Mundelein Collection Lawyer, Illinois

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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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Christopher B. Morozin

Bankruptcy, Collection, Contract, Criminal

Status: In Good Standing

FREE CONSULTATION

CONTACT

74 East Grand Avenue, Fox Lake, IL 60020

Wilfred Chan

Divorce & Family Law, Business & Trade, Civil Rights, Collection

Status: In Good Standing Licensed: 32 Years

CONTACT

1405 Halifax Drive, Mundelein, IL 60060

Wilfred Henry Chan

Collection, Elder Law, Estate Planning, Landlord-Tenant

Status: In Good Standing Licensed: 32 Years

CONTACT

1405 Halifax Drive, Mundelein, IL 60060

Omeesha Srivastava

Landlord-Tenant, Social Security, Transactions, Collection

Status: In Good Standing Licensed: 21 Years

CONTACT

175 North Archer Ave, Lake Zurich, IL 60060

Omeesha Srivastava

Landlord-Tenant, Social Security, Transactions, Collection

Status: In Good Standing Licensed: 21 Years

CONTACT

175 North Archer Ave, Lake Zurich, IL 60060

Marlon Troy Suskin

Estate Planning, Divorce & Family Law, Elder Law, Collection

Status: In Good Standing Licensed: 29 Years

CONTACT

1590 S. Milwaukee Avenue, Libertyville, IL 60048

Steven G Smith

Bankruptcy, Collection

Status: In Good Standing Licensed: 16 Years

CONTACT

354 Hollow Hill Rd, Wauconda, IL 60084

Gary Mages

Collection, Transactions, Commercial Real Estate, Civil Rights

Status: In Good Standing Licensed: 34 Years

CONTACT

1110 W Lake Cook Rd, Buffalo Grove, IL 60089

Gary A. Mages

Commercial Real Estate, Real Estate, Transactions, Collection

Status: In Good Standing Licensed: 34 Years

CONTACT

1110 W Lake Cook Rd, Buffalo Grove, IL 60089

Michelle Lynn Golden

Real Estate, Business, Collection, Bankruptcy & Debt

Status: In Good Standing Licensed: 23 Years

CONTACT

1110 W Lake Cook Rd, Buffalo Grove, IL 60089

800-923-0641

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LEGAL TERMS

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.

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.

FCRA

See Fair Credit Reporting Act.

ADMINISTRATIVE EXPENSES

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Admi... (more...)

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Administrative costs are typically 10% of the debtor's total payments under the plan.

SECURED DEBT

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collater... (more...)

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collateral, to satisfy the debt if you default. Compare unsecured debt.

DEBT COLLECTOR

A person who works in the in-house collections department of an original creditor or a collection agency to track down debtors and get them to pay what they owe... (more...)

A person who works in the in-house collections department of an original creditor or a collection agency to track down debtors and get them to pay what they owe. Debt collectors can be relentless, often using scare tactics, humiliation and repeated phone calls to extract payments or promises to pay.

CREDIT FILE

See credit report.

AUTOMATIC STAY

An injunction automatically issued by the bankruptcy court when a debtor files for bankruptcy. The automatic stay prohibits most creditor collection activities,... (more...)

An injunction automatically issued by the bankruptcy court when a debtor files for bankruptcy. The automatic stay prohibits most creditor collection activities, such as filing or continuing lawsuits, making written requests for payment, or notifying credit reporting bureaus of an unpaid debt.

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.

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Mundelein Collection Lawyer, Illinois

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Christopher B. Morozin

Wilfred Chan

Wilfred Henry Chan

Omeesha Srivastava

Omeesha Srivastava

Marlon Troy Suskin

Steven G Smith

Gary Mages

Gary A. Mages

Michelle Lynn Golden

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LEGAL TERMS

C CORPORATION

ACCORD AND SATISFACTION

FCRA

ADMINISTRATIVE EXPENSES

SECURED DEBT

DEBT COLLECTOR

CREDIT FILE

AUTOMATIC STAY

FAIR CREDIT REPORTING ACT (FCRA)

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