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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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Angela Tese-Milner

Bankruptcy & Debt

Status: In Good Standing Licensed: 42 Years

CONTACT

735 Wickham Avenue, Mattituck, NY 11952

Scott Desimone

Real Estate, Labor Law, DUI-DWI, Credit & Debt

Status: In Good Standing

CONTACT

41780 Route 25, Peconic, NY 11958

William Robert Dalsimer

Estate, Divorce & Family Law, Bankruptcy & Debt

Status: In Good Standing Licensed: 57 Years

CONTACT

Southampton, NY 11969

Joseph Seth Tusa

Consumer Bankruptcy

Status: In Good Standing Licensed: 29 Years

CONTACT

Southold, NY 11971

Christian H W Mittweg

Industry Specialties, Business, Bankruptcy & Debt

Status: In Good Standing Licensed: 39 Years

CONTACT

366 Edge Of Woods Rd, Water Mill, NY 11976

James Michael O'Shea

Landlord-Tenant, Criminal, Business, Bankruptcy

Status: In Good Standing Licensed: 43 Years

CONTACT

250 N Sea Rd, Southampton, NY 11968

Evans Michael Hillen

International, Bankruptcy & Debt

Status: In Good Standing Licensed: 14 Years

CONTACT

148 E Montauk Hwy, Hampton Bays, NY 11946

Thomas W.E Joyce

Real Estate, Estate, Consumer Rights, Bankruptcy & Debt

Status: In Good Standing Licensed: 62 Years

CONTACT

Southampton, NY 11969

Gilbert G. Flanagan

Industry Specialties, Business, Bankruptcy & Debt

Status: In Good Standing Licensed: 46 Years

CONTACT

21 S Main St, Southampton, NY 11968

Melinda Anne Rubin

Immigration, Divorce, Civil Rights, Credit & Debt, Products Liability

Status: In Good Standing Licensed: 32 Years

CONTACT

147 W Montauk Hwy, Hampton Bays, NY 11946

800-923-0641

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LEGAL TERMS

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.

COLLATERAL

Property that guarantees payment of a secured debt.

SECURED DEBT

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collater... (more...)

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collateral, to satisfy the debt if you default. Compare unsecured debt.

DOING BUSINESS AS (DBA)

A situation in which a business owner operates a company under a name different from his or her real name. The owner must file a 'fictitious name statement' or ... (more...)

A situation in which a business owner operates a company under a name different from his or her real name. The owner must file a 'fictitious name statement' or similar document with the appropriate agency -- for example, the county clerk. This enables consumers to discover the names of the business owners, which is important if a consumer needs to sue the business.

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.

CCCS

See Consumer Credit Counseling Service.

UNDUE HARDSHIP

The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in t... (more...)

The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in the future to pay off the loan may be able to show that repayment would be an undue hardship.

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.

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.

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New Suffolk Bankruptcy & Debt Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Angela Tese-Milner

Scott Desimone

William Robert Dalsimer

Joseph Seth Tusa

Christian H W Mittweg

James Michael O'Shea

Evans Michael Hillen

Thomas W.E Joyce

Gilbert G. Flanagan

Melinda Anne Rubin

TIPS

LEGAL TERMS

DEBT COLLECTOR

COLLATERAL

SECURED DEBT

DOING BUSINESS AS (DBA)

CREDIT COUNSELING

CCCS

UNDUE HARDSHIP

ADMINISTRATIVE EXPENSES

DEBIT CARD

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