Allegany County, NY Reorganization 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 Allegany Reorganization lawyer.
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John Albert Cappellini

White Collar Crime, Estate Planning, Bankruptcy, Contract, Natural Resources

Status: In Good Standing Licensed: 27 Years

CONTACT

1 East Main St., Cuba, NY 14727

W Ross Scott

Oil & Gas, Environmental Law, Science, Technology & Internet

Status: In Good Standing Licensed: 28 Years

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1759 Hawks Rd, Andover, NY 14806

Stephen James Riley

Social Security

Status: In Good Standing Licensed: 43 Years

CONTACT

5659 County Road 7D, Cuba, NY 14727

Peter J. Degnan

Motor Vehicle, Wrongful Termination, Criminal, Bankruptcy & Debt

Status: In Good Standing Licensed: 36 Years

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2 Schuyler St, Belmont, NY 14813

Erik Clark Lacelle

General Practice

Status: Suspended Licensed: 28 Years

CONTACT

Fillmore, NY 14735

Carolyn Ruth Kellogg

Real Estate, Defect and Lemon Law, Lawsuit & Dispute, Intellectual Property, Insurance

Status: In Good Standing Licensed: 27 Years

CONTACT

160 Madison Street, Wellsville, NY 14895

William William Gunner

General Practice

Status: In Good Standing Licensed: 38 Years

CONTACT

Wellsville, NY 14895

Barbara J. Kelley

General Practice

Status: In Good Standing Licensed: 39 Years

CONTACT

7 Court Street, Belmont, NY 14813

Richard Matthew Buck

General Practice

Status: In Good Standing Licensed: 15 Years

CONTACT

21 Minard St, Fillmore, NY 14735

Patricia Kathleen Fogarty

General Practice

Status: In Good Standing Licensed: 50 Years

CONTACT

7 Court St, Belmont, NY 14813

800-923-0641

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LEGAL TERMS

LIABILITY

(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pi... (more...)

(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pipe bursts the day after Paul installs it, ruining the bathroom floor. This raises the issue of liability: Who is responsible for the damage? Peri claims that Paul is responsible, and sues him for the cost of hiring another plumber to fix the pipe and replacing the floor. Paul, in turn, claims that the pipe manufacturer is responsible, because they supplied him with faulty materials. Both Peri and Paul must prove their claims in court; if Paul and/or the manufacturer is found liable, one or both will have to pay damages to Peri. (2) Something for which a person is liable. For example, a debt is often called a liability.

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemp... (more...)

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemptible because it has been damaged or destroyed.

WINDING UP

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, a... (more...)

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, all with the ultimate goal of liquidating or closing down a corporation or partnership.

CREDIT REPORT

An account of your credit history, prepared by a credit bureau. A credit report will contain both credit history, such as what you owe to whom and whether you m... (more...)

An account of your credit history, prepared by a credit bureau. A credit report will contain both credit history, such as what you owe to whom and whether you make the payments on time, as well as personal history, such as your former addresses, employment record and lawsuits in which you have been involved. An estimated 50% of all credit reports contain errors, such as accounts that don't belong to you, an incorrect account status or information reported that is older than seven years (ten years in the case of a bankruptcy).

CREDIT INSURANCE

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay o... (more...)

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay off the remaining balance. Federal and state consumer protection laws require the lender to disclose to existing and potential borrowers the terms and costs of obtaining credit insurance because it can affect the terms of the loan.

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.

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.

BANKRUPTCY TRUSTEE

A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is t... (more...)

A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is to gather the debtor's nonexempt property, liquidate it and distribute it proportionally to her creditors. In a Chapter 13 case, the trustee's role is to receive the debtor's monthly payments and distribute them proportionally to her creditors.

Allegany County, NY Reorganization Lawyers

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

John Albert Cappellini

W Ross Scott

Stephen James Riley

Peter J. Degnan

Erik Clark Lacelle

Carolyn Ruth Kellogg

William William Gunner

Barbara J. Kelley

Richard Matthew Buck

Patricia Kathleen Fogarty

TIPS

LEGAL TERMS

LIABILITY

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

WINDING UP

CREDIT REPORT

CREDIT INSURANCE

AUTOMATIC STAY

SECRET WARRANTY PROGRAM

BANKRUPTCY TRUSTEE

CCCS

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