Jacksonville Collection 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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Lee Matthew Van Houten

Alimony & Spousal Support, Bankruptcy, Collection, Criminal

Status:

CONTACT

104-114 North Cayuga Street, Ithaca, NY 14850

Michael Gleason Bersani

Motor Vehicle, Wrongful Termination, Civil & Human Rights, Collection, Accident & Injury

Status:

CONTACT

71 South St, Auburn, NY 13021

Carman Michael Garufi

Divorce, Child Custody, Children's Rights, Collection

Status: Licensed: 42 Years

CONTACT

68 Oak St, Binghamton, NY 13905

Mark David Spinner

Telecommunications, Credit & Debt, Collection, Bankruptcy

Status: Licensed: 26 Years

CONTACT

Binghamton, NY 13902

Vanessa Hanks

Immigration, Contract, Credit & Debt, Collection

Status:

FREE CONSULTATION

CONTACT

Farmington, NY 14425

Susan Beth Mcneil

Family Law, Business & Trade, Collection, Bankruptcy & Debt

Status: Licensed: 22 Years

CONTACT

309 N Tioga St, Ithaca, NY 14850

Lee Matthew Van Houten

Landlord-Tenant, Collection, DUI-DWI, Divorce

Status:

CONTACT

104-114 North Cayuga Street, Ithaca, NY 14850

Jarrod William Smith

Divorce & Family Law, Criminal, Collection

Status:

CONTACT

11 S Main St, Jordan, NY 13080

Michael D Calarco

Trusts, Estate, Collection, Bankruptcy

Status: Licensed: 35 Years

CONTACT

605 Mason St, Newark, NY 14513

Joel N. Melnicoff

Social Security -- Disability, Collection, Banking & Finance, Wills & Probate

Status: Licensed: 61 Years

CONTACT

622 University Ave, Syracuse, NY 13210

800-814-6700

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LEGAL TERMS

NONEXEMPT PROPERTY

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typicall... (more...)

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typically includes valuable clothing (furs) and electronic equipment, an expensive car that's been paid off and most of the equity in your house. Compare exempt property.

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.

FDCPA

See Fair Debt Collections & Practices Act.

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.

SETOFF

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a countercl... (more...)

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a counterclaim filed by a defendant in a lawsuit. Banks may try to exercise a setoff by taking money out of a deposit account to satisfy past due payments on a loan or credit card bill. Such an act is illegal under most circumstances.

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.

WINDING UP

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, a... (more...)

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, all with the ultimate goal of liquidating or closing down a corporation or partnership.

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.

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.

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Jacksonville Collection Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Lee Matthew Van Houten

Michael Gleason Bersani

Carman Michael Garufi

Mark David Spinner

Vanessa Hanks

Susan Beth Mcneil

Lee Matthew Van Houten

Jarrod William Smith

Michael D Calarco

Joel N. Melnicoff

TIPS

LEGAL TERMS

NONEXEMPT PROPERTY

GARNISHMENT

FDCPA

TRUTH IN LENDING ACT (TILA)

SETOFF

NONDISCHARGEABLE DEBTS

WINDING UP

FRAUDULENT TRANSFER

REPOSSESSION

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