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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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John W. Cobb

Bankruptcy, Contract, Criminal, Estate Planning

Status: In Good Standing

FREE CONSULTATION

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724 Broadway, Newburgh, NY 12550

Robert Thomas Lawless

Business, Bankruptcy & Debt

Status: In Good Standing Licensed: 11 Years

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Department Of Law, West Point, NY 10996

Patrick Sylvanus Tittle

Employment, Divorce & Family Law, Bankruptcy

Status: In Good Standing Licensed: 30 Years

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1207 Route 9, Wappingers Falls, NY 12590

Mary Kathryn Guccion

Real Estate, Business, Bankruptcy & Debt

Status: In Good Standing Licensed: 16 Years

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1136 Route 9, Wappingers Falls, NY 12590

Michelle Lynn Trier

Bankruptcy & Debt

Status: In Good Standing Licensed: 14 Years

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1136 Route 9, Wappingers Falls, NY 12590

Dario Dilello

Commercial Real Estate, Bankruptcy, Bankruptcy & Debt, Personal Injury

Status: In Good Standing

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725 Route 9, Fishkill, NY 12524

Daniel R. Miller

Real Estate, Litigation, Trusts, Bankruptcy & Debt

Status: In Good Standing

CONTACT

Fishkill, NY 12524

Edward Papa

Bankruptcy & Debt, Real Estate, Divorce, Estate

Status: In Good Standing Licensed: 23 Years

FREE CONSULTATION

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436-B Robinson Avenue, Newburgh, NY 12550

Lawrence Marshal Klein

Business, Bankruptcy & Debt

Status: In Good Standing Licensed: 65 Years

CONTACT

17 N Plank Rd, Newburgh, NY 12550

Matthew David Hindin

Consumer Rights, Business, Collection

Status: In Good Standing Licensed: 18 Years

CONTACT

2 Summit Ct, Fishkill, NY 12524

800-923-0641

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LEGAL TERMS

CREDIT COUNSELING

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Unde... (more...)

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Under the new bankruptcy law, a debtor must undergo credit counseling with an approved provider before filing for bankruptcy.

NONDISCHARGEABLE DEBTS

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chap... (more...)

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chapter 13 bankruptcy, the nondischargeable debts will have to be paid in full during your plan or you will have a balance at the end of your case. Examples of nondischargeable debts include alimony and child support, most income tax debts, many student loans and debts for personal injury or death caused by drunk driving. Compare dischargeable debts.

INFRINGEMENT (OF TRADEMARK)

Unauthorized use of a protected trademark or service mark, or use of something very similar to a protected mark. The success of a lawsuit to stop the infringeme... (more...)

Unauthorized use of a protected trademark or service mark, or use of something very similar to a protected mark. The success of a lawsuit to stop the infringement turns on whether the defendant's use causes a likelihood of confusion in the average consumer. If a court determines that the average consumer would be confused, the owner of the original mark can prevent the other's use of the infringing mark and sometimes collect damages.

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.

C CORPORATION

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S c... (more...)

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S corporation, whose profits are passed through to shareholders and taxed on their personal returns under subchapter S of the Internal Revenue Code.

CCCS

See Consumer Credit Counseling Service.

FORBEARANCE

Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily ... (more...)

Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily postponing or reducing the borrower's payments.

TOXIC TORT

A personal injury caused by exposure to a toxic substance, such as asbestos or hazardous waste. Victims can sue for medical expenses, lost wages and pain and su... (more...)

A personal injury caused by exposure to a toxic substance, such as asbestos or hazardous waste. Victims can sue for medical expenses, lost wages and pain and suffering.

CREDIT BUREAU

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit... (more...)

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit card companies that use the information to screen applicants for loans and credit cards. There are three major credit bureaus, Equifax, Experian and Trans Union, and they are regulated by the federal Fair Credit Reporting Act.

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Castle Point Bankruptcy & Debt Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

John W. Cobb

Robert Thomas Lawless

Patrick Sylvanus Tittle

Mary Kathryn Guccion

Michelle Lynn Trier

Dario Dilello

Daniel R. Miller

Edward Papa

Lawrence Marshal Klein

Matthew David Hindin

TIPS

LEGAL TERMS

CREDIT COUNSELING

NONDISCHARGEABLE DEBTS

INFRINGEMENT (OF TRADEMARK)

BULK SALES LAW

C CORPORATION

CCCS

FORBEARANCE

TOXIC TORT

CREDIT BUREAU

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