Debt Lawyers

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

John Barat Coman

Robert Malcolm Winn

William L. Nikas

Michael Richard Stern

Cailie Ann Currin

Leslie W. Ryan

Thomas N. Cioffi

Timothy M. Bulger

Andrew Cogan Kelly

Alan C. Brownell

TIPS

LEGAL TERMS

CREDITOR

UNDUE HARDSHIP

REDEMPTION

DEBT COLLECTOR

WORKOUT

LIMITED PARTNERSHIP

SETOFF

NONEXEMPT PROPERTY

DOING BUSINESS AS (DBA)

SAMPLE LEGAL CASES

COLLINS FIN. v. Vigilante

Grasso v. Grasso

PRA III LLC v. Gonzalez

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PRACTICE AREAS 70