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Cooksville Bankruptcy & Debt Lawyer, Illinois

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1-10 of 34 matches. Page 1 of 4  

Sheila Vicars-duncan

Bankruptcy
Status:  In Good Standing           Licensed:  39 Years
CONTACT
1805 Hackberry Rd, Bloomington, IL 61704
Profile LAWPOINTS™32/100
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Sheila Eileen Vicars-duncan

Bankruptcy
Status:  In Good Standing           Licensed:  39 Years
CONTACT
1805 Hackberry Rd, Bloomington, IL 61704
Profile LAWPOINTS™32/100
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Chad Ritchie

Litigation, Transactions, Business, Collection
Status:  In Good Standing           Licensed:  22 Years
CONTACT
2203 E Empire St, Bloomington, IL 61704
Profile LAWPOINTS™32/100
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Marlaina Strunk

Collection
Status:  In Good Standing           Licensed:  21 Years
CONTACT
211 Landmark Dr, Normal, IL 61761
Profile LAWPOINTS™32/100
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Brian Maynard

Collection
Status:  In Good Standing           Licensed:  22 Years
CONTACT
211 Landmark Dr, Normal, IL 61761
Profile LAWPOINTS™32/100
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Brian David Maynard

Collection
Status:  In Good Standing           Licensed:  22 Years
CONTACT
211 Landmark Dr, Normal, IL 61761
Profile LAWPOINTS™32/100
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Marlaina Corrinne Strunk

Collection
Status:  In Good Standing           Licensed:  21 Years
CONTACT
211 Landmark Dr, Normal, IL 61761
Profile LAWPOINTS™32/100
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Michelle Schneiderheinze-connell

Divorce & Family Law, Bankruptcy
Status:  In Good Standing           Licensed:  25 Years
CONTACT
2401 E. Washington Street, Bloomington, IL 61704
Profile LAWPOINTS™32/100
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Gary George Johnson

Divorce & Family Law, Criminal, Collection, Traffic
Status:  In Good Standing           Licensed:  51 Years
CONTACT
202 South Eldorado Road, Bloomington, IL 61704
Profile LAWPOINTS™32/100
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Christine Renee Chance

Business, Collection
Status:  In Good Standing           Licensed:  31 Years
CONTACT
210 Landmark Drive, Merna, IL 61761
Profile LAWPOINTS™24/100
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Lawyer.com can help you easily and quickly find Cooksville Bankruptcy & Debt Lawyers and Cooksville Bankruptcy & Debt Law Firms. Refine your search by specific Bankruptcy & Debt practice areas such as Bankruptcy, Collection, Credit & Debt, Reorganization and Workout matters.

LEGAL TERMS

CHAPTER 7 BANKRUPTCY

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 b... (more...)
The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 bankruptcy takes from three to six months, costs about $200, and commonly requires only one trip to the courthouse.

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.

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.

TRADE NAME

The official name of a business, the one it uses on its letterhead and bank account when not dealing with consumers.

COLLATERAL

Property that guarantees payment of a secured debt.

PREFERENCE

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commer... (more...)
A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commercial creditors) and within one year for insider creditors (friends, family members, and business associates). Because a preference gives the creditor who received the payment an edge over other creditors in the bankruptcy case, the trustee can recover the preference (the amount of the payment) and distribute it among all of the creditors.

MEANS TEST

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income ... (more...)
A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income for his or her state should be allowed to file for Chapter 7 bankruptcy.

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.

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.

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