Muscoda 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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Brian C. McGraw

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

Status: In Good Standing Licensed: 45 Years

CONTACT

106 N Wisconsin Ave, Muscoda, WI 53573

Bret G. Nason

Litigation, Consumer Protection, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

CONTACT

1344 Arbor Oaks Ln, Lancaster, WI 53813

George C. Wilbur

Bankruptcy & Debt, Criminal, Real Estate, Business, Lawsuit & Dispute

Status: In Good Standing Licensed: 29 Years

CONTACT

104 W Main St, La Farge, WI 54639

Richard J. Bisbee

Divorce & Family Law, Bankruptcy & Debt

Status: Inactive Licensed: 50 Years

CONTACT

425 N Elm St, Platteville, WI 53818

Michael J. Olds

Real Estate Other, Divorce, Credit & Debt, Malpractice

Status: In Good Standing

CONTACT

44 E Main St, Platteville, WI 53818

David L. Abt

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

Status: In Good Standing Licensed: 47 Years

CONTACT

210 N Main St, Westby, WI 54667

Nancy A. Thome

Real Estate, Bankruptcy & Debt

Status: In Good Standing Licensed: 30 Years

CONTACT

101 Dempsey Rd, Baraboo, WI 53913

Benoit Letendre

Divorce & Family Law, Bankruptcy & Debt

Status: In Good Standing Licensed: 15 Years

CONTACT

123 2Nd Street, Baraboo, WI 53913

Matthew J. Krawczyk

Corporate, Business Organization, Banking & Finance, Bankruptcy

Status: In Good Standing Licensed: 18 Years

CONTACT

16535 W Bluemound Rd, Brookfield, WI 53005

Rachel Lyn Taknint

Government, Bankruptcy, Litigation, Business

Status: Suspended Licensed: 39 Years

CONTACT

2804 E Newberry Blvd, Milwaukee, WI 53211

800-923-0641

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800-943-8690

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LEGAL TERMS

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.

FCRA

See Fair Credit Reporting Act.

TOXIC TORT

A personal injury caused by exposure to a toxic substance, such as asbestos or hazardous waste. Victims can sue for medical expenses, lost wages and pain and su... (more...)

A personal injury caused by exposure to a toxic substance, such as asbestos or hazardous waste. Victims can sue for medical expenses, lost wages and pain and suffering.

CREDIT BUREAU

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit... (more...)

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit card companies that use the information to screen applicants for loans and credit cards. There are three major credit bureaus, Equifax, Experian and Trans Union, and they are regulated by the federal Fair Credit Reporting Act.

REPOSSESSION

A creditor's taking property that has been pledged as collateral for a loan. Lenders will most often repossess cars when the owner has missed loan payments and ... (more...)

A creditor's taking property that has been pledged as collateral for a loan. Lenders will most often repossess cars when the owner has missed loan payments and has not attempted to work with the lender to resolve the problem. A repossessor can't use force to get at your car, but he can legally hot-wire it and even drive it out of your unlocked garage.

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.

COLLATERAL

Property that guarantees payment of a secured debt.

PRESUMED ABUSE

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means te... (more...)

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means test, the court will presume that the debtor has sufficient income to fund a Chapter 13 plan. In this situation, the debtor will not be allowed to proceed with a Chapter 7 bankruptcy unless the debtor can prove that he or she is not abusing the Chapter 7 bankruptcy remedy.

INTEREST

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to ... (more...)

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to your balance. This means that if your loan or credit line has an interest rate of 8%, the holder adds 8% to the balance each year. More specifically, interest is calculated and added to your loan or credit line through a process called compounding. If interest is compounded daily, the balance will rise by 1/365th of 8% each day. If interest is compounded monthly, the balance will rise 1/12th of 8% at the start of each month.

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Muscoda Bankruptcy & Debt Lawyer, Wisconsin

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Brian C. McGraw

Bret G. Nason

George C. Wilbur

Richard J. Bisbee

Michael J. Olds

David L. Abt

Nancy A. Thome

Benoit Letendre

Matthew J. Krawczyk

Rachel Lyn Taknint

TIPS

LEGAL TERMS

DISPOSABLE INCOME

FCRA

TOXIC TORT

CREDIT BUREAU

REPOSSESSION

COLLECTION AGENCY

COLLATERAL

PRESUMED ABUSE

INTEREST

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