Seneca 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 Seneca Reorganization lawyer.
Below are all Seneca lawyers.

Barry Lee Porsch

General Practice

Status: In Good Standing Licensed: 30 Years

CONTACT

48 W Williams St, Waterloo, NY 13165

Bertram C. Serling

General Practice

Status: In Good Standing Licensed: 68 Years

CONTACT

54 Falls St, Seneca Falls, NY 13148

Calvin Asa Brainard

General Practice

Status: In Good Standing Licensed: 54 Years

CONTACT

51 State St, Seneca Falls, NY 13148

Christi L. Miller

General Practice

Status: In Good Standing Licensed: 21 Years

CONTACT

54 Fall St, Seneca Falls, NY 13148

Dennis Frederick Bender

General Practice

Status: In Good Standing Licensed: 47 Years

CONTACT

48 W Williams St, Waterloo, NY 13165

Donna M. Cathy

Other, Divorce & Family Law, Criminal

Status: In Good Standing Licensed: 36 Years

CONTACT

Waterloo, NY 13165

Emil Joseph Bove

General Practice

Status: In Good Standing Licensed: 51 Years

CONTACT

54 Fall St, Seneca Falls, NY 13148

Frank R. Fisher

General Practice

Status: In Good Standing Licensed: 41 Years

CONTACT

54 Fall St, Seneca Falls, NY 13148

Gregory Lee Bonney

Commercial Real Estate, Trusts, Estate, Personal Injury

Status: In Good Standing Licensed: 9 Years

CONTACT

20 W Main St, Waterloo, NY 13165

Howard Ring Relin

General Practice

Status: In Good Standing Licensed: 57 Years

CONTACT

5500 E Lake Rd, Romulus, NY 14541

800-923-0641

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LEGAL TERMS

CHAPTER 13 BANKRUPTCY

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your inc... (more...)

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your income to pay all or a portion of the debts over three to five years. The minimum amount you must pay is roughly equal to the value of your nonexempt property. In addition, you must pledge your disposable net income -- after subtracting reasonable expenses -- for the period during which you are making payments. At the end of the three-to five-year period, the balance of what you owe on most debts is erased.

FDCPA

See Fair Debt Collections & Practices Act.

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.

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemp... (more...)

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemptible because it has been damaged or destroyed.

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.

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.

CHAPTER 13 PLAN

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to ... (more...)

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to pay all mandatory debts -- for example, back child support, taxes, and mortgage arrearages -- as well as some or all unsecured, nonpriority debts, such as medical and credit card bills.

LIMITED PARTNERSHIP

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner ... (more...)

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner or partners (called general partners) have unlimited personal liability. The key difference between a general and limited partner concerns management decision making--general partners run the business, and limited partners, who are usually passive investors, are not allowed to make day-to-day business decisions. If they do, they risk being treated as general partners with unlimited personal liability.

S CORPORATION

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status fro... (more...)

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status from the Internal Revenue Service. Electing to do business as an S corporation lets shareholders enjoy limited liability status, as would be true of any corporation, but be taxed like a partnership or sole proprietor. That is, instead of being taxed as a separate entity (as would be the case with a regular or C corporation) an S corporation is a pass-through tax entity: income taxes are reported and paid by the shareholders, not the S corporation. To qualify as an S corporation a number of IRS rules must be met, such as a limit of 75 shareholders and citizenship requirements.

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Seneca County, NY Reorganization Lawyers

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Barry Lee Porsch

Bertram C. Serling

Calvin Asa Brainard

Christi L. Miller

Dennis Frederick Bender

Donna M. Cathy

Emil Joseph Bove

Frank R. Fisher

Gregory Lee Bonney

Howard Ring Relin

TIPS

LEGAL TERMS

CHAPTER 13 BANKRUPTCY

FDCPA

COSIGNER

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

REDEMPTION

TRUTH IN LENDING ACT (TILA)

CHAPTER 13 PLAN

LIMITED PARTNERSHIP

S CORPORATION

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