Cornucopia Bankruptcy & Debt Lawyer, Wisconsin

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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 Cornucopia Bankruptcy & Debt lawyer.
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John R. Carlson

Estate, Real Estate

Status: In Good Standing Licensed: 20 Years

CONTACT

122 W Bayfield St, Washburn, WI 54891

Jack A. Carlson

Commercial Real Estate, Litigation, Wills & Probate, Family Law

Status: In Good Standing Licensed: 50 Years

CONTACT

122 W Bayfield St, Washburn, WI 54891

Patrick J. Boerboon

General Practice

Status: In Good Standing Licensed: 16 Years

CONTACT

71470 State Highway13, Ashland, WI 54806

Michael F. Fauerbach

Lawsuit & Dispute, Government, Collection, Accident & Injury

Status: In Good Standing Licensed: 48 Years

CONTACT

200 Chapple Ave, Ashland, WI 54806

Denise E. Ciebien

Lawsuit & Dispute, Government, Estate

Status: In Good Standing Licensed: 30 Years

CONTACT

317 West Main Street, Ashland, WI 54806

Joseph Edward Martell

Industry Specialties, Business, Collection, Bankruptcy & Debt

Status: In Good Standing Licensed: 31 Years

CONTACT

200 Chapple Ave, Ashland, WI 54806

H Craig Haukaas

Education, Real Estate, Felony, DUI-DWI, Criminal

Status: In Good Standing Licensed: 33 Years

CONTACT

101 W Main St, Ashland, WI 54806

Courtney J. Latzig

General Practice

Status: In Good Standing Licensed: 11 Years

CONTACT

101 W Main St, Ashland, WI 54806

M. Joseph Rafferty

Education, Criminal

Status: In Good Standing Licensed: 16 Years

CONTACT

114 Main St W, Ashland, WI 54806

Tanya M. Brown

General Practice

Status: Inactive Licensed: 13 Years

CONTACT

37754 Bineshii Dr, Bayfield, WI 54814

800-923-0641

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LEGAL TERMS

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.

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.

ADMINISTRATIVE EXPENSES

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Admi... (more...)

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Administrative costs are typically 10% of the debtor's total payments under the plan.

CREDITOR

A person or entity (such as a bank) to whom a debt is owed.

BULK SALES LAW

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to ... (more...)

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to conduct a bulk sale of business assets -- that is, get rid of an unusually large amount of inventory, merchandise or equipment -- the business owner must typically publish a notice of the sale and give written notice to creditors. Then, the owner must set up an account to hold the funds from the sale for a brief period of time during which creditors may make claims against the money. The prohibition against bulk sales is spelled out in the Uniform Commercial Code -- and laws modeled on the UCC have been generally adopted throughout the country.

CYBERSQUATTING

Buying a domain name that reflects the name of a business or famous person with the intent of selling the name back to the business or celebrity for a profit. T... (more...)

Buying a domain name that reflects the name of a business or famous person with the intent of selling the name back to the business or celebrity for a profit. The Anticybersquatting Consumer Protection Act of 1999 authorizes a cybersquatting victim to file a federal lawsuit to regain a domain name or sue for financial compensation. Under the act, registering, selling or using a domain name with the intent to profit from someone else's good name is considered cybersquatting. Victims of cybersquatting can also use the provisions of the Uniform Domain Name Dispute Resolution Policy adopted by ICANN, an international tribunal administering domain names. This international policy results in arbitration of the dispute, not litigation.

IRS EXPENSES

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income mu... (more...)

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income must use the IRS expenses to calculate their average net income in a Chapter 7 case, or their disposable income in a Chapter 13 case.

GRACE PERIOD

A period of time during which you are not required to make payments on a debt. For example, most credit cards give you a grace period of 20-30 days before you h... (more...)

A period of time during which you are not required to make payments on a debt. For example, most credit cards give you a grace period of 20-30 days before you have to pay interest on the amount of your purchases. Cash advances, however, usually have no grace period; interest begins to accumulate from the date of the withdrawal, even if you pay your bills on time. Also, some student loans give you a grace period after graduating or dropping out of school. During this time, you are not required to make payments on your loan.

401(K) PLAN

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income ... (more...)

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income taxes on the amount invested and any earnings are due until the employee withdraws money from the fund.

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Cornucopia Bankruptcy & Debt Lawyer, Wisconsin

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

John R. Carlson

Jack A. Carlson

Patrick J. Boerboon

Michael F. Fauerbach

Denise E. Ciebien

Joseph Edward Martell

H Craig Haukaas

Courtney J. Latzig

M. Joseph Rafferty

Tanya M. Brown

TIPS

LEGAL TERMS

TRUTH IN LENDING ACT (TILA)

SETOFF

ADMINISTRATIVE EXPENSES

CREDITOR

BULK SALES LAW

CYBERSQUATTING

IRS EXPENSES

GRACE PERIOD

401(K) PLAN

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