East Islip Bankruptcy & Debt Lawyer, New York

Sponsored Law Firm

x
Click For More Info:

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.
1. Contact
2. E-mail
3. Refer
5. Visit:
6. Website
7. Profile

John Peter Brooke

✓ VERIFIED

Bankruptcy & Debt, Divorce & Family Law, Foreclosure, Wills & Probate, Real Estate

My law firm is a full-service practice specializing in the areas of bankruptcy, foreclosure defense, mortgage/loan modifications as well as other area... (more)

FREE CONSULTATION

CONTACT

800-576-3140

85 W. Main Street, Bay Shore, NY 11706

Steven Paul Bertolino

Commercial Real Estate, Criminal, Bankruptcy, Personal Injury

Status: In Good Standing Licensed: 30 Years

CONTACT

130 W Main St, East Islip, NY 11730

Cory John Covert

Real Estate, Business, Bankruptcy & Debt

Status: In Good Standing Licensed: 32 Years

CONTACT

128 Carleton Ave, East Islip, NY 11730

Peter Seideman

Lawsuit & Dispute, Bankruptcy & Debt

Status: In Good Standing Licensed: 54 Years

CONTACT

130 W Main St, East Islip, NY 11730

Joseph L. Fritz

Landlord-Tenant, Industry Specialties, DUI-DWI, Credit & Debt

Status: In Good Standing Licensed: 52 Years

CONTACT

135 W Main St, East Islip, NY 11730

Russell F. Moran

Landlord-Tenant, Traffic, Litigation, Advertising, Credit & Debt

Status: In Good Standing Licensed: 45 Years

CONTACT

22 Suellen Rd, Islip, NY 11751

Ernest Martin Bongermino

Divorce & Family Law, Criminal, Civil & Human Rights, Bankruptcy & Debt

Status: In Good Standing Licensed: 45 Years

CONTACT

126 Carleton Ave, Islip Terrace, NY 11752

Jeffrey Scott Panasci

Litigation, Divorce, DUI-DWI, Bankruptcy

Status: In Good Standing Licensed: 17 Years

CONTACT

28 Nassau Ave, Islip, NY 11751

Francis James Loscalzo

Bankruptcy & Debt

Status: In Good Standing Licensed: 34 Years

CONTACT

808 Providence Dr, Islip Terrace, NY 11752

Raymond Charles Baierlein

Commercial Real Estate, Litigation, Criminal, Bankruptcy & Debt

Status: In Good Standing Licensed: 28 Years

CONTACT

85 W Main St, Bay Shore, NY 11706

800-923-0641

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

Call me for fastest results!
800-943-8690

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

By submitting this lawyer request, I confirm I have read and agree to the Consent to Receive Messages from all messaging and voice technologies including Email, Text, Phone, Terms of Use, and Privacy Policy. Information provided is not privileged or confidential.

LEGAL TERMS

COLLATERAL

Property that guarantees payment of a secured debt.

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.

TRADE DRESS

The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape... (more...)

The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape of Frangelico liqueur bottles. Trade dress can be protected under trademark law if a showing can be made that the average consumer would likely be confused as to product origin if another product were allowed to appear in similar dress.

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.

MEANS TEST

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income ... (more...)

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income for his or her state should be allowed to file for Chapter 7 bankruptcy.

COSIGNER

A person who signs his or her name to a loan agreement, lease or credit application. If the primary debtor does not pay, the cosigner is fully responsible for t... (more...)

A person who signs his or her name to a loan agreement, lease or credit application. If the primary debtor does not pay, the cosigner is fully responsible for the loan or debt. Many people use cosigners to qualify for a loan or credit card. Landlords may require a cosigner when renting to a student or someone with a poor credit history.

GARNISHMENT

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if ... (more...)

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if she loses a lawsuit filed by the creditor. Up to 25% of a person's wages can be deducted.

MEETING OF CREDITORS

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a f... (more...)

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a few questions. In a Chapter 7, the meeting of creditors lasts a few minutes and rarely do any creditors show up. In a Chapter 13 bankruptcy, one or two creditors may attend, especially if they disagree with some provision of your repayment plan.

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.

SORT BY:

FILTER BY:

Free Consultation
Male
Female
Suspended

East Islip Bankruptcy & Debt Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

John Peter Brooke

Steven Paul Bertolino

Cory John Covert

Peter Seideman

Joseph L. Fritz

Russell F. Moran

Ernest Martin Bongermino

Jeffrey Scott Panasci

Francis James Loscalzo

Raymond Charles Baierlein

TIPS

LEGAL TERMS

COLLATERAL

PRESUMED ABUSE

TRADE DRESS

BULK SALES LAW

MEANS TEST

COSIGNER

GARNISHMENT

MEETING OF CREDITORS

AUTOMATIC STAY

SORT BY:

FILTER BY:

PRACTICE AREAS 30

NEARBY CITY SUGGESTIONS

Lawyer.com Legal Protection Plan

Premium Membership

Additional Services

Resources

My Account Details