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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

Robert J. Buonomo

Bankruptcy, Business Organization, Insurance, Litigation

Status:

CONTACT

1997 State Route 17M, Goshen, NY 10924

David Nicolle Hannigan

Criminal, Bankruptcy

Status: Licensed: 45 Years

CONTACT

62 N Main St, Florida, NY 10921

Patrick Martin Mcloughlin

Landlord-Tenant, Wills & Probate, Employment Discrimination, Bankruptcy

Status: Licensed: 47 Years

CONTACT

305 Main St, Goshen, NY 10924

Christopher Paul Borek

DUI-DWI, Bankruptcy

Status: Licensed: 36 Years

CONTACT

255-275 Main St, Goshen, NY 10924

Joseph J Reilly

Lawsuit & Dispute, Employment, Bankruptcy, Bankruptcy & Debt, Education

Status: Licensed: 24 Years

CONTACT

2002 Route 17M, Goshen, NY 10924

Melissa Ann Perry

Tax, Elder Law, Bankruptcy, Personal Injury, Tax Litigation

Status: Licensed: 11 Years

CONTACT

40 Matthews St, Goshen, NY 10924

Simon David Haysom

Timeshare, Immigration, Divorce, Bankruptcy

Status: Licensed: 36 Years

CONTACT

Goshen, NY 10924

Joseph J. Haspel

Timeshare, Real Estate, Traffic, Dispute Resolution, Bankruptcy

Status: Licensed: 42 Years

CONTACT

39 Casimer Rd, Middletown, NY 10941

William Wesley Frame

Criminal, Litigation, Bankruptcy, Franchising

Status: Licensed: 21 Years

CONTACT

305 Sherwood Dr N, Middletown, NY 10941

Ronald Steven Kossar

Immigration, Estate, Divorce, Bankruptcy

Status:

CONTACT

410 E Main St, Middletown, NY 10940

800-814-6700

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LEGAL TERMS

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.

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.

CHAPTER 7 BANKRUPTCY

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 b... (more...)

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 bankruptcy takes from three to six months, costs about $200, and commonly requires only one trip to the courthouse.

MEANS TEST

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income ... (more...)

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income for his or her state should be allowed to file for Chapter 7 bankruptcy.

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.

TRADE NAME

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

CREDIT BUREAU

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit... (more...)

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit card companies that use the information to screen applicants for loans and credit cards. There are three major credit bureaus, Equifax, Experian and Trans Union, and they are regulated by the federal Fair Credit Reporting Act.

FCBA

See Fair Credit Billing Act.

SECURED DEBT

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collater... (more...)

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collateral, to satisfy the debt if you default. Compare unsecured debt.

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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Port Jervis Bankruptcy Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Robert J. Buonomo

David Nicolle Hannigan

Patrick Martin Mcloughlin

Christopher Paul Borek

Joseph J Reilly

Melissa Ann Perry

Simon David Haysom

Joseph J. Haspel

William Wesley Frame

Ronald Steven Kossar

TIPS

LEGAL TERMS

COSIGNER

NUISANCE FEES

CHAPTER 7 BANKRUPTCY

MEANS TEST

IRS EXPENSES

TRADE NAME

CREDIT BUREAU

FCBA

SECURED DEBT

SAMPLE LEGAL CASES

Barranco v. Cabrini Medical Center

Insurance Co. v. HSBC BANK USA

White v. Mazella-White

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