Marathon 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 Marathon Credit & Debt lawyer.
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Richard W. Zalewski

Administrative Law

Status: In Good Standing

CONTACT

401 5th Street, Wausau, WI 54403

Andrew W. Schmidt

Real Estate, Divorce, Power of Attorney, Guardianships & Conservatorships, Estate

Status: In Good Standing

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123 Grand Avenue, Wausau, WI 54403

Timothy J. Burnett

Agribusiness, Criminal, Bad Faith Insurance, Animal Bite

Status: In Good Standing

CONTACT

401 5th Street, Wausau, WI 54403

Michael J. Roman

Animal Bite, Criminal, Civil Rights, Commercial Insurance

Status: In Good Standing Licensed: 30 Years

CONTACT

210 Mcclellan St, Wausau, WI 54402

Mark A. Klinner

Arbitration, Age Discrimination, Administrative Law, Animal Bite

Status: In Good Standing Licensed: 39 Years

CONTACT

210 Mcclellan St, Wausau, WI 54402

John A. Kramer

Agriculture, Animal Bite, Criminal, Bed Bug

Status: In Good Standing Licensed: 36 Years

CONTACT

210 Mcclellan St, Wausau, WI 54403

Dale M. Eaton

Pharmaceutical Product, Family Law, Banking & Finance, Medical Malpractice

Status: In Good Standing Licensed: 31 Years

CONTACT

513 Grant St, Wausau, WI 54403

Christine R H Olsen

Government, Divorce, Divorce & Family Law, Business

Status: In Good Standing Licensed: 38 Years

CONTACT

156535 E Wausau Ave, Wausau, WI 54403

Steven H. Schinker

Construction, Litigation, Energy, Contract

Status: In Good Standing Licensed: 31 Years

CONTACT

500 N 1St St, Wausau, WI 54403

David J. Eckert

Real Estate, Estate Planning, Business

Status: In Good Standing Licensed: 36 Years

CONTACT

216 S Third Ave, Wausau, WI 54402

800-923-0641

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LEGAL TERMS

GARNISHMENT

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if ... (more...)

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if she loses a lawsuit filed by the creditor. Up to 25% of a person's wages can be deducted.

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.

REDEMPTION

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump s... (more...)

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump sum. For example, a debtor may redeem a car note by paying the lender the amount a retail vendor would charge for the car, considering its age and condition.

HOUSEHOLDER

A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a ho... (more...)

A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a homestead exemption and possibly other exemptions relating to the maintenance of the household.

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.'

FDCPA

See Fair Debt Collections & Practices Act.

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.

CREDITOR

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

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.

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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Marathon County, WI Credit & Debt Lawyers

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Richard W. Zalewski

Andrew W. Schmidt

Timothy J. Burnett

Michael J. Roman

Mark A. Klinner

John A. Kramer

Dale M. Eaton

Christine R H Olsen

Steven H. Schinker

David J. Eckert

TIPS

LEGAL TERMS

GARNISHMENT

CHAPTER 13 BANKRUPTCY

REDEMPTION

HOUSEHOLDER

LOSS DAMAGE WAIVER (LDW)

FDCPA

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

CREDITOR

401(K) PLAN

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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