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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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Andrew N. Greher

Alimony & Spousal Support, Adoption, Bankruptcy Litigation, Bankruptcy

Status: In Good Standing Licensed: 24 Years

CONTACT

1161 Little Britain Rd, Newburgh, NY 12553

Andrew N. Greher

Real Estate, Bankruptcy & Debt

Status: In Good Standing Licensed: 24 Years

CONTACT

1161 Little Britain Rd, Newburgh, NY 12553

Andrew S. Krieger

Real Estate, Government, Bankruptcy & Debt

Status: In Good Standing Licensed: 48 Years

CONTACT

225 Parkway Dr, Newburgh, NY 12553

Benjamin Mark Wilkinson

Employment, Civil Rights, Insurance, Bankruptcy & Debt

Status: In Good Standing

CONTACT

555 Hudson Valley Avenue, New Windsor, NY 12553

Edward Papa

Bankruptcy & Debt, Real Estate, Divorce, Estate

Status: In Good Standing Licensed: 23 Years

FREE CONSULTATION

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436-B Robinson Avenue, Newburgh, NY 12550

Gene L Grobstein

Family Law, Divorce, Bankruptcy

Status: In Good Standing

CONTACT

10 Little Britain Rd, Newburgh, NY 12550

Gisele Camielle Rosado

Commercial Real Estate, Contract, Credit & Debt, Civil Rights

Status: In Good Standing Licensed: 19 Years

CONTACT

717 Broadway, Newburgh, NY 12550

Gisele Camielle Rosado

Commercial Real Estate, Civil Rights, Contract, Credit & Debt

Status: In Good Standing Licensed: 19 Years

CONTACT

717 Broadway, Newburgh, NY 12550

Glen L. Heller

Landlord-Tenant, Estate, Bankruptcy & Debt, Car Accident

Status: In Good Standing

CONTACT

555 Hudson Valley Ave, Newburgh, NY 12553

Jacqueline Mcbride Gaillard

Education, Traffic, Employment, Bankruptcy & Debt

Status: In Good Standing Licensed: 28 Years

CONTACT

37 Duncan Ave, Cornwall On Hudson, NY 12520

800-923-0641

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LEGAL TERMS

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.

SECRET WARRANTY PROGRAM

A program under which a car manufacturer will make repairs for free on vehicles with persistent problems, even after the warranty has expired, in order to avoid... (more...)

A program under which a car manufacturer will make repairs for free on vehicles with persistent problems, even after the warranty has expired, in order to avoid a recall and the accompanying bad press. Secret warranties are rarely advertised by the manufacturer, so consumers must pursue the manufacturer to discover and take advantage of them. A few states require manufacturers to notify car buyers when they adopt secret warranty programs.

FCRA

See Fair Credit Reporting Act.

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.

BANKRUPTCY TRUSTEE

A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is t... (more...)

A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is to gather the debtor's nonexempt property, liquidate it and distribute it proportionally to her creditors. In a Chapter 13 case, the trustee's role is to receive the debtor's monthly payments and distribute them proportionally to her creditors.

TRUTH IN LENDING ACT (TILA)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disc... (more...)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disclose the terms of a loan, including the total amount of the loan, the annual interest rate and the number, amount and due dates of all payments necessary to repay the loan. The TILA requires additional disclosures and places many restrictions on mortgages.

FAIR LABOR STANDARDS ACT (FLSA)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements ... (more...)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements for overtime and places restrictions on child labor.

PRESUMED ABUSE

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means te... (more...)

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means test, the court will presume that the debtor has sufficient income to fund a Chapter 13 plan. In this situation, the debtor will not be allowed to proceed with a Chapter 7 bankruptcy unless the debtor can prove that he or she is not abusing the Chapter 7 bankruptcy remedy.

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New Windsor Bankruptcy & Debt Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Andrew N. Greher

Andrew N. Greher

Andrew S. Krieger

Benjamin Mark Wilkinson

Edward Papa

Gene L Grobstein

Gisele Camielle Rosado

Gisele Camielle Rosado

Glen L. Heller

Jacqueline Mcbride Gaillard

TIPS

LEGAL TERMS

UNDUE HARDSHIP

ADMINISTRATIVE EXPENSES

SECRET WARRANTY PROGRAM

FCRA

SUBROGATION

BANKRUPTCY TRUSTEE

TRUTH IN LENDING ACT (TILA)

FAIR LABOR STANDARDS ACT (FLSA)

PRESUMED ABUSE

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