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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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Thomas Paul Hughes

Other, Immigration, Bankruptcy & Debt

Status: In Good Standing Licensed: 47 Years

CONTACT

8341 State Route 28, Barneveld, NY 13304

Richard C. Cummings

Real Estate, Employment, Bankruptcy & Debt

Status: In Good Standing Licensed: 70 Years

CONTACT

6435 E Shore Rd, Glenfield, NY 13343

Diane Marie Martin-Grande

Deportation, Divorce, Divorce & Family Law, Collection

Status: In Good Standing

CONTACT

1200 Floyd Ave, Rome, NY 13440

Lisa Procter Denman

Consumer Bankruptcy, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

CONTACT

4 Riverside Dr, Utica, NY 13502

Earl B. Dunckel

Real Estate, Business, Bankruptcy & Debt

Status: In Good Standing Licensed: 57 Years

CONTACT

5352 Summit Ave, Lowville, NY 13367

Meade Hubbard Versace

Bankruptcy & Debt

Status: In Good Standing Licensed: 25 Years

CONTACT

113 Rose Ln, Rome, NY 13440

Rocco L. Versace

Traffic, Bankruptcy

Status: In Good Standing Licensed: 56 Years

CONTACT

113 Rose Ln, Rome, NY 13440

Peter Alan Zisser

Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 34 Years

CONTACT

120 Bleecker St, Utica, NY 13501

Thaddeus John Luke

Estate, Divorce & Family Law, Criminal, Bankruptcy & Debt

Status: In Good Standing Licensed: 31 Years

CONTACT

200 Elizabeth St, Utica, NY 13501

Merima Smajic

Bankruptcy

Status: In Good Standing Licensed: 11 Years

CONTACT

1 Kennedy Plaza, Utica, NY 13502

800-923-0641

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LEGAL TERMS

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.

BANKRUPTCY

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are ... (more...)

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are two types of bankruptcies -- liquidation, in which your debts are wiped out (discharged) and reorganization, in which you provide the court with a plan for how you intend to repay your debts. For both consumers and business, liquidation bankruptcy is called Chapter 7. For consumers, reorganization bankruptcy is called Chapter 13. Reorganization bankruptcy for consumers with an extraordinary amount of debt and for businesses is called Chapter 11. Reorganization bankruptcy for family farmers is called Chapter 12.

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.

FDCPA

See Fair Debt Collections & Practices Act.

FAIR LABOR STANDARDS ACT (FLSA)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements ... (more...)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements for overtime and places restrictions on child labor.

FRAUDULENT TRANSFER

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee --... (more...)

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee -- for instance, when a debtor signs a car over to a relative to keep it out of the bankruptcy estate. Fraudulently transferred property can be recovered and sold by the trustee for the benefit of the creditors.

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.

FCRA

See Fair Credit Reporting Act.

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.

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Forestport Bankruptcy & Debt Lawyer, New York

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The Michelson Law Office

SPONSORED LAWYERS

Thomas Paul Hughes

Richard C. Cummings

Diane Marie Martin-Grande

Lisa Procter Denman

Earl B. Dunckel

Meade Hubbard Versace

Rocco L. Versace

Peter Alan Zisser

Thaddeus John Luke

Merima Smajic

TIPS

LEGAL TERMS

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

BANKRUPTCY

DEBIT CARD

FDCPA

FAIR LABOR STANDARDS ACT (FLSA)

FRAUDULENT TRANSFER

MEETING OF CREDITORS

FCRA

DEBT COLLECTOR

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