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

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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

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CONTACT

N94 W17900 Appleton Avenue, Menomonee Falls, WI 53051

Erika A. Miller

Bankruptcy, Criminal, DUI-DWI, Divorce

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FREE CONSULTATION

CONTACT

2727 Grandview Boulevard, Waukesha, WI 53188

Beth M Brockmeyer

Commercial Bankruptcy, Consumer Bankruptcy, Credit & Debt

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CONTACT

N14 W24200 Tower Place, Waukesha, WI 53188

Ryan J. Harrington

Traffic, Criminal, Bankruptcy & Debt, Accident & Injury

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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

HOUSEHOLDER

A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a ho... (more...)

A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a homestead exemption and possibly other exemptions relating to the maintenance of the household.

FAIR CREDIT REPORTING ACT (FCRA)

A federal law that is designed to prevent inaccurate or obsolete information from entering or remaining in a credit report. The law requires credit bureaus to a... (more...)

A federal law that is designed to prevent inaccurate or obsolete information from entering or remaining in a credit report. The law requires credit bureaus to adopt reasonable procedures for gathering, maintaining and disseminating information and bars credit bureaus from reporting negative information that is older than seven years, except a bankruptcy, which may be reported for ten. If you notify a credit bureau of an error in your credit report, the FCRA requires the bureau to investigate your allegations within 30 days, review all information you provide, remove inaccurate and unverified information and adopt procedures to keep the information from reappearing. In addition, the law requires that creditors refrain from reporting incorrect information to credit bureaus.

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.

CYBERSQUATTING

Buying a domain name that reflects the name of a business or famous person with the intent of selling the name back to the business or celebrity for a profit. T... (more...)

Buying a domain name that reflects the name of a business or famous person with the intent of selling the name back to the business or celebrity for a profit. The Anticybersquatting Consumer Protection Act of 1999 authorizes a cybersquatting victim to file a federal lawsuit to regain a domain name or sue for financial compensation. Under the act, registering, selling or using a domain name with the intent to profit from someone else's good name is considered cybersquatting. Victims of cybersquatting can also use the provisions of the Uniform Domain Name Dispute Resolution Policy adopted by ICANN, an international tribunal administering domain names. This international policy results in arbitration of the dispute, not litigation.

CREDIT INSURANCE

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay o... (more...)

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay off the remaining balance. Federal and state consumer protection laws require the lender to disclose to existing and potential borrowers the terms and costs of obtaining credit insurance because it can affect the terms of the loan.

GUARANTOR

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. T... (more...)

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. The guarantor gives a 'guaranty,' which is an assurance that the debt or other obligation will be fulfilled.

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.

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.

SECURED DEBT

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collater... (more...)

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collateral, to satisfy the debt if you default. Compare unsecured 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

HOUSEHOLDER

FAIR CREDIT REPORTING ACT (FCRA)

CREDIT COUNSELING

CYBERSQUATTING

CREDIT INSURANCE

GUARANTOR

INTEREST

GUARANTEED RESERVATION

SECURED DEBT

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