Random Lake 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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John V. Burns

Estate Planning, Family Law, Criminal, Bankruptcy

Status:

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1111 East Sumner Street, Hartford, WI 53027

John P. Hawley

Child Custody, Criminal, Collection, Animal Bite

Status: Licensed: 43 Years

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400 1St St, Random Lake, WI 53075

Kyle P. Kaufman

Power of Attorney, Divorce & Family Law, Criminal, Bankruptcy & Debt, Accident & Injury

Status: Licensed: 20 Years

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400 1St St, Random Lake, WI 53075

Carl Hoeppner

Class Action, Class Action, Constitutional Law, Bankruptcy, Personal Injury

Status: Licensed: 76 Years

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25 South Street, Plymouth, WI 53073

Robert Olmr

Employment, Criminal, Credit & Debt, Accident & Injury

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FREE CONSULTATION

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222 E Main St, Port Washington, WI 53074

Julie F. Stodolka

Tax, Bankruptcy & Debt

Status: Licensed: 38 Years

CONTACT

W4390 N County Rd, Plymouth, WI 53073

Mark J. Brunner

Workout, Reorganization, Bankruptcy, Personal Injury

Status: Licensed: 43 Years

CONTACT

233 N Main Street, West Bend, WI 53095

Ludmilla M Badicke

International Other, Corporate, Contract, Commercial Bankruptcy

Status: Licensed: 21 Years

CONTACT

102 N Franklin St, Port Washington, WI 53074

Richard R. Cramer

Corporate, Bankruptcy, Bankruptcy & Debt

Status: Licensed: 55 Years

CONTACT

941 Aspen Road, Kohler, WI 53044

Geoffrey Jennings

Wills & Probate, Child Custody, Civil Rights, Bankruptcy

Status: Licensed: 25 Years

CONTACT

361 Falls Rd, Grafton, WI 53024

800-814-6700

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LEGAL TERMS

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.

INTEREST

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to ... (more...)

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to your balance. This means that if your loan or credit line has an interest rate of 8%, the holder adds 8% to the balance each year. More specifically, interest is calculated and added to your loan or credit line through a process called compounding. If interest is compounded daily, the balance will rise by 1/365th of 8% each day. If interest is compounded monthly, the balance will rise 1/12th of 8% at the start of each month.

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.

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.

CREDIT COUNSELING

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Unde... (more...)

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Under the new bankruptcy law, a debtor must undergo credit counseling with an approved provider before filing for bankruptcy.

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.

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.

Random Lake Bankruptcy & Debt Lawyer, Wisconsin

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

John V. Burns

John P. Hawley

Kyle P. Kaufman

Carl Hoeppner

Robert Olmr

Julie F. Stodolka

Mark J. Brunner

Ludmilla M Badicke

Richard R. Cramer

Geoffrey Jennings

TIPS

LEGAL TERMS

FAIR DEBT COLLECTIONS & PRACTICES ACT (FDCPA)

INTEREST

NUISANCE FEES

UNSECURED DEBT

CREDIT COUNSELING

BULK SALES LAW

MEETING OF CREDITORS

COLLATERAL

CREDITOR

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