Colfax 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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Ardis A. Cray

Criminal, Family Law, Estate Planning, Bankruptcy

Status: Inactive Licensed: 48 Years

CONTACT

12259 65Th Ave, Chippewa Falls, WI 54729

Brian Howard Wright

Employment, Criminal, Litigation, Bankruptcy

Status: In Good Standing Licensed: 32 Years

CONTACT

116 West Grand Avenue, Eau Claire, WI 54702

Bruce E. Zito

Bankruptcy, Bankruptcy & Debt

Status: Suspended Licensed: 43 Years

CONTACT

2004 Highland Ave, Eau Claire, WI 54701

Daniel R. Freund

Credit & Debt, Collection, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 41 Years

CONTACT

920 S Farwell St, Eau Claire, WI 54701

Diana Lynn Snyder

Government, Business, Bankruptcy & Debt

Status: In Good Standing Licensed: 13 Years

CONTACT

2010 Dairyland Road, Menomonie, WI 54751

Eric Wiechert

International Tax, Construction, Bankruptcy

Status: In Good Standing

CONTACT

126 N Barstow St., Eau Claire, WI 54702

Francis X. Rivard

Traffic, Criminal, Contract, Credit & Debt

Status: In Good Standing Licensed: 44 Years

CONTACT

1106 10th St E, Menomonie, WI 54751

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

James G. Moldenhauer

Income Tax, Tax, Bankruptcy & Debt

Status: In Good Standing Licensed: 42 Years

CONTACT

3610 Oakwood Mall Dr, Eau Claire, WI 54702

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

800-923-0641

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LEGAL TERMS

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.

GUARANTOR

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. T... (more...)

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. The guarantor gives a 'guaranty,' which is an assurance that the debt or other obligation will be fulfilled.

LOSS DAMAGE WAIVER (LDW)

Rental car insurance that makes the rental car company responsible for damage to or theft of a rental car. This insurance is a major consumer ripoff, as it ofte... (more...)

Rental car insurance that makes the rental car company responsible for damage to or theft of a rental car. This insurance is a major consumer ripoff, as it often duplicates coverage provided by the renter's regular car insurance and/or the credit card she uses to rent the car. Nevertheless, hard-sell practices by rental car agents often dupe people into buying LDWs they don't really need. LDW is also called 'collision damage waiver.'

IRS EXPENSES

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income mu... (more...)

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income must use the IRS expenses to calculate their average net income in a Chapter 7 case, or their disposable income in a Chapter 13 case.

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.

FAIR CREDIT REPORTING ACT (FCRA)

A federal law that is designed to prevent inaccurate or obsolete information from entering or remaining in a credit report. The law requires credit bureaus to a... (more...)

A federal law that is designed to prevent inaccurate or obsolete information from entering or remaining in a credit report. The law requires credit bureaus to adopt reasonable procedures for gathering, maintaining and disseminating information and bars credit bureaus from reporting negative information that is older than seven years, except a bankruptcy, which may be reported for ten. If you notify a credit bureau of an error in your credit report, the FCRA requires the bureau to investigate your allegations within 30 days, review all information you provide, remove inaccurate and unverified information and adopt procedures to keep the information from reappearing. In addition, the law requires that creditors refrain from reporting incorrect information to credit bureaus.

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

A national non-profit agency that, at no cost, helps debtors plan budgets and repay their debts. One major criticism of CCCS is that each office is primarily fu... (more...)

A national non-profit agency that, at no cost, helps debtors plan budgets and repay their debts. One major criticism of CCCS is that each office is primarily funded by voluntary donations from the creditors that receive payments from debtors repaying their debts through that office. Despite this criticism, most CCCS counselors provide clients with thorough and neutral advice.

MEANS TEST

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income ... (more...)

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income for his or her state should be allowed to file for Chapter 7 bankruptcy.

Colfax Bankruptcy & Debt Lawyer, Wisconsin

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Ardis A. Cray

Brian Howard Wright

Bruce E. Zito

Daniel R. Freund

Diana Lynn Snyder

Eric Wiechert

Francis X. Rivard

Howard D. White

James G. Moldenhauer

Janet M. McDonough

TIPS

LEGAL TERMS

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

GUARANTOR

LOSS DAMAGE WAIVER (LDW)

IRS EXPENSES

C CORPORATION

FAIR CREDIT REPORTING ACT (FCRA)

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

MEANS TEST

CCCS

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