Yorktown Heights Workout 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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Antonia Golianopoulos

Workers' Compensation, Workout, Bankruptcy & Debt

Status: In Good Standing Licensed: 22 Years

CONTACT

1221 Avenue Of The Americas, New York, NY 10020

Benjamin Hoch

Business, Workout, Credit & Debt, Bankruptcy & Debt

Status: In Good Standing Licensed: 36 Years

CONTACT

1301 Avenue Of The Americas, New York, NY 10019

Eric Sleeper

Litigation, Corporate, Workout, Reorganization, Commercial Bankruptcy

Status: In Good Standing

CONTACT

1095 Avenue of the Americas, 38th Fl., New York, NY 10001

George Robertson Howard

Litigation, Workout, Reorganization, Bankruptcy & Debt

Status: In Good Standing Licensed: 16 Years

CONTACT

1114 Avenue Of The Americas, New York, NY 10036

George Robertson Howard

Litigation, Workout, Reorganization, Bankruptcy & Debt

Status: In Good Standing Licensed: 16 Years

CONTACT

1114 Avenue Of The Americas, New York, NY 10036

George Arthur Davis

Litigation, Business, Workout, Bankruptcy & Debt

Status: In Good Standing Licensed: 34 Years

CONTACT

885 3Rd Ave, New York, NY 10022

Howard Seife

Workout, Credit & Debt, Commercial Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 46 Years

CONTACT

1301 Avenue Of The Americas, New York, NY 10019

Hyung Joon Stanley Lim

Banking & Finance, Credit & Debt, Workout, Lending

Status: In Good Standing

CONTACT

1 Crosfield Ave, West Nyack, NY 10994

John J. Rapisardi

Litigation, Industry Specialties, Workout, Bankruptcy & Debt

Status: In Good Standing Licensed: 42 Years

CONTACT

7 Times Square, New York, NY 10036

John F. Bricker

Banking & Finance, Workout

Status: In Good Standing Licensed: 44 Years

CONTACT

1114 Avenue Of The Americas, New York, NY 10036

800-923-0641

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800-943-8690

Free Help: Use This Form or Call 800-943-8690

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LEGAL TERMS

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.

PREFERENCE

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commer... (more...)

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commercial creditors) and within one year for insider creditors (friends, family members, and business associates). Because a preference gives the creditor who received the payment an edge over other creditors in the bankruptcy case, the trustee can recover the preference (the amount of the payment) and distribute it among all of the creditors.

GUARANTEED RESERVATION

A hotel or rental car reservation secured by a credit card number. In exchange for your card number, the hotel or rental agency promises to have a room or vehic... (more...)

A hotel or rental car reservation secured by a credit card number. In exchange for your card number, the hotel or rental agency promises to have a room or vehicle for you no matter when you show up. If you have a guaranteed reservation with a hotel, it must provide you with a room, either at that hotel or at another comparable establishment. If you have a guaranteed reservation with a car agency, it must provide you with a vehicle. The downside of a guaranteed reservation is that if you don't show up and haven't cancelled your reservation, you will be billed for one night in the room or one day's use of the vehicle.

NUISANCE FEES

Money charged by some credit card companies to increase their profits when you fail to use the card the way the creditor wants. Examples include late payment fe... (more...)

Money charged by some credit card companies to increase their profits when you fail to use the card the way the creditor wants. Examples include late payment fees, inactivity fees and fees for not carrying a balance from month to month. It's best to shop around and get rid of cards that have these fees attached.

FAIR CREDIT BILLING ACT (FCBA)

A federal law that gives you rights when an error occurs on your credit card statement. You must notify the credit card company of the mistake within 60 days af... (more...)

A federal law that gives you rights when an error occurs on your credit card statement. You must notify the credit card company of the mistake within 60 days after it mailed the bill to you. The company must then correct the mistake, or at least acknowledge receipt of your letter within 30 days, and must correct the error within 90 days or explain why it believes the credit card statement is correct.

NONPROFIT CORPORATION

A legal structure authorized by state law allowing people to come together to either benefit members of an organization (a club, or mutual benefit society) or f... (more...)

A legal structure authorized by state law allowing people to come together to either benefit members of an organization (a club, or mutual benefit society) or for some public purpose (such as a hospital, environmental organization or literary society). Nonprofit corporations, despite the name, can make a profit, but the business cannot be designed primarily for profit-making purposes, and the profits must be used for the benefit of the organization or purpose the corporation was created to help. When a nonprofit corporation dissolves, any remaining assets must be distributed to another nonprofit, not to board members. As with for-profit corporations, directors of nonprofit corporations are normally shielded from personal liability for the organization's debts. Some nonprofit corporations qualify for a federal tax exemption under _ 501(c)(3) of the Internal Revenue Code, with the result that contributions to the nonprofit are tax deductible by their donors.

FDCPA

See Fair Debt Collections & Practices Act.

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.

ADMINISTRATIVE EXPENSES

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Admi... (more...)

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Administrative costs are typically 10% of the debtor's total payments under the plan.

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Yorktown Heights Workout Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Antonia Golianopoulos

Benjamin Hoch

Eric Sleeper

George Robertson Howard

George Robertson Howard

George Arthur Davis

Howard Seife

Hyung Joon Stanley Lim

John J. Rapisardi

John F. Bricker

TIPS

LEGAL TERMS

WORKOUT

PREFERENCE

GUARANTEED RESERVATION

NUISANCE FEES

FAIR CREDIT BILLING ACT (FCBA)

NONPROFIT CORPORATION

FDCPA

401(K) PLAN

ADMINISTRATIVE EXPENSES

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