Pardeeville 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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Steven W. Zaleski

Farms, DUI-DWI, Criminal, Bankruptcy

Status: In Good Standing

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10 East Doty Street, Madison, WI 53703

Craig E. Stevenson

Business, Credit & Debt, Commercial Bankruptcy, Bankruptcy

Status: In Good Standing

FREE CONSULTATION

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33 East Main Street, Madison, WI 53701

Teresa K. Kobelt

State Trial Practice, Contract, Business Organization, Collection

Status: In Good Standing

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1424 North High Point Road, Middleton, WI 53562

Elizabeth Stevens

Estate Planning, Child Custody, Civil Rights, Reorganization

Status: In Good Standing

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311 Dewitt Street, Portage, WI 53901

Michael D. Greiber

Real Estate, Estate, Bankruptcy & Debt, Personal Injury

Status: In Good Standing Licensed: 25 Years

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702 Dewitt St, Portage, WI 53901

Katherine J. Kruger

Dispute Resolution, Divorce & Family Law, Bankruptcy, Malpractice, Child Custody

Status: In Good Standing Licensed: 24 Years

CONTACT

702 DeWitt St, Portage, WI 53901

Hans O. Helland

Divorce & Family Law, Bankruptcy, Estate Planning, Personal Injury

Status: Inactive Licensed: 76 Years

CONTACT

Wisconsin Dells, WI 53965

Eric L. Becker

Commercial Real Estate, Corporate, Credit & Debt, Estate Planning

Status: In Good Standing Licensed: 51 Years

CONTACT

130A Park Ave, Beaver Dam, WI 53916

Jeffery Phillips

Bankruptcy, Consumer Bankruptcy

Status: In Good Standing

CONTACT

2801 Crossroads Dr, Madison, WI 53718

Lloyd J. Blaney

Real Estate, Wills & Probate, Trusts, Bankruptcy, Medical Malpractice

Status: In Good Standing Licensed: 43 Years

CONTACT

3602 Atwood Ave, Madison, WI 53714

800-923-0641

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LEGAL TERMS

CHAPTER 13 PLAN

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to ... (more...)

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to pay all mandatory debts -- for example, back child support, taxes, and mortgage arrearages -- as well as some or all unsecured, nonpriority debts, such as medical and credit card bills.

COLLATERAL

Property that guarantees payment of a secured debt.

TRUTH IN LENDING ACT (TILA)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disc... (more...)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disclose the terms of a loan, including the total amount of the loan, the annual interest rate and the number, amount and due dates of all payments necessary to repay the loan. The TILA requires additional disclosures and places many restrictions on mortgages.

GUARANTEED RESERVATION

A hotel or rental car reservation secured by a credit card number. In exchange for your card number, the hotel or rental agency promises to have a room or vehic... (more...)

A hotel or rental car reservation secured by a credit card number. In exchange for your card number, the hotel or rental agency promises to have a room or vehicle for you no matter when you show up. If you have a guaranteed reservation with a hotel, it must provide you with a room, either at that hotel or at another comparable establishment. If you have a guaranteed reservation with a car agency, it must provide you with a vehicle. The downside of a guaranteed reservation is that if you don't show up and haven't cancelled your reservation, you will be billed for one night in the room or one day's use of the vehicle.

FDCPA

See Fair Debt Collections & Practices Act.

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.

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.

WORKOUT

A debtor's plan to take care of a debt, by paying it off or through loan forgiveness. Workouts are often created to avoid bankruptcy or foreclosure proceedings.

C CORPORATION

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S c... (more...)

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S corporation, whose profits are passed through to shareholders and taxed on their personal returns under subchapter S of the Internal Revenue Code.

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Pardeeville Bankruptcy & Debt Lawyer, Wisconsin

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Steven W. Zaleski

Craig E. Stevenson

Teresa K. Kobelt

Elizabeth Stevens

Michael D. Greiber

Katherine J. Kruger

Hans O. Helland

Eric L. Becker

Jeffery Phillips

Lloyd J. Blaney

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LEGAL TERMS

CHAPTER 13 PLAN

COLLATERAL

TRUTH IN LENDING ACT (TILA)

GUARANTEED RESERVATION

FDCPA

PRESUMED ABUSE

MEETING OF CREDITORS

WORKOUT

C CORPORATION

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