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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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Peter Frank Kartje

Contract, Collection, Workers' Compensation, Civil Rights

Status: Licensed: 17 Years

CONTACT

1620 Willow Creek Pkwy, Chippewa Falls, WI 54729

Ardis A. Cray

Criminal, Family Law, Estate Planning, Bankruptcy

Status: Licensed: 48 Years

CONTACT

12259 65Th Ave, Chippewa Falls, WI 54729

Janet M. McDonough

Bankruptcy & Debt, Divorce & Family Law, Estate

Status: Licensed: 28 Years

CONTACT

103 North Bridge Street, Chippewa Falls, WI 54729

Michelle F. Achterberg

Employment, Family Law, Civil Rights, Business, Bankruptcy

Status: Licensed: 13 Years

CONTACT

310 Pinnacle Way, Eau Claire, WI 54701

John Edmund Manydeeds

Special Education, Social Security, Civil Rights, Bankruptcy & Debt, Lawsuit & Dispute

Status: Licensed: 11 Years

CONTACT

1119 Regis Ct, Eau Claire, WI 54701

Sarah E. Brown-Jager

Lawsuit & Dispute, Divorce & Family Law, Business, Bankruptcy & Debt

Status: Licensed: 14 Years

CONTACT

411 N Bridge St, Eau Claire, WI 54703

Lindsey S.M. Minser

Criminal, Credit & Debt, Bankruptcy & Debt

Status: Licensed: 13 Years

CONTACT

3624 Oakwood Hills Pkwy, Eau Claire, WI 54702

John W. Jokela

Bankruptcy & Debt, Credit & Debt, Bankruptcy Litigation, Bankruptcy

Status: Licensed: 50 Years

CONTACT

1901 Brackett Ave, Eau Claire, WI 54701

Jon Elton Stanek

Consumer Rights, Civil Rights, Consumer Bankruptcy, Bankruptcy

Status: Licensed: 20 Years

CONTACT

Eau Claire, WI 54703

Raymond James French

Municipal, Wills & Probate, Estate Planning, Credit & Debt

Status: Licensed: 12 Years

CONTACT

3103 Ellis Street, Eau Claire, WI 54701

800-923-0641

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LEGAL TERMS

C CORPORATION

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S c... (more...)

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S corporation, whose profits are passed through to shareholders and taxed on their personal returns under subchapter S of the Internal Revenue Code.

401(K) PLAN

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income ... (more...)

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income taxes on the amount invested and any earnings are due until the employee withdraws money from the fund.

PRIORITY DEBT

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13... (more...)

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13 bankruptcy. Priority debts include alimony and child support, fees owed to the trustee and the attorney in the bankruptcy case, and wages owed to employees.

CREDITOR

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

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.

CYBERSQUATTING

Buying a domain name that reflects the name of a business or famous person with the intent of selling the name back to the business or celebrity for a profit. T... (more...)

Buying a domain name that reflects the name of a business or famous person with the intent of selling the name back to the business or celebrity for a profit. The Anticybersquatting Consumer Protection Act of 1999 authorizes a cybersquatting victim to file a federal lawsuit to regain a domain name or sue for financial compensation. Under the act, registering, selling or using a domain name with the intent to profit from someone else's good name is considered cybersquatting. Victims of cybersquatting can also use the provisions of the Uniform Domain Name Dispute Resolution Policy adopted by ICANN, an international tribunal administering domain names. This international policy results in arbitration of the dispute, not litigation.

LIABILITY

(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pi... (more...)

(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pipe bursts the day after Paul installs it, ruining the bathroom floor. This raises the issue of liability: Who is responsible for the damage? Peri claims that Paul is responsible, and sues him for the cost of hiring another plumber to fix the pipe and replacing the floor. Paul, in turn, claims that the pipe manufacturer is responsible, because they supplied him with faulty materials. Both Peri and Paul must prove their claims in court; if Paul and/or the manufacturer is found liable, one or both will have to pay damages to Peri. (2) Something for which a person is liable. For example, a debt is often called a liability.

LIMITED LIABILITY

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or ... (more...)

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or a person who invests in a corporation (a shareholder) generally stands to lose only the amount of money invested in the business. This means that if the business folds, creditors cannot seize or sell an owner's home, car, or other personal assets.

Colfax Bankruptcy & Debt Lawyer, Wisconsin

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Peter Frank Kartje

Ardis A. Cray

Janet M. McDonough

Michelle F. Achterberg

John Edmund Manydeeds

Sarah E. Brown-Jager

Lindsey S.M. Minser

John W. Jokela

Jon Elton Stanek

Raymond James French

TIPS

LEGAL TERMS

C CORPORATION

401(K) PLAN

PRIORITY DEBT

CREDITOR

DEBIT CARD

CYBERSQUATTING

LIABILITY

LIMITED LIABILITY

CREDIT FILE

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