Elwood Bankruptcy & Debt Lawyer, Illinois

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Ronald D. Cummings

Real Estate, Bankruptcy, Bankruptcy & Debt
Status:  In Good Standing           

FREE CONSULTATION 

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Patrick A Meszaros

Real Estate, Bankruptcy, Bankruptcy & Debt, Accident & Injury
Status:  In Good Standing           Licensed:  28 Years

Sara Joanna Gray

Bankruptcy & Debt, Criminal, Traffic, Bankruptcy, Accident & Injury
Status:  In Good Standing           Licensed:  25 Years

David Siegel

Bankruptcy & Debt, Bankruptcy, Divorce & Family Law, Divorce
Status:  In Good Standing           

FREE CONSULTATION 

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Stuart Handelman

Employment Discrimination, Bankruptcy, Bankruptcy & Debt, Personal Injury
Status:  In Good Standing           

Charles Robert Wolf

Wills & Probate, Estate Planning, Transactions, Bankruptcy
Status:  In Good Standing           Licensed:  25 Years

Gary K. Davidson

Commercial Real Estate, Government Agencies, Business Organization, Collection
Status:  In Good Standing           Licensed:  26 Years

John C. Renzi

Power of Attorney, Foreclosure, Health Care, Trusts, Bankruptcy & Debt
Status:  In Good Standing           

Firas Abunada

Divorce & Family Law, Bankruptcy, Traffic, Foreclosure, Divorce
Status:  In Good Standing           

George Mccarter Stuhr

Divorce & Family Law, Criminal, Transactions, Bankruptcy
Status:  In Good Standing           Licensed:  41 Years

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

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Call me for fastest results!
800-943-8690

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By submitting this lawyer request, I confirm I have read and agree to the Consent to Receive Messages from all messaging and voice technologies including Email, Text, Phone, Terms of Use, and Privacy Policy. Information provided is not privileged or confidential.

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LEGAL TERMS

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.

DEBIT CARD

A card issued by a bank that combines the functions of an ATM card and checks. A debit card can be used to withdraw cash at a bank like an ATM card, and it can ... (more...)
A card issued by a bank that combines the functions of an ATM card and checks. A debit card can be used to withdraw cash at a bank like an ATM card, and it can also be used at stores to pay for goods and services in place of a check. Unlike a credit card, a debit card automatically withdraws money from your checking account at the time of the transaction. Debit cards are regulated by the Electronic Funds Transfer Act.

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.

COLLATERAL

Property that guarantees payment of a secured debt.

HOUSEHOLDER

A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a ho... (more...)
A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a homestead exemption and possibly other exemptions relating to the maintenance of the household.

FDCPA

See Fair Debt Collections & Practices Act.

AUTOMATIC STAY

An injunction automatically issued by the bankruptcy court when a debtor files for bankruptcy. The automatic stay prohibits most creditor collection activities,... (more...)
An injunction automatically issued by the bankruptcy court when a debtor files for bankruptcy. The automatic stay prohibits most creditor collection activities, such as filing or continuing lawsuits, making written requests for payment, or notifying credit reporting bureaus of an unpaid debt.

CCCS

See Consumer Credit Counseling Service.

WINDING UP

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, a... (more...)
The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, all with the ultimate goal of liquidating or closing down a corporation or partnership.