Mundelein Collection Lawyer, Illinois

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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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Christopher B. Morozin

Bankruptcy, Collection, Contract, Criminal

Status: In Good Standing

FREE CONSULTATION

CONTACT

74 East Grand Avenue, Fox Lake, IL 60020

Wilfred Chan

Divorce & Family Law, Business & Trade, Civil Rights, Collection

Status: In Good Standing Licensed: 32 Years

CONTACT

1405 Halifax Drive, Mundelein, IL 60060

Wilfred Henry Chan

Collection, Elder Law, Estate Planning, Landlord-Tenant

Status: In Good Standing Licensed: 32 Years

CONTACT

1405 Halifax Drive, Mundelein, IL 60060

Omeesha Srivastava

Landlord-Tenant, Social Security, Transactions, Collection

Status: In Good Standing Licensed: 21 Years

CONTACT

175 North Archer Ave, Lake Zurich, IL 60060

Omeesha Srivastava

Landlord-Tenant, Social Security, Transactions, Collection

Status: In Good Standing Licensed: 21 Years

CONTACT

175 North Archer Ave, Lake Zurich, IL 60060

Marlon Troy Suskin

Estate Planning, Divorce & Family Law, Elder Law, Collection

Status: In Good Standing Licensed: 29 Years

CONTACT

1590 S. Milwaukee Avenue, Libertyville, IL 60048

Steven G Smith

Bankruptcy, Collection

Status: In Good Standing Licensed: 16 Years

CONTACT

354 Hollow Hill Rd, Wauconda, IL 60084

Gary Mages

Collection, Transactions, Commercial Real Estate, Civil Rights

Status: In Good Standing Licensed: 34 Years

CONTACT

1110 W Lake Cook Rd, Buffalo Grove, IL 60089

Gary A. Mages

Commercial Real Estate, Real Estate, Transactions, Collection

Status: In Good Standing Licensed: 34 Years

CONTACT

1110 W Lake Cook Rd, Buffalo Grove, IL 60089

Michelle Lynn Golden

Real Estate, Business, Collection, Bankruptcy & Debt

Status: In Good Standing Licensed: 23 Years

CONTACT

1110 W Lake Cook Rd, Buffalo Grove, IL 60089

800-923-0641

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LEGAL TERMS

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.

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.

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.

WINDING UP

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, a... (more...)

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, all with the ultimate goal of liquidating or closing down a corporation or partnership.

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.

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.

LIQUIDATING PARTNER

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

CREDIT FILE

See credit report.

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.'

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Mundelein Collection Lawyer, Illinois

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Christopher B. Morozin

Wilfred Chan

Wilfred Henry Chan

Omeesha Srivastava

Omeesha Srivastava

Marlon Troy Suskin

Steven G Smith

Gary Mages

Gary A. Mages

Michelle Lynn Golden

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LEGAL TERMS

CREDIT BUREAU

FAIR DEBT COLLECTIONS & PRACTICES ACT (FDCPA)

CREDIT COUNSELING

WINDING UP

FAIR CREDIT REPORTING ACT (FCRA)

GUARANTEED RESERVATION

LIQUIDATING PARTNER

CREDIT FILE

LOSS DAMAGE WAIVER (LDW)

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