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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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John Weber

✓ VERIFIED

Bankruptcy & Debt, Real Estate, Estate, Credit & Debt, Collection

With the singular focus of individual Bankruptcy Law, we bring a collective effort to delivering personalized and effective representation to each of ... (more)

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CONTACT

800-910-2530

PO box 866, Amityville, NY 11701

Steven William Stutman

✓ VERIFIED

Real Estate, Consumer Bankruptcy, Wills & Probate, Bankruptcy

Steven Stutman is a practicing lawyer in the state of New York handling Real Estate and Estate matters.

FREE CONSULTATION

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631-393-6001

535 Broadhollow Road, Melville, NY 11747

Peter Corey

Bankruptcy & Debt

Status: In Good Standing

FREE CONSULTATION

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135 Pinelawn Road, Melville, NY 11747

Richard L. Stern

Bankruptcy & Debt

Status: In Good Standing

FREE CONSULTATION

CONTACT

135 Pinelawn Road, Melville, NY 11747

Stacy Wardle

Family Law, DUI-DWI, Elder Law, Bankruptcy

Status: In Good Standing Licensed: 35 Years

CONTACT

330 Broadway, Amityville, NY 11701

Ralph Angelo Somma

Wrongful Termination, Employment Discrimination, Employee Rights, Bankruptcy & Debt

Status: In Good Standing

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175 W Main St, Babylon, NY 11702

Paul Roman Decarlo

Industry Specialties, Business, Bankruptcy & Debt

Status: In Good Standing Licensed: 36 Years

CONTACT

175 W Main St, Babylon, NY 11702

Bennett Ross Shelsky

Business, Residential Real Estate, Divorce & Family Law, Contract, Commercial Bankruptcy

Status: In Good Standing Licensed: 30 Years

CONTACT

1 John St, Babylon, NY 11702

Ivars Berzins

Bankruptcy & Debt, Lawsuit & Dispute, Estate, Real Estate, Wills & Probate

Status: In Good Standing Licensed: 60 Years

CONTACT

484 W Main St, Babylon, NY 11702

Irving Like

Real Estate, Immigration, Bankruptcy

Status: Deceased Licensed: 75 Years

CONTACT

179 Little East Neck Rd, Babylon, NY 11704

800-923-0641

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LEGAL TERMS

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.

WINDING UP

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, a... (more...)

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, all with the ultimate goal of liquidating or closing down a corporation or partnership.

GENERAL PARTNER

A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners), is personally liable for all the... (more...)

A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners), is personally liable for all the business's debts and obligations. A general partner's actions can legally bind the entire business. See also partnership, limited partnership.

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.

DEBIT CARD

A card issued by a bank that combines the functions of an ATM card and checks. A debit card can be used to withdraw cash at a bank like an ATM card, and it can ... (more...)

A card issued by a bank that combines the functions of an ATM card and checks. A debit card can be used to withdraw cash at a bank like an ATM card, and it can also be used at stores to pay for goods and services in place of a check. Unlike a credit card, a debit card automatically withdraws money from your checking account at the time of the transaction. Debit cards are regulated by the Electronic Funds Transfer Act.

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.

FDCPA

See Fair Debt Collections & Practices Act.

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.

LIMITED LIABILITY

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or ... (more...)

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or a person who invests in a corporation (a shareholder) generally stands to lose only the amount of money invested in the business. This means that if the business folds, creditors cannot seize or sell an owner's home, car, or other personal assets.

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Wyandanch Bankruptcy & Debt Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

John Weber

Steven William Stutman

Peter Corey

Richard L. Stern

Stacy Wardle

Ralph Angelo Somma

Paul Roman Decarlo

Bennett Ross Shelsky

Ivars Berzins

Irving Like

TIPS

LEGAL TERMS

DEBT COLLECTOR

WINDING UP

GENERAL PARTNER

PRIORITY DEBT

DEBIT CARD

SECRET WARRANTY PROGRAM

FDCPA

UNDUE HARDSHIP

LIMITED LIABILITY

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