Port Jervis 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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Carol C. Pierce

Dispute Resolution, Arbitration, Corporate, Bankruptcy

Status: In Good Standing

CONTACT

10 Matthews Street, Goshen, NY 10924

Robert J. Buonomo

Bankruptcy, Business Organization, Insurance, Litigation

Status: In Good Standing

CONTACT

1997 State Route 17M, Goshen, NY 10924

James G. Yastion

Corporate, Collection, Complex Litigation, Credit & Debt

Status: In Good Standing

CONTACT

10 Matthews Street, Goshen, NY 10924

Douglas Michael Jones

Real Estate, Litigation, Medicare & Medicaid, Business, Bankruptcy & Debt

Status: In Good Standing Licensed: 34 Years

CONTACT

2 N Main St, Florida, NY 10921

Patrick Martin Mcloughlin

Landlord-Tenant, Wills & Probate, Employment Discrimination, Bankruptcy

Status: In Good Standing Licensed: 46 Years

CONTACT

305 Main St, Goshen, NY 10924

Simon David Haysom

Timeshare, Immigration, Divorce, Bankruptcy

Status: In Good Standing Licensed: 35 Years

CONTACT

Goshen, NY 10924

Christopher Paul Borek

DUI-DWI, Bankruptcy

Status: In Good Standing Licensed: 35 Years

CONTACT

255-275 Main St, Goshen, NY 10924

Melissa Ann Perry

Tax, Elder Law, Bankruptcy, Personal Injury, Tax Litigation

Status: In Good Standing Licensed: 10 Years

CONTACT

40 Matthews St, Goshen, NY 10924

Darren Harrel Fairlie

Lawsuit & Dispute, Family Law, Business, Bankruptcy & Debt

Status: In Good Standing Licensed: 19 Years

CONTACT

30 Park Pl, Goshen, NY 10924

Joseph J Reilly

Lawsuit & Dispute, Employment, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 23 Years

CONTACT

2002 Route 17M, Goshen, NY 10924

800-923-0641

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LEGAL TERMS

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.

MEETING OF CREDITORS

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a f... (more...)

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a few questions. In a Chapter 7, the meeting of creditors lasts a few minutes and rarely do any creditors show up. In a Chapter 13 bankruptcy, one or two creditors may attend, especially if they disagree with some provision of your repayment plan.

CREDITOR

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

DISCHARGEABLE DEBTS

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bill... (more...)

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bills and medical bills. Compare nondischargeable debts.

LIQUIDATING PARTNER

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

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.

FORBEARANCE

Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily ... (more...)

Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily postponing or reducing the borrower's payments.

INTEREST

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to ... (more...)

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to your balance. This means that if your loan or credit line has an interest rate of 8%, the holder adds 8% to the balance each year. More specifically, interest is calculated and added to your loan or credit line through a process called compounding. If interest is compounded daily, the balance will rise by 1/365th of 8% each day. If interest is compounded monthly, the balance will rise 1/12th of 8% at the start of each month.

NONEXEMPT PROPERTY

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typicall... (more...)

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typically includes valuable clothing (furs) and electronic equipment, an expensive car that's been paid off and most of the equity in your house. Compare exempt property.

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Port Jervis Bankruptcy & Debt Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Carol C. Pierce

Robert J. Buonomo

James G. Yastion

Douglas Michael Jones

Patrick Martin Mcloughlin

Simon David Haysom

Christopher Paul Borek

Melissa Ann Perry

Darren Harrel Fairlie

Joseph J Reilly

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LEGAL TERMS

401(K) PLAN

MEETING OF CREDITORS

CREDITOR

DISCHARGEABLE DEBTS

LIQUIDATING PARTNER

DOING BUSINESS AS (DBA)

FORBEARANCE

INTEREST

NONEXEMPT PROPERTY

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