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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 John Minotti

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Bankruptcy & Debt, Accident & Injury

Mr. Minotti received his Bachelors Degree from Pace University in 1995 and his Juris Doctor Degree from Pace University School of Law in 1998. Upon gr... (more)

FREE CONSULTATION

CONTACT

800-918-5290

1131 Route 55, Lagrangeville, NY 12540

William John Frohne

Real Estate, Estate, Bankruptcy & Debt, Accident & Injury

Status: In Good Standing Licensed: 48 Years

CONTACT

103 Church Hill Rd, Carmel, NY 10512

Jeffrey Han Oh

Securities, Commercial Bankruptcy, Corporate, Business & Trade

Status: In Good Standing Licensed: 10 Years

CONTACT

28 W Tilden Pl, Hopewell Junction, NY 12533

Miesha L M Rodriguez

Real Estate, Business, Bankruptcy & Debt

Status: Retired Licensed: 27 Years

CONTACT

Hopewell Junction, NY 12533

Nancy Corrigan

Consumer Protection, Litigation, Business Organization, Credit & Debt

Status: In Good Standing

FREE CONSULTATION

CONTACT

71 Richardsville Road, Carmel, NY 10512

Christopher Xavier Maher

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

Status: In Good Standing Licensed: 39 Years

FREE CONSULTATION

CONTACT

105 Gleneida Ave, Carmel, NY 10512

Rick S. Cowle

Real Estate, Business, Bankruptcy & Debt, Bankruptcy

Status: In Good Standing Licensed: 22 Years

CONTACT

18 Fair St, Carmel, NY 10512

Conrad Pasquale

Motor Vehicle, Workers' Compensation, Child Custody, Collection

Status: In Good Standing

CONTACT

48 Gleneida Ave, Carmel, NY 10512

Stamatia Kampitsis Dewbury

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

Status: In Good Standing Licensed: 28 Years

CONTACT

53 Gleneida Avenue, Carmel, NY 10512

B Faye Thorpe

Government, Divorce & Family Law, Bankruptcy & Debt

Status: In Good Standing Licensed: 20 Years

CONTACT

110 Old Rte. 6, Carmel, NY 10512

800-923-0641

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LEGAL TERMS

NO-FAULT INSURANCE

Car insurance laws that require the insurance companies of each person in an accident to pay for medical bills and lost wages of their insured, up to a certain ... (more...)

Car insurance laws that require the insurance companies of each person in an accident to pay for medical bills and lost wages of their insured, up to a certain amount, regardless of who was at fault. The effect of no-fault insurance laws is to eliminate lawsuits in small accidents. The advantage is the prompt payment of medical bills and expenses. The downsides are that the amounts paid by no-fault policies are often not enough to fully cover a person's losses and that no-fault does not compensate for pain and suffering.

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.

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.

UNSECURED DEBT

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only reme... (more...)

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only remedy is to sue you and get a judgment. Compare secured debt.

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.

CHAPTER 7 BANKRUPTCY

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 b... (more...)

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 bankruptcy takes from three to six months, costs about $200, and commonly requires only one trip to the courthouse.

CREDIT REPORT

An account of your credit history, prepared by a credit bureau. A credit report will contain both credit history, such as what you owe to whom and whether you m... (more...)

An account of your credit history, prepared by a credit bureau. A credit report will contain both credit history, such as what you owe to whom and whether you make the payments on time, as well as personal history, such as your former addresses, employment record and lawsuits in which you have been involved. An estimated 50% of all credit reports contain errors, such as accounts that don't belong to you, an incorrect account status or information reported that is older than seven years (ten years in the case of a bankruptcy).

LIMITED LIABILITY

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or ... (more...)

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or a person who invests in a corporation (a shareholder) generally stands to lose only the amount of money invested in the business. This means that if the business folds, creditors cannot seize or sell an owner's home, car, or other personal assets.

ACCORD AND SATISFACTION

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collectin... (more...)

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collecting as much money as they can from debtors who cannot pay the full amount.

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Holmes Bankruptcy & Debt Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Thomas John Minotti

William John Frohne

Jeffrey Han Oh

Miesha L M Rodriguez

Nancy Corrigan

Christopher Xavier Maher

Rick S. Cowle

Conrad Pasquale

Stamatia Kampitsis Dewbury

B Faye Thorpe

TIPS

LEGAL TERMS

NO-FAULT INSURANCE

INFRINGEMENT (OF TRADEMARK)

NUISANCE FEES

UNSECURED DEBT

TOXIC TORT

CHAPTER 7 BANKRUPTCY

CREDIT REPORT

LIMITED LIABILITY

ACCORD AND SATISFACTION

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