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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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Mark A. Schoenfeldt

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Criminal, Accident & Injury, Car Accident, Divorce & Family Law, Bankruptcy & Debt

Are you facing criminal charges, whether a misdemeanor or felony, in or around Milwaukee, Waukesha, Racine, Kenosha, or elsewhere in Wisconsin? You sh... (more)

FREE CONSULTATION

CONTACT

414-272-2860

230 West Wells Street, Milwaukee, WI 53203

John V. Burns

Estate Planning, Family Law, Criminal, Bankruptcy

Status: In Good Standing

CONTACT

1111 East Sumner Street, Hartford, WI 53027

Ryan J. Harrington

Traffic, Criminal, Bankruptcy & Debt, Accident & Injury

Status: In Good Standing

CONTACT

N14 W23755 Stone Ridge Drive, Waukesha, WI 53188

Brian A. Romans

Contract, Credit & Debt, Estate Administration, Land Use & Zoning

Status: In Good Standing

CONTACT

N94 W17900 Appleton Avenue, Menomonee Falls, WI 53051

John Krawczyk

Americans with Disabilities Act , Commercial Banks, Credit & Debt, Directors & Officers

Status: In Good Standing

CONTACT

16650 W. Bluemound Rd., Brookfield, WI 53005

Tamara N. Jackson

Estate Planning, Family Law, Elder Law, Bankruptcy

Status: In Good Standing

FREE CONSULTATION

CONTACT

2200 N. Mayfair Road, Milwaukee, WI 53226

Benjamin A. Menzel

Collection, Construction Liens, Pension & Benefits, Labor Law

Status: In Good Standing

FREE CONSULTATION

CONTACT

1555 N. River Center Dr., Milwaukee, WI 53212

Jeremy T.C. Wenzel

Freedom of Information, Voting Rights, Bankruptcy

Status: In Good Standing

FREE CONSULTATION

CONTACT

735 W. Wisconsin Avenue, Milwaukee, WI 53233

Mark J. Brunner

Workout, Reorganization, Bankruptcy, Personal Injury

Status: In Good Standing Licensed: 43 Years

CONTACT

233 N Main Street, West Bend, WI 53095

Kurt A. F. Malmquist

Workers' Compensation, Family Law, Insurance, Credit & Debt, Personal Injury

Status: In Good Standing Licensed: 41 Years

CONTACT

142 N Main St, Mequon, WI 53092

800-923-0641

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LEGAL TERMS

UNSECURED DEBT

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only reme... (more...)

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only remedy is to sue you and get a judgment. Compare secured debt.

SECURED DEBT

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collater... (more...)

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collateral, to satisfy the debt if you default. Compare unsecured debt.

FRATERNAL BENEFIT SOCIETY BENEFITS

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal socie... (more...)

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal societies that provide benefits. Also called benefit society, benevolent society or mutual aid association benefits. Under bankruptcy laws, these benefits are virtually always considered exempt property.

SECRET WARRANTY PROGRAM

A program under which a car manufacturer will make repairs for free on vehicles with persistent problems, even after the warranty has expired, in order to avoid... (more...)

A program under which a car manufacturer will make repairs for free on vehicles with persistent problems, even after the warranty has expired, in order to avoid a recall and the accompanying bad press. Secret warranties are rarely advertised by the manufacturer, so consumers must pursue the manufacturer to discover and take advantage of them. A few states require manufacturers to notify car buyers when they adopt secret warranty programs.

DEFINED CONTRIBUTION PLAN

A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount ... (more...)

A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount every month, or every year, for each employee. The employer usually pays a fixed percentage of an employee's wages or salary, although sometimes the amount is a fraction of the company's profits, with the size of each employee's pension share depending on the amount of wage or salary. Upon retirement, each employee's pension is determined by how much was contributed to the fund on behalf of that employee over the years, plus whatever earnings that money has accumulated as part of the investments of the entire pension fund.

INFRINGEMENT (OF TRADEMARK)

Unauthorized use of a protected trademark or service mark, or use of something very similar to a protected mark. The success of a lawsuit to stop the infringeme... (more...)

Unauthorized use of a protected trademark or service mark, or use of something very similar to a protected mark. The success of a lawsuit to stop the infringement turns on whether the defendant's use causes a likelihood of confusion in the average consumer. If a court determines that the average consumer would be confused, the owner of the original mark can prevent the other's use of the infringing mark and sometimes collect damages.

LIMITED PARTNERSHIP

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner ... (more...)

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner or partners (called general partners) have unlimited personal liability. The key difference between a general and limited partner concerns management decision making--general partners run the business, and limited partners, who are usually passive investors, are not allowed to make day-to-day business decisions. If they do, they risk being treated as general partners with unlimited personal liability.

BANKRUPTCY

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are ... (more...)

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are two types of bankruptcies -- liquidation, in which your debts are wiped out (discharged) and reorganization, in which you provide the court with a plan for how you intend to repay your debts. For both consumers and business, liquidation bankruptcy is called Chapter 7. For consumers, reorganization bankruptcy is called Chapter 13. Reorganization bankruptcy for consumers with an extraordinary amount of debt and for businesses is called Chapter 11. Reorganization bankruptcy for family farmers is called Chapter 12.

Slinger Bankruptcy & Debt Lawyer, Wisconsin

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Mark A. Schoenfeldt

John V. Burns

Ryan J. Harrington

Brian A. Romans

John Krawczyk

Tamara N. Jackson

Benjamin A. Menzel

Jeremy T.C. Wenzel

Mark J. Brunner

Kurt A. F. Malmquist

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LEGAL TERMS

UNSECURED DEBT

SECURED DEBT

FRATERNAL BENEFIT SOCIETY BENEFITS

SECRET WARRANTY PROGRAM

DEFINED CONTRIBUTION PLAN

INFRINGEMENT (OF TRADEMARK)

LIMITED PARTNERSHIP

BANKRUPTCY

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