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Michael David Siegel

Michael David Siegel

Siegel & Siegel, P.C.
  • Business Law, Bankruptcy, Real Estate Law...
  • New Jersey, New York
Claimed Lawyer ProfileQ&ALII Gold

Check out my background at my website,

Practice Areas
  • Business Law
  • Bankruptcy
  • Real Estate Law
  • Foreclosure Defense
  • Probate
  • Education Law
  • Free Consultation
Jurisdictions Admitted to Practice
New Jersey
New York
  • Croatian
Professional Experience
Owner and Partner
Siegel & Siegel, P.C.
- Current
McCarter & English LLP
Milbank Tweed Hadley & McCloy LLP
University of Chicago
J.D. / Law (1990)
Columbia University
M.A. / Political Science (1987)
University of Illinois - Urbana-Champaign
B.A. / Political Science and History (1986)
Honors: Summa Cum Laude Martha Barrett Prize for highest GPA in History
Professional Associations
New York State Bar # 2372258
- Current
Websites & Blogs
Legal Answers
381 Questions Answered

Q. Secured creditors in Chapter 7 Bankruptcy.
A: The trustee can sell the property with notice to you and paying you at the sale. You can take your property with a motion and meeting the standard to do so. You cannot just take it.
Q. Does Chapter 7 discharge automatically accelerates a debt?
A: It does not automatically accelerate the debt.
Q. Is my landlord allowed to charge me for time I am no longer in possession of my apartment?
A: The answer would be yes unless your lease says different. Someone would have to review your lease.
Q. Question on completing schedules for corporate bankruptcy filing
A: The portion that you own, which would be stated as such.
Q. The house we rent is being sold. Can we use the rent deposit for a month's rent before the property is sold?
A: Not legally, but everyone does it.
Q. Contract closing day about June 10th. Sellers Staying until July. Loan commitment wil be expired. Obligated to re-apply?
A: They have the right to stay to July and make you reapply. I am sure they do not want to re-list the property. Ask if they will pay the rate lock extension.
Q. Can I get sued for rent even though I'm not on the lease?
A: While it is easier to sue if there was a lease there is a claim for "use and occupancy" he can sue for.
Q. Can I file Chapter 7 for IRS back taxes that I owe? The IRS wants to put a Levy on m property and seize my assets. Will
A: If you never filed the returns, then no. File the returns, and do an offer in compromise to settle the amount.
Q. My father passed and all he has is debts - am I on the hook for them?
A: No. Notify creditors that he has died. There is no need to form an estate if there are no assets to pass.
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Contact & Map
One Penn Plaza
Suite 2414
New York, NY 10119
Telephone: (212) 721-5300
Fax: (212) 947-9967