Potsdam 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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Not enough matches for Potsdam Bankruptcy & Debt lawyer.
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Patrick Joseph Cappello

General Practice

Status: In Good Standing Licensed: 14 Years

CONTACT

76 Market St, Potsdam, NY 13676

Francis Peter Cappello

Real Estate, Estate, Business

Status: In Good Standing Licensed: 52 Years

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76 Market St, Potsdam, NY 13676

Patrick Cappello

Real Estate, Divorce & Family Law, Business, Accident & Injury

Status: In Good Standing Licensed: 14 Years

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76 Market St, Potsdam, NY 13676

Verner Merritt Ingram

Family Law, Adoption, Divorce & Family Law, Criminal

Status: In Good Standing Licensed: 55 Years

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Potsdam, NY 13676

Jane Sarah Garland

Divorce

Status: In Good Standing Licensed: 25 Years

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Potsdam, NY 13676

Joseph Timothy Welch

General Practice

Status: In Good Standing Licensed: 26 Years

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Potsdam, NY 13676

Benjamin George Johns

General Practice

Status: In Good Standing Licensed: 17 Years

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200 Market St, Potsdam, NY 13676

David Burgess Acker

General Practice

Status: In Good Standing Licensed: 46 Years

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50 Leroy St, Potsdam, NY 13676

Jerry C. Leek

Real Estate, Estate, Divorce & Family Law, Accident & Injury

Status: In Good Standing Licensed: 54 Years

CONTACT

107 S Canton Rd, Potsdam, NY 13676

Robert J. Sassone

General Practice

Status: In Good Standing Licensed: 48 Years

CONTACT

40 S Main St, Norwood, NY 13668

800-923-0641

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LEGAL TERMS

UNSECURED DEBT

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only reme... (more...)

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only remedy is to sue you and get a judgment. Compare secured debt.

REPOSSESSION

A creditor's taking property that has been pledged as collateral for a loan. Lenders will most often repossess cars when the owner has missed loan payments and ... (more...)

A creditor's taking property that has been pledged as collateral for a loan. Lenders will most often repossess cars when the owner has missed loan payments and has not attempted to work with the lender to resolve the problem. A repossessor can't use force to get at your car, but he can legally hot-wire it and even drive it out of your unlocked garage.

C CORPORATION

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S c... (more...)

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S corporation, whose profits are passed through to shareholders and taxed on their personal returns under subchapter S of the Internal Revenue Code.

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.

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.

LIEN

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortg... (more...)

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortgages, home equity loans, car loans and personal loans for which you pledge property to guarantee repayment. Liens created without your consent are called nonconsensual liens, and include judgment liens (liens filed by a creditor who has sued you and obtained a judgment), tax liens and mechanics liens (liens filed by a contractor who worked on your house but wasn't paid).

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.

FAIR CREDIT BILLING ACT (FCBA)

A federal law that gives you rights when an error occurs on your credit card statement. You must notify the credit card company of the mistake within 60 days af... (more...)

A federal law that gives you rights when an error occurs on your credit card statement. You must notify the credit card company of the mistake within 60 days after it mailed the bill to you. The company must then correct the mistake, or at least acknowledge receipt of your letter within 30 days, and must correct the error within 90 days or explain why it believes the credit card statement is correct.

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.

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Potsdam Bankruptcy & Debt Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Patrick Joseph Cappello

Francis Peter Cappello

Patrick Cappello

Verner Merritt Ingram

Jane Sarah Garland

Joseph Timothy Welch

Benjamin George Johns

David Burgess Acker

Jerry C. Leek

Robert J. Sassone

TIPS

LEGAL TERMS

UNSECURED DEBT

REPOSSESSION

C CORPORATION

PRESUMED ABUSE

DISCHARGEABLE DEBTS

LIEN

401(K) PLAN

FAIR CREDIT BILLING ACT (FCBA)

SECRET WARRANTY PROGRAM

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