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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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Jeremy Joseph Geisel

Family Law, Collection, Labor Law, Child Support

Status: In Good Standing

CONTACT

N14 W23755 Stone Ridge Drive, Waukesha, WI 53188

Aimee S. Walsh

Collection

Status: In Good Standing Licensed: 29 Years

CONTACT

7310 Grand Pkwy, Brookfield, WI 53005

Ashley Marie Sanfilippo

Collection

Status: In Good Standing Licensed: 10 Years

CONTACT

225 S Executive Drive, Wales, WI 53183

Autumn Lyn Lindquist

Government, Estate, Divorce & Family Law, Collection

Status: In Good Standing

CONTACT

600 Third St, Hudson, WI 54016

Brandon E. Bowlin

Credit & Debt, Collection

Status: In Good Standing Licensed: 19 Years

CONTACT

13890 Bishops Dr, Brookfield, WI 53005

Brandon Eugene Bowlin

Credit & Debt, Collection

Status: In Good Standing Licensed: 19 Years

CONTACT

13890 Bishops Dr, Brookfield, WI 53005

Christine Marie Schramek

Real Estate, Bankruptcy & Debt, Collection, Commercial Real Estate

Status: In Good Standing Licensed: 20 Years

CONTACT

250 N Sunny Slope Rd, Brookfield, WI 53005

Christine Marie Schramek

General Practice

Status: In Good Standing Licensed: 12 Years

CONTACT

250 N Sunny Slope Rd, Brookfield, WI 53005

Deepak Dass

Lawsuit & Dispute, Collection

Status: In Good Standing Licensed: 20 Years

CONTACT

Madison, WI 53707

Frank M. Cappozzo

Estate, Divorce, Divorce & Family Law, Collection

Status: In Good Standing Licensed: 49 Years

CONTACT

511 North Grand Avenue, Waukesha, WI 53187

800-923-0641

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LEGAL TERMS

TRADE NAME

The official name of a business, the one it uses on its letterhead and bank account when not dealing with consumers.

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.

ADMINISTRATIVE EXPENSES

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Admi... (more...)

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Administrative costs are typically 10% of the debtor's total payments under the plan.

CREDITOR

A person or entity (such as a bank) to whom a debt is owed.

FORBEARANCE

Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily ... (more...)

Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily postponing or reducing the borrower's payments.

ABUSE

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because ... (more...)

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because the debtor appears to have enough disposable income to fund a Chapter 13 repayment plan.

PRESUMED ABUSE

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means te... (more...)

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means test, the court will presume that the debtor has sufficient income to fund a Chapter 13 plan. In this situation, the debtor will not be allowed to proceed with a Chapter 7 bankruptcy unless the debtor can prove that he or she is not abusing the Chapter 7 bankruptcy remedy.

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.

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.

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Watertown Collection Lawyer, Wisconsin

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Jeremy Joseph Geisel

Aimee S. Walsh

Ashley Marie Sanfilippo

Autumn Lyn Lindquist

Brandon E. Bowlin

Brandon Eugene Bowlin

Christine Marie Schramek

Christine Marie Schramek

Deepak Dass

Frank M. Cappozzo

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LEGAL TERMS

TRADE NAME

CREDIT COUNSELING

ADMINISTRATIVE EXPENSES

CREDITOR

FORBEARANCE

ABUSE

PRESUMED ABUSE

MEETING OF CREDITORS

SUBROGATION

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