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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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Berton Dale Sherman

Banking & Finance, Bankruptcy, Corporate, Business Organization

Status: In Good Standing

FREE CONSULTATION

CONTACT

104 Main Street, Black River Falls, WI 54615

David B. Russell

General Practice

Status: In Good Standing

FREE CONSULTATION

CONTACT

505 King Street, La Crosse, WI 54602

Amie B. Trupke

Environmental Law Other, Workers' Compensation, Bankruptcy, Products Liability

Status: Suspended Licensed: 22 Years

CONTACT

6293 Quail Ct, Oregon, WI 53575

Andrew Aaron Van Sickle

Government, Family Law, Bankruptcy, Accident & Injury

Status: Suspended Licensed: 28 Years

CONTACT

733 James Ct, Pulaski, WI 54162

Ann E. Stevning-Roe

Real Estate, Government, Divorce & Family Law, Bankruptcy & Debt

Status: In Good Standing Licensed: 40 Years

CONTACT

214 W 5Th St, Marshfield, WI 54449

Anthony R. Varda

Workers' Compensation, Family Law, Bankruptcy, Products Liability

Status: In Good Standing Licensed: 48 Years

CONTACT

2 E Mifflin St, Madison, WI 53703

Arthur A. Vogel

Environmental Law Other, Environmental Law, Bankruptcy, Products Liability

Status: In Good Standing Licensed: 45 Years

CONTACT

411 E Wisconsin Ave, Milwaukee, WI 53202

Austin D. Auleta

Family Law, Criminal, Credit & Debt

Status: In Good Standing

CONTACT

750 3Rd Street N., La Crosse, WI 54602

Bernard J. Westfahl

Real Estate, Estate, Business, Credit & Debt

Status: In Good Standing Licensed: 52 Years

CONTACT

13307 Watertown Plank Rd, Elm Grove, WI 53122

Berton D. Sherman

Real Estate, Business, Bankruptcy & Debt

Status: In Good Standing Licensed: 71 Years

CONTACT

104 Main St, Black River Falls, WI 54615

800-923-0641

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LEGAL TERMS

FCRA

See Fair Credit Reporting Act.

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 PLAN

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to ... (more...)

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to pay all mandatory debts -- for example, back child support, taxes, and mortgage arrearages -- as well as some or all unsecured, nonpriority debts, such as medical and credit card bills.

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.

FAIR DEBT COLLECTIONS & PRACTICES ACT (FDCPA)

A federal law that outlaws unfair debt collection practices, including lying, harassing, misleading and otherwise abusing debtors, by debt collectors working fo... (more...)

A federal law that outlaws unfair debt collection practices, including lying, harassing, misleading and otherwise abusing debtors, by debt collectors working for collection agencies. The law does not apply to creditors collecting their own debts. This law has greatly improved conditions for debtors, although more than a few debt collectors ignore the law. If a collection agency violates the law, debtors can contact the Federal Trade Commission for help.

REAFFIRMATION

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing deb... (more...)

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing debt after the bankruptcy case is over. For instance, a debtor might make a reaffirmation agreement with the holder of a car note that the debtor can keep the car and must continue to pay the debt after bankruptcy.

INFRINGEMENT (OF TRADEMARK)

Unauthorized use of a protected trademark or service mark, or use of something very similar to a protected mark. The success of a lawsuit to stop the infringeme... (more...)

Unauthorized use of a protected trademark or service mark, or use of something very similar to a protected mark. The success of a lawsuit to stop the infringement turns on whether the defendant's use causes a likelihood of confusion in the average consumer. If a court determines that the average consumer would be confused, the owner of the original mark can prevent the other's use of the infringing mark and sometimes collect damages.

SETOFF

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a countercl... (more...)

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a counterclaim filed by a defendant in a lawsuit. Banks may try to exercise a setoff by taking money out of a deposit account to satisfy past due payments on a loan or credit card bill. Such an act is illegal under most circumstances.

DOING BUSINESS AS (DBA)

A situation in which a business owner operates a company under a name different from his or her real name. The owner must file a 'fictitious name statement' or ... (more...)

A situation in which a business owner operates a company under a name different from his or her real name. The owner must file a 'fictitious name statement' or similar document with the appropriate agency -- for example, the county clerk. This enables consumers to discover the names of the business owners, which is important if a consumer needs to sue the business.

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Melrose Bankruptcy & Debt Lawyer, Wisconsin

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Berton Dale Sherman

David B. Russell

Amie B. Trupke

Andrew Aaron Van Sickle

Ann E. Stevning-Roe

Anthony R. Varda

Arthur A. Vogel

Austin D. Auleta

Bernard J. Westfahl

Berton D. Sherman

TIPS

LEGAL TERMS

FCRA

GARNISHMENT

CHAPTER 13 PLAN

LIABILITY

FAIR DEBT COLLECTIONS & PRACTICES ACT (FDCPA)

REAFFIRMATION

INFRINGEMENT (OF TRADEMARK)

SETOFF

DOING BUSINESS AS (DBA)

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