Illinois Bankruptcy & Debt Lawyer List, page 8

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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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2. Email
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Jonathan A. Backman

Dispute Resolution, Banking & Finance, Antitrust, Bankruptcy

Status: Licensed: 38 Years

CONTACT

117 N Center St, Bloomington, IL 61701

Steven A. Wade

Condominiums, Mass Torts, Collection, Bankruptcy, Defamation & Slander

Status: Licensed: 31 Years

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161 N Clark St, Chicago, IL 60601

Steven B. Chaiken

Corporate, Reorganization, Bankruptcy, Bankruptcy & Debt, Litigation

Status: Licensed: 26 Years

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53 W Jackson Blvd, Chicago, IL 60604

Howard L. Adelman

Litigation, Corporate, Business Organization, Bankruptcy

Status: Licensed: 48 Years

CONTACT

53 West Jackson Boulevard, Chicago, IL 60604

Xiaoming Wu

Bankruptcy

Status:

FREE CONSULTATION

CONTACT

200 South Michigan Avenue, Chicago, IL 60604

Emmet A. Fairfield

Corporate, Banking & Finance, Bankruptcy Litigation, Bankruptcy

Status: Licensed: 44 Years

CONTACT

205 S Fifth St, Springfield, IL 62705

Brian L Heise

Adoption, Elder Law, Contract, Consumer Bankruptcy

Status: Licensed: 48 Years

CONTACT

1300 South Grove, Barrington, IL 60010

Terry Ivan Bruckert

Banking & Finance, Bankruptcy, Corporate, Business Organization, Litigation

Status: Licensed: 32 Years

CONTACT

1002 E Wesley Dr, Belleville, IL 62269

Curtis Eric Edlund

Adoption, Corporate, Business Organization, Bankruptcy

Status: Licensed: 48 Years

CONTACT

2403 Harnish Dr, Barrington, IL 60102

Lynne M. Binkele

Estate Planning, Adoption, Elder Law, Collection

Status: Licensed: 29 Years

CONTACT

101 Ne Randolph Ave, Peoria, IL 61606

800-814-6700

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Lawyer.com can help you easily and quickly find Illinois Bankruptcy & Debt Lawyers and Illinois Bankruptcy & Debt Law Firms. Find Bankruptcy & Debt attorneys by major city or select a city from the list of all Illinois cities. Alternatively you can search for Bankruptcy & Debt attorneys for all Illinois cities or search by county. You may also also find it useful to refine your search by specific Bankruptcy & Debt practice areas such as Bankruptcy, Collection, Credit & Debt, Reorganization and Workout matters.

LEGAL TERMS

SOLE PROPRIETORSHIP

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, m... (more...)

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, meaning that business profits are reported and taxed on the owner's personal tax return. Setting up a sole proprietorship is cheap and easy since no legal formation documents need be filed with any governmental agency (although tax registration and other permit and license requirements may still apply). Once you file a fictitious name statement (assuming you don't use your own name) and obtain any required basic tax permits and business licenses, you'll be in business. The main downside of a sole proprietorship is that its owner is personally liable for all business debts.

GARNISHMENT

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if ... (more...)

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if she loses a lawsuit filed by the creditor. Up to 25% of a person's wages can be deducted.

FCBA

See Fair Credit Billing 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.

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.

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.

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.

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.

FAIR CREDIT REPORTING ACT (FCRA)

A federal law that is designed to prevent inaccurate or obsolete information from entering or remaining in a credit report. The law requires credit bureaus to a... (more...)

A federal law that is designed to prevent inaccurate or obsolete information from entering or remaining in a credit report. The law requires credit bureaus to adopt reasonable procedures for gathering, maintaining and disseminating information and bars credit bureaus from reporting negative information that is older than seven years, except a bankruptcy, which may be reported for ten. If you notify a credit bureau of an error in your credit report, the FCRA requires the bureau to investigate your allegations within 30 days, review all information you provide, remove inaccurate and unverified information and adopt procedures to keep the information from reappearing. In addition, the law requires that creditors refrain from reporting incorrect information to credit bureaus.

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Illinois Bankruptcy & Debt Lawyer List, page 8

Sponsored Law Firm

PMJ PLLC

SPONSORED LAWYERS

Jonathan A. Backman

Steven A. Wade

Steven B. Chaiken

Howard L. Adelman

Xiaoming Wu

Emmet A. Fairfield

Brian L Heise

Terry Ivan Bruckert

Curtis Eric Edlund

Lynne M. Binkele

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LEGAL TERMS

SOLE PROPRIETORSHIP

GARNISHMENT

FCBA

SUBROGATION

FRAUDULENT TRANSFER

FAIR DEBT COLLECTIONS & PRACTICES ACT (FDCPA)

LIMITED LIABILITY

FRATERNAL BENEFIT SOCIETY BENEFITS

FAIR CREDIT REPORTING ACT (FCRA)

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