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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

Trisha Lynne Blake-Millar

Real Estate, Divorce & Family Law, Felony, Collection, Contract

Status: Licensed: 12 Years

CONTACT

56 N Prairie St, Galesburg, IL 61401

Stephanie Johnson

Divorce & Family Law, Adoption, Collection, Estate Planning

Status: Licensed: 30 Years

CONTACT

171 W. Lincoln Avenue, Lewistown, IL 61542

Ted G. Collins

Estate Planning, Civil Rights, Collection, Personal Injury, Divorce & Family Law

Status: Licensed: 50 Years

CONTACT

177 W Lincoln Ave, Lewistown, IL 61542

Thomas Krieg

Collection, Estate Planning, Transactions, Estate

Status: Licensed: 45 Years

CONTACT

204 East Fernwood Street, Morton, IL 61550

Barbara Tribe

Collection

Status: Licensed: 22 Years

CONTACT

824-b Derby St., Pekin, IL 61554

Matthew Stropes

Divorce & Family Law, Bankruptcy, Business & Trade, Civil Rights, Collection

Status: Licensed: 21 Years

CONTACT

334 Saint Mary Street, Pekin, IL 61554

Amira Lucia Vicari Hills

Municipal, Corporate, Banking & Finance, Collection

Status: Licensed: 15 Years

CONTACT

411 Hamilton Blvd, Peoria, IL 61602

Kevin D. Schneider

Intellectual Property, Intellectual Property, Banking & Finance, Litigation, Collection

Status: Licensed: 43 Years

CONTACT

221 Crestwood Dr, Peoria, IL 61614

Linn Perkins

Collection, Business, Bankruptcy

Status:

CONTACT

456 Fulton St, Peoria, IL 61602

Brian Frederick Johnson

Litigation, Estate Planning, Business & Trade, Collection

Status: Licensed: 20 Years

CONTACT

1112 W Cayman Cove, Peoria, IL 61615

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.

GRACE PERIOD

A period of time during which you are not required to make payments on a debt. For example, most credit cards give you a grace period of 20-30 days before you h... (more...)

A period of time during which you are not required to make payments on a debt. For example, most credit cards give you a grace period of 20-30 days before you have to pay interest on the amount of your purchases. Cash advances, however, usually have no grace period; interest begins to accumulate from the date of the withdrawal, even if you pay your bills on time. Also, some student loans give you a grace period after graduating or dropping out of school. During this time, you are not required to make payments on your loan.

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.

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.

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.

BULK SALES LAW

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to ... (more...)

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to conduct a bulk sale of business assets -- that is, get rid of an unusually large amount of inventory, merchandise or equipment -- the business owner must typically publish a notice of the sale and give written notice to creditors. Then, the owner must set up an account to hold the funds from the sale for a brief period of time during which creditors may make claims against the money. The prohibition against bulk sales is spelled out in the Uniform Commercial Code -- and laws modeled on the UCC have been generally adopted throughout the country.

CURRENT MONTHLY INCOME

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding... (more...)

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding the bankruptcy filing. The debtor's current monthly income is used to determine whether the debtor can file for Chapter 7 bankruptcy, among other things.

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.

FRATERNAL BENEFIT SOCIETY BENEFITS

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal socie... (more...)

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal societies that provide benefits. Also called benefit society, benevolent society or mutual aid association benefits. Under bankruptcy laws, these benefits are virtually always considered exempt property.

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Fairview Collection Lawyer, Illinois, page 2

Sponsored Law Firm

PMJ PLLC

SPONSORED LAWYERS

Trisha Lynne Blake-Millar

Stephanie Johnson

Ted G. Collins

Thomas Krieg

Barbara Tribe

Matthew Stropes

Amira Lucia Vicari Hills

Kevin D. Schneider

Linn Perkins

Brian Frederick Johnson

TIPS

LEGAL TERMS

C CORPORATION

GRACE PERIOD

LIMITED PARTNERSHIP

FRAUDULENT TRANSFER

NO-FAULT INSURANCE

BULK SALES LAW

CURRENT MONTHLY INCOME

DISCHARGEABLE DEBTS

FRATERNAL BENEFIT SOCIETY BENEFITS

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