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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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Thomas J. King

Bankruptcy & Debt

Status: Licensed: 48 Years

CONTACT

2950 Universal Ct, Oshkosh, WI 54903

Andrew J Phillips

Traffic, Family Law, Criminal, Credit & Debt

Status: Licensed: 39 Years

CONTACT

141 N Sawyer St, Oshkosh, WI 54902

Kristine A. Pihlgren

Bankruptcy, Contract, Divorce & Family Law, Wills & Probate, Wills

Status: Licensed: 20 Years

CONTACT

3000 Poberezny Rd, Oshkosh, WI 54903

Jason J Hirschberg

Collection, Banking & Finance, Family Law, Landlord-Tenant, Business Organization

Status: Licensed: 19 Years

CONTACT

601 Oregon St, Oshkosh, WI 54903

John W. Menn

Visa, Health Care Other, Constitutional Law, Bankruptcy

Status: Licensed: 16 Years

CONTACT

107 Church Ave, Oshkosh, WI 54903

Douglas K. Marone

Real Estate, Estate, Employment, Business, Bankruptcy & Debt

Status: Licensed: 44 Years

CONTACT

107 Church Ave, Oshkosh, WI 54903

Kelly J. Schwab

Real Estate, Estate, Employment, Collection, Business

Status: Licensed: 26 Years

CONTACT

43 West 6th Avenue, Oshkosh, WI 54902

Anita Boor

Estate Planning, Environmental Law Other, Bankruptcy, Products Liability

Status: Licensed: 11 Years

CONTACT

33 E Main St, Madison, WI 53703

Kathleen E. Bonville

Other, Business, Bankruptcy, Accident & Injury

Status: Licensed: 44 Years

CONTACT

4283 Gibraltar Bluff Rd, Fish Creek, WI 54212

Joseph W. Boucher

Bankruptcy, DUI-DWI, Child Custody, Traffic

Status:

CONTACT

401 Charmany Dr, Madison, WI 53705

800-814-6700

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LEGAL TERMS

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.

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.

NONPROFIT CORPORATION

A legal structure authorized by state law allowing people to come together to either benefit members of an organization (a club, or mutual benefit society) or f... (more...)

A legal structure authorized by state law allowing people to come together to either benefit members of an organization (a club, or mutual benefit society) or for some public purpose (such as a hospital, environmental organization or literary society). Nonprofit corporations, despite the name, can make a profit, but the business cannot be designed primarily for profit-making purposes, and the profits must be used for the benefit of the organization or purpose the corporation was created to help. When a nonprofit corporation dissolves, any remaining assets must be distributed to another nonprofit, not to board members. As with for-profit corporations, directors of nonprofit corporations are normally shielded from personal liability for the organization's debts. Some nonprofit corporations qualify for a federal tax exemption under _ 501(c)(3) of the Internal Revenue Code, with the result that contributions to the nonprofit are tax deductible by their donors.

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

A national non-profit agency that, at no cost, helps debtors plan budgets and repay their debts. One major criticism of CCCS is that each office is primarily fu... (more...)

A national non-profit agency that, at no cost, helps debtors plan budgets and repay their debts. One major criticism of CCCS is that each office is primarily funded by voluntary donations from the creditors that receive payments from debtors repaying their debts through that office. Despite this criticism, most CCCS counselors provide clients with thorough and neutral advice.

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.

FRATERNAL BENEFIT SOCIETY BENEFITS

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal socie... (more...)

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal societies that provide benefits. Also called benefit society, benevolent society or mutual aid association benefits. Under bankruptcy laws, these benefits are virtually always considered exempt property.

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.

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.

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.

Omro Bankruptcy & Debt Lawyer, Wisconsin

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Thomas J. King

Andrew J Phillips

Kristine A. Pihlgren

Jason J Hirschberg

John W. Menn

Douglas K. Marone

Kelly J. Schwab

Anita Boor

Kathleen E. Bonville

Joseph W. Boucher

TIPS

LEGAL TERMS

LIMITED PARTNERSHIP

SECRET WARRANTY PROGRAM

NONPROFIT CORPORATION

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

NUISANCE FEES

FRATERNAL BENEFIT SOCIETY BENEFITS

DEBT COLLECTOR

NONEXEMPT PROPERTY

SETOFF

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