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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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Includes: Bankruptcy Litigation, Commercial Bankruptcy, Consumer Bankruptcy, Dissolution

Richard H. Cole

Alimony & Spousal Support, Bankruptcy, Criminal, Divorce

Status:

CONTACT

37 Franklin St., Buffalo, NY 14202

John Albert Cappellini

White Collar Crime, Estate Planning, Bankruptcy, Contract, Natural Resources

Status: Licensed: 28 Years

CONTACT

1 East Main St., Cuba, NY 14727

John Kirby Colling

Traffic, Divorce & Family Law, Bankruptcy, Bankruptcy & Debt

Status: Licensed: 41 Years

CONTACT

Arcade, NY 14009

Jonathan B. Wile

Education, Child Custody, Criminal, Bankruptcy

Status: Licensed: 36 Years

CONTACT

8726 Crumb Hill Rd, East Otto, NY 14729

Dennis R. Dawson

Bankruptcy

Status: Licensed: 47 Years

CONTACT

Geneseo, NY 14454

Michael Lawrence Schwartz

Bankruptcy

Status:

CONTACT

Hamburg, NY 14075

Lee Jason Fabiatos

Workers' Compensation, Securities, Bankruptcy, Medical Malpractice

Status: Licensed: 12 Years

CONTACT

202 Main St, Hamburg, NY 14075

Richard James Friedman

Divorce, Divorce & Family Law, Securities, Bankruptcy

Status: Licensed: 18 Years

CONTACT

202 Main St, Hamburg, NY 14075

James Anthony Partacz

Government, Estate, Child Support, Bankruptcy

Status: Licensed: 45 Years

CONTACT

3890 Seneca St, Buffalo, NY 14224

James Carlton Thoman

Sports, Banking & Finance, Bankruptcy, Bankruptcy & Debt

Status: Licensed: 23 Years

CONTACT

140 Pearl St, Buffalo, NY 14224

800-814-6700

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LEGAL TERMS

FDCPA

See Fair Debt Collections & Practices Act.

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.

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.

COLLATERAL

Property that guarantees payment of a secured debt.

REDEMPTION

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump s... (more...)

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump sum. For example, a debtor may redeem a car note by paying the lender the amount a retail vendor would charge for the car, considering its age and condition.

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.

ACCORD AND SATISFACTION

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collectin... (more...)

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collecting as much money as they can from debtors who cannot pay the full amount.

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.

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.

SAMPLE LEGAL CASES

Barranco v. Cabrini Medical Center

... Department. Decided April 1, 2008. Concur â€” Gonzalez, JP, Williams, Catterson and Moskowitz, JJ. On or about February 21, 2001, plaintiff filed a petition in the United States Bankruptcy Court for the District of New Jersey. Some ...

Insurance Co. v. HSBC BANK USA

... We are asked in this case to decide whether a Bankruptcy Court order allowing a creditor to seize a debtor's bank account is entitled to res judicata effect in a subsequent state proceeding alleging that a portion of the funds in the account were state tax proceeds that should not ...

White v. Mazella-White

... which was to vacate the aforesaid inquest be made part of this judgment; and it is further," and (3) by deleting the fifth decretal paragraph thereof awarding the defendant the principal sum of $85,000 in equitable distribution payable to the defendant's trustee in bankruptcy; as so ...

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Caneadea Bankruptcy Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Richard H. Cole

John Albert Cappellini

John Kirby Colling

Jonathan B. Wile

Dennis R. Dawson

Michael Lawrence Schwartz

Lee Jason Fabiatos

Richard James Friedman

James Anthony Partacz

James Carlton Thoman

TIPS

LEGAL TERMS

FDCPA

CREDIT COUNSELING

401(K) PLAN

COLLATERAL

REDEMPTION

DEBT COLLECTOR

ACCORD AND SATISFACTION

TOXIC TORT

FORBEARANCE

SAMPLE LEGAL CASES

Barranco v. Cabrini Medical Center

Insurance Co. v. HSBC BANK USA

White v. Mazella-White

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