Herbster Workout 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 Workout lawyer.
Below are all Herbster lawyers.

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

GRACE PERIOD

A period of time during which you are not required to make payments on a debt. For example, most credit cards give you a grace period of 20-30 days before you h... (more...)

A period of time during which you are not required to make payments on a debt. For example, most credit cards give you a grace period of 20-30 days before you have to pay interest on the amount of your purchases. Cash advances, however, usually have no grace period; interest begins to accumulate from the date of the withdrawal, even if you pay your bills on time. Also, some student loans give you a grace period after graduating or dropping out of school. During this time, you are not required to make payments on your loan.

CHAPTER 13 PLAN

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to ... (more...)

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to pay all mandatory debts -- for example, back child support, taxes, and mortgage arrearages -- as well as some or all unsecured, nonpriority debts, such as medical and credit card bills.

COLLATERAL

Property that guarantees payment of a secured debt.

TRUTH IN LENDING ACT (TILA)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disc... (more...)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disclose the terms of a loan, including the total amount of the loan, the annual interest rate and the number, amount and due dates of all payments necessary to repay the loan. The TILA requires additional disclosures and places many restrictions on mortgages.

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.

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.

MEANS TEST

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income ... (more...)

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income for his or her state should be allowed to file for Chapter 7 bankruptcy.

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.

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemp... (more...)

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemptible because it has been damaged or destroyed.

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Herbster Workout 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

GRACE PERIOD

CHAPTER 13 PLAN

COLLATERAL

TRUTH IN LENDING ACT (TILA)

BULK SALES LAW

GUARANTOR

MEANS TEST

S CORPORATION

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

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