Hertel Bankruptcy & Debt Lawyer, Wisconsin

Sponsored Law Firm

x
Click For More Info:

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.
1. Contact
2. E-mail
3. Refer
5. Visit:
6. Website
7. Profile

Chelsea A. Whitley

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

Status: Licensed: 25 Years

CONTACT

234 Keller Ave S, Amery, WI 54001

Mark Drew Biller

Traffic, Child Custody, Criminal, Bankruptcy, Personal Injury

Status:

CONTACT

840 Park Dr, Balsam Lake, WI 54810

Arthur C. Benson

Real Estate, Estate, Bankruptcy & Debt

Status: Licensed: 45 Years

CONTACT

29092 Pardun Road, Danbury, WI 54830

Shawn M. Dunlevy

Bankruptcy & Debt

Status: Licensed: 45 Years

CONTACT

Gordon, WI 54838

Guy Thomas Ludvigson

Family Law, Divorce & Family Law, Bankruptcy

Status: Licensed: 50 Years

CONTACT

208 Cascade Street, Osceola, WI 54020

Alan L. Sykes

Real Estate, Divorce & Family Law, Criminal, Bankruptcy & Debt

Status: Licensed: 48 Years

CONTACT

1030 S Main Street, Rice Lake, WI 54868

Paul A. Temanson

Government, Estate, Divorce & Family Law, Bankruptcy & Debt

Status: Licensed: 39 Years

CONTACT

1235 Carson Rd, Spooner, WI 54801

800-814-6700

Free Help: Use This Form or Call 800-814-6700

Call me for fastest results!
800-814-6700

Free Help: Use This Form or Call 800-814-6700

By submitting this request, I authorize you to forward my information to multiple potential lawyers and I agree to your Terms of Use and Privacy Policy including the Consent to Receive Automated Phone Calls, Emails and Texts. Information you provide is not privileged or confidential.

LEGAL TERMS

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.

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.

FCRA

See Fair Credit Reporting Act.

LIMITED LIABILITY

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or ... (more...)

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or a person who invests in a corporation (a shareholder) generally stands to lose only the amount of money invested in the business. This means that if the business folds, creditors cannot seize or sell an owner's home, car, or other personal assets.

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.

DISCHARGE (OF DEBTS)

A bankruptcy court's erasure of the debts of a person or business that has filed for bankruptcy.

GENERAL PARTNER

A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners), is personally liable for all the... (more...)

A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners), is personally liable for all the business's debts and obligations. A general partner's actions can legally bind the entire business. See also partnership, limited partnership.

SETOFF

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a countercl... (more...)

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a counterclaim filed by a defendant in a lawsuit. Banks may try to exercise a setoff by taking money out of a deposit account to satisfy past due payments on a loan or credit card bill. Such an act is illegal under most circumstances.

PRESUMED ABUSE

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means te... (more...)

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means test, the court will presume that the debtor has sufficient income to fund a Chapter 13 plan. In this situation, the debtor will not be allowed to proceed with a Chapter 7 bankruptcy unless the debtor can prove that he or she is not abusing the Chapter 7 bankruptcy remedy.

SORT BY:

FILTER BY:

Free Consultation
Male
Female
Suspended

Hertel Bankruptcy & Debt Lawyer, Wisconsin

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Chelsea A. Whitley

Mark Drew Biller

Arthur C. Benson

Shawn M. Dunlevy

Guy Thomas Ludvigson

Alan L. Sykes

Paul A. Temanson

TIPS

LEGAL TERMS

IRS EXPENSES

UNSECURED DEBT

FCRA

LIMITED LIABILITY

NONEXEMPT PROPERTY

DISCHARGE (OF DEBTS)

GENERAL PARTNER

SETOFF

PRESUMED ABUSE

SORT BY:

FILTER BY:

PRACTICE AREAS 30

NEARBY CITY SUGGESTIONS