South Colton Collection Lawyer, New York, page 7

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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 South Colton Collection lawyer.
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Sarah Cornelia Lee

General Practice

Status: In Good Standing Licensed: 9 Years

CONTACT

48 Court Street, Canton, NY 13617

Michael Charles Crowe

General Practice

Status: In Good Standing Licensed: 52 Years

CONTACT

51 State St, Canton, NY 13617

Laurie Paro

General Practice

Status: Inactive Licensed: 32 Years

CONTACT

3 Elm Street, Canton, NY 13617

Michael Leonard Levato

Real Estate, Criminal

Status: In Good Standing Licensed: 39 Years

CONTACT

6160 Cr 27, Canton, NY 13617

Jondavid Shane Delong

General Practice

Status: In Good Standing Licensed: 32 Years

CONTACT

34 Cornell Dr, Canton, NY 13617

David Garner

General Practice

Status: Suspended Licensed: 45 Years

CONTACT

107 Main St, Canton, NY 13617

Margaret E S Thorp

General Practice

Status: Inactive

CONTACT

7 Leroy St, Potsdam, NY 13676

Rosemary R. Philips

General Practice

Status: In Good Standing Licensed: 33 Years

CONTACT

Canton, NY 13617

Alfred C. Cassara

General Practice

Status: Suspended Licensed: 57 Years

CONTACT

35 Park Street, Canton, NY 13617

Sharon Marie Lumb

General Practice

Status: In Good Standing Licensed: 48 Years

CONTACT

Canton, NY 13617

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LEGAL TERMS

TRADE NAME

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

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.'

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.

COLLECTION AGENCY

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the d... (more...)

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the debt themselves, typically through letters (called 'dunning' letters) and telephone calls. Collection agencies are regulated by the federal Fair Debt Collection Practices Act. Unfortunately, too many collectors ignore this law.

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.

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.

FRAUDULENT TRANSFER

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee --... (more...)

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee -- for instance, when a debtor signs a car over to a relative to keep it out of the bankruptcy estate. Fraudulently transferred property can be recovered and sold by the trustee for the benefit of the creditors.

DISCHARGE (OF DEBTS)

A bankruptcy court's erasure of the debts of a person or business that has filed for bankruptcy.

CREDIT COUNSELING

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Unde... (more...)

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Under the new bankruptcy law, a debtor must undergo credit counseling with an approved provider before filing for bankruptcy.

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South Colton Collection Lawyer, New York, page 7

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Sarah Cornelia Lee

Michael Charles Crowe

Laurie Paro

Michael Leonard Levato

Jondavid Shane Delong

David Garner

Margaret E S Thorp

Rosemary R. Philips

Alfred C. Cassara

Sharon Marie Lumb

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LEGAL TERMS

TRADE NAME

LOSS DAMAGE WAIVER (LDW)

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

COLLECTION AGENCY

S CORPORATION

COSIGNER

FRAUDULENT TRANSFER

DISCHARGE (OF DEBTS)

CREDIT COUNSELING

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