Waupaca Bankruptcy & Debt Lawyer, Wisconsin, page 2

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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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Robert James Domol

Estate, Criminal, Bankruptcy, Personal Injury, Accident & Injury

Status: In Good Standing

CONTACT

3945 West College Avenue, Appleton, WI 54914

John David Claypool

Mass Torts, Visa, Employment, Divorce, Bankruptcy

Status: In Good Standing

CONTACT

800 North Lynndale Drive, Appleton, WI 54914

Renee Ann Read

Visa, Employee Rights, Child Custody, Divorce & Family Law, Collection

Status: In Good Standing Licensed: 20 Years

CONTACT

219 E Wisconsin Ave, Neenah, WI 54956

Andrew J Phillips

Traffic, Family Law, Criminal, Credit & Debt

Status: In Good Standing Licensed: 38 Years

CONTACT

141 N Sawyer St, Oshkosh, WI 54902

Gregory J. Jerabek

Child Support, Divorce & Family Law, Criminal, Bankruptcy & Debt

Status: In Good Standing

CONTACT

170 3Rd St N, Wisconsin Rapids, WI 54495

Michael Peter Konz

Real Estate, Estate, Bankruptcy, Accident & Injury

Status: In Good Standing

CONTACT

2711 N Mason St, Appleton, WI 54914

Eric R. Preu

Identity Theft, Bankruptcy & Debt

Status: In Good Standing Licensed: 17 Years

CONTACT

262 W Grand Ave, Wisconsin Rapids, WI 54494

Thomas J. King

Bankruptcy & Debt

Status: In Good Standing Licensed: 47 Years

CONTACT

2950 Universal Ct, Oshkosh, WI 54903

Nicholas J.B. Pasquale

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

Status: In Good Standing Licensed: 16 Years

FREE CONSULTATION

CONTACT

536 North Richmond Street, Appleton, WI 54911

Kristine A. Pihlgren

Wills, Wills & Probate, Divorce & Family Law, Contract, Bankruptcy

Status: In Good Standing Licensed: 19 Years

CONTACT

3000 Poberezny Rd, Oshkosh, WI 54903

800-923-0641

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800-943-8690

Free Help: Use This Form or Call 800-943-8690

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LEGAL TERMS

MEETING OF CREDITORS

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a f... (more...)

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a few questions. In a Chapter 7, the meeting of creditors lasts a few minutes and rarely do any creditors show up. In a Chapter 13 bankruptcy, one or two creditors may attend, especially if they disagree with some provision of your repayment plan.

GUARANTEED RESERVATION

A hotel or rental car reservation secured by a credit card number. In exchange for your card number, the hotel or rental agency promises to have a room or vehic... (more...)

A hotel or rental car reservation secured by a credit card number. In exchange for your card number, the hotel or rental agency promises to have a room or vehicle for you no matter when you show up. If you have a guaranteed reservation with a hotel, it must provide you with a room, either at that hotel or at another comparable establishment. If you have a guaranteed reservation with a car agency, it must provide you with a vehicle. The downside of a guaranteed reservation is that if you don't show up and haven't cancelled your reservation, you will be billed for one night in the room or one day's use of the vehicle.

WORKOUT

A debtor's plan to take care of a debt, by paying it off or through loan forgiveness. Workouts are often created to avoid bankruptcy or foreclosure proceedings.

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.

FDCPA

See Fair Debt Collections & Practices Act.

LIEN

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortg... (more...)

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortgages, home equity loans, car loans and personal loans for which you pledge property to guarantee repayment. Liens created without your consent are called nonconsensual liens, and include judgment liens (liens filed by a creditor who has sued you and obtained a judgment), tax liens and mechanics liens (liens filed by a contractor who worked on your house but wasn't paid).

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.

TRUTH IN LENDING ACT (TILA)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disc... (more...)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disclose the terms of a loan, including the total amount of the loan, the annual interest rate and the number, amount and due dates of all payments necessary to repay the loan. The TILA requires additional disclosures and places many restrictions on mortgages.

SUBROGATION

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off i... (more...)

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off its injured claimant takes the legal rights the claimant has against a third party that caused the injury, and sues that third party.

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Waupaca Bankruptcy & Debt Lawyer, Wisconsin, page 2

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Robert James Domol

John David Claypool

Renee Ann Read

Andrew J Phillips

Gregory J. Jerabek

Michael Peter Konz

Eric R. Preu

Thomas J. King

Nicholas J.B. Pasquale

Kristine A. Pihlgren

TIPS

LEGAL TERMS

MEETING OF CREDITORS

GUARANTEED RESERVATION

WORKOUT

401(K) PLAN

FDCPA

LIEN

INTEREST

TRUTH IN LENDING ACT (TILA)

SUBROGATION

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