Herbster 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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Not enough matches for Herbster Bankruptcy & Debt lawyer.
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John R. Carlson

Estate, Real Estate

Status: In Good Standing Licensed: 20 Years

CONTACT

122 W Bayfield St, Washburn, WI 54891

Patrick J. Boerboon

General Practice

Status: In Good Standing Licensed: 16 Years

CONTACT

71470 State Highway13, Ashland, WI 54806

Jack A. Carlson

Commercial Real Estate, Litigation, Wills & Probate, Family Law

Status: In Good Standing Licensed: 49 Years

CONTACT

122 W Bayfield St, Washburn, WI 54891

Michael F. Fauerbach

Lawsuit & Dispute, Government, Collection, Accident & Injury

Status: In Good Standing Licensed: 47 Years

CONTACT

200 Chapple Ave, Ashland, WI 54806

Harlan Craig Haukaas

General Practice

Status: Retired Licensed: 31 Years

CONTACT

23540 Cherryville Road, Ashland, WI 54806

Denise E. Ciebien

Lawsuit & Dispute, Government, Estate

Status: In Good Standing Licensed: 30 Years

CONTACT

317 West Main Street, Ashland, WI 54806

M. Joseph Rafferty

Education, Criminal

Status: In Good Standing Licensed: 16 Years

CONTACT

114 Main St W, Ashland, WI 54806

Joseph Edward Martell

Industry Specialties, Business, Collection, Bankruptcy & Debt

Status: In Good Standing Licensed: 31 Years

CONTACT

200 Chapple Ave, Ashland, WI 54806

H Craig Haukaas

Education, Real Estate, Felony, DUI-DWI, Criminal

Status: In Good Standing Licensed: 33 Years

CONTACT

101 W Main St, Ashland, WI 54806

Courtney J. Latzig

General Practice

Status: In Good Standing Licensed: 11 Years

CONTACT

101 W Main St, Ashland, WI 54806

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LEGAL TERMS

DEBT COLLECTOR

A person who works in the in-house collections department of an original creditor or a collection agency to track down debtors and get them to pay what they owe... (more...)

A person who works in the in-house collections department of an original creditor or a collection agency to track down debtors and get them to pay what they owe. Debt collectors can be relentless, often using scare tactics, humiliation and repeated phone calls to extract payments or promises to pay.

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.

LIMITED LIABILITY

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or ... (more...)

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or a person who invests in a corporation (a shareholder) generally stands to lose only the amount of money invested in the business. This means that if the business folds, creditors cannot seize or sell an owner's home, car, or other personal assets.

FCRA

See Fair Credit Reporting Act.

LOSS DAMAGE WAIVER (LDW)

Rental car insurance that makes the rental car company responsible for damage to or theft of a rental car. This insurance is a major consumer ripoff, as it ofte... (more...)

Rental car insurance that makes the rental car company responsible for damage to or theft of a rental car. This insurance is a major consumer ripoff, as it often duplicates coverage provided by the renter's regular car insurance and/or the credit card she uses to rent the car. Nevertheless, hard-sell practices by rental car agents often dupe people into buying LDWs they don't really need. LDW is also called 'collision damage waiver.'

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.

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.

REDEMPTION

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump s... (more...)

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump sum. For example, a debtor may redeem a car note by paying the lender the amount a retail vendor would charge for the car, considering its age and condition.

S CORPORATION

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status fro... (more...)

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status from the Internal Revenue Service. Electing to do business as an S corporation lets shareholders enjoy limited liability status, as would be true of any corporation, but be taxed like a partnership or sole proprietor. That is, instead of being taxed as a separate entity (as would be the case with a regular or C corporation) an S corporation is a pass-through tax entity: income taxes are reported and paid by the shareholders, not the S corporation. To qualify as an S corporation a number of IRS rules must be met, such as a limit of 75 shareholders and citizenship requirements.

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Herbster Bankruptcy & Debt Lawyer, Wisconsin

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

John R. Carlson

Patrick J. Boerboon

Jack A. Carlson

Michael F. Fauerbach

Harlan Craig Haukaas

Denise E. Ciebien

M. Joseph Rafferty

Joseph Edward Martell

H Craig Haukaas

Courtney J. Latzig

TIPS

LEGAL TERMS

DEBT COLLECTOR

NONEXEMPT PROPERTY

LIMITED LIABILITY

FCRA

LOSS DAMAGE WAIVER (LDW)

CYBERSQUATTING

C CORPORATION

REDEMPTION

S CORPORATION

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