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Mill Neck Bankruptcy & Debt Lawyer, New York

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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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Shawn Joseph Creedon

Bankruptcy & Debt

Status: In Good Standing Licensed: 22 Years

252 Oyster Bay Rd, Locust Valley, NY 11560

Alan Vanpraag

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

Status: In Good Standing Licensed: 53 Years

55 Hamilton Ave, Glen Head, NY 11771

Robin Beth Schoenfeld

Divorce, Collection

Status: In Good Standing Licensed: 37 Years

64 Anstice St, Glen Head, NY 11771

Brian Jonathan Davis

General Practice

Status: In Good Standing Licensed: 41 Years

26 Schoolhouse Pl, Glen Head, NY 11771

Brian John Davis

Government, Divorce & Family Law, Criminal, Credit & Debt

Status: In Good Standing Licensed: 41 Years

26 Schoolhouse Pl, Glen Head, NY 11771

Brian John Davis

Government, Divorce & Family Law, Criminal, Credit & Debt

Status: In Good Standing

26 Schoolhouse Pl, Glen Head, NY 11771

Brian J. Davis

Government, Divorce & Family Law, Criminal, Credit & Debt

Status: In Good Standing

26 Schoolhouse Pl, Glen Head, NY 11771

Brian Jonathan Davis

Government, Divorce & Family Law, Criminal, Credit & Debt

Status: In Good Standing Licensed: 41 Years

26 Schoolhouse Pl, Glen Head, NY 11771

Richard Edward Gresio

Family Law, Bankruptcy

Status: In Good Standing Licensed: 24 Years

5 Brewster St, Glen Cove, NY 11542

Michael Adam Shichman

Family Law, Collection, Commercial Bankruptcy

Status: In Good Standing Licensed: 42 Years

109 High Farms Rd, Glen Head, NY 11545

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LEGAL TERMS

LIQUIDATING PARTNER

The member of an insolvent or dissolving partnership responsible for paying the debts and settling the accounts of the partnership.

HOUSEHOLDER

A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a ho... (more...)

A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a homestead exemption and possibly other exemptions relating to the maintenance of the household.

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.

CREDIT COUNSELING

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Unde... (more...)

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Under the new bankruptcy law, a debtor must undergo credit counseling with an approved provider before filing for bankruptcy.

COLLECTION AGENCY

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the d... (more...)

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the debt themselves, typically through letters (called 'dunning' letters) and telephone calls. Collection agencies are regulated by the federal Fair Debt Collection Practices Act. Unfortunately, too many collectors ignore this law.

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.

FCBA

See Fair Credit Billing Act.

CREDITOR

A person or entity (such as a bank) to whom a debt is owed.

GUARANTOR

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. T... (more...)

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. The guarantor gives a 'guaranty,' which is an assurance that the debt or other obligation will be fulfilled.

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