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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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Bernard D. Levine

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Bankruptcy & Debt, Estate, Real Estate, DUI-DWI, Divorce & Family Law

Bernard D. Levine is a practicing lawyer in the state of New York.

CONTACT

800-736-0841

70 Linden Oaks Office Park, Rochester, NY 14625

Kenneth Gallant

Bankruptcy & Debt, Bankruptcy, Credit & Debt

Status:

FREE CONSULTATION

CONTACT

1425 Jefferson Road, Rochester, NY 14623

Leo Paul Kehoe

Real Estate, Lawsuit & Dispute, Family Law, Bankruptcy & Debt

Status: Licensed: 64 Years

CONTACT

6624 Briscoe Cove, North Rose, NY 14516

Edwin P. Frick

Estate, Wrongful Termination, Criminal, Bankruptcy

Status: Licensed: 12 Years

CONTACT

6 E Main St, Sodus, NY 14551

John Lindsay Grow

Estate, Divorce & Family Law, Civil & Human Rights, Bankruptcy

Status: Licensed: 32 Years

CONTACT

6431 State Route 21, Williamson, NY 14589

Roy Graham Franks

Foreclosure, Employment, Bankruptcy

Status: Licensed: 13 Years

CONTACT

77 Water St, Lyons, NY 14489

Michael D Calarco

Trusts, Estate, Collection, Bankruptcy

Status: Licensed: 35 Years

CONTACT

605 Mason St, Newark, NY 14513

Anita L. Pelletier

Education, Tax Litigation, International Tax, Health Care Other, Reorganization

Status: Licensed: 24 Years

CONTACT

1788 Plank Rd, Webster, NY 14580

David Ettman

Advertising, Family Law, Criminal, Bankruptcy

Status: Licensed: 35 Years

CONTACT

115 Fall St, Seneca Falls, NY 13148

David B. Cook

Other, Government, Bankruptcy

Status: Licensed: 47 Years

CONTACT

153 W Main St, Webster, NY 14580

800-814-6700

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LEGAL TERMS

FORBEARANCE

Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily ... (more...)

Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily postponing or reducing the borrower's payments.

FRATERNAL BENEFIT SOCIETY BENEFITS

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal socie... (more...)

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal societies that provide benefits. Also called benefit society, benevolent society or mutual aid association benefits. Under bankruptcy laws, these benefits are virtually always considered exempt property.

LIMITED PARTNERSHIP

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner ... (more...)

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner or partners (called general partners) have unlimited personal liability. The key difference between a general and limited partner concerns management decision making--general partners run the business, and limited partners, who are usually passive investors, are not allowed to make day-to-day business decisions. If they do, they risk being treated as general partners with unlimited personal liability.

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.

COLLECTION AGENCY

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the d... (more...)

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the debt themselves, typically through letters (called 'dunning' letters) and telephone calls. Collection agencies are regulated by the federal Fair Debt Collection Practices Act. Unfortunately, too many collectors ignore this law.

TOXIC TORT

A personal injury caused by exposure to a toxic substance, such as asbestos or hazardous waste. Victims can sue for medical expenses, lost wages and pain and su... (more...)

A personal injury caused by exposure to a toxic substance, such as asbestos or hazardous waste. Victims can sue for medical expenses, lost wages and pain and suffering.

WORKOUT

A debtor's plan to take care of a debt, by paying it off or through loan forgiveness. Workouts are often created to avoid bankruptcy or foreclosure proceedings.

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.

FRAUDULENT TRANSFER

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee --... (more...)

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee -- for instance, when a debtor signs a car over to a relative to keep it out of the bankruptcy estate. Fraudulently transferred property can be recovered and sold by the trustee for the benefit of the creditors.

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Alton Bankruptcy & Debt Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Bernard D. Levine

Kenneth Gallant

Leo Paul Kehoe

Edwin P. Frick

John Lindsay Grow

Roy Graham Franks

Michael D Calarco

Anita L. Pelletier

David Ettman

David B. Cook

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LEGAL TERMS

FORBEARANCE

FRATERNAL BENEFIT SOCIETY BENEFITS

LIMITED PARTNERSHIP

MEANS TEST

COLLECTION AGENCY

TOXIC TORT

WORKOUT

FAIR CREDIT BILLING ACT (FCBA)

FRAUDULENT TRANSFER

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