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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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Guy Thomas Ludvigson

Family Law, Divorce & Family Law, Bankruptcy

Status: Licensed: 49 Years

CONTACT

208 Cascade Street, Osceola, WI 54020

Mark Drew Biller

Traffic, Child Custody, Criminal, Bankruptcy, Personal Injury

Status:

CONTACT

840 Park Dr, Balsam Lake, WI 54810

Chelsea A. Whitley

Guardianships & Conservatorships, Wills & Probate, Power of Attorney, Bankruptcy

Status: Licensed: 25 Years

CONTACT

234 Keller Ave S, Amery, WI 54001

Michael J. Brose

Workers' Compensation, Divorce, Criminal, Bankruptcy, Accident & Injury

Status:

CONTACT

103 North Knowles Ave, New Richmond, WI 54017

James Remington

Litigation, Divorce & Family Law, Bankruptcy & Debt, Personal Injury

Status: Licensed: 47 Years

CONTACT

126 S Knowles Ave, New Richmond, WI 54017

Eric Leighton Crandall

Dispute Resolution, Consumer Protection, Business, Collection

Status: Licensed: 34 Years

CONTACT

251 S Knowles Ave, New Richmond, WI 54017

800-814-6700

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LEGAL TERMS

WORKOUT

A debtor's plan to take care of a debt, by paying it off or through loan forgiveness. Workouts are often created to avoid bankruptcy or foreclosure proceedings.

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.

COLLATERAL

Property that guarantees payment of a secured debt.

FCRA

See Fair Credit Reporting Act.

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.

CREDIT FILE

See credit report.

WINDING UP

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, a... (more...)

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, all with the ultimate goal of liquidating or closing down a corporation or partnership.

NONPROFIT CORPORATION

A legal structure authorized by state law allowing people to come together to either benefit members of an organization (a club, or mutual benefit society) or f... (more...)

A legal structure authorized by state law allowing people to come together to either benefit members of an organization (a club, or mutual benefit society) or for some public purpose (such as a hospital, environmental organization or literary society). Nonprofit corporations, despite the name, can make a profit, but the business cannot be designed primarily for profit-making purposes, and the profits must be used for the benefit of the organization or purpose the corporation was created to help. When a nonprofit corporation dissolves, any remaining assets must be distributed to another nonprofit, not to board members. As with for-profit corporations, directors of nonprofit corporations are normally shielded from personal liability for the organization's debts. Some nonprofit corporations qualify for a federal tax exemption under _ 501(c)(3) of the Internal Revenue Code, with the result that contributions to the nonprofit are tax deductible by their donors.

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.

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Dresser Bankruptcy & Debt Lawyer, Wisconsin

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Guy Thomas Ludvigson

Mark Drew Biller

Chelsea A. Whitley

Michael J. Brose

James Remington

Eric Leighton Crandall

TIPS

LEGAL TERMS

WORKOUT

INFRINGEMENT (OF TRADEMARK)

COLLATERAL

FCRA

401(K) PLAN

CREDIT FILE

WINDING UP

NONPROFIT CORPORATION

CURRENT MONTHLY INCOME

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