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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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Jerrold W. Bartman

Bankruptcy

Status: In Good Standing

FREE CONSULTATION

CONTACT

409 New Karner Road, Albany, NY 12205

Stephen Francis Bailly

Other, Lawsuit & Dispute, Bankruptcy & Debt

Status: In Good Standing Licensed: 46 Years

CONTACT

15 Valleyview Dr, Albany, NY 12208

John M. Dubuc

Other, Lawsuit & Dispute, Business, Bankruptcy & Debt

Status: In Good Standing Licensed: 25 Years

CONTACT

1822 Western Ave, Albany, NY 12203

James P. Melita

Traffic, Collection, Divorce, Criminal

Status: In Good Standing

CONTACT

Albany, NY 12203

John William Bailey

Lawsuit, Criminal, Bankruptcy, Accident & Injury

Status: In Good Standing

CONTACT

5 Pine West Plaza, Albany, NY 12205

Scott T. Dillon

Power of Attorney, Bankruptcy

Status: In Good Standing

CONTACT

441 New Karner Road, Albany, NY 12205

Samuel Warner

Government, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

CONTACT

6 Automation Ln, Albany, NY 12205

Patrick Sorsby

Traffic, Immigration, Trusts, Bankruptcy

Status: In Good Standing Licensed: 13 Years

CONTACT

1568 Central Ave, Albany, NY 12205

Christopher A. Priore

Real Estate, Lawsuit & Dispute, Bankruptcy & Debt

Status: In Good Standing Licensed: 13 Years

CONTACT

200 Great Oaks Blvd, Albany, NY 12203

Michael Niels Bruno

Real Estate, Estate, Divorce & Family Law, Bankruptcy

Status: In Good Standing

CONTACT

52 Corporate Cir, Albany, NY 12203

800-923-0641

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LEGAL TERMS

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.

CREDITOR

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

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.

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.

DEBIT CARD

A card issued by a bank that combines the functions of an ATM card and checks. A debit card can be used to withdraw cash at a bank like an ATM card, and it can ... (more...)

A card issued by a bank that combines the functions of an ATM card and checks. A debit card can be used to withdraw cash at a bank like an ATM card, and it can also be used at stores to pay for goods and services in place of a check. Unlike a credit card, a debit card automatically withdraws money from your checking account at the time of the transaction. Debit cards are regulated by the Electronic Funds Transfer Act.

PRESUMED ABUSE

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means te... (more...)

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means test, the court will presume that the debtor has sufficient income to fund a Chapter 13 plan. In this situation, the debtor will not be allowed to proceed with a Chapter 7 bankruptcy unless the debtor can prove that he or she is not abusing the Chapter 7 bankruptcy remedy.

HOUSEHOLDER

A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a ho... (more...)

A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a homestead exemption and possibly other exemptions relating to the maintenance of the household.

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.

SUBROGATION

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off i... (more...)

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off its injured claimant takes the legal rights the claimant has against a third party that caused the injury, and sues that third party.

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Delanson Bankruptcy & Debt Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Jerrold W. Bartman

Stephen Francis Bailly

John M. Dubuc

James P. Melita

John William Bailey

Scott T. Dillon

Samuel Warner

Patrick Sorsby

Christopher A. Priore

Michael Niels Bruno

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LEGAL TERMS

DEBT COLLECTOR

CREDITOR

WINDING UP

FORBEARANCE

DEBIT CARD

PRESUMED ABUSE

HOUSEHOLDER

INFRINGEMENT (OF TRADEMARK)

SUBROGATION

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