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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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George D. Patte

Corporate, Contract, Business Organization, Bankruptcy

Status: In Good Standing

CONTACT

121 East Buffalo Street, Ithaca, NY 14850

Richard P. Ruswick

Bankruptcy, Corporate, Business Organization, Construction

Status: In Good Standing

CONTACT

401 E. State St., Ithaca, NY 14850

Lee Matthew Van Houten

Alimony & Spousal Support, Bankruptcy, Collection, Criminal

Status: In Good Standing

CONTACT

104-114 North Cayuga Street, Ithaca, NY 14850

Walter Charles Foulke

Lawsuit & Dispute, Industry Specialties, Business, Bankruptcy & Debt

Status: In Good Standing Licensed: 63 Years

CONTACT

5 Court St, Auburn, NY 13021

Manford Benjamin Susman

Lawsuit & Dispute, Industry Specialties, Government, Bankruptcy & Debt

Status: In Good Standing Licensed: 15 Years

CONTACT

126 Genesee St, Auburn, NY 13021

Kristin Leeann Garland

Business, Bankruptcy & Debt

Status: In Good Standing Licensed: 18 Years

CONTACT

110 Genesee St, Auburn, NY 13021

Richard William Gunger

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

Status: In Good Standing

CONTACT

5 Court St, Auburn, NY 13021

Michael Gleason Bersani

Motor Vehicle, Wrongful Termination, Civil & Human Rights, Collection, Accident & Injury

Status: Retired

CONTACT

71 South St, Auburn, NY 13021

David Alan Contiguglia

Real Estate, Estate, Civil & Human Rights, Bankruptcy & Debt

Status: In Good Standing

CONTACT

100 Genesee St, Auburn, NY 13021

Joseph A. Camardo

Business, Bankruptcy

Status: In Good Standing

CONTACT

127 Genesee St, Auburn, NY 13021

800-923-0641

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LEGAL TERMS

CHAPTER 13 PLAN

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to ... (more...)

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to pay all mandatory debts -- for example, back child support, taxes, and mortgage arrearages -- as well as some or all unsecured, nonpriority debts, such as medical and credit card bills.

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.

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.

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.

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).

401(K) PLAN

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income ... (more...)

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income taxes on the amount invested and any earnings are due until the employee withdraws money from the fund.

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.

King Ferry Bankruptcy & Debt Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

George D. Patte

Richard P. Ruswick

Lee Matthew Van Houten

Walter Charles Foulke

Manford Benjamin Susman

Kristin Leeann Garland

Richard William Gunger

Michael Gleason Bersani

David Alan Contiguglia

Joseph A. Camardo

TIPS

LEGAL TERMS

CHAPTER 13 PLAN

ADMINISTRATIVE EXPENSES

IRS EXPENSES

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

CREDIT REPORT

401(K) PLAN

MEANS TEST

FDCPA

FCRA

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