Hampton Bays 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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Not enough matches for Hampton Bays Reorganization lawyer.
Below are all Hampton Bays Bankruptcy & Debt lawyers.

Suzanne Martin Mensch

Real Estate, Estate, Business, Bankruptcy & Debt

Status: Licensed: 26 Years

CONTACT

50 Sunset Ave, Westhampton Beach, NY 11978

Evans Michael Hillen

International, Bankruptcy & Debt

Status: Licensed: 14 Years

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148 E Montauk Hwy, Hampton Bays, NY 11946

Melinda Anne Rubin

Immigration, Divorce, Civil Rights, Credit & Debt, Products Liability

Status: Licensed: 32 Years

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147 W Montauk Hwy, Hampton Bays, NY 11946

Jennifer Lynn Silvestro

Litigation, Banking & Finance, Credit & Debt, Bankruptcy

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East Quogue, NY 11942

William Robert Dalsimer

Estate, Divorce & Family Law, Bankruptcy & Debt

Status: Licensed: 57 Years

CONTACT

Southampton, NY 11969

Lisa Alexandra Frey

Landlord-Tenant, Social Security, Child Custody, Bankruptcy & Debt

Status: Licensed: 41 Years

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50 Old Main Rd, Quogue, NY 11959

James Michael O'Shea

Landlord-Tenant, Criminal, Business, Bankruptcy

Status: Licensed: 43 Years

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250 N Sea Rd, Southampton, NY 11968

Denise Civiletti

Credit & Debt

Status: Licensed: 42 Years

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Riverhead, NY 11901

Karen C. Napolitano

Real Estate, Divorce & Family Law, Business, Collection

Status: Licensed: 33 Years

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632 Roanoke Ave, Riverhead, NY 11901

Elizabeth A. Pfister

Divorce & Family Law, Civil & Human Rights, Bankruptcy & Debt

Status: Licensed: 32 Years

CONTACT

210 Center Dr, Riverhead, NY 11901

800-923-0641

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LEGAL TERMS

REAFFIRMATION

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing deb... (more...)

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing debt after the bankruptcy case is over. For instance, a debtor might make a reaffirmation agreement with the holder of a car note that the debtor can keep the car and must continue to pay the debt after bankruptcy.

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.

NONDISCHARGEABLE DEBTS

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chap... (more...)

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chapter 13 bankruptcy, the nondischargeable debts will have to be paid in full during your plan or you will have a balance at the end of your case. Examples of nondischargeable debts include alimony and child support, most income tax debts, many student loans and debts for personal injury or death caused by drunk driving. Compare dischargeable debts.

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.

TRADE NAME

The official name of a business, the one it uses on its letterhead and bank account when not dealing with consumers.

FCRA

See Fair Credit Reporting Act.

NUISANCE FEES

Money charged by some credit card companies to increase their profits when you fail to use the card the way the creditor wants. Examples include late payment fe... (more...)

Money charged by some credit card companies to increase their profits when you fail to use the card the way the creditor wants. Examples include late payment fees, inactivity fees and fees for not carrying a balance from month to month. It's best to shop around and get rid of cards that have these fees attached.

S CORPORATION

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status fro... (more...)

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status from the Internal Revenue Service. Electing to do business as an S corporation lets shareholders enjoy limited liability status, as would be true of any corporation, but be taxed like a partnership or sole proprietor. That is, instead of being taxed as a separate entity (as would be the case with a regular or C corporation) an S corporation is a pass-through tax entity: income taxes are reported and paid by the shareholders, not the S corporation. To qualify as an S corporation a number of IRS rules must be met, such as a limit of 75 shareholders and citizenship requirements.

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.

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Hampton Bays Reorganization Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Suzanne Martin Mensch

Evans Michael Hillen

Melinda Anne Rubin

Jennifer Lynn Silvestro

William Robert Dalsimer

Lisa Alexandra Frey

James Michael O'Shea

Denise Civiletti

Karen C. Napolitano

Elizabeth A. Pfister

TIPS

LEGAL TERMS

REAFFIRMATION

ADMINISTRATIVE EXPENSES

NONDISCHARGEABLE DEBTS

BULK SALES LAW

TRADE NAME

FCRA

NUISANCE FEES

S CORPORATION

DISPOSABLE INCOME

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