Elkhorn Collection 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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Jeremy Joseph Geisel

Family Law, Collection, Labor Law, Child Support

Status:

CONTACT

N14 W23755 Stone Ridge Drive, Waukesha, WI 53188

Benjamin A. Menzel

Collection, Construction Liens, Pension & Benefits, Labor Law

Status:

FREE CONSULTATION

CONTACT

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

Nathan E. DeLadurantey

Motor Vehicle, Consumer Rights, Credit & Debt, Collection

Status: Licensed: 19 Years

CONTACT

330 S Executive Dr, Brookfield, WI 53005

Heidi N. Miller

Consumer Rights, Student Rights, Credit & Debt, Collection

Status: Licensed: 14 Years

CONTACT

1655 N Mayfair Rd, Milwaukee, WI 53226

Dorothy Ann Case

Collection

Status: Licensed: 40 Years

CONTACT

400 N Broadway, Milwaukee, WI 53202

Gerald L. Crouse

Children's Rights, Children's Rights, Insurance, Collection, DUI-DWI

Status: Licensed: 36 Years

CONTACT

400 N Broadway, Milwaukee, WI 53202

Thomas D Vaitys

Consumer Protection, Deceptive Trade Practices, Credit & Debt, Collection

Status:

FREE CONSULTATION

CONTACT

2266 North Prospect Ave., Milwaukee, WI 53202

800-814-6700

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LEGAL TERMS

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.

SOLE PROPRIETORSHIP

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, m... (more...)

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, meaning that business profits are reported and taxed on the owner's personal tax return. Setting up a sole proprietorship is cheap and easy since no legal formation documents need be filed with any governmental agency (although tax registration and other permit and license requirements may still apply). Once you file a fictitious name statement (assuming you don't use your own name) and obtain any required basic tax permits and business licenses, you'll be in business. The main downside of a sole proprietorship is that its owner is personally liable for all business debts.

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.

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.

FDCPA

See Fair Debt Collections & Practices Act.

CREDITOR

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

UNDUE HARDSHIP

The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in t... (more...)

The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in the future to pay off the loan may be able to show that repayment would be an undue hardship.

COLLATERAL

Property that guarantees payment of a secured debt.

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.

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Elkhorn Collection Lawyer, Wisconsin

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Jeremy Joseph Geisel

Benjamin A. Menzel

Nathan E. DeLadurantey

Heidi N. Miller

Dorothy Ann Case

Gerald L. Crouse

Thomas D Vaitys

TIPS

LEGAL TERMS

AUTOMATIC STAY

SOLE PROPRIETORSHIP

LIMITED PARTNERSHIP

CREDIT INSURANCE

FDCPA

CREDITOR

UNDUE HARDSHIP

COLLATERAL

ACCORD AND SATISFACTION

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