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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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Eric M Wiechert

Construction, Litigation, International Tax, Bankruptcy

Status: In Good Standing

CONTACT

Ladysmith, WI 54848

Katie Marie Posewitz

Social Security, Workers' Compensation, Family Law, Collection

Status: In Good Standing Licensed: 14 Years

CONTACT

Ladysmith, WI 54848

John W. Slaby

Corporate, Banking & Finance, Bankruptcy Litigation, Bankruptcy

Status: Deceased Licensed: 51 Years

CONTACT

Phillips, WI 54555

Michael D. Shiffler

Real Estate, Litigation, Estate Planning, Business, Bankruptcy

Status: In Good Standing Licensed: 25 Years

CONTACT

128 W Division St, Medford, WI 54451

Bonnie Wachsmuth

Family Law, Divorce, Misdemeanor, Bankruptcy

Status: In Good Standing Licensed: 29 Years

CONTACT

124 E 5Th St, Owen, WI 54460

Susan C. Lein

Estate, Divorce & Family Law, Bankruptcy & Debt

Status: In Good Standing Licensed: 41 Years

CONTACT

15692 Us Highway 63, Hayward, WI 54843

Peter Frank Kartje

General Practice

Status: In Good Standing Licensed: 17 Years

CONTACT

1620 Willow Creek Pkwy, Chippewa Falls, WI 54729

Sarah E. Brown-Jager

Lawsuit & Dispute, Divorce & Family Law, Business, Bankruptcy & Debt

Status: In Good Standing Licensed: 14 Years

CONTACT

411 N Bridge St, Eau Claire, WI 54703

Janet M. McDonough

Bankruptcy & Debt, Divorce & Family Law, Estate

Status: In Good Standing Licensed: 28 Years

CONTACT

103 North Bridge Street, Chippewa Falls, WI 54729

Ardis A. Cray

Criminal, Family Law, Estate Planning, Bankruptcy

Status: Inactive Licensed: 47 Years

CONTACT

12259 65Th Ave, Chippewa Falls, WI 54729

800-923-0641

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LEGAL TERMS

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.

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.

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.

CREDIT INSURANCE

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay o... (more...)

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay off the remaining balance. Federal and state consumer protection laws require the lender to disclose to existing and potential borrowers the terms and costs of obtaining credit insurance because it can affect the terms of the loan.

FCRA

See Fair Credit Reporting Act.

AUTOMATIC STAY

An injunction automatically issued by the bankruptcy court when a debtor files for bankruptcy. The automatic stay prohibits most creditor collection activities,... (more...)

An injunction automatically issued by the bankruptcy court when a debtor files for bankruptcy. The automatic stay prohibits most creditor collection activities, such as filing or continuing lawsuits, making written requests for payment, or notifying credit reporting bureaus of an unpaid debt.

MEANS TEST

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income ... (more...)

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income for his or her state should be allowed to file for Chapter 7 bankruptcy.

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.

DISPOSABLE INCOME

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Ch... (more...)

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Chapter 13 plan.

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Glen Flora Bankruptcy & Debt Lawyer, Wisconsin

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Eric M Wiechert

Katie Marie Posewitz

John W. Slaby

Michael D. Shiffler

Bonnie Wachsmuth

Susan C. Lein

Peter Frank Kartje

Sarah E. Brown-Jager

Janet M. McDonough

Ardis A. Cray

TIPS

LEGAL TERMS

S CORPORATION

CYBERSQUATTING

FAIR LABOR STANDARDS ACT (FLSA)

CREDIT INSURANCE

FCRA

AUTOMATIC STAY

MEANS TEST

COLLECTION AGENCY

DISPOSABLE INCOME

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