Dundas Bankruptcy & Debt Lawyer, Illinois

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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
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Jon Racklin

Estate Planning, Criminal, Business & Trade, Bankruptcy

Status: Licensed: 21 Years

CONTACT

414 E York St, Olney, IL 62450

Bartley Zuber

Litigation, Divorce & Family Law, Criminal, Collection, Real Estate

Status: Licensed: 25 Years

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117 S Kitchell Ave, Olney, IL 62450

Joseph P Wallace

General Practice

Status: Licensed: 29 Years

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117 South Kitchell Ave, Olney, IL 62450

Chelsey C. Hurn

Traffic, Estate Planning, Criminal, Bankruptcy

Status: Licensed: 14 Years

CONTACT

305 E Main St, Olney, IL 62450

Chelsey Clark

Divorce & Family Law, Criminal, Bankruptcy, Estate Planning

Status: Licensed: 14 Years

CONTACT

305 E. Main St., Olney, IL 62450

Nancy Ellen Dryden

Bankruptcy & Debt

Status: Licensed: 41 Years

CONTACT

801 W Jourdan St, Newton, IL 62448

James Dudley Stout

Federal Appellate Practice, Estate Planning, Civil Rights, Collection

Status:

CONTACT

Bridgeport, IL 62417

Lindsey Diane Waldrop

Estate Planning, Divorce, Elder Law, Collection

Status: Licensed: 22 Years

CONTACT

324 N Main St, Bridgeport, IL 62417

William Heap

Litigation, Estate Planning, Civil Rights, Collection

Status:

CONTACT

Robinson, IL 62454

Kevin Earl Sanders

Collection

Status: Licensed: 35 Years

CONTACT

103 W Elm St, Robinson, IL 62454

800-814-6700

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LEGAL TERMS

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.

CREDITOR

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

FDCPA

See Fair Debt Collections & Practices Act.

SUBROGATION

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off i... (more...)

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off its injured claimant takes the legal rights the claimant has against a third party that caused the injury, and sues that third party.

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.

NO-FAULT INSURANCE

Car insurance laws that require the insurance companies of each person in an accident to pay for medical bills and lost wages of their insured, up to a certain ... (more...)

Car insurance laws that require the insurance companies of each person in an accident to pay for medical bills and lost wages of their insured, up to a certain amount, regardless of who was at fault. The effect of no-fault insurance laws is to eliminate lawsuits in small accidents. The advantage is the prompt payment of medical bills and expenses. The downsides are that the amounts paid by no-fault policies are often not enough to fully cover a person's losses and that no-fault does not compensate for pain and suffering.

LIMITED LIABILITY

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or ... (more...)

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or a person who invests in a corporation (a shareholder) generally stands to lose only the amount of money invested in the business. This means that if the business folds, creditors cannot seize or sell an owner's home, car, or other personal assets.

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.

REDEMPTION

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump s... (more...)

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump sum. For example, a debtor may redeem a car note by paying the lender the amount a retail vendor would charge for the car, considering its age and condition.

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Dundas Bankruptcy & Debt Lawyer, Illinois

Sponsored Law Firm

PMJ PLLC

SPONSORED LAWYERS

Jon Racklin

Bartley Zuber

Joseph P Wallace

Chelsey C. Hurn

Chelsey Clark

Nancy Ellen Dryden

James Dudley Stout

Lindsey Diane Waldrop

William Heap

Kevin Earl Sanders

TIPS

LEGAL TERMS

C CORPORATION

CREDITOR

FDCPA

SUBROGATION

LIABILITY

NO-FAULT INSURANCE

LIMITED LIABILITY

HOUSEHOLDER

REDEMPTION

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