Waukesha County, WI Bankruptcy & Debt Lawyers

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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 Krawczyk

Americans with Disabilities Act , Commercial Banks, Credit & Debt, Directors & Officers

Status:

CONTACT

16650 W. Bluemound Rd., Brookfield, WI 53005

Jeremy Joseph Geisel

Family Law, Collection, Labor Law, Child Support

Status:

CONTACT

N14 W23755 Stone Ridge Drive, Waukesha, WI 53188

Brian A. Romans

Contract, Credit & Debt, Estate Administration, Land Use & Zoning

Status:

CONTACT

N94 W17900 Appleton Avenue, Menomonee Falls, WI 53051

Erika A. Miller

Bankruptcy, Criminal, DUI-DWI, Divorce

Status:

FREE CONSULTATION

CONTACT

2727 Grandview Boulevard, Waukesha, WI 53188

Beth M Brockmeyer

Commercial Bankruptcy, Consumer Bankruptcy, Credit & Debt

Status:

CONTACT

N14 W24200 Tower Place, Waukesha, WI 53188

Ryan J. Harrington

Traffic, Criminal, Bankruptcy & Debt, Accident & Injury

Status:

CONTACT

N14 W23755 Stone Ridge Drive, Waukesha, WI 53188

Thomas J Schneck

Estate Planning, Family Law, Criminal, Bankruptcy

Status:

FREE CONSULTATION

CONTACT

707 W. Moreland Boulevard, Waukesha, WI 53188

Robert G. Pyzyk

Contract, Business Organization, Banking & Finance, Bankruptcy, Landlord-Tenant

Status: Licensed: 51 Years

CONTACT

N94W17900 Appleton Ave, Menomonee Falls, WI 53052

Matthew J. Krawczyk

Corporate, Business Organization, Banking & Finance, Bankruptcy, Real Estate

Status: Licensed: 18 Years

CONTACT

16535 W Bluemound Rd, Brookfield, WI 53005

James J. Carrig

Americans with Disabilities Act , Business Successions, Business Organization, Bankruptcy Litigation, Business

Status: Licensed: 31 Years

CONTACT

N94W17900 Appleton Ave, Menomonee Falls, WI 53052

800-814-6700

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LEGAL TERMS

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.

CREDIT BUREAU

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit... (more...)

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit card companies that use the information to screen applicants for loans and credit cards. There are three major credit bureaus, Equifax, Experian and Trans Union, and they are regulated by the federal Fair Credit Reporting Act.

COLLATERAL

Property that guarantees payment of a secured debt.

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.

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.

IRS EXPENSES

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income mu... (more...)

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income must use the IRS expenses to calculate their average net income in a Chapter 7 case, or their disposable income in a Chapter 13 case.

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.

CURRENT MONTHLY INCOME

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding... (more...)

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding the bankruptcy filing. The debtor's current monthly income is used to determine whether the debtor can file for Chapter 7 bankruptcy, among other things.

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.

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Waukesha County, WI Bankruptcy & Debt Lawyers

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

John Krawczyk

Jeremy Joseph Geisel

Brian A. Romans

Erika A. Miller

Beth M Brockmeyer

Ryan J. Harrington

Thomas J Schneck

Robert G. Pyzyk

Matthew J. Krawczyk

James J. Carrig

TIPS

LEGAL TERMS

ACCORD AND SATISFACTION

CREDIT BUREAU

COLLATERAL

FAIR DEBT COLLECTIONS & PRACTICES ACT (FDCPA)

GUARANTEED RESERVATION

IRS EXPENSES

NONEXEMPT PROPERTY

CURRENT MONTHLY INCOME

UNSECURED DEBT

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