Bay Shore Collection Lawyer, New York

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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 Mark Sciandra

Collection

Status: Licensed: 9 Years

CONTACT

400 Carleton Ave, Central Islip, NY 11722

Krista Marie Rose

Collection, Bankruptcy

Status: Licensed: 12 Years

CONTACT

1787 Veterans Memorial Highway, Islandia, NY 11749

Paul John Klemm

Civil Rights, Business, Collection, Bankruptcy, Credit & Debt

Status: Licensed: 27 Years

CONTACT

1787 Veterans Highway, Islandia, NY 11749

Edward L. Zelmanow

Insurance, Contract, Collection, Bankruptcy & Debt

Status:

CONTACT

1787 Veterans Hwy, Islandia, NY 11749

David Chaim Rothman

Criminal, Corporate, Collection, Bankruptcy

Status: Licensed: 11 Years

CONTACT

1787 Veterans Memorial Hwy, Islandia, NY 11749

Keith Harvey Rothman

Real Estate, Government, Collection, Bankruptcy

Status: Licensed: 50 Years

CONTACT

1787 Veterans Hwy, Islandia, NY 11749

Jacqueline Ann Lazar

Collection, Bankruptcy

Status: Licensed: 13 Years

CONTACT

1787 Veterans Hwy, Islandia, NY 11749

Eric Samuel Pillischer

Real Estate, Collection, Bankruptcy

Status: Licensed: 35 Years

CONTACT

1787 Veterans Hwy, Islandia, NY 11749

Alan Peter Pressman

Bankruptcy, Bankruptcy & Debt, DUI-DWI, Criminal, Collection

Status: Licensed: 45 Years

CONTACT

2950 Express Dr S, Islandia, NY 11749

Michael C Di Giaro

Collection

Status: Licensed: 15 Years

CONTACT

2950 Express Dr S, Islandia, NY 11749

800-814-6700

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LEGAL TERMS

IRS EXPENSES

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income mu... (more...)

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income must use the IRS expenses to calculate their average net income in a Chapter 7 case, or their disposable income in a Chapter 13 case.

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.

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.

CCCS

See Consumer Credit Counseling Service.

LIABILITY

(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pi... (more...)

(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pipe bursts the day after Paul installs it, ruining the bathroom floor. This raises the issue of liability: Who is responsible for the damage? Peri claims that Paul is responsible, and sues him for the cost of hiring another plumber to fix the pipe and replacing the floor. Paul, in turn, claims that the pipe manufacturer is responsible, because they supplied him with faulty materials. Both Peri and Paul must prove their claims in court; if Paul and/or the manufacturer is found liable, one or both will have to pay damages to Peri. (2) Something for which a person is liable. For example, a debt is often called a liability.

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.

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.

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.

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Bay Shore Collection Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

John Mark Sciandra

Krista Marie Rose

Paul John Klemm

Edward L. Zelmanow

David Chaim Rothman

Keith Harvey Rothman

Jacqueline Ann Lazar

Eric Samuel Pillischer

Alan Peter Pressman

Michael C Di Giaro

TIPS

LEGAL TERMS

IRS EXPENSES

MEETING OF CREDITORS

HOUSEHOLDER

WORKOUT

CCCS

LIABILITY

WINDING UP

GARNISHMENT

NONEXEMPT PROPERTY

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