Platteville Collection 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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Kim J. Skemp

Divorce & Family Law, Prenuptial Agreements, Alimony & Spousal Support, Family Law, Child Support

Status: In Good Standing

CONTACT

44 E Main St, Platteville, WI 53818

Christopher D. Stombaugh

Malpractice

Status: In Good Standing Licensed: 32 Years

CONTACT

Platteville, WI 53818

Christopher Daniel Stombaugh

Labor Law

Status: In Good Standing Licensed: 32 Years

CONTACT

Platteville, WI 53818

Sheila Stuart Kelley

Real Estate, Dispute Resolution, Wills & Probate, Child Custody

Status: In Good Standing

CONTACT

44 E Main St, Platteville, WI 53818

Nathaniel W. Curry

Real Estate, Child Custody, Divorce & Family Law, DUI-DWI

Status: In Good Standing

CONTACT

44 E Main St, Platteville, WI 53818

Michael J. Olds

Real Estate Other, Divorce, Credit & Debt, Malpractice

Status: In Good Standing

CONTACT

44 E Main St, Platteville, WI 53818

Ryan Louis Kieler

Criminal, DUI-DWI, Divorce & Family Law, Divorce, Child Custody

Status: In Good Standing Licensed: 9 Years

CONTACT

44 E Main St, Platteville, WI 53818

Beverly J. Johansen

Real Estate, Family Law, DUI-DWI

Status: In Good Standing Licensed: 41 Years

CONTACT

170 Preston Dr, Platteville, WI 53818

George S. Curry

General Practice

Status: In Good Standing Licensed: 52 Years

CONTACT

6706 8Th Avenue, Platteville, WI 53818

Scott A. White

General Practice

Status: In Good Standing Licensed: 43 Years

CONTACT

1 University Plaza, Platteville, WI 53818

800-923-0641

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LEGAL TERMS

ACCORD AND SATISFACTION

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collectin... (more...)

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collecting as much money as they can from debtors who cannot pay the full amount.

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.

SOLE PROPRIETORSHIP

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, m... (more...)

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, meaning that business profits are reported and taxed on the owner's personal tax return. Setting up a sole proprietorship is cheap and easy since no legal formation documents need be filed with any governmental agency (although tax registration and other permit and license requirements may still apply). Once you file a fictitious name statement (assuming you don't use your own name) and obtain any required basic tax permits and business licenses, you'll be in business. The main downside of a sole proprietorship is that its owner is personally liable for all business debts.

BANKRUPTCY TRUSTEE

A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is t... (more...)

A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is to gather the debtor's nonexempt property, liquidate it and distribute it proportionally to her creditors. In a Chapter 13 case, the trustee's role is to receive the debtor's monthly payments and distribute them proportionally to her creditors.

NO-FAULT INSURANCE

Car insurance laws that require the insurance companies of each person in an accident to pay for medical bills and lost wages of their insured, up to a certain ... (more...)

Car insurance laws that require the insurance companies of each person in an accident to pay for medical bills and lost wages of their insured, up to a certain amount, regardless of who was at fault. The effect of no-fault insurance laws is to eliminate lawsuits in small accidents. The advantage is the prompt payment of medical bills and expenses. The downsides are that the amounts paid by no-fault policies are often not enough to fully cover a person's losses and that no-fault does not compensate for pain and suffering.

SUBROGATION

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off i... (more...)

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off its injured claimant takes the legal rights the claimant has against a third party that caused the injury, and sues that third party.

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.

UNDUE HARDSHIP

The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in t... (more...)

The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in the future to pay off the loan may be able to show that repayment would be an undue hardship.

NONDISCHARGEABLE DEBTS

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chap... (more...)

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chapter 13 bankruptcy, the nondischargeable debts will have to be paid in full during your plan or you will have a balance at the end of your case. Examples of nondischargeable debts include alimony and child support, most income tax debts, many student loans and debts for personal injury or death caused by drunk driving. Compare dischargeable debts.

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Platteville Collection Lawyer, Wisconsin

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Kim J. Skemp

Christopher D. Stombaugh

Christopher Daniel Stombaugh

Sheila Stuart Kelley

Nathaniel W. Curry

Michael J. Olds

Ryan Louis Kieler

Beverly J. Johansen

George S. Curry

Scott A. White

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LEGAL TERMS

ACCORD AND SATISFACTION

CHAPTER 13 PLAN

SOLE PROPRIETORSHIP

BANKRUPTCY TRUSTEE

NO-FAULT INSURANCE

SUBROGATION

CREDIT COUNSELING

UNDUE HARDSHIP

NONDISCHARGEABLE DEBTS

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