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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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John V. Burns

Estate Planning, Family Law, Criminal, Bankruptcy

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CONTACT

1111 East Sumner Street, Hartford, WI 53027

Jeremy Joseph Geisel

Family Law, Collection, Labor Law, Child Support

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CONTACT

N14 W23755 Stone Ridge Drive, Waukesha, WI 53188

Erika A. Miller

Bankruptcy, Criminal, DUI-DWI, Divorce

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FREE CONSULTATION

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2727 Grandview Boulevard, Waukesha, WI 53188

Beth M Brockmeyer

Commercial Bankruptcy, Consumer Bankruptcy, Credit & Debt

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N14 W24200 Tower Place, Waukesha, WI 53188

Lawrence Clancy

Real Estate, Business, Bankruptcy, Bankruptcy & Debt

Status: Licensed: 69 Years

CONTACT

1340 W Wisconsin Avenue, Oconomowoc, WI 53066

Jacqueline Chada Nuckels

Personal Injury, Bankruptcy & Debt, Criminal, Real Estate

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CONTACT

219 N Milwaukee St, Oconomowoc, WI 53066

Daniel S. Grable

Power of Attorney, Real Estate, Health Care Other, Bankruptcy

Status: Licensed: 57 Years

CONTACT

153 E Wisconsin Ave, Oconomowoc, WI 53066

Charles Francis Hart

Commercial Bankruptcy, Health Care, Elder Law, Family Law, Estate Planning

Status: Licensed: 45 Years

CONTACT

2777 Mission Rd, Nashotah, WI 53058

Donald J. Straka

Commercial Real Estate, Employee Rights, Banking & Finance, Credit & Debt, Securities

Status: Licensed: 38 Years

CONTACT

N75W28846 Coldstream Dr, Hartland, WI 53029

Donald J. Straka

General Practice

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N75W28846 Coldstream Dr, Hartland, WI 53029

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LEGAL TERMS

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.

MEETING OF CREDITORS

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a f... (more...)

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a few questions. In a Chapter 7, the meeting of creditors lasts a few minutes and rarely do any creditors show up. In a Chapter 13 bankruptcy, one or two creditors may attend, especially if they disagree with some provision of your repayment plan.

BULK SALES LAW

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to ... (more...)

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to conduct a bulk sale of business assets -- that is, get rid of an unusually large amount of inventory, merchandise or equipment -- the business owner must typically publish a notice of the sale and give written notice to creditors. Then, the owner must set up an account to hold the funds from the sale for a brief period of time during which creditors may make claims against the money. The prohibition against bulk sales is spelled out in the Uniform Commercial Code -- and laws modeled on the UCC have been generally adopted throughout the country.

SECRET WARRANTY PROGRAM

A program under which a car manufacturer will make repairs for free on vehicles with persistent problems, even after the warranty has expired, in order to avoid... (more...)

A program under which a car manufacturer will make repairs for free on vehicles with persistent problems, even after the warranty has expired, in order to avoid a recall and the accompanying bad press. Secret warranties are rarely advertised by the manufacturer, so consumers must pursue the manufacturer to discover and take advantage of them. A few states require manufacturers to notify car buyers when they adopt secret warranty programs.

FORBEARANCE

Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily ... (more...)

Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily postponing or reducing the borrower's payments.

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.

FAIR LABOR STANDARDS ACT (FLSA)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements ... (more...)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements for overtime and places restrictions on child labor.

CREDITOR

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

HOUSEHOLDER

A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a ho... (more...)

A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a homestead exemption and possibly other exemptions relating to the maintenance of the household.

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Ixonia Bankruptcy & Debt Lawyer, Wisconsin

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

John V. Burns

Jeremy Joseph Geisel

Erika A. Miller

Beth M Brockmeyer

Lawrence Clancy

Jacqueline Chada Nuckels

Daniel S. Grable

Charles Francis Hart

Donald J. Straka

Donald J. Straka

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LEGAL TERMS

401(K) PLAN

MEETING OF CREDITORS

BULK SALES LAW

SECRET WARRANTY PROGRAM

FORBEARANCE

ACCORD AND SATISFACTION

FAIR LABOR STANDARDS ACT (FLSA)

CREDITOR

HOUSEHOLDER

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