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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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Daniel J. Tyson

Lawsuit & Dispute, Criminal, Bankruptcy & Debt

Status:

CONTACT

677 Broadway, Albany, NY 12207

Robert Hall Iseman

Health Care, Employee Rights, Bankruptcy, Products Liability

Status:

CONTACT

66 S Pearl St, Albany, NY 12207

Michael J. Cunningham

Lawsuit & Dispute, Employee Rights, Bankruptcy, Products Liability, Personal Injury

Status:

CONTACT

66 S Pearl St, Albany, NY 12207

George Samuel King

Motor Vehicle, Bankruptcy, Immigration

Status: Licensed: 50 Years

CONTACT

Albany, NY 12205

Bruce Charles Bramley

Landlord-Tenant, Government, Criminal, Bankruptcy

Status: Licensed: 49 Years

CONTACT

230 Washington Avenue Ext, Albany, NY 12203

Richard Lee Weisz

Real Estate, Bankruptcy & Debt

Status: Licensed: 46 Years

CONTACT

677 Broadway, Albany, NY 12207

Charles Terry Kriss

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

Status: Licensed: 45 Years

CONTACT

350 Northern Blvd, Albany, NY 12204

Francis J. Smith

Bankruptcy & Debt

Status:

CONTACT

677 Broadway, Albany, NY 12207

Guy J. Criscione

Immigration, DUI-DWI, Bankruptcy & Debt

Status: Licensed: 44 Years

CONTACT

817 Madison Ave, Albany, NY 12208

Lawrence Edward Becker

Construction, Reorganization, Bankruptcy

Status: Licensed: 45 Years

CONTACT

148 Central Ave, Albany, NY 12206

800-814-6700

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800-943-8690

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LEGAL TERMS

MEANS TEST

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income ... (more...)

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income for his or her state should be allowed to file for Chapter 7 bankruptcy.

DEFINED CONTRIBUTION PLAN

A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount ... (more...)

A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount every month, or every year, for each employee. The employer usually pays a fixed percentage of an employee's wages or salary, although sometimes the amount is a fraction of the company's profits, with the size of each employee's pension share depending on the amount of wage or salary. Upon retirement, each employee's pension is determined by how much was contributed to the fund on behalf of that employee over the years, plus whatever earnings that money has accumulated as part of the investments of the entire pension fund.

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.

GUARANTOR

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. T... (more...)

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. The guarantor gives a 'guaranty,' which is an assurance that the debt or other obligation will be fulfilled.

GUARANTEED RESERVATION

A hotel or rental car reservation secured by a credit card number. In exchange for your card number, the hotel or rental agency promises to have a room or vehic... (more...)

A hotel or rental car reservation secured by a credit card number. In exchange for your card number, the hotel or rental agency promises to have a room or vehicle for you no matter when you show up. If you have a guaranteed reservation with a hotel, it must provide you with a room, either at that hotel or at another comparable establishment. If you have a guaranteed reservation with a car agency, it must provide you with a vehicle. The downside of a guaranteed reservation is that if you don't show up and haven't cancelled your reservation, you will be billed for one night in the room or one day's use of the vehicle.

DISCHARGE (OF DEBTS)

A bankruptcy court's erasure of the debts of a person or business that has filed for bankruptcy.

CYBERSQUATTING

Buying a domain name that reflects the name of a business or famous person with the intent of selling the name back to the business or celebrity for a profit. T... (more...)

Buying a domain name that reflects the name of a business or famous person with the intent of selling the name back to the business or celebrity for a profit. The Anticybersquatting Consumer Protection Act of 1999 authorizes a cybersquatting victim to file a federal lawsuit to regain a domain name or sue for financial compensation. Under the act, registering, selling or using a domain name with the intent to profit from someone else's good name is considered cybersquatting. Victims of cybersquatting can also use the provisions of the Uniform Domain Name Dispute Resolution Policy adopted by ICANN, an international tribunal administering domain names. This international policy results in arbitration of the dispute, not litigation.

FCRA

See Fair Credit Reporting Act.

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.

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Acra Bankruptcy & Debt Lawyer, New York, page 3

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Daniel J. Tyson

Robert Hall Iseman

Michael J. Cunningham

George Samuel King

Bruce Charles Bramley

Richard Lee Weisz

Charles Terry Kriss

Francis J. Smith

Guy J. Criscione

Lawrence Edward Becker

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LEGAL TERMS

MEANS TEST

DEFINED CONTRIBUTION PLAN

401(K) PLAN

GUARANTOR

GUARANTEED RESERVATION

DISCHARGE (OF DEBTS)

CYBERSQUATTING

FCRA

ADMINISTRATIVE EXPENSES

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