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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

Michael H. Schwartz

Foreclosure, Reorganization, Credit & Debt, Consumer Bankruptcy

Status: Licensed: 42 Years

FREE CONSULTATION

CONTACT

One Water Street, White Plains, NY 10601

Kenneth Busman

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

Status: Licensed: 46 Years

CONTACT

175 Main St, White Plains, NY 10601

John Lawrence Marchione

Bankruptcy, Household Mold, Public Interest Law, Child Custody

Status:

CONTACT

445 Hamilton Avenue, White Plains, NY 10601

Robert L. Rattet

Government, Child Custody, Bankruptcy

Status:

CONTACT

One North Lexington Avenue, White Plains, NY 10601

Julie A. Cvek

Bankruptcy

Status:

CONTACT

One North Lexington Avenue, White Plains, NY 10601

Erica R. Feynman

Bankruptcy

Status:

CONTACT

One North Lexington Avenue, White Plains, NY 10601

Erina R. Ponzini

Wills & Probate, Estate, Business, Bankruptcy

Status:

CONTACT

140 Huguenot Street, New Rochelle, NY 10801

Diana P. Cachaya

Bankruptcy, Personal Injury, Family Law, Wills & Probate

Status:

CONTACT

203 E Post Rd, White Plains, NY 10601

James Glucksman

Commercial Real Estate, Litigation, Business & Trade, Bankruptcy

Status:

CONTACT

One North Lexington Avenue, White Plains, NY 10601

Edward I. Yatkowsky

Real Estate Other, Commercial Bankruptcy, Land Use & Zoning, Litigation

Status: Licensed: 41 Years

CONTACT

2 Canfield Ave, White Plains, NY 10601

800-814-6700

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LEGAL TERMS

CCCS

See Consumer Credit Counseling Service.

COLLATERAL

Property that guarantees payment of a secured debt.

SECRET WARRANTY PROGRAM

A program under which a car manufacturer will make repairs for free on vehicles with persistent problems, even after the warranty has expired, in order to avoid... (more...)

A program under which a car manufacturer will make repairs for free on vehicles with persistent problems, even after the warranty has expired, in order to avoid a recall and the accompanying bad press. Secret warranties are rarely advertised by the manufacturer, so consumers must pursue the manufacturer to discover and take advantage of them. A few states require manufacturers to notify car buyers when they adopt secret warranty programs.

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.

CREDITOR

A person or entity (such as a bank) to whom a debt is owed.

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.

FDCPA

See Fair Debt Collections & Practices Act.

IRS EXPENSES

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income mu... (more...)

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income must use the IRS expenses to calculate their average net income in a Chapter 7 case, or their disposable income in a Chapter 13 case.

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.

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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Harrison Bankruptcy Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Michael H. Schwartz

Kenneth Busman

John Lawrence Marchione

Robert L. Rattet

Julie A. Cvek

Erica R. Feynman

Erina R. Ponzini

Diana P. Cachaya

James Glucksman

Edward I. Yatkowsky

TIPS

LEGAL TERMS

CCCS

COLLATERAL

SECRET WARRANTY PROGRAM

REDEMPTION

CREDITOR

LIMITED PARTNERSHIP

FDCPA

IRS EXPENSES

CREDIT COUNSELING

SAMPLE LEGAL CASES

Barranco v. Cabrini Medical Center

Insurance Co. v. HSBC BANK USA

White v. Mazella-White

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