Putnam County, NY Reorganization Lawyers

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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 Putnam Reorganization lawyer.
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Ted Alan Novick

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Accident & Injury

Ted A. Novick’s practice is almost exclusively limited to medical malpractice and personal injury cases such as wrongful death, car accidents, const... (more)

CONTACT

845-678-3179

988 South Lake Blvd, Mahopac, NY 10541

William J Bolger

Adoption, Alimony & Spousal Support, Criminal, Child Support

Status:

CONTACT

11 Oscawana Lake Road, Putnam Valley, NY 10579

William A Zutt

Corporate, Business Organization, Commercial Leasing, Commercial Real Estate

Status:

CONTACT

11 Oscawana Lake Road, Putnam Valley, NY 10579

Adriana M Dusovic

Estate, Real Estate

Status: Licensed: 30 Years

CONTACT

80 Tommy Ct, Mahopac, NY 10541

Aloysius P. Stedina

Landlord-Tenant, Real Estate, International, Estate

Status: Licensed: 58 Years

CONTACT

1 Ridge Ct, Carmel, NY 10512

Andrew Ira Falk

General Practice

Status: Licensed: 30 Years

CONTACT

21 Carolyn Way, Patterson, NY 12563

Anthony George Maccarini

Divorce & Family Law, Residential Real Estate, Wills & Probate, Divorce & Family Law

Status: Licensed: 50 Years

CONTACT

Carmel, NY 10512

Anthony M. Abraham

General Practice

Status: Licensed: 43 Years

CONTACT

19 Benedict Pl, Carmel, NY 10512

Bamidele Herbert Alade

Real Estate, Immigration, Accident & Injury

Status: Licensed: 25 Years

CONTACT

96 Ives Farm Rd, Brewster, NY 10509

Benjamin Straus Gainer

Education, Real Estate, Traffic, Lawsuit, Personal Injury

Status: Licensed: 29 Years

CONTACT

101 Carolyn Rd E, Carmel, NY 10512

800-814-6700

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LEGAL TERMS

NONPROFIT CORPORATION

A legal structure authorized by state law allowing people to come together to either benefit members of an organization (a club, or mutual benefit society) or f... (more...)

A legal structure authorized by state law allowing people to come together to either benefit members of an organization (a club, or mutual benefit society) or for some public purpose (such as a hospital, environmental organization or literary society). Nonprofit corporations, despite the name, can make a profit, but the business cannot be designed primarily for profit-making purposes, and the profits must be used for the benefit of the organization or purpose the corporation was created to help. When a nonprofit corporation dissolves, any remaining assets must be distributed to another nonprofit, not to board members. As with for-profit corporations, directors of nonprofit corporations are normally shielded from personal liability for the organization's debts. Some nonprofit corporations qualify for a federal tax exemption under _ 501(c)(3) of the Internal Revenue Code, with the result that contributions to the nonprofit are tax deductible by their donors.

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.

FAIR LABOR STANDARDS ACT (FLSA)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements ... (more...)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements for overtime and places restrictions on child labor.

LIABILITY

(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pi... (more...)

(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pipe bursts the day after Paul installs it, ruining the bathroom floor. This raises the issue of liability: Who is responsible for the damage? Peri claims that Paul is responsible, and sues him for the cost of hiring another plumber to fix the pipe and replacing the floor. Paul, in turn, claims that the pipe manufacturer is responsible, because they supplied him with faulty materials. Both Peri and Paul must prove their claims in court; if Paul and/or the manufacturer is found liable, one or both will have to pay damages to Peri. (2) Something for which a person is liable. For example, a debt is often called a liability.

FAIR CREDIT BILLING ACT (FCBA)

A federal law that gives you rights when an error occurs on your credit card statement. You must notify the credit card company of the mistake within 60 days af... (more...)

A federal law that gives you rights when an error occurs on your credit card statement. You must notify the credit card company of the mistake within 60 days after it mailed the bill to you. The company must then correct the mistake, or at least acknowledge receipt of your letter within 30 days, and must correct the error within 90 days or explain why it believes the credit card statement is correct.

ABUSE

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because ... (more...)

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because the debtor appears to have enough disposable income to fund a Chapter 13 repayment plan.

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.

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.

BANKRUPTCY

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are ... (more...)

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are two types of bankruptcies -- liquidation, in which your debts are wiped out (discharged) and reorganization, in which you provide the court with a plan for how you intend to repay your debts. For both consumers and business, liquidation bankruptcy is called Chapter 7. For consumers, reorganization bankruptcy is called Chapter 13. Reorganization bankruptcy for consumers with an extraordinary amount of debt and for businesses is called Chapter 11. Reorganization bankruptcy for family farmers is called Chapter 12.

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Putnam County, NY Reorganization Lawyers

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Ted Alan Novick

William J Bolger

William A Zutt

Adriana M Dusovic

Aloysius P. Stedina

Andrew Ira Falk

Anthony George Maccarini

Anthony M. Abraham

Bamidele Herbert Alade

Benjamin Straus Gainer

TIPS

LEGAL TERMS

NONPROFIT CORPORATION

PRIORITY DEBT

FAIR LABOR STANDARDS ACT (FLSA)

LIABILITY

FAIR CREDIT BILLING ACT (FCBA)

ABUSE

DISPOSABLE INCOME

TRUTH IN LENDING ACT (TILA)

BANKRUPTCY

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