Burnett 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 Burnett Bankruptcy & Debt lawyer.
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Arthur C. Benson

Real Estate, Estate, Bankruptcy & Debt

Status: In Good Standing Licensed: 44 Years

CONTACT

29092 Pardun Road, Danbury, WI 54830

Frank Monson

General Practice

Status: Suspended Licensed: 73 Years

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Star Route 4, Danbury, WI 54830

William L. Norine

Child Support

Status: In Good Standing Licensed: 38 Years

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513 N Pine St, Grantsburg, WI 54840

Paul Wesley Baxter

General Practice

Status: In Good Standing Licensed: 29 Years

CONTACT

13105 Carl Berg Rd, Grantsburg, WI 54840

Ronald Ylitalo

General Practice

Status: Deceased Licensed: 65 Years

CONTACT

24882 Gile Rd, Grantsburg, WI 54840

William Hunt

General Practice

Status: Retired Licensed: 66 Years

CONTACT

14244 Skog Road, Grantsburg, WI 54840

Frederick Painter

General Practice

Status: Inactive Licensed: 37 Years

CONTACT

Grantsburg, WI 54840

Todd H. Anderson

General Practice

Status: In Good Standing Licensed: 44 Years

CONTACT

116 E Madison Ave, Grantsburg, WI 54840

Kenneth L. Kutz

Divorce & Family Law, Criminal

Status: In Good Standing Licensed: 45 Years

CONTACT

Grantsburg, WI 54840

Adam C. Benson

Real Estate, Wrongful Termination, Defamation & Slander

Status: In Good Standing Licensed: 23 Years

CONTACT

24161 State Rd, Siren, WI 54872

800-923-0641

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LEGAL TERMS

FRAUDULENT TRANSFER

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee --... (more...)

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee -- for instance, when a debtor signs a car over to a relative to keep it out of the bankruptcy estate. Fraudulently transferred property can be recovered and sold by the trustee for the benefit of the creditors.

DISCHARGEABLE DEBTS

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bill... (more...)

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bills and medical bills. Compare nondischargeable debts.

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.

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.

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.

CREDITOR

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

SETOFF

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a countercl... (more...)

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a counterclaim filed by a defendant in a lawsuit. Banks may try to exercise a setoff by taking money out of a deposit account to satisfy past due payments on a loan or credit card bill. Such an act is illegal under most circumstances.

DISPOSABLE INCOME

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Ch... (more...)

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Chapter 13 plan.

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemp... (more...)

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemptible because it has been damaged or destroyed.

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Burnett County, WI Bankruptcy & Debt Lawyers

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Arthur C. Benson

Frank Monson

William L. Norine

Paul Wesley Baxter

Ronald Ylitalo

William Hunt

Frederick Painter

Todd H. Anderson

Kenneth L. Kutz

Adam C. Benson

TIPS

LEGAL TERMS

FRAUDULENT TRANSFER

DISCHARGEABLE DEBTS

DEBIT CARD

NONDISCHARGEABLE DEBTS

ACCORD AND SATISFACTION

CREDITOR

SETOFF

DISPOSABLE INCOME

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

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