Bombay Reorganization 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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Carrie Elizabeth Garrow

Lawsuit & Dispute, Government, Indians & Native Populations

Status: Licensed: 30 Years

CONTACT

882 State Route 37, Hogansburg, NY 13655

Dale Thomas White

General Practice

Status: Licensed: 45 Years

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71 Margaret Terrance Memorial Way, Hogansburg, NY 13655

Dawn Marie Schmidt

General Practice

Status: Licensed: 32 Years

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170 Frogtown Rd, Hogansburg, NY 13655

Johanne L. Sullivan

General Practice

Status: Licensed: 22 Years

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71 Margaret Terrance Memorial Way, Hogansburg, NY 13655

Lisa Garabedian

General Practice

Status: Licensed: 35 Years

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882 State Route 37, Hogansburg, NY 13655

Lorelei B. Smith Miller

General Practice

Status: Licensed: 22 Years

CONTACT

71 Margaret Terrance Memorial Way, Hogansburg, NY 13655

Lorraine Marie White

Government Agencies

Status: Licensed: 24 Years

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Hogansburg, NY 13655

Peter John Herne

General Practice

Status: Licensed: 26 Years

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1552 State Route 37, Hogansburg, NY 13655

Vaughn Nelson Aldrich

General Practice

Status: Licensed: 45 Years

CONTACT

Hogansburg, NY 13655

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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.

C CORPORATION

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S c... (more...)

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S corporation, whose profits are passed through to shareholders and taxed on their personal returns under subchapter S of the Internal Revenue Code.

SUBROGATION

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off i... (more...)

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off its injured claimant takes the legal rights the claimant has against a third party that caused the injury, and sues that third party.

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.

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.

CREDIT COUNSELING

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Unde... (more...)

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Under the new bankruptcy law, a debtor must undergo credit counseling with an approved provider before filing for bankruptcy.

CCCS

See Consumer Credit Counseling Service.

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.

Bombay Reorganization Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Carrie Elizabeth Garrow

Dale Thomas White

Dawn Marie Schmidt

Johanne L. Sullivan

Lisa Garabedian

Lorelei B. Smith Miller

Lorraine Marie White

Peter John Herne

Vaughn Nelson Aldrich

TIPS

LEGAL TERMS

MEANS TEST

C CORPORATION

SUBROGATION

ADMINISTRATIVE EXPENSES

IRS EXPENSES

CREDIT COUNSELING

CCCS

WINDING UP

CREDIT FILE

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