Iron County, WI Credit & 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 Iron Credit & Debt lawyer.
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Paul A. Sturgul

Estate, Government

Status: In Good Standing Licensed: 51 Years

CONTACT

504 Poplar Street, Hurley, WI 54534

Martin J. Lipske

General Practice

Status: In Good Standing Licensed: 45 Years

CONTACT

13591 N County Rd D, Hurley, WI 54534

Patrick J. Madden

General Practice

Status: In Good Standing Licensed: 48 Years

CONTACT

300 Taconite St, Hurley, WI 54534

Anthony John Stella

Criminal, Civil Rights, Animal Bite

Status: In Good Standing Licensed: 39 Years

CONTACT

13545N County Road D, Hurley, WI 54534

Jodie L. Bednar

DUI-DWI, Divorce

Status: In Good Standing Licensed: 37 Years

CONTACT

Mercer, WI 54547

Micah A. Zeitler

General Practice

Status: In Good Standing Licensed: 16 Years

CONTACT

5076 N Stafford Point Road, Mercer, WI 54547

Frederick John Schellgell

Education, DUI-DWI

Status: In Good Standing Licensed: 39 Years

CONTACT

2694 Hwy County, Mercer, WI 54547

Sam Joseph Filippo

General Practice

Status: In Good Standing Licensed: 25 Years

CONTACT

9760 W Us Highway 2, Saxon, WI 54559

Francis J. Fassino

General Practice

Status: In Good Standing Licensed: 72 Years

CONTACT

Mercer, WI 54547

Santo Joseph Filippo

General Practice

Status: Inactive Licensed: 46 Years

CONTACT

300 Taconite Street, Hurley, WI 54534

800-923-0641

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LEGAL TERMS

FCRA

See Fair Credit Reporting Act.

TRADE NAME

The official name of a business, the one it uses on its letterhead and bank account when not dealing with consumers.

CHAPTER 13 BANKRUPTCY

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your inc... (more...)

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your income to pay all or a portion of the debts over three to five years. The minimum amount you must pay is roughly equal to the value of your nonexempt property. In addition, you must pledge your disposable net income -- after subtracting reasonable expenses -- for the period during which you are making payments. At the end of the three-to five-year period, the balance of what you owe on most debts is erased.

COLLECTION AGENCY

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the d... (more...)

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the debt themselves, typically through letters (called 'dunning' letters) and telephone calls. Collection agencies are regulated by the federal Fair Debt Collection Practices Act. Unfortunately, too many collectors ignore this law.

FRATERNAL BENEFIT SOCIETY BENEFITS

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal socie... (more...)

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal societies that provide benefits. Also called benefit society, benevolent society or mutual aid association benefits. Under bankruptcy laws, these benefits are virtually always considered exempt property.

FDCPA

See Fair Debt Collections & Practices Act.

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.

UNSECURED DEBT

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only reme... (more...)

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only remedy is to sue you and get a judgment. Compare secured debt.

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.

SAMPLE LEGAL CASES

HARBOR CREDIT UNION v. SAMP

... 1 BLANCHARD, J. Harbor Credit Union obtained a judgment of foreclosure on real estate owned by Christopher Samp based on Samp's default on a first mortgage and note. ... So Mr. Samp would be walking away without any debt to [Harbor] in regard to those two loans.". ...

IN RE THE MARRIAGE OF CHON v. Sorensen

... 4 The trial court found that Sorenson overpaid maintenance, essentially cancelling out the credit card debt. ... The court expressly found credible Sorenson's testimony regarding the payment of the credit card debt. We defer to the circuit court's credibility determinations. Wis. Stat. ...

IN RE THE MARRIAGE OF IVERSON v. Iverson

... Jean agreed to "maintain average inventory in the store" and further agreed that "she will not increase the credit card debt against the business beyond $50,000." Lowell agreed to pay Jean a $40,000 cash equalization payment from his share of the net sale proceeds of ...

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Iron County, WI Credit & Debt Lawyers

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Paul A. Sturgul

Martin J. Lipske

Patrick J. Madden

Anthony John Stella

Jodie L. Bednar

Micah A. Zeitler

Frederick John Schellgell

Sam Joseph Filippo

Francis J. Fassino

Santo Joseph Filippo

TIPS

LEGAL TERMS

FCRA

TRADE NAME

CHAPTER 13 BANKRUPTCY

COLLECTION AGENCY

FRATERNAL BENEFIT SOCIETY BENEFITS

FDCPA

DISPOSABLE INCOME

UNSECURED DEBT

ACCORD AND SATISFACTION

SAMPLE LEGAL CASES

HARBOR CREDIT UNION v. SAMP

IN RE THE MARRIAGE OF CHON v. Sorensen

IN RE THE MARRIAGE OF IVERSON v. Iverson

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