Castile Bankruptcy & Debt Lawyer, New York, page 2

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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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Mary Jo S. Korona

Litigation, Employee Rights, Civil Rights, Bankruptcy Litigation, Bankruptcy & Debt

Status:

CONTACT

28 E Main St, Rochester, NY 14614

Anthony Joseph Adiutori

Real Estate, Banking & Finance, Credit & Debt, Collection

Status:

CONTACT

300 Bausch & Lomb Place, Rochester, NY 14604

Carl Alfred Steinbrenner

Real Estate, Intellectual Property, Business, Commercial Bankruptcy

Status: Licensed: 37 Years

CONTACT

104 Troup St, Rochester, NY 14608

Agostino V. Coccia

Foreclosure, Consumer Protection, Collection, Personal Injury

Status:

CONTACT

One East Main Street, Rochester, NY 14614

Warren H. Heilbronner

Trusts, Estate, Civil & Human Rights, Bankruptcy

Status:

CONTACT

145 Culver Rd, Rochester, NY 14620

Jason Peter Verhagen

Litigation, Lawsuit & Dispute, Civil Rights, Bankruptcy

Status: Licensed: 23 Years

CONTACT

100 Corporate Woods, Rochester, NY 14623

Surinder Kaur Virk

Accident & Injury, Bankruptcy, Criminal, Divorce & Family Law

Status: Licensed: 24 Years

CONTACT

300 International Drive, Williamsville, NY 14221

Lawrence Baker

Real Estate, Divorce & Family Law, Criminal, Bankruptcy & Debt

Status: Licensed: 46 Years

CONTACT

250 Mill Street, Rochester, NY 14614

Peter Scribner

Real Estate, Estate, Bankruptcy, Bankruptcy & Debt

Status: Licensed: 38 Years

CONTACT

1110 Park Ave, Rochester, NY 14610

Regina A. Walker

Social Security -- Disability, Employment, Bankruptcy

Status: Licensed: 29 Years

CONTACT

300 International Dr., Buffalo, NY 14221

800-814-6700

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LEGAL TERMS

AUTOMATIC STAY

An injunction automatically issued by the bankruptcy court when a debtor files for bankruptcy. The automatic stay prohibits most creditor collection activities,... (more...)

An injunction automatically issued by the bankruptcy court when a debtor files for bankruptcy. The automatic stay prohibits most creditor collection activities, such as filing or continuing lawsuits, making written requests for payment, or notifying credit reporting bureaus of an unpaid debt.

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.

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.

CREDIT BUREAU

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit... (more...)

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit card companies that use the information to screen applicants for loans and credit cards. There are three major credit bureaus, Equifax, Experian and Trans Union, and they are regulated by the federal Fair Credit Reporting Act.

UNDUE HARDSHIP

The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in t... (more...)

The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in the future to pay off the loan may be able to show that repayment would be an undue hardship.

CREDIT FILE

See credit report.

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemp... (more...)

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemptible because it has been damaged or destroyed.

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.

CHAPTER 13 PLAN

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to ... (more...)

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to pay all mandatory debts -- for example, back child support, taxes, and mortgage arrearages -- as well as some or all unsecured, nonpriority debts, such as medical and credit card bills.

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Castile Bankruptcy & Debt Lawyer, New York, page 2

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Mary Jo S. Korona

Anthony Joseph Adiutori

Carl Alfred Steinbrenner

Agostino V. Coccia

Warren H. Heilbronner

Jason Peter Verhagen

Surinder Kaur Virk

Lawrence Baker

Peter Scribner

Regina A. Walker

TIPS

LEGAL TERMS

AUTOMATIC STAY

CREDIT COUNSELING

FORBEARANCE

CREDIT BUREAU

UNDUE HARDSHIP

CREDIT FILE

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

REDEMPTION

CHAPTER 13 PLAN

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