Schiller Park 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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Ira Phil Goldberg

Trusts, Credit & Debt, Collection, Bankruptcy

Status: In Good Standing

CONTACT

216 Higgins Road, Park Ridge, IL 60068

David Arena

Litigation, Business, Collection, Personal Injury

Status: In Good Standing

CONTACT

216 Higgins Road, Park Ridge, IL 60068

Bryan J. Berry

Real Estate, International Tax, Collection, Personal Injury

Status: In Good Standing Licensed: 37 Years

CONTACT

9501 W Devon Ave, Des Plaines, IL 60018

Abraham Elliott Brustein

Business, Collection, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 48 Years

CONTACT

216 Higgins Rd, Park Ridge, IL 60068

Bryan Berry

Tax, International Tax, Collection, Personal Injury

Status: In Good Standing Licensed: 38 Years

CONTACT

9501 W Devon Ave, Des Plaines, IL 60018

Daniel Lawrence Giudice

Divorce, DUI-DWI, Civil Rights, Collection

Status: In Good Standing

CONTACT

201 North Church Road, Bensenville, IL 60106

Daniel Giudice

Divorce, DUI-DWI, Civil Rights, Collection

Status: In Good Standing

CONTACT

201 North Church Road, Bensenville, IL 60106

David T Arena

Litigation, Business, Collection, Personal Injury

Status: In Good Standing

CONTACT

444 N Northwest Hwy, Park Ridge, IL 60068

Craig Smith

Commercial Real Estate, Litigation, Civil Rights, Collection

Status: In Good Standing Licensed: 28 Years

CONTACT

1011 Lake St, Oak Park, IL 60301

Christine M. Mcnamara-Ripoli

Administrative Law, Collection, Elder Law, Divorce

Status: In Good Standing

CONTACT

2860 S River Rd, Des Plaines, IL 60018

800-923-0641

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LEGAL TERMS

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.

COLLATERAL

Property that guarantees payment of a secured debt.

ABUSE

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because ... (more...)

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because the debtor appears to have enough disposable income to fund a Chapter 13 repayment plan.

NO-FAULT INSURANCE

Car insurance laws that require the insurance companies of each person in an accident to pay for medical bills and lost wages of their insured, up to a certain ... (more...)

Car insurance laws that require the insurance companies of each person in an accident to pay for medical bills and lost wages of their insured, up to a certain amount, regardless of who was at fault. The effect of no-fault insurance laws is to eliminate lawsuits in small accidents. The advantage is the prompt payment of medical bills and expenses. The downsides are that the amounts paid by no-fault policies are often not enough to fully cover a person's losses and that no-fault does not compensate for pain and suffering.

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.

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.

NUISANCE FEES

Money charged by some credit card companies to increase their profits when you fail to use the card the way the creditor wants. Examples include late payment fe... (more...)

Money charged by some credit card companies to increase their profits when you fail to use the card the way the creditor wants. Examples include late payment fees, inactivity fees and fees for not carrying a balance from month to month. It's best to shop around and get rid of cards that have these fees attached.

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.

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.

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Schiller Park Collection Lawyer, Illinois

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Ira Phil Goldberg

David Arena

Bryan J. Berry

Abraham Elliott Brustein

Bryan Berry

Daniel Lawrence Giudice

Daniel Giudice

David T Arena

Craig Smith

Christine M. Mcnamara-Ripoli

TIPS

LEGAL TERMS

REDEMPTION

COLLATERAL

ABUSE

NO-FAULT INSURANCE

DEBT COLLECTOR

TOXIC TORT

NUISANCE FEES

DOING BUSINESS AS (DBA)

CHAPTER 13 PLAN

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