Grant County, WI Workout Lawyers

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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 Grant Workout lawyer.
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Kim J. Skemp

Divorce & Family Law, Prenuptial Agreements, Alimony & Spousal Support, Family Law, Child Support

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44 E Main St, Platteville, WI 53818

Thomas H. Geyer

Real Estate Other, Estate Planning, Estate, Family Law, DUI-DWI

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CONTACT

44 E Main St, Platteville, WI 53818

Bret G. Nason

Litigation, Consumer Protection, Bankruptcy, Bankruptcy & Debt

Status:

CONTACT

1344 Arbor Oaks Ln, Lancaster, WI 53813

Eileen A. Brownlee

Education, Municipal, Employee Rights

Status: Licensed: 41 Years

CONTACT

1038 Lincoln Ave, Fennimore, WI 53809

Mac A. McKichan

Government

Status: Licensed: 62 Years

CONTACT

44 E Main St, Platteville, WI 53818

Nathaniel W. Curry

Real Estate, Child Custody, Divorce & Family Law, DUI-DWI

Status:

CONTACT

44 E Main St, Platteville, WI 53818

Michael J. Olds

Real Estate Other, Divorce, Credit & Debt, Malpractice

Status:

CONTACT

44 E Main St, Platteville, WI 53818

Benjamin R. Wood

Real Estate, Traffic, Class Action, Estate

Status: Licensed: 13 Years

CONTACT

1180 Jackson St, Fennimore, WI 53809

Eric Donald Reinicke

Government

Status: Licensed: 31 Years

CONTACT

118 W Cherry St, Lancaster, WI 53813

H. Brian Muller

General Practice

Status: Licensed: 26 Years

CONTACT

44 E Main St, Platteville, WI 53818

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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.

PREFERENCE

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commer... (more...)

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commercial creditors) and within one year for insider creditors (friends, family members, and business associates). Because a preference gives the creditor who received the payment an edge over other creditors in the bankruptcy case, the trustee can recover the preference (the amount of the payment) and distribute it among all of the creditors.

TRADE DRESS

The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape... (more...)

The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape of Frangelico liqueur bottles. Trade dress can be protected under trademark law if a showing can be made that the average consumer would likely be confused as to product origin if another product were allowed to appear in similar dress.

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.

FAIR DEBT COLLECTIONS & PRACTICES ACT (FDCPA)

A federal law that outlaws unfair debt collection practices, including lying, harassing, misleading and otherwise abusing debtors, by debt collectors working fo... (more...)

A federal law that outlaws unfair debt collection practices, including lying, harassing, misleading and otherwise abusing debtors, by debt collectors working for collection agencies. The law does not apply to creditors collecting their own debts. This law has greatly improved conditions for debtors, although more than a few debt collectors ignore the law. If a collection agency violates the law, debtors can contact the Federal Trade Commission for help.

ADMINISTRATIVE EXPENSES

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Admi... (more...)

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Administrative costs are typically 10% of the debtor's total payments under the plan.

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.

BANKRUPTCY TRUSTEE

A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is t... (more...)

A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is to gather the debtor's nonexempt property, liquidate it and distribute it proportionally to her creditors. In a Chapter 13 case, the trustee's role is to receive the debtor's monthly payments and distribute them proportionally to her creditors.

DEBT COLLECTOR

A person who works in the in-house collections department of an original creditor or a collection agency to track down debtors and get them to pay what they owe... (more...)

A person who works in the in-house collections department of an original creditor or a collection agency to track down debtors and get them to pay what they owe. Debt collectors can be relentless, often using scare tactics, humiliation and repeated phone calls to extract payments or promises to pay.

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Grant County, WI Workout Lawyers

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Kim J. Skemp

Thomas H. Geyer

Bret G. Nason

Eileen A. Brownlee

Mac A. McKichan

Nathaniel W. Curry

Michael J. Olds

Benjamin R. Wood

Eric Donald Reinicke

H. Brian Muller

TIPS

LEGAL TERMS

UNSECURED DEBT

PREFERENCE

TRADE DRESS

INTEREST

FAIR DEBT COLLECTIONS & PRACTICES ACT (FDCPA)

ADMINISTRATIVE EXPENSES

SOLE PROPRIETORSHIP

BANKRUPTCY TRUSTEE

DEBT COLLECTOR

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