Rochester Bankruptcy & Debt Lawyer, New York, page 2

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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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Andrew Kala Gonsalves

Health Care Other, Biotechnology, Commercial Bankruptcy, Patent

Status:

CONTACT

2000 Winton Road South, Rochester, NY 14618

Peter John Glennon

Litigation, Aviation, Commercial Bankruptcy

Status: Licensed: 20 Years

CONTACT

The Glennon Law Firm, P.C., Rochester, NY 14625

Barry Christopher Balonek

Family Law, Constitutional Law, Corporate, Credit & Debt

Status: Licensed: 50 Years

CONTACT

38 Wilelen Rd, Rochester, NY 14624

Lawrence Baker

Real Estate, Divorce & Family Law, Criminal, Bankruptcy & Debt

Status: Licensed: 47 Years

CONTACT

250 Mill Street, Rochester, NY 14614

Jason Peter Verhagen

Litigation, Lawsuit & Dispute, Civil Rights, Bankruptcy

Status: Licensed: 24 Years

CONTACT

100 Corporate Woods, Rochester, NY 14623

Carl Alfred Steinbrenner

Real Estate, Intellectual Property, Business, Commercial Bankruptcy

Status: Licensed: 38 Years

CONTACT

104 Troup St, Rochester, NY 14608

Kenneth Stuart Gallant

Bankruptcy, Bankruptcy & Debt

Status: Licensed: 48 Years

CONTACT

1425 Jefferson Road, Rochester, NY 14623

Steven Edward Laprade

Civil Rights, Credit & Debt

Status: Licensed: 28 Years

CONTACT

3380 Monroe Ave, Rochester, NY 14618

Robert G. Mccarthy

Bankruptcy

Status: Licensed: 21 Years

CONTACT

1600 Crossroads Bldg., Rochester, NY 14614

Anita Claire Miller

Divorce & Family Law, Bankruptcy

Status: Licensed: 52 Years

CONTACT

1600 Crossroads Building, Rochester, NY 14614

800-814-6700

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LEGAL TERMS

LIQUIDATING PARTNER

The member of an insolvent or dissolving partnership responsible for paying the debts and settling the accounts of the partnership.

MEETING OF CREDITORS

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a f... (more...)

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a few questions. In a Chapter 7, the meeting of creditors lasts a few minutes and rarely do any creditors show up. In a Chapter 13 bankruptcy, one or two creditors may attend, especially if they disagree with some provision of your repayment plan.

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.

TRADE NAME

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

HOUSEHOLDER

A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a ho... (more...)

A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a homestead exemption and possibly other exemptions relating to the maintenance of the household.

ACCORD AND SATISFACTION

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collectin... (more...)

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collecting as much money as they can from debtors who cannot pay the full amount.

CREDIT FILE

See credit report.

FORBEARANCE

Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily ... (more...)

Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily postponing or reducing the borrower's payments.

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.

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Rochester Bankruptcy & Debt Lawyer, New York, page 2

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Andrew Kala Gonsalves

Peter John Glennon

Barry Christopher Balonek

Lawrence Baker

Jason Peter Verhagen

Carl Alfred Steinbrenner

Kenneth Stuart Gallant

Steven Edward Laprade

Robert G. Mccarthy

Anita Claire Miller

TIPS

LEGAL TERMS

LIQUIDATING PARTNER

MEETING OF CREDITORS

NONPROFIT CORPORATION

TRADE NAME

HOUSEHOLDER

ACCORD AND SATISFACTION

CREDIT FILE

FORBEARANCE

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

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