Bayfield 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 Bayfield Bankruptcy & Debt lawyer.
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Wade Max Williams

Civil & Human Rights

Status: In Good Standing Licensed: 25 Years

CONTACT

8636 Ashcroft Avenue, Bayfield, WI 54814

Wade Max Williams

Civil & Human Rights

Status: In Good Standing Licensed: 25 Years

CONTACT

8636 Ashcroft Avenue, Bayfield, WI 54814

Wade Max Williams

Civil & Human Rights

Status: In Good Standing Licensed: 25 Years

CONTACT

8636 Ashcroft Avenue, Bayfield, WI 54814

Gerald Svoboda

General Practice

Status: In Good Standing Licensed: 53 Years

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Bayfield, WI 54814

Gerald L. Svoboda

General Practice

Status: In Good Standing Licensed: 53 Years

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Bayfield, WI 54814

Alonzo B. Seran

General Practice

Status: Inactive Licensed: 39 Years

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Bayfield, WI 54814

Tanya M. Brown

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Status: Inactive Licensed: 13 Years

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Rebecca R. Haller

Lawsuit & Dispute, Divorce & Family Law, Business

Status: In Good Standing Licensed: 35 Years

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83645 State Hwy 13, Bayfield, WI 54814

Samuel William Jensch

General Practice

Status: In Good Standing Licensed: 91 Years

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Bayfield, WI 54814

Barbara Hoekstra

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Status: Suspended Licensed: 35 Years

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Bayfield, WI 54814

800-923-0641

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LEGAL TERMS

NONEXEMPT PROPERTY

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typicall... (more...)

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typically includes valuable clothing (furs) and electronic equipment, an expensive car that's been paid off and most of the equity in your house. Compare exempt property.

ACCORD AND SATISFACTION

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collectin... (more...)

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collecting as much money as they can from debtors who cannot pay the full amount.

REPOSSESSION

A creditor's taking property that has been pledged as collateral for a loan. Lenders will most often repossess cars when the owner has missed loan payments and ... (more...)

A creditor's taking property that has been pledged as collateral for a loan. Lenders will most often repossess cars when the owner has missed loan payments and has not attempted to work with the lender to resolve the problem. A repossessor can't use force to get at your car, but he can legally hot-wire it and even drive it out of your unlocked garage.

COLLATERAL

Property that guarantees payment of a secured debt.

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.

NONDISCHARGEABLE DEBTS

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chap... (more...)

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chapter 13 bankruptcy, the nondischargeable debts will have to be paid in full during your plan or you will have a balance at the end of your case. Examples of nondischargeable debts include alimony and child support, most income tax debts, many student loans and debts for personal injury or death caused by drunk driving. Compare dischargeable debts.

CREDITOR

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

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.

DEBIT CARD

A card issued by a bank that combines the functions of an ATM card and checks. A debit card can be used to withdraw cash at a bank like an ATM card, and it can ... (more...)

A card issued by a bank that combines the functions of an ATM card and checks. A debit card can be used to withdraw cash at a bank like an ATM card, and it can also be used at stores to pay for goods and services in place of a check. Unlike a credit card, a debit card automatically withdraws money from your checking account at the time of the transaction. Debit cards are regulated by the Electronic Funds Transfer Act.

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Bayfield Bankruptcy & Debt Lawyer, Wisconsin

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Wade Max Williams

Wade Max Williams

Wade Max Williams

Gerald Svoboda

Gerald L. Svoboda

Alonzo B. Seran

Tanya M. Brown

Rebecca R. Haller

Samuel William Jensch

Barbara Hoekstra

TIPS

LEGAL TERMS

NONEXEMPT PROPERTY

ACCORD AND SATISFACTION

REPOSSESSION

COLLATERAL

401(K) PLAN

NONDISCHARGEABLE DEBTS

CREDITOR

INTEREST

DEBIT CARD

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