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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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Sabrina Herrell

Commercial Real Estate, Litigation, Estate Planning, Bankruptcy

Status: Licensed: 23 Years

CONTACT

11416 S Prairie Ave, Chicago, IL 60628

Wade Arends

Federal Appellate Practice, Workers' Compensation, Divorce, Bankruptcy

Status: Licensed: 34 Years

CONTACT

10129 S Western Ave, Chicago, IL 60643

Angelo J. Vitiritti

Bankruptcy, Estate Planning, Transactions, Criminal, Divorce & Family Law

Status: Licensed: 35 Years

CONTACT

16231 Wausau Ave, South Holland, IL 60473

Alexander Nohr

Bankruptcy

Status: Licensed: 13 Years

CONTACT

11101 S. Western Avenue, Chicago, IL 60643

Damita Gail Buffington

Real Estate, Family Law, Bankruptcy, Bankruptcy & Debt

Status: Licensed: 30 Years

CONTACT

10849 S Western Ave, Chicago, IL 60643

Gregory Mitchell

Bankruptcy, Civil Rights, Federal Appellate Practice, Personal Injury

Status: Licensed: 39 Years

CONTACT

16901 S Dixie Highway, Hazel Crest, IL 60429

Joseph Olstein

Real Estate, Consumer Rights, Bankruptcy & Debt

Status: Licensed: 16 Years

CONTACT

10450 S. Western Ave., Chicago, IL 60643

Martin O'hearn

Commercial Real Estate, Transactions, Bankruptcy, Bankruptcy & Debt

Status: Licensed: 43 Years

CONTACT

10047 South Western Ave, Chicago, IL 60643

Carl Boyd

Bankruptcy, Criminal, Personal Injury, Wills & Probate

Status:

CONTACT

11528 S Halsted St, Chicago, IL 60628

John Vito Del Gaudio

Bankruptcy

Status: Licensed: 43 Years

CONTACT

3533 Magnolia Dr., Markham, IL 60428

800-814-6700

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LEGAL TERMS

AUTOMATIC STAY

An injunction automatically issued by the bankruptcy court when a debtor files for bankruptcy. The automatic stay prohibits most creditor collection activities,... (more...)

An injunction automatically issued by the bankruptcy court when a debtor files for bankruptcy. The automatic stay prohibits most creditor collection activities, such as filing or continuing lawsuits, making written requests for payment, or notifying credit reporting bureaus of an unpaid debt.

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.

CYBERSQUATTING

Buying a domain name that reflects the name of a business or famous person with the intent of selling the name back to the business or celebrity for a profit. T... (more...)

Buying a domain name that reflects the name of a business or famous person with the intent of selling the name back to the business or celebrity for a profit. The Anticybersquatting Consumer Protection Act of 1999 authorizes a cybersquatting victim to file a federal lawsuit to regain a domain name or sue for financial compensation. Under the act, registering, selling or using a domain name with the intent to profit from someone else's good name is considered cybersquatting. Victims of cybersquatting can also use the provisions of the Uniform Domain Name Dispute Resolution Policy adopted by ICANN, an international tribunal administering domain names. This international policy results in arbitration of the dispute, not litigation.

LOSS DAMAGE WAIVER (LDW)

Rental car insurance that makes the rental car company responsible for damage to or theft of a rental car. This insurance is a major consumer ripoff, as it ofte... (more...)

Rental car insurance that makes the rental car company responsible for damage to or theft of a rental car. This insurance is a major consumer ripoff, as it often duplicates coverage provided by the renter's regular car insurance and/or the credit card she uses to rent the car. Nevertheless, hard-sell practices by rental car agents often dupe people into buying LDWs they don't really need. LDW is also called 'collision damage waiver.'

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

A national non-profit agency that, at no cost, helps debtors plan budgets and repay their debts. One major criticism of CCCS is that each office is primarily fu... (more...)

A national non-profit agency that, at no cost, helps debtors plan budgets and repay their debts. One major criticism of CCCS is that each office is primarily funded by voluntary donations from the creditors that receive payments from debtors repaying their debts through that office. Despite this criticism, most CCCS counselors provide clients with thorough and neutral advice.

INFRINGEMENT (OF TRADEMARK)

Unauthorized use of a protected trademark or service mark, or use of something very similar to a protected mark. The success of a lawsuit to stop the infringeme... (more...)

Unauthorized use of a protected trademark or service mark, or use of something very similar to a protected mark. The success of a lawsuit to stop the infringement turns on whether the defendant's use causes a likelihood of confusion in the average consumer. If a court determines that the average consumer would be confused, the owner of the original mark can prevent the other's use of the infringing mark and sometimes collect damages.

WORKOUT

A debtor's plan to take care of a debt, by paying it off or through loan forgiveness. Workouts are often created to avoid bankruptcy or foreclosure proceedings.

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.

DOING BUSINESS AS (DBA)

A situation in which a business owner operates a company under a name different from his or her real name. The owner must file a 'fictitious name statement' or ... (more...)

A situation in which a business owner operates a company under a name different from his or her real name. The owner must file a 'fictitious name statement' or similar document with the appropriate agency -- for example, the county clerk. This enables consumers to discover the names of the business owners, which is important if a consumer needs to sue the business.

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Riverdale Bankruptcy & Debt Lawyer, Illinois

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Sabrina Herrell

Wade Arends

Angelo J. Vitiritti

Alexander Nohr

Damita Gail Buffington

Gregory Mitchell

Joseph Olstein

Martin O'hearn

Carl Boyd

John Vito Del Gaudio

TIPS

LEGAL TERMS

AUTOMATIC STAY

PREFERENCE

CYBERSQUATTING

LOSS DAMAGE WAIVER (LDW)

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

INFRINGEMENT (OF TRADEMARK)

WORKOUT

NUISANCE FEES

DOING BUSINESS AS (DBA)

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