Washington County, NY Workout 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 Workout lawyer.
Below are all Washington lawyers.

Alan C. Brownell

General Practice

Status: In Good Standing Licensed: 44 Years

CONTACT

Greenwich, NY 12834

Allen Curtis Read

Lawsuit & Dispute, Divorce & Family Law, Criminal, Accident & Injury

Status: In Good Standing Licensed: 46 Years

CONTACT

1689 County Route 11, Whitehall, NY 12887

Andrew Cogan Kelly

Industry Specialties, Business

Status: In Good Standing Licensed: 29 Years

CONTACT

18 Gray Ave, Greenwich, NY 12834

Anthony Dean Padgett

General Practice

Status: In Good Standing Licensed: 41 Years

CONTACT

1106 Chamberlain Mills Rd, Salem, NY 12865

Barry Joseph Jones

General Practice

Status: In Good Standing Licensed: 44 Years

CONTACT

383 Broadway, Fort Edward, NY 12828

Brandon Patrick Rathbun

General Practice

Status: In Good Standing Licensed: 11 Years

CONTACT

383 Broadway, Fort Edward, NY 12828

Brian F. Mumford

Real Estate, Traffic, Lawsuit & Dispute, Immigration

Status: In Good Standing Licensed: 57 Years

CONTACT

125 Summit Lake Rd, Argyle, NY 12809

Bruce B. Kastor

General Practice

Status: In Good Standing Licensed: 43 Years

CONTACT

9137 State Route 4, Whitehall, NY 12887

Cailie Ann Currin

General Practice

Status: In Good Standing

CONTACT

14 Main St, Greenwich, NY 12834

Cathi Lois Radner

General Practice

Status: In Good Standing Licensed: 35 Years

CONTACT

383 Broadway, Fort Edward, NY 12828

800-923-0641

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LEGAL TERMS

TRUTH IN LENDING ACT (TILA)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disc... (more...)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disclose the terms of a loan, including the total amount of the loan, the annual interest rate and the number, amount and due dates of all payments necessary to repay the loan. The TILA requires additional disclosures and places many restrictions on mortgages.

ACCORD AND SATISFACTION

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collectin... (more...)

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collecting as much money as they can from debtors who cannot pay the full amount.

GRACE PERIOD

A period of time during which you are not required to make payments on a debt. For example, most credit cards give you a grace period of 20-30 days before you h... (more...)

A period of time during which you are not required to make payments on a debt. For example, most credit cards give you a grace period of 20-30 days before you have to pay interest on the amount of your purchases. Cash advances, however, usually have no grace period; interest begins to accumulate from the date of the withdrawal, even if you pay your bills on time. Also, some student loans give you a grace period after graduating or dropping out of school. During this time, you are not required to make payments on your loan.

CHAPTER 13 PLAN

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to ... (more...)

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to pay all mandatory debts -- for example, back child support, taxes, and mortgage arrearages -- as well as some or all unsecured, nonpriority debts, such as medical and credit card bills.

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.

SOLE PROPRIETORSHIP

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, m... (more...)

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, meaning that business profits are reported and taxed on the owner's personal tax return. Setting up a sole proprietorship is cheap and easy since no legal formation documents need be filed with any governmental agency (although tax registration and other permit and license requirements may still apply). Once you file a fictitious name statement (assuming you don't use your own name) and obtain any required basic tax permits and business licenses, you'll be in business. The main downside of a sole proprietorship is that its owner is personally liable for all business debts.

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.

CREDITOR

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

401(K) PLAN

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income ... (more...)

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income taxes on the amount invested and any earnings are due until the employee withdraws money from the fund.

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Washington County, NY Workout Lawyers

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Alan C. Brownell

Allen Curtis Read

Andrew Cogan Kelly

Anthony Dean Padgett

Barry Joseph Jones

Brandon Patrick Rathbun

Brian F. Mumford

Bruce B. Kastor

Cailie Ann Currin

Cathi Lois Radner

TIPS

LEGAL TERMS

TRUTH IN LENDING ACT (TILA)

ACCORD AND SATISFACTION

GRACE PERIOD

CHAPTER 13 PLAN

CURRENT MONTHLY INCOME

SOLE PROPRIETORSHIP

BULK SALES LAW

CREDITOR

401(K) PLAN

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