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Patrick Jones
About | Practice Areas
PMJ PLLC
100 S State St Chicago, IL 60603» view map
Bankruptcy & Debt
Working Relentlessly For You

Patrick is the Founder of PMJ PLLC and has more than 20 years of experience.

800-901-4721
1. Patrick Jones Chicago, IL
  Attorney at Law- IL
  DePaul University College of Law, J.D. 1999
2. AboutPMJ PLLC
  Working Relentlessly For You
3. Practice AreasExpertise
  Bankruptcy & Debt
1. Contact
2. Email
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Angela Christine Vandeventer

Landlord-Tenant, Estate Planning, Collection

Status: In Good Standing Licensed: 17 Years

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Cheralyn Elizabeth Kesler

Bankruptcy, Personal Injury, DUI-DWI, Divorce

Status: In Good Standing Licensed: 23 Years

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Christopher Lee Wetzel

General Practice

Status: In Good Standing Licensed: 22 Years

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Edward Willard Brankey

Bankruptcy, Immigration, Personal Injury, Workers' Compensation

Status: In Good Standing Licensed: 47 Years

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James A. Bennett

Wills & Probate, Contract, Business, Bankruptcy

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300 Richmond Ave, Mattoon, IL 61938

Kenneth Redman Gano

Patent, Estate, Family Law, Divorce, Bankruptcy

Status: In Good Standing

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Kristin Wilson

Collection, Landlord-Tenant

Status: In Good Standing Licensed: 34 Years

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600 Jackson Avenue, Charleston, IL 61920

Kristin Lyn Wilson

Landlord-Tenant, Government, Collection, Bankruptcy

Status: In Good Standing Licensed: 33 Years

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611 6Th Street, Charleston, IL 61920

Linda Colón

Elder Law, Divorce, Business, Consumer Bankruptcy

Status: Inactive

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Charleston, IL 61920

Marsha L. Combs-skinner

Estate Planning, Workers' Compensation, Bankruptcy, Personal Injury

Status: In Good Standing Licensed: 35 Years

CONTACT

Newman, IL 61942

800-923-0641

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LEGAL TERMS

PRIORITY DEBT

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13... (more...)

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13 bankruptcy. Priority debts include alimony and child support, fees owed to the trustee and the attorney in the bankruptcy case, and wages owed to employees.

CREDIT FILE

See credit report.

DISCHARGEABLE DEBTS

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bill... (more...)

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bills and medical bills. Compare nondischargeable debts.

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.

GRACE PERIOD

A period of time during which you are not required to make payments on a debt. For example, most credit cards give you a grace period of 20-30 days before you h... (more...)

A period of time during which you are not required to make payments on a debt. For example, most credit cards give you a grace period of 20-30 days before you have to pay interest on the amount of your purchases. Cash advances, however, usually have no grace period; interest begins to accumulate from the date of the withdrawal, even if you pay your bills on time. Also, some student loans give you a grace period after graduating or dropping out of school. During this time, you are not required to make payments on your loan.

BANKRUPTCY TRUSTEE

A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is t... (more...)

A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is to gather the debtor's nonexempt property, liquidate it and distribute it proportionally to her creditors. In a Chapter 13 case, the trustee's role is to receive the debtor's monthly payments and distribute them proportionally to her creditors.

LIMITED PARTNERSHIP

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner ... (more...)

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner or partners (called general partners) have unlimited personal liability. The key difference between a general and limited partner concerns management decision making--general partners run the business, and limited partners, who are usually passive investors, are not allowed to make day-to-day business decisions. If they do, they risk being treated as general partners with unlimited personal liability.

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.

Camargo Bankruptcy & Debt Lawyer, Illinois

Sponsored Law Firm

PMJ PLLC

SPONSORED LAWYERS

Angela Christine Vandeventer

Cheralyn Elizabeth Kesler

Christopher Lee Wetzel

Edward Willard Brankey

James A. Bennett

Kenneth Redman Gano

Kristin Wilson

Kristin Lyn Wilson

Linda Colón

Marsha L. Combs-skinner

TIPS

LEGAL TERMS

PRIORITY DEBT

CREDIT FILE

DISCHARGEABLE DEBTS

LIABILITY

GRACE PERIOD

BANKRUPTCY TRUSTEE

LIMITED PARTNERSHIP

WORKOUT

CREDITOR

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