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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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Includes: Bankruptcy Litigation, Commercial Bankruptcy, Consumer Bankruptcy, Dissolution

Peter C. Brehm

Commercial Leasing, Contract, Consumer Bankruptcy, Commercial Bankruptcy

Status: In Good Standing

CONTACT

1540 Capitol Dr., Green Bay, WI 54303

Stephen P. Johnson

Traffic, Motor Vehicle, DUI-DWI, Criminal, Bankruptcy

Status: In Good Standing

CONTACT

54 East Oak Street, Sturgeon Bay, WI 54235

Alice F. Schipper

Bankruptcy, Divorce & Family Law, Estate, Child Custody

Status: In Good Standing Licensed: 22 Years

CONTACT

2700 Vernon Dr, Green Bay, WI 54304

Anthony C. Kraujalis

Bankruptcy

Status: In Good Standing Licensed: 45 Years

CONTACT

408 Conestoga Cir, Eagle, WI 53119

Bill James Symes

Commercial Real Estate, Real Estate, Contract, Bankruptcy

Status: In Good Standing Licensed: 16 Years

CONTACT

1368 Settlers Row, New Franken, WI 54313

Bill J. Symes

Commercial Real Estate, Real Estate, Contract, Bankruptcy

Status: In Good Standing Licensed: 16 Years

CONTACT

1368 Settlers Row, New Franken, WI 54313

Brian R. Mudd

Traffic, Estate, Bankruptcy, Medical Malpractice

Status: Inactive Licensed: 53 Years

CONTACT

130 E Walnut St, Green Bay, WI 54305

C R. Krieger

Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 33 Years

CONTACT

807 Jay St, Manitowoc, WI 54220

C. R. Krieger

Consumer Bankruptcy

Status: In Good Standing

CONTACT

807 Jay St, Manitowoc, WI 54220

David L. Kinnamon

Government, Estate, Environmental Law Other, Bankruptcy

Status: In Good Standing Licensed: 58 Years

CONTACT

411 E Wisconsin Ave, Milwaukee, WI 53202

800-923-0641

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LEGAL TERMS

FAIR LABOR STANDARDS ACT (FLSA)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements ... (more...)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements for overtime and places restrictions on child labor.

DISCHARGE (OF DEBTS)

A bankruptcy court's erasure of the debts of a person or business that has filed for bankruptcy.

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.

DEBIT CARD

A card issued by a bank that combines the functions of an ATM card and checks. A debit card can be used to withdraw cash at a bank like an ATM card, and it can ... (more...)

A card issued by a bank that combines the functions of an ATM card and checks. A debit card can be used to withdraw cash at a bank like an ATM card, and it can also be used at stores to pay for goods and services in place of a check. Unlike a credit card, a debit card automatically withdraws money from your checking account at the time of the transaction. Debit cards are regulated by the Electronic Funds Transfer Act.

LIQUIDATING PARTNER

The member of an insolvent or dissolving partnership responsible for paying the debts and settling the accounts of the partnership.

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.

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.

COLLECTION AGENCY

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the d... (more...)

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the debt themselves, typically through letters (called 'dunning' letters) and telephone calls. Collection agencies are regulated by the federal Fair Debt Collection Practices Act. Unfortunately, too many collectors ignore this law.

COSIGNER

A person who signs his or her name to a loan agreement, lease or credit application. If the primary debtor does not pay, the cosigner is fully responsible for t... (more...)

A person who signs his or her name to a loan agreement, lease or credit application. If the primary debtor does not pay, the cosigner is fully responsible for the loan or debt. Many people use cosigners to qualify for a loan or credit card. Landlords may require a cosigner when renting to a student or someone with a poor credit history.

SAMPLE LEGAL CASES

IN THE MATTER OF DISCIPLINARY PROCEEDINGS AGAINST WOODS v. Woods

... We review the report of the referee, John Murphy, recommending the court suspend Attorney Terrence Woods' license to practice law for a period of ninety (90) days for professional misconduct committed in the context of a bankruptcy proceeding and a divorce proceeding. ...

IN THE MATTER OF DISCIPLINARY PROCEEDINGS AGAINST BOYD

... A significant portion of her practice is apparently devoted to handling bankruptcies since she stated at the public hearing before the referee that she has handled between 1,000 and 1,200 bankruptcy cases since starting her practice. ...

MATTER OF DISCIPLINARY PROCEEDINGS AGAINST JENNINGS

... proceeding. 649 Â¶ 2 Attorney Jennings was admitted to practice law in Wisconsin in 1975. In May 1986 he was appointed to represent Milwaukee Cheese and Sheboygan Sausage in chapter 11 bankruptcy proceedings. Between ...

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Casco Bankruptcy Lawyer, Wisconsin

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Peter C. Brehm

Stephen P. Johnson

Alice F. Schipper

Anthony C. Kraujalis

Bill James Symes

Bill J. Symes

Brian R. Mudd

C R. Krieger

C. R. Krieger

David L. Kinnamon

TIPS

LEGAL TERMS

FAIR LABOR STANDARDS ACT (FLSA)

DISCHARGE (OF DEBTS)

CREDIT INSURANCE

DEBIT CARD

LIQUIDATING PARTNER

PRESUMED ABUSE

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

COLLECTION AGENCY

COSIGNER

SAMPLE LEGAL CASES

IN THE MATTER OF DISCIPLINARY PROCEEDINGS AGAINST WOODS v. Woods

IN THE MATTER OF DISCIPLINARY PROCEEDINGS AGAINST BOYD

MATTER OF DISCIPLINARY PROCEEDINGS AGAINST JENNINGS

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