Wayne County, NY Workout Lawyers

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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 Wayne Workout lawyer.
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J Mark Krause

Collective Bargaining, Alimony & Spousal Support, Discrimination, Corporate

Status: In Good Standing

CONTACT

19 W. Main St., Macedon, NY 14502

Victor B. Chambers

Criminal, Divorce & Family Law, Estate, Criminal

Status: In Good Standing Licensed: 54 Years

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105 Maple Ct, Newark, NY 14513

Mark Christopher Williams

Real Estate

Status: In Good Standing Licensed: 13 Years

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605 Mason St, Newark, NY 14513

James Francis Foley

Foreclosure, Traffic, Dispute Resolution, State and Local

Status: In Good Standing Licensed: 51 Years

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Palmyra, NY 14522

Ann Firestine Foley

General Practice

Status: In Good Standing Licensed: 44 Years

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Palmyra, NY 14522

Patricia M. Crippen

Government, Family Law, Adoption

Status: In Good Standing Licensed: 47 Years

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6301 Furnace Rd, Ontario, NY 14519

Mary Sue Brooks

International, Intellectual Property, Corporate, Business Organization

Status: In Good Standing Licensed: 20 Years

CONTACT

6546 Pound Rd, Williamson, NY 14589

Christine Carol Lachnicht

Commercial Real Estate, Trusts, Corporate, Banking & Finance

Status: In Good Standing

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634 South Main Street, Newark, NY 14513

David Peter Saracino

General Practice

Status: In Good Standing

CONTACT

110 High St, Newark, NY 14513

John P. Morell

Real Estate, Government, Estate, Business

Status: In Good Standing Licensed: 28 Years

CONTACT

224 E Main St, Palmyra, NY 14522

800-923-0641

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LEGAL TERMS

INFRINGEMENT (OF TRADEMARK)

Unauthorized use of a protected trademark or service mark, or use of something very similar to a protected mark. The success of a lawsuit to stop the infringeme... (more...)

Unauthorized use of a protected trademark or service mark, or use of something very similar to a protected mark. The success of a lawsuit to stop the infringement turns on whether the defendant's use causes a likelihood of confusion in the average consumer. If a court determines that the average consumer would be confused, the owner of the original mark can prevent the other's use of the infringing mark and sometimes collect damages.

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.

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.

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.

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.

PRIORITY DEBT

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13... (more...)

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13 bankruptcy. Priority debts include alimony and child support, fees owed to the trustee and the attorney in the bankruptcy case, and wages owed to employees.

CHAPTER 13 BANKRUPTCY

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your inc... (more...)

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your income to pay all or a portion of the debts over three to five years. The minimum amount you must pay is roughly equal to the value of your nonexempt property. In addition, you must pledge your disposable net income -- after subtracting reasonable expenses -- for the period during which you are making payments. At the end of the three-to five-year period, the balance of what you owe on most debts is erased.

COLLATERAL

Property that guarantees payment of a secured debt.

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

A national non-profit agency that, at no cost, helps debtors plan budgets and repay their debts. One major criticism of CCCS is that each office is primarily fu... (more...)

A national non-profit agency that, at no cost, helps debtors plan budgets and repay their debts. One major criticism of CCCS is that each office is primarily funded by voluntary donations from the creditors that receive payments from debtors repaying their debts through that office. Despite this criticism, most CCCS counselors provide clients with thorough and neutral advice.

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Wayne County, NY Workout Lawyers

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

J Mark Krause

Victor B. Chambers

Mark Christopher Williams

James Francis Foley

Ann Firestine Foley

Patricia M. Crippen

Mary Sue Brooks

Christine Carol Lachnicht

David Peter Saracino

John P. Morell

TIPS

LEGAL TERMS

INFRINGEMENT (OF TRADEMARK)

HOUSEHOLDER

DEBT COLLECTOR

ADMINISTRATIVE EXPENSES

INTEREST

PRIORITY DEBT

CHAPTER 13 BANKRUPTCY

COLLATERAL

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

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