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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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Herbert Hoover Franks

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Accident & Injury, Workers' Compensation, Bankruptcy & Debt, Real Estate, Divorce & Family Law

Herb Franks grew up on a dairy farm in Marengo, Illinois. And as a young man working early and long hours milking cows, he knew he wanted more out of ... (more)

FREE CONSULTATION

CONTACT

815-923-2107

19333 East Grant Highway, Marengo, IL 60152

James P Mullally

Family Law, Banking & Finance, Collection, Bankruptcy

Status: In Good Standing

FREE CONSULTATION

CONTACT

19333 East Grant Highway, Marengo, IL 60152

Steven Greeley

Accident & Injury, Criminal, Divorce & Family Law, Bankruptcy & Debt, Workers' Compensation

Status: In Good Standing

FREE CONSULTATION

CONTACT

19333 E Grant Hwy, Marengo, IL 60152

Rebecca Lamm

Litigation, Civil Rights, Bankruptcy, Personal Injury

Status: In Good Standing Licensed: 16 Years

CONTACT

19333 E Grant Hwy, Marengo, IL 60152

Rebecca Anne Lamm

Litigation, Civil Rights, Bankruptcy, Personal Injury, Bankruptcy & Debt

Status: In Good Standing Licensed: 16 Years

CONTACT

19333 E Grant Hwy, Marengo, IL 60152

William Pulak

Landlord-Tenant, Divorce, Business, Collection

Status: In Good Standing Licensed: 33 Years

CONTACT

110 W Prairie St, Marengo, IL 60152

William Douglas Pulak

Landlord-Tenant, Divorce, Business, Collection

Status: In Good Standing Licensed: 33 Years

CONTACT

110 W Prairie St, Marengo, IL 60152

Jeffrey Bruce Rifken

Civil Rights, Collection, Divorce, Transactions

Status: In Good Standing Licensed: 52 Years

CONTACT

12274 Daphne Drive, Huntley, IL 60142

Jeffrey Rifken

Civil Rights, Collection, Divorce, Transactions

Status: In Good Standing Licensed: 52 Years

CONTACT

12274 Daphne Drive, Huntley, IL 60142

Michael Cortina

Litigation, Banking & Finance, Business, Collection

Status: In Good Standing Licensed: 27 Years

CONTACT

2460 Lake Shore Drive, Woodstock, IL 60098

800-923-0641

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LEGAL TERMS

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.

LIEN

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortg... (more...)

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortgages, home equity loans, car loans and personal loans for which you pledge property to guarantee repayment. Liens created without your consent are called nonconsensual liens, and include judgment liens (liens filed by a creditor who has sued you and obtained a judgment), tax liens and mechanics liens (liens filed by a contractor who worked on your house but wasn't paid).

CCCS

See Consumer Credit Counseling Service.

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.

CREDITOR

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

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.

GUARANTEED RESERVATION

A hotel or rental car reservation secured by a credit card number. In exchange for your card number, the hotel or rental agency promises to have a room or vehic... (more...)

A hotel or rental car reservation secured by a credit card number. In exchange for your card number, the hotel or rental agency promises to have a room or vehicle for you no matter when you show up. If you have a guaranteed reservation with a hotel, it must provide you with a room, either at that hotel or at another comparable establishment. If you have a guaranteed reservation with a car agency, it must provide you with a vehicle. The downside of a guaranteed reservation is that if you don't show up and haven't cancelled your reservation, you will be billed for one night in the room or one day's use of the vehicle.

ABUSE

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because ... (more...)

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because the debtor appears to have enough disposable income to fund a Chapter 13 repayment plan.

CHAPTER 7 BANKRUPTCY

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 b... (more...)

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 bankruptcy takes from three to six months, costs about $200, and commonly requires only one trip to the courthouse.

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Union Bankruptcy & Debt Lawyer, Illinois

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Herbert Hoover Franks

James P Mullally

Steven Greeley

Rebecca Lamm

Rebecca Anne Lamm

William Pulak

William Douglas Pulak

Jeffrey Bruce Rifken

Jeffrey Rifken

Michael Cortina

TIPS

LEGAL TERMS

401(K) PLAN

LIEN

CCCS

CYBERSQUATTING

CREDITOR

IRS EXPENSES

GUARANTEED RESERVATION

ABUSE

CHAPTER 7 BANKRUPTCY

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