Gainesville Bankruptcy & Debt Lawyer, New York, page 4

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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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William Peter Johnson

Real Estate, Estate, Business, Bankruptcy

Status: Licensed: 38 Years

CONTACT

200 John James Audubon Pkwy, Buffalo, NY 14228

David J. Mcnamara

Other, Real Estate, Business, Bankruptcy & Debt

Status: Licensed: 38 Years

CONTACT

125 Main Street, Buffalo, NY 14203

Michael T. O'Connor

Bankruptcy

Status: Licensed: 38 Years

CONTACT

4367 Harlem Rd, Buffalo, NY 14226

Vincent G. Lo Tempio

Intellectual Property, DUI-DWI, Collection, Products Liability

Status: Licensed: 38 Years

CONTACT

8555 Main St, Buffalo, NY 14221

Deborah Anne Doxey

Civil & Human Rights, Banking & Finance, Workout

Status: Licensed: 37 Years

CONTACT

125 Main St, Buffalo, NY 14203

John Kennedy Rottaris

Real Estate, Litigation, Bankruptcy & Debt, Personal Injury

Status:

CONTACT

465 Main St, Buffalo, NY 14203

Thomas P. Feron

Government, Bankruptcy & Debt

Status: Licensed: 35 Years

CONTACT

290 Main St, Buffalo, NY 14202

Peter P. Melin

Government, Bankruptcy & Debt

Status: Licensed: 34 Years

CONTACT

2956 Union Rd, Buffalo, NY 14227

John Scott Wiencek

Divorce & Family Law, Criminal, Bankruptcy & Debt

Status: Licensed: 33 Years

CONTACT

1 Niagara Plaza, Buffalo, NY 14202

Mary Beth Aquiline

Real Estate, Estate, Bankruptcy & Debt

Status: Licensed: 32 Years

CONTACT

101 Slade Ave, Buffalo, NY 14224

800-923-0641

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LEGAL TERMS

COLLATERAL

Property that guarantees payment of a secured debt.

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.

BULK SALES LAW

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to ... (more...)

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to conduct a bulk sale of business assets -- that is, get rid of an unusually large amount of inventory, merchandise or equipment -- the business owner must typically publish a notice of the sale and give written notice to creditors. Then, the owner must set up an account to hold the funds from the sale for a brief period of time during which creditors may make claims against the money. The prohibition against bulk sales is spelled out in the Uniform Commercial Code -- and laws modeled on the UCC have been generally adopted throughout the country.

REPOSSESSION

A creditor's taking property that has been pledged as collateral for a loan. Lenders will most often repossess cars when the owner has missed loan payments and ... (more...)

A creditor's taking property that has been pledged as collateral for a loan. Lenders will most often repossess cars when the owner has missed loan payments and has not attempted to work with the lender to resolve the problem. A repossessor can't use force to get at your car, but he can legally hot-wire it and even drive it out of your unlocked garage.

CYBERSQUATTING

Buying a domain name that reflects the name of a business or famous person with the intent of selling the name back to the business or celebrity for a profit. T... (more...)

Buying a domain name that reflects the name of a business or famous person with the intent of selling the name back to the business or celebrity for a profit. The Anticybersquatting Consumer Protection Act of 1999 authorizes a cybersquatting victim to file a federal lawsuit to regain a domain name or sue for financial compensation. Under the act, registering, selling or using a domain name with the intent to profit from someone else's good name is considered cybersquatting. Victims of cybersquatting can also use the provisions of the Uniform Domain Name Dispute Resolution Policy adopted by ICANN, an international tribunal administering domain names. This international policy results in arbitration of the dispute, not litigation.

GENERAL PARTNER

A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners), is personally liable for all the... (more...)

A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners), is personally liable for all the business's debts and obligations. A general partner's actions can legally bind the entire business. See also partnership, limited partnership.

DISPOSABLE INCOME

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Ch... (more...)

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Chapter 13 plan.

FCBA

See Fair Credit Billing Act.

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.

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Gainesville Bankruptcy & Debt Lawyer, New York, page 4

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

William Peter Johnson

David J. Mcnamara

Michael T. O'Connor

Vincent G. Lo Tempio

Deborah Anne Doxey

John Kennedy Rottaris

Thomas P. Feron

Peter P. Melin

John Scott Wiencek

Mary Beth Aquiline

TIPS

LEGAL TERMS

COLLATERAL

FRAUDULENT TRANSFER

BULK SALES LAW

REPOSSESSION

CYBERSQUATTING

GENERAL PARTNER

DISPOSABLE INCOME

FCBA

CREDIT BUREAU

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