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John Lynch
About | Practice Areas
Lynch Law, LLC
300 E 5th Ave Suite 360 Naperville, IL 60563» view map
Bankruptcy & Debt Law
A Family Approach To Law

Legal matters should only be dealt with by people you trust. Who can you rely on more than people who treat you like family? Trust us to help you today.

800-952-9511
1. John Lynch Naperville, IL
  Attorney at Law- IL, 1998
  Shepard Broad Law Center, J.D. 1998
2. AboutLynch Law, LLC
  A Family Approach To Law
3. Practice AreasExpertise
  Bankruptcy & Debt Law
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Thomas William Grant

Tax, Child Custody, Adoption, Collection

Status: In Good Standing Licensed: 54 Years

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200 Hillcrest Ave, Yorkville, IL 60560

Michael W. Huseman

Bankruptcy & Debt, Litigation, Personal Injury, Landlord-Tenant, Condominiums

Status: In Good Standing

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1999 West Downer Place, Aurora, IL 60506

Jonathan Blake Shanower

Landlord-Tenant, Litigation, Civil Rights, Collection

Status: In Good Standing

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1999 W. Downer Place, Aurora, IL 60506

Thomas St. Jules

Family Law, Criminal, Collection, Personal Injury

Status: In Good Standing

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1999 West Downer Place, Aurora, IL 60506

James Charles James

Motor Vehicle, Divorce, Collection, Car Accident

Status: In Good Standing Licensed: 41 Years

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1961 W Downer Pl, Aurora, IL 60506

James James

Other, Civil Rights, Banking & Finance, Collection

Status: In Good Standing Licensed: 41 Years

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1961 W Downer Pl, Aurora, IL 60506

Bonnie Lee Kunkel

Family Law, Divorce, Divorce & Family Law, Bankruptcy

Status: In Good Standing Licensed: 43 Years

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1527 Prairie St, Aurora, IL 60506

Bonnie Kunkel

Family Law, Divorce, Divorce & Family Law, Bankruptcy

Status: In Good Standing Licensed: 43 Years

CONTACT

1527 Prairie St, Aurora, IL 60506

Adam Richard Wirtz

Personal Injury, Criminal, Divorce & Family Law, Collection

Status: In Good Standing

CONTACT

1999 W. Downer Place, Aurora, IL 60506

Adam Wirtz

Divorce & Family Law, Criminal, Personal Injury, Collection

Status: In Good Standing

CONTACT

1999 W. Downer Place, Aurora, IL 60506

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LEGAL TERMS

CHAPTER 13 BANKRUPTCY

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your inc... (more...)

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your income to pay all or a portion of the debts over three to five years. The minimum amount you must pay is roughly equal to the value of your nonexempt property. In addition, you must pledge your disposable net income -- after subtracting reasonable expenses -- for the period during which you are making payments. At the end of the three-to five-year period, the balance of what you owe on most debts is erased.

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemp... (more...)

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemptible because it has been damaged or destroyed.

CREDITOR

A person or entity (such as a bank) to whom a debt is owed.

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.

FAIR DEBT COLLECTIONS & PRACTICES ACT (FDCPA)

A federal law that outlaws unfair debt collection practices, including lying, harassing, misleading and otherwise abusing debtors, by debt collectors working fo... (more...)

A federal law that outlaws unfair debt collection practices, including lying, harassing, misleading and otherwise abusing debtors, by debt collectors working for collection agencies. The law does not apply to creditors collecting their own debts. This law has greatly improved conditions for debtors, although more than a few debt collectors ignore the law. If a collection agency violates the law, debtors can contact the Federal Trade Commission for help.

FCRA

See Fair Credit Reporting Act.

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

A national non-profit agency that, at no cost, helps debtors plan budgets and repay their debts. One major criticism of CCCS is that each office is primarily fu... (more...)

A national non-profit agency that, at no cost, helps debtors plan budgets and repay their debts. One major criticism of CCCS is that each office is primarily funded by voluntary donations from the creditors that receive payments from debtors repaying their debts through that office. Despite this criticism, most CCCS counselors provide clients with thorough and neutral advice.

LIQUIDATING PARTNER

The member of an insolvent or dissolving partnership responsible for paying the debts and settling the accounts of the partnership.

NONEXEMPT PROPERTY

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typicall... (more...)

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typically includes valuable clothing (furs) and electronic equipment, an expensive car that's been paid off and most of the equity in your house. Compare exempt property.

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Plano Bankruptcy & Debt Lawyer, Illinois

Sponsored Law Firm

Lynch Law, LLC

SPONSORED LAWYERS

Thomas William Grant

Michael W. Huseman

Jonathan Blake Shanower

Thomas St. Jules

James Charles James

James James

Bonnie Lee Kunkel

Bonnie Kunkel

Adam Richard Wirtz

Adam Wirtz

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LEGAL TERMS

CHAPTER 13 BANKRUPTCY

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

CREDITOR

LIMITED PARTNERSHIP

FAIR DEBT COLLECTIONS & PRACTICES ACT (FDCPA)

FCRA

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

LIQUIDATING PARTNER

NONEXEMPT PROPERTY

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