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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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Jesus Antonio Cachaya

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Accident & Injury, Criminal, Divorce & Family Law, Immigration, Bankruptcy & Debt

We have offices located in Westchester, White Plains and New York City and we represent clients throughout all of New York State in various legal matt... (more)

FREE CONSULTATION

CONTACT

800-318-9750

203 E Post Rd, White Plains, NY 10601

Michael H. Schwartz

Foreclosure, Reorganization, Credit & Debt, Consumer Bankruptcy

Status: In Good Standing Licensed: 42 Years

FREE CONSULTATION

CONTACT

One Water Street, White Plains, NY 10601

Donald H. London

Immigration, Bankruptcy & Debt, Visa

Status: In Good Standing Licensed: 42 Years

CONTACT

984 North Broadway, Yonkers, NY 10701

Douglas Martino

Divorce & Family Law, Criminal, Bankruptcy & Debt, Accident & Injury

Status: In Good Standing Licensed: 40 Years

CONTACT

800 Westchester Ave, Rye Brook, NY 10573

James Rufo

Bankruptcy & Debt, Foreclosure, Real Estate Other, Consumer Bankruptcy

Status: In Good Standing

FREE CONSULTATION

CONTACT

1133 Westchester Ave., White Plains, NY 10604

Peter Ackerman

Government, Insurance, Collection

Status: In Good Standing Licensed: 47 Years

CONTACT

222 Mamaroneck Ave, White Plains, NY 10605

Gerard P. Brady

Construction, Real Estate, Banking & Finance, Credit & Debt

Status: In Good Standing Licensed: 38 Years

CONTACT

11 Martine Avenue, White Plains, NY 10606

Daniel F. Florio

Corporate, Collection, Commercial Leasing, Construction Contracts

Status: In Good Standing Licensed: 28 Years

CONTACT

30 Glenn Street, White Plains, NY 10603

Kenneth Michael Lewis

Litigation, Corporate, Reorganization, Commercial Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

CONTACT

220 White Plains Rd, Tarrytown, NY 10591

Erina R. Ponzini

Wills & Probate, Estate, Business, Bankruptcy

Status: In Good Standing

CONTACT

140 Huguenot Street, New Rochelle, NY 10801

800-923-0641

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LEGAL TERMS

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.

GARNISHMENT

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if ... (more...)

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if she loses a lawsuit filed by the creditor. Up to 25% of a person's wages can be deducted.

FCBA

See Fair Credit Billing Act.

TRADE NAME

The official name of a business, the one it uses on its letterhead and bank account when not dealing with consumers.

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.

CREDIT INSURANCE

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay o... (more...)

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay off the remaining balance. Federal and state consumer protection laws require the lender to disclose to existing and potential borrowers the terms and costs of obtaining credit insurance because it can affect the terms of the loan.

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.

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.

CREDIT BUREAU

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit... (more...)

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit card companies that use the information to screen applicants for loans and credit cards. There are three major credit bureaus, Equifax, Experian and Trans Union, and they are regulated by the federal Fair Credit Reporting Act.

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Westchester County, NY Bankruptcy & Debt Lawyers

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Jesus Antonio Cachaya

Michael H. Schwartz

Donald H. London

Douglas Martino

James Rufo

Peter Ackerman

Gerard P. Brady

Daniel F. Florio

Kenneth Michael Lewis

Erina R. Ponzini

TIPS

LEGAL TERMS

FAIR CREDIT BILLING ACT (FCBA)

GARNISHMENT

FCBA

TRADE NAME

NONEXEMPT PROPERTY

CREDIT INSURANCE

MEETING OF CREDITORS

HOUSEHOLDER

CREDIT BUREAU

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