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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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Ian L. Crimmins

Estate Planning, Family Law, Criminal, Collection

Status: In Good Standing

FREE CONSULTATION

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18 Park Row, Chatham, NY 12037

Ian Lyle Crimmins

Estate Planning, Family Law, Criminal, Collection

Status: In Good Standing

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18 Park Row, Chatham, NY 12037

David Hilleary Wilder

Litigation, Arbitration, Banking & Finance, Credit & Debt

Status: In Good Standing

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39 North Pearl Street, Albany, NY 12207

Shannan Collier Krasnokutski

Arbitration, Credit & Debt, Employee Rights, Environmental Law Other

Status: In Good Standing

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39 North Pearl Street, Albany, NY 12207

E Raymond Kolarsey

Health Care Other, Life & Health, Insurance, Reorganization

Status: In Good Standing

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121 State St, Albany, NY 12207

Patrick F. Tedesco

Litigation, Banking & Finance, Business, Credit & Debt

Status: In Good Standing

CONTACT

39 North Pearl Street, Albany, NY 12207

John D. Rodgers

Lawsuit & Dispute, Contract, Business, Bankruptcy & Debt

Status: In Good Standing Licensed: 43 Years

CONTACT

8 Thurlow Ter, Albany, NY 12203

Kenneth Lee Gellhaus

Reorganization, Litigation, Construction, Collection

Status: In Good Standing Licensed: 38 Years

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677 Broadway, Albany, NY 12207

Michael J. Hall

Banking & Finance, Litigation, Construction, Reorganization

Status: In Good Standing

CONTACT

677 Broadway, Albany, NY 12201

Jorge Alberto Rodriguez

Collection, Commercial Bankruptcy, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 19 Years

CONTACT

8 Thurlow Ter, Albany, NY 12203

800-923-0641

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LEGAL TERMS

TOXIC TORT

A personal injury caused by exposure to a toxic substance, such as asbestos or hazardous waste. Victims can sue for medical expenses, lost wages and pain and su... (more...)

A personal injury caused by exposure to a toxic substance, such as asbestos or hazardous waste. Victims can sue for medical expenses, lost wages and pain and suffering.

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.

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.

COLLATERAL

Property that guarantees payment of a secured debt.

CREDIT BUREAU

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit... (more...)

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit card companies that use the information to screen applicants for loans and credit cards. There are three major credit bureaus, Equifax, Experian and Trans Union, and they are regulated by the federal Fair Credit Reporting Act.

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.

FCRA

See Fair Credit Reporting Act.

TRADE NAME

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

SETOFF

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a countercl... (more...)

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a counterclaim filed by a defendant in a lawsuit. Banks may try to exercise a setoff by taking money out of a deposit account to satisfy past due payments on a loan or credit card bill. Such an act is illegal under most circumstances.

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Stuyvesant Bankruptcy & Debt Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Ian L. Crimmins

Ian Lyle Crimmins

David Hilleary Wilder

Shannan Collier Krasnokutski

E Raymond Kolarsey

Patrick F. Tedesco

John D. Rodgers

Kenneth Lee Gellhaus

Michael J. Hall

Jorge Alberto Rodriguez

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LEGAL TERMS

TOXIC TORT

TRUTH IN LENDING ACT (TILA)

ACCORD AND SATISFACTION

COLLATERAL

CREDIT BUREAU

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

FCRA

TRADE NAME

SETOFF

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