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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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Carl O. Hoeppner

General Practice

Status: In Good Standing Licensed: 75 Years

CONTACT

25 South Street, Plymouth, WI 53073

Carl Hoeppner

General Practice

Status: In Good Standing Licensed: 75 Years

CONTACT

25 South Street, Plymouth, WI 53073

Dawn M. Sabel

Bankruptcy, Family Law, Criminal, Traffic, Child Custody

Status: In Good Standing Licensed: 38 Years

CONTACT

76 S Macy St, Fond Du Lac, WI 54935

John P. Hawley

Child Custody, Criminal, Collection, Animal Bite

Status: Inactive Licensed: 43 Years

CONTACT

400 1St St, Random Lake, WI 53075

Julie F. Stodolka

Tax, Bankruptcy & Debt

Status: In Good Standing Licensed: 37 Years

CONTACT

W4390 N County Rd, Plymouth, WI 53073

Kristine A. Pihlgren

Wills, Wills & Probate, Divorce & Family Law, Contract, Bankruptcy

Status: In Good Standing Licensed: 19 Years

CONTACT

3000 Poberezny Rd, Oshkosh, WI 54903

Kyle P. Kaufman

Power of Attorney, Divorce & Family Law, Criminal, Bankruptcy & Debt, Accident & Injury

Status: In Good Standing Licensed: 19 Years

CONTACT

400 1St St, Random Lake, WI 53075

Mark J. Brunner

Workout, Reorganization, Bankruptcy, Personal Injury

Status: In Good Standing Licensed: 43 Years

CONTACT

233 N Main Street, West Bend, WI 53095

Scott Rodman

Bankruptcy & Debt

Status: Inactive Licensed: 34 Years

CONTACT

131 S Main St, Fond Du Lac, WI 54935

Thomas J. King

Bankruptcy & Debt

Status: In Good Standing Licensed: 47 Years

CONTACT

2950 Universal Ct, Oshkosh, WI 54903

800-923-0641

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LEGAL TERMS

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.

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.

INTEREST

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to ... (more...)

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to your balance. This means that if your loan or credit line has an interest rate of 8%, the holder adds 8% to the balance each year. More specifically, interest is calculated and added to your loan or credit line through a process called compounding. If interest is compounded daily, the balance will rise by 1/365th of 8% each day. If interest is compounded monthly, the balance will rise 1/12th of 8% at the start of each month.

FDCPA

See Fair Debt Collections & Practices Act.

CURRENT MONTHLY INCOME

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding... (more...)

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding the bankruptcy filing. The debtor's current monthly income is used to determine whether the debtor can file for Chapter 7 bankruptcy, among other things.

PREFERENCE

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commer... (more...)

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commercial creditors) and within one year for insider creditors (friends, family members, and business associates). Because a preference gives the creditor who received the payment an edge over other creditors in the bankruptcy case, the trustee can recover the preference (the amount of the payment) and distribute it among all of the creditors.

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.

FAIR DEBT COLLECTIONS & PRACTICES ACT (FDCPA)

A federal law that outlaws unfair debt collection practices, including lying, harassing, misleading and otherwise abusing debtors, by debt collectors working fo... (more...)

A federal law that outlaws unfair debt collection practices, including lying, harassing, misleading and otherwise abusing debtors, by debt collectors working for collection agencies. The law does not apply to creditors collecting their own debts. This law has greatly improved conditions for debtors, although more than a few debt collectors ignore the law. If a collection agency violates the law, debtors can contact the Federal Trade Commission for help.

FAIR LABOR STANDARDS ACT (FLSA)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements ... (more...)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements for overtime and places restrictions on child labor.

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Eden Bankruptcy & Debt Lawyer, Wisconsin

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Carl O. Hoeppner

Carl Hoeppner

Dawn M. Sabel

John P. Hawley

Julie F. Stodolka

Kristine A. Pihlgren

Kyle P. Kaufman

Mark J. Brunner

Scott Rodman

Thomas J. King

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LEGAL TERMS

COSIGNER

TOXIC TORT

INTEREST

FDCPA

CURRENT MONTHLY INCOME

PREFERENCE

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

FAIR DEBT COLLECTIONS & PRACTICES ACT (FDCPA)

FAIR LABOR STANDARDS ACT (FLSA)

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