Deerfield Bankruptcy & Debt Lawyer, Illinois, page 4

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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
3. Refer
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7. Profile

Glen Neuman

Litigation, Business, Collection, Bankruptcy

Status: Licensed: 47 Years

CONTACT

2549 Anne Ln, Northbrook, IL 60062

Alex Pirogovsky

Litigation, Collection, Divorce, Business

Status: Licensed: 27 Years

CONTACT

3000 Dundee Road, Northbrook, IL 60062

James Krasny

Litigation, Collection, Bankruptcy

Status: Licensed: 49 Years

CONTACT

740 Constance Lane, Deerfield, IL 60015

Nickolas Schad

Bankruptcy, Civil Rights

Status: Licensed: 18 Years

CONTACT

2121 Waukegan Road, Deerfield, IL 60015

Thomas Belczak

Bankruptcy, Transactions, Commercial Real Estate, Commercial Real Estate

Status: Licensed: 39 Years

CONTACT

2121 Waukegan Road, Deerfield, IL 60015

Michael N. Burke

Bankruptcy

Status: Licensed: 18 Years

CONTACT

2121 Waukegan Rd, Deerfield, IL 60015

David Bohrer

DUI-DWI, Civil Rights, Collection, Personal Injury

Status: Licensed: 40 Years

CONTACT

900 Skokie Blvd, Northbrook, IL 60062

Scott Hillison

Collection, Bankruptcy

Status: Licensed: 17 Years

CONTACT

707 Lake Cook Road, Deerfield, IL 60015

Steven Brody

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

Status:

CONTACT

175 E. Olde Half Day Road, Lincolnshire, IL 60069

Toni Alana Miller

Real Estate, Collection

Status: Licensed: 20 Years

CONTACT

661 Glenn Avenue, Wheeling, IL 60090

800-814-6700

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LEGAL TERMS

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.

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).

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.

FRAUDULENT TRANSFER

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee --... (more...)

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee -- for instance, when a debtor signs a car over to a relative to keep it out of the bankruptcy estate. Fraudulently transferred property can be recovered and sold by the trustee for the benefit of the creditors.

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.

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.

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.

FDCPA

See Fair Debt Collections & Practices Act.

IRS EXPENSES

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income mu... (more...)

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income must use the IRS expenses to calculate their average net income in a Chapter 7 case, or their disposable income in a Chapter 13 case.

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Deerfield Bankruptcy & Debt Lawyer, Illinois, page 4

Sponsored Law Firm

PMJ PLLC

SPONSORED LAWYERS

Glen Neuman

Alex Pirogovsky

James Krasny

Nickolas Schad

Thomas Belczak

Michael N. Burke

David Bohrer

Scott Hillison

Steven Brody

Toni Alana Miller

TIPS

LEGAL TERMS

WINDING UP

LIEN

GUARANTEED RESERVATION

FRAUDULENT TRANSFER

LIABILITY

MEETING OF CREDITORS

MEANS TEST

FDCPA

IRS EXPENSES

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