Elmwood Park 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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John A. Ward

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Criminal, Bankruptcy & Debt, Estate, Divorce & Family Law, DUI-DWI

Some lawyers focus on plea bargaining. Others concentrate on mediation. At the office of John Anthony Ward, Attorney at Law, we are not afraid of a fi... (more)

CONTACT

262-205-6599

3636 80th Street, Kenosha, WI 53142

Christine Kapsos

Real Estate, Credit & Debt, Bankruptcy, Legal Malpractice

Status: In Good Standing

CONTACT

3216 South 92nd St., Milwaukee, WI 53227

Jay Nixon

Bankruptcy & Debt, Foreclosure, Criminal, Traffic

Status: In Good Standing

FREE CONSULTATION

CONTACT

333 Main St., Racine, WI 53403

Garrett B. Bickford

Estate Planning, Environmental Law Other, Bankruptcy, Products Liability

Status: In Good Standing Licensed: 7 Years

CONTACT

777 E Wisconsin Ave, Racine, WI 53403

Gerald M. Crawford

International Tax, Estate Planning, Elder Law, Bankruptcy

Status: In Good Standing Licensed: 60 Years

CONTACT

840 Lake Ave, Racine, WI 53403

Chomi Prag

State Appellate Practice, Divorce, Business, Bankruptcy

Status: In Good Standing

CONTACT

6216 Washington Ave., Racine, WI 53406

Justin D. Kelly

Lawsuit & Dispute, Estate, Employment, Bankruptcy & Debt

Status: In Good Standing Licensed: 12 Years

CONTACT

12501 Globe Dr, Sturtevant, WI 53177

Anthony J. Kryshak

Bankruptcy & Debt, Divorce & Family Law, Accident & Injury, Bankruptcy, Personal Injury

Status: In Good Standing Licensed: 18 Years

FREE CONSULTATION

CONTACT

6127 Green Bay Rd 101, Kenosha, WI 53142

Thomas A. Camilli

Real Estate, Litigation, Estate, Bankruptcy

Status: In Good Standing Licensed: 23 Years

CONTACT

6301 Green Bay Rd, Kenosha, WI 53142

Lakelaw Law Office

Bankruptcy, Banking & Finance, Corporate

Status: In Good Standing

CONTACT

6905 Green Bay Rd, Kenosha, WI 53142

800-923-0641

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LEGAL TERMS

TRUTH IN LENDING ACT (TILA)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disc... (more...)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disclose the terms of a loan, including the total amount of the loan, the annual interest rate and the number, amount and due dates of all payments necessary to repay the loan. The TILA requires additional disclosures and places many restrictions on mortgages.

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.

BANKRUPTCY

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are ... (more...)

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are two types of bankruptcies -- liquidation, in which your debts are wiped out (discharged) and reorganization, in which you provide the court with a plan for how you intend to repay your debts. For both consumers and business, liquidation bankruptcy is called Chapter 7. For consumers, reorganization bankruptcy is called Chapter 13. Reorganization bankruptcy for consumers with an extraordinary amount of debt and for businesses is called Chapter 11. Reorganization bankruptcy for family farmers is called Chapter 12.

LIQUIDATING PARTNER

The member of an insolvent or dissolving partnership responsible for paying the debts and settling the accounts of the partnership.

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.

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.

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.

CREDIT REPORT

An account of your credit history, prepared by a credit bureau. A credit report will contain both credit history, such as what you owe to whom and whether you m... (more...)

An account of your credit history, prepared by a credit bureau. A credit report will contain both credit history, such as what you owe to whom and whether you make the payments on time, as well as personal history, such as your former addresses, employment record and lawsuits in which you have been involved. An estimated 50% of all credit reports contain errors, such as accounts that don't belong to you, an incorrect account status or information reported that is older than seven years (ten years in the case of a bankruptcy).

Elmwood Park Bankruptcy & Debt Lawyer, Wisconsin

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

John A. Ward

Christine Kapsos

Jay Nixon

Garrett B. Bickford

Gerald M. Crawford

Chomi Prag

Justin D. Kelly

Anthony J. Kryshak

Thomas A. Camilli

Lakelaw Law Office

TIPS

LEGAL TERMS

TRUTH IN LENDING ACT (TILA)

FAIR CREDIT REPORTING ACT (FCRA)

BANKRUPTCY

LIQUIDATING PARTNER

ABUSE

MEANS TEST

CYBERSQUATTING

CREDIT REPORT

CREDIT FILE

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