Jefferson County, NY Collection Lawyers, page 3

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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 Jefferson Collection lawyer.
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Timothy Alan Farley

Foreclosure, Criminal, Personal Injury

Status: Licensed: 39 Years

CONTACT

514 State St., Carthage, NY 13619

Eugene Joseph Langone

Civil & Human Rights

Status: Licensed: 37 Years

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163 Arsenal St, Watertown, NY 13601

Robert Michael Weldon

Accident & Injury, Workers' Compensation

Status: Licensed: 74 Years

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119-125 Sherman St, Watertown, NY 13601

James P. Mcclusky

General Practice

Status: Licensed: 36 Years

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317 Washington St, Watertown, NY 13601

Richard Kenneth Champney

Lawsuit, Divorce & Family Law, Criminal, Civil & Human Rights

Status: Licensed: 49 Years

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4 Market St, Alexandria Bay, NY 13607

Keith B. Caughlin

Education, Immigration, Family Law, Administrative Law

Status: Licensed: 35 Years

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220 Sterling St, Watertown, NY 13601

John William Amyot

General Practice

Status: Licensed: 33 Years

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29971 Cottage Hill Rd, Redwood, NY 13679

Carrie Marie Mason

Family Law

Status: Licensed: 16 Years

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175 Arsenal St, Watertown, NY 13601

Julie M. Hutchins

General Practice

Status: Licensed: 32 Years

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175 Arsenal St, Watertown, NY 13601

David Baertus Geurtsen

Real Estate, Employment, Bankruptcy & Debt, Accident & Injury

Status: Licensed: 32 Years

CONTACT

407 Sherman St, Watertown, NY 13601

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LEGAL TERMS

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.

401(K) PLAN

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income ... (more...)

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income taxes on the amount invested and any earnings are due until the employee withdraws money from the fund.

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.

C CORPORATION

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S c... (more...)

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S corporation, whose profits are passed through to shareholders and taxed on their personal returns under subchapter S of the Internal Revenue Code.

TRADE NAME

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

PREFERENCE

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commer... (more...)

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commercial creditors) and within one year for insider creditors (friends, family members, and business associates). Because a preference gives the creditor who received the payment an edge over other creditors in the bankruptcy case, the trustee can recover the preference (the amount of the payment) and distribute it among all of the creditors.

PRIORITY DEBT

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13... (more...)

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13 bankruptcy. Priority debts include alimony and child support, fees owed to the trustee and the attorney in the bankruptcy case, and wages owed to employees.

COSIGNER

A person who signs his or her name to a loan agreement, lease or credit application. If the primary debtor does not pay, the cosigner is fully responsible for t... (more...)

A person who signs his or her name to a loan agreement, lease or credit application. If the primary debtor does not pay, the cosigner is fully responsible for the loan or debt. Many people use cosigners to qualify for a loan or credit card. Landlords may require a cosigner when renting to a student or someone with a poor credit history.

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.

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Jefferson County, NY Collection Lawyers, page 3

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Timothy Alan Farley

Eugene Joseph Langone

Robert Michael Weldon

James P. Mcclusky

Richard Kenneth Champney

Keith B. Caughlin

John William Amyot

Carrie Marie Mason

Julie M. Hutchins

David Baertus Geurtsen

TIPS

LEGAL TERMS

ADMINISTRATIVE EXPENSES

401(K) PLAN

REAFFIRMATION

C CORPORATION

TRADE NAME

PREFERENCE

PRIORITY DEBT

COSIGNER

REDEMPTION

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