Arkansaw Bankruptcy & Debt 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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D. Peter Seguin

Bankruptcy, Corporate, Estate Planning, Wills & Probate, Estate

Status: In Good Standing

CONTACT

110 Second Street, Hudson, WI 54016

Steven J. Wlodyga

Real Estate, Motor Vehicle, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 14 Years

CONTACT

1226 Us Highway 63, Baldwin, WI 54002

Patrick R. Russell

Lawsuit & Dispute, Industry Specialties, Labor Law, Bankruptcy & Debt, Contract

Status: In Good Standing Licensed: 45 Years

CONTACT

Brookfield, WI 53008

Peter Frank Kartje

General Practice

Status: In Good Standing Licensed: 17 Years

CONTACT

1620 Willow Creek Pkwy, Chippewa Falls, WI 54729

Ardis A. Cray

Criminal, Family Law, Estate Planning, Bankruptcy

Status: Inactive Licensed: 48 Years

CONTACT

12259 65Th Ave, Chippewa Falls, WI 54729

Janet M. McDonough

Bankruptcy & Debt, Divorce & Family Law, Estate

Status: In Good Standing Licensed: 28 Years

CONTACT

103 North Bridge Street, Chippewa Falls, WI 54729

James G. Moldenhauer

Income Tax, Tax, Bankruptcy & Debt

Status: In Good Standing Licensed: 42 Years

CONTACT

3610 Oakwood Mall Dr, Eau Claire, WI 54702

Michelle F. Achterberg

Employment, Family Law, Civil Rights, Business, Bankruptcy

Status: In Good Standing Licensed: 13 Years

CONTACT

310 Pinnacle Way, Eau Claire, WI 54701

Brian Howard Wright

Employment, Criminal, Litigation, Bankruptcy

Status: In Good Standing Licensed: 32 Years

CONTACT

116 West Grand Avenue, Eau Claire, WI 54702

Howard D. White

Bankruptcy Litigation, Commercial Bankruptcy, Consumer Bankruptcy

Status: In Good Standing Licensed: 42 Years

CONTACT

131 S Barstow St, Eau Claire, WI 54702

800-923-0641

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LEGAL TERMS

NONEXEMPT PROPERTY

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typicall... (more...)

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typically includes valuable clothing (furs) and electronic equipment, an expensive car that's been paid off and most of the equity in your house. Compare exempt property.

CCCS

See Consumer Credit Counseling Service.

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.

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.

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.

REPOSSESSION

A creditor's taking property that has been pledged as collateral for a loan. Lenders will most often repossess cars when the owner has missed loan payments and ... (more...)

A creditor's taking property that has been pledged as collateral for a loan. Lenders will most often repossess cars when the owner has missed loan payments and has not attempted to work with the lender to resolve the problem. A repossessor can't use force to get at your car, but he can legally hot-wire it and even drive it out of your unlocked garage.

INFRINGEMENT (OF TRADEMARK)

Unauthorized use of a protected trademark or service mark, or use of something very similar to a protected mark. The success of a lawsuit to stop the infringeme... (more...)

Unauthorized use of a protected trademark or service mark, or use of something very similar to a protected mark. The success of a lawsuit to stop the infringement turns on whether the defendant's use causes a likelihood of confusion in the average consumer. If a court determines that the average consumer would be confused, the owner of the original mark can prevent the other's use of the infringing mark and sometimes collect damages.

FAIR LABOR STANDARDS ACT (FLSA)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements ... (more...)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements for overtime and places restrictions on child labor.

Arkansaw Bankruptcy & Debt Lawyer, Wisconsin

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

D. Peter Seguin

Steven J. Wlodyga

Patrick R. Russell

Peter Frank Kartje

Ardis A. Cray

Janet M. McDonough

James G. Moldenhauer

Michelle F. Achterberg

Brian Howard Wright

Howard D. White

TIPS

LEGAL TERMS

NONEXEMPT PROPERTY

CCCS

S CORPORATION

GARNISHMENT

PRESUMED ABUSE

REPOSSESSION

INFRINGEMENT (OF TRADEMARK)

FAIR LABOR STANDARDS ACT (FLSA)

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