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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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Patrick J. Conklin

Alimony & Spousal Support, Child Support, Consumer Bankruptcy, Farms

Status: In Good Standing Licensed: 20 Years

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20 Ontario St, Canandaigua, NY 14424

Patrick J. Cooney

Real Estate, Environmental Law, Employment, Bankruptcy

Status: In Good Standing Licensed: 50 Years

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23 Coach St, Canandaigua, NY 14424

Susan S. Cooney

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

Status: In Good Standing Licensed: 52 Years

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70 N Main St, Canandaigua, NY 14424

John Anthony Polimeni

Natural Resources, Contract, Bankruptcy, Medical Malpractice

Status: In Good Standing Licensed: 38 Years

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540 S Main St, Canandaigua, NY 14424

Patrick J. Conklin

Divorce & Family Law, Bankruptcy & Debt, Accident & Injury

Status: In Good Standing Licensed: 20 Years

CONTACT

20 Ontario St, Canandaigua, NY 14424

Vanessa Hanks

Immigration, Contract, Credit & Debt, Collection

Status: In Good Standing

FREE CONSULTATION

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Farmington, NY 14425

Michael Joseph Roulan

Real Estate, Lawsuit & Dispute, Estate, Criminal, Bankruptcy

Status: In Good Standing Licensed: 49 Years

CONTACT

407 S Main St, Geneva, NY 14456

Peter Olav Einset

Government, Divorce & Family Law, Bankruptcy & Debt

Status: In Good Standing Licensed: 41 Years

CONTACT

116 William St, Geneva, NY 14456

David G. Linger

Other, Real Estate, Government, Bankruptcy & Debt

Status: In Good Standing Licensed: 37 Years

CONTACT

Geneva, NY 14456

Roy Graham Franks

Foreclosure, Employment, Bankruptcy

Status: In Good Standing Licensed: 12 Years

CONTACT

77 Water St, Lyons, NY 14489

800-923-0641

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LEGAL TERMS

LOSS DAMAGE WAIVER (LDW)

Rental car insurance that makes the rental car company responsible for damage to or theft of a rental car. This insurance is a major consumer ripoff, as it ofte... (more...)

Rental car insurance that makes the rental car company responsible for damage to or theft of a rental car. This insurance is a major consumer ripoff, as it often duplicates coverage provided by the renter's regular car insurance and/or the credit card she uses to rent the car. Nevertheless, hard-sell practices by rental car agents often dupe people into buying LDWs they don't really need. LDW is also called 'collision damage waiver.'

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.

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.

IRS EXPENSES

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income mu... (more...)

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income must use the IRS expenses to calculate their average net income in a Chapter 7 case, or their disposable income in a Chapter 13 case.

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.

NUISANCE FEES

Money charged by some credit card companies to increase their profits when you fail to use the card the way the creditor wants. Examples include late payment fe... (more...)

Money charged by some credit card companies to increase their profits when you fail to use the card the way the creditor wants. Examples include late payment fees, inactivity fees and fees for not carrying a balance from month to month. It's best to shop around and get rid of cards that have these fees attached.

ADMINISTRATIVE EXPENSES

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Admi... (more...)

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Administrative costs are typically 10% of the debtor's total payments under the plan.

FDCPA

See Fair Debt Collections & Practices Act.

TRADE NAME

The official name of a business, the one it uses on its letterhead and bank account when not dealing with consumers.

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Geneva Bankruptcy & Debt Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Patrick J. Conklin

Patrick J. Cooney

Susan S. Cooney

John Anthony Polimeni

Patrick J. Conklin

Vanessa Hanks

Michael Joseph Roulan

Peter Olav Einset

David G. Linger

Roy Graham Franks

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LEGAL TERMS

LOSS DAMAGE WAIVER (LDW)

FRAUDULENT TRANSFER

LIABILITY

IRS EXPENSES

SUBROGATION

NUISANCE FEES

ADMINISTRATIVE EXPENSES

FDCPA

TRADE NAME

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