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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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Edmund Arthur Kavanagh

Estate Planning, Family Law, Bankruptcy, Personal Injury

Status: Licensed: 54 Years

CONTACT

255 Fair St, Kingston, NY 12402

Matthew Thomas Dunn

Lawsuit & Dispute, Bankruptcy & Debt

Status: Licensed: 21 Years

CONTACT

260 Fair St, Kingston, NY 12401

Wayne Lee Graff

Real Estate, Immigration, Wills & Probate, Civil Rights, Bankruptcy

Status:

CONTACT

78 Main St, Kingston, NY 12401

Brian Juran

Bankruptcy & Debt, Bankruptcy

Status: Licensed: 28 Years

CONTACT

654 Aaron Ct, Kingston, NY 12401

Richard Roy Williams

Mass Torts, Litigation, Bankruptcy, Personal Injury

Status: Licensed: 11 Years

CONTACT

244 Fair Street, Kingston, NY 12402

Mitchell L. Jaiven

Industry Specialties, Business, Bankruptcy & Debt

Status: Licensed: 39 Years

CONTACT

14 Pearl St, Kingston, NY 12401

Melvin Thomas Higgins

Real Estate, Child Support, Banking & Finance, Bankruptcy

Status: Licensed: 53 Years

CONTACT

195 Wall St, Kingston, NY 12401

Rebecca Ann Millouras-Lettre

Family Law, Divorce & Family Law, Bankruptcy & Debt

Status:

CONTACT

736 Broadway, Kingston, NY 12401

Michael Kurz

Government, Bankruptcy

Status: Licensed: 37 Years

CONTACT

2212 Western Ave, Guilderland, NY 12084

Julie B. Solomon

Bankruptcy & Debt

Status:

CONTACT

151 Brandon Terrace, Albany, NY 12203

800-923-0641

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LEGAL TERMS

LIMITED PARTNERSHIP

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner ... (more...)

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner or partners (called general partners) have unlimited personal liability. The key difference between a general and limited partner concerns management decision making--general partners run the business, and limited partners, who are usually passive investors, are not allowed to make day-to-day business decisions. If they do, they risk being treated as general partners with unlimited personal liability.

TRUTH IN LENDING ACT (TILA)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disc... (more...)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disclose the terms of a loan, including the total amount of the loan, the annual interest rate and the number, amount and due dates of all payments necessary to repay the loan. The TILA requires additional disclosures and places many restrictions on mortgages.

FRATERNAL BENEFIT SOCIETY BENEFITS

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal socie... (more...)

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal societies that provide benefits. Also called benefit society, benevolent society or mutual aid association benefits. Under bankruptcy laws, these benefits are virtually always considered exempt property.

TRADE DRESS

The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape... (more...)

The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape of Frangelico liqueur bottles. Trade dress can be protected under trademark law if a showing can be made that the average consumer would likely be confused as to product origin if another product were allowed to appear in similar dress.

DOING BUSINESS AS (DBA)

A situation in which a business owner operates a company under a name different from his or her real name. The owner must file a 'fictitious name statement' or ... (more...)

A situation in which a business owner operates a company under a name different from his or her real name. The owner must file a 'fictitious name statement' or similar document with the appropriate agency -- for example, the county clerk. This enables consumers to discover the names of the business owners, which is important if a consumer needs to sue the business.

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.

FAIR LABOR STANDARDS ACT (FLSA)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements ... (more...)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements for overtime and places restrictions on child labor.

COLLATERAL

Property that guarantees payment of a secured debt.

GRACE PERIOD

A period of time during which you are not required to make payments on a debt. For example, most credit cards give you a grace period of 20-30 days before you h... (more...)

A period of time during which you are not required to make payments on a debt. For example, most credit cards give you a grace period of 20-30 days before you have to pay interest on the amount of your purchases. Cash advances, however, usually have no grace period; interest begins to accumulate from the date of the withdrawal, even if you pay your bills on time. Also, some student loans give you a grace period after graduating or dropping out of school. During this time, you are not required to make payments on your loan.

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Grand Gorge Bankruptcy & Debt Lawyer, New York, page 4

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Edmund Arthur Kavanagh

Matthew Thomas Dunn

Wayne Lee Graff

Brian Juran

Richard Roy Williams

Mitchell L. Jaiven

Melvin Thomas Higgins

Rebecca Ann Millouras-Lettre

Michael Kurz

Julie B. Solomon

TIPS

LEGAL TERMS

LIMITED PARTNERSHIP

TRUTH IN LENDING ACT (TILA)

FRATERNAL BENEFIT SOCIETY BENEFITS

TRADE DRESS

DOING BUSINESS AS (DBA)

GARNISHMENT

FAIR LABOR STANDARDS ACT (FLSA)

COLLATERAL

GRACE PERIOD

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