Washburn County, WI Bankruptcy & Debt Lawyers

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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 Washburn Bankruptcy & Debt lawyer.
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Samuel L Lawton

Family Law, DUI-DWI, Criminal, Bankruptcy & Debt

Status: In Good Standing

CONTACT

109 Walnut St, Spooner, WI 54801

Martin Jarvis

General Practice

Status: In Good Standing Licensed: 31 Years

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302 Balsam St, Spooner, WI 54801

Thomas Bitney

Real Estate, Estate, Divorce & Family Law, Business

Status: In Good Standing Licensed: 43 Years

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225 Walnut, Spooner, WI 54801

Edwin W. Fischer

General Practice

Status: In Good Standing Licensed: 47 Years

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W5851 Honey Hill Rd, Spooner, WI 54801

Thomas H. Frost

Criminal

Status: In Good Standing Licensed: 48 Years

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10 Fourth Ave, Shell Lake, WI 54871

Thomas Owen Mulligan

General Practice

Status: In Good Standing Licensed: 39 Years

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902 N River St, Spooner, WI 54801

Katherine M. Stewart

Landlord-Tenant, Elder Law, Employment Discrimination, Divorce & Family Law, Estate

Status: In Good Standing Licensed: 43 Years

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117 1St St, Spooner, WI 54801

Jeffrey R. Kohler

General Practice

Status: In Good Standing Licensed: 40 Years

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W7165 Luther Rd, Spooner, WI 54801

Thomas J. Bitney

Real Estate, Estate, Divorce & Family Law, Business

Status: In Good Standing Licensed: 43 Years

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225 Walnut, Spooner, WI 54801

Thomas O. Mulligan

Divorce & Family Law

Status: In Good Standing Licensed: 39 Years

CONTACT

902 N River St, Spooner, WI 54801

800-923-0641

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LEGAL TERMS

COLLATERAL

Property that guarantees payment of a secured debt.

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.

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.

GARNISHMENT

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if ... (more...)

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if she loses a lawsuit filed by the creditor. Up to 25% of a person's wages can be deducted.

LIQUIDATING PARTNER

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

WORKOUT

A debtor's plan to take care of a debt, by paying it off or through loan forgiveness. Workouts are often created to avoid bankruptcy or foreclosure proceedings.

GENERAL PARTNER

A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners), is personally liable for all the... (more...)

A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners), is personally liable for all the business's debts and obligations. A general partner's actions can legally bind the entire business. See also partnership, limited partnership.

MEETING OF CREDITORS

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a f... (more...)

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a few questions. In a Chapter 7, the meeting of creditors lasts a few minutes and rarely do any creditors show up. In a Chapter 13 bankruptcy, one or two creditors may attend, especially if they disagree with some provision of your repayment plan.

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.

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Washburn County, WI Bankruptcy & Debt Lawyers

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Samuel L Lawton

Martin Jarvis

Thomas Bitney

Edwin W. Fischer

Thomas H. Frost

Thomas Owen Mulligan

Katherine M. Stewart

Jeffrey R. Kohler

Thomas J. Bitney

Thomas O. Mulligan

TIPS

LEGAL TERMS

COLLATERAL

WINDING UP

DEBIT CARD

GARNISHMENT

LIQUIDATING PARTNER

WORKOUT

GENERAL PARTNER

MEETING OF CREDITORS

UNDUE HARDSHIP

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