Ixonia Bankruptcy & Debt 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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Beth M Brockmeyer

Commercial Bankruptcy, Consumer Bankruptcy, Credit & Debt

Status:

CONTACT

N14 W24200 Tower Place, Waukesha, WI 53188

Erika A. Miller

Bankruptcy, Criminal, DUI-DWI, Divorce

Status:

FREE CONSULTATION

CONTACT

2727 Grandview Boulevard, Waukesha, WI 53188

Jeremy Joseph Geisel

Family Law, Collection, Labor Law, Child Support

Status:

CONTACT

N14 W23755 Stone Ridge Drive, Waukesha, WI 53188

John V. Burns

Estate Planning, Family Law, Criminal, Bankruptcy

Status:

CONTACT

1111 East Sumner Street, Hartford, WI 53027

Brendan Lee McAvoy

Estate, Real Estate, Bankruptcy & Debt

Status: Licensed: 11 Years

CONTACT

2727 N. Grandview Blvd., #207, Waukesha, WI 53188

Bruce A. Lanser

Sexual Harassment, Workout, Bankruptcy & Debt, Personal Injury

Status: Licensed: 43 Years

CONTACT

N14W24200 Tower Pl, Hartland, WI 53029

Bruce C. Davidson

Environmental Law Other, Business, Bankruptcy, Products Liability

Status: Licensed: 55 Years

CONTACT

411 E Wisconsin Ave, Milwaukee, WI 53202

Charles Francis Hart

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

Status: Licensed: 45 Years

CONTACT

2777 Mission Rd, Nashotah, WI 53058

Daniel J. Brink

International, Business, Bankruptcy, Products Liability

Status: Licensed: 46 Years

CONTACT

13845 Bishops Dr, Brookfield, WI 53005

Daniel S. Grable

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

Status: Licensed: 57 Years

CONTACT

153 E Wisconsin Ave, Oconomowoc, WI 53066

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.

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.

NO-FAULT INSURANCE

Car insurance laws that require the insurance companies of each person in an accident to pay for medical bills and lost wages of their insured, up to a certain ... (more...)

Car insurance laws that require the insurance companies of each person in an accident to pay for medical bills and lost wages of their insured, up to a certain amount, regardless of who was at fault. The effect of no-fault insurance laws is to eliminate lawsuits in small accidents. The advantage is the prompt payment of medical bills and expenses. The downsides are that the amounts paid by no-fault policies are often not enough to fully cover a person's losses and that no-fault does not compensate for pain and suffering.

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.

FRAUDULENT TRANSFER

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee --... (more...)

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee -- for instance, when a debtor signs a car over to a relative to keep it out of the bankruptcy estate. Fraudulently transferred property can be recovered and sold by the trustee for the benefit of the creditors.

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.

NUISANCE FEES

Money charged by some credit card companies to increase their profits when you fail to use the card the way the creditor wants. Examples include late payment fe... (more...)

Money charged by some credit card companies to increase their profits when you fail to use the card the way the creditor wants. Examples include late payment fees, inactivity fees and fees for not carrying a balance from month to month. It's best to shop around and get rid of cards that have these fees attached.

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.

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.

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Ixonia Bankruptcy & Debt Lawyer, Wisconsin

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Beth M Brockmeyer

Erika A. Miller

Jeremy Joseph Geisel

John V. Burns

Brendan Lee McAvoy

Bruce A. Lanser

Bruce C. Davidson

Charles Francis Hart

Daniel J. Brink

Daniel S. Grable

TIPS

LEGAL TERMS

AUTOMATIC STAY

NONEXEMPT PROPERTY

NO-FAULT INSURANCE

FAIR DEBT COLLECTIONS & PRACTICES ACT (FDCPA)

FRAUDULENT TRANSFER

LIMITED LIABILITY

NUISANCE FEES

DEBT COLLECTOR

LIMITED PARTNERSHIP

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