Itasca Bankruptcy & Debt Lawyer, Illinois

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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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Kristine M. Kolky

Corporate, Banking & Finance, Bankruptcy Litigation, Bankruptcy

Status: In Good Standing

FREE CONSULTATION

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One Pierce Place, Itasca, IL 60143

Nicholas V. Dizonno

Banking & Finance, Bankruptcy, Bankruptcy Litigation, Corporate

Status: In Good Standing

FREE CONSULTATION

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One Pierce Place, Itasca, IL 60143

Richard E. Sexner

Criminal, Bankruptcy, Bankruptcy & Debt, Bankruptcy & Debt

Status: In Good Standing

FREE CONSULTATION

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579 W North Avenue, Elmhurst, IL 60126

Richard Doerr

Traffic, DUI-DWI, Bankruptcy, Personal Injury

Status: In Good Standing

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134 North Bloomingdale Road, Bloomingdale, IL 60108

Richard Frederick Doerr

Traffic, DUI-DWI, Bankruptcy, Personal Injury

Status: In Good Standing

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4206 Prestwick Ct, Saint Charles, IL 60174

Michael T. Nigro

Commercial Real Estate, Transactions, Business, Collection

Status: In Good Standing

CONTACT

1 Tiffany Pointe, Bloomingdale, IL 60108

Mark Gryska

Landlord-Tenant, Workers' Compensation, Collection, Personal Injury

Status: In Good Standing Licensed: 40 Years

CONTACT

1 Tiffany Pt, Bloomingdale, IL 60108

Mark Eugene Gryska

Landlord-Tenant, Workers' Compensation, Collection, Personal Injury

Status: In Good Standing Licensed: 40 Years

CONTACT

1 Tiffany Pt, Bloomingdale, IL 60108

Robert Honig

Real Estate, Estate, Bankruptcy & Debt

Status: In Good Standing Licensed: 32 Years

CONTACT

116 S. York St, Elmhurst, IL 60126

Daniel Lawrence Giudice

Divorce, DUI-DWI, Civil Rights, Collection

Status: In Good Standing

CONTACT

201 North Church Road, Bensenville, IL 60106

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LEGAL TERMS

ABUSE

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because ... (more...)

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because the debtor appears to have enough disposable income to fund a Chapter 13 repayment plan.

NONDISCHARGEABLE DEBTS

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chap... (more...)

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chapter 13 bankruptcy, the nondischargeable debts will have to be paid in full during your plan or you will have a balance at the end of your case. Examples of nondischargeable debts include alimony and child support, most income tax debts, many student loans and debts for personal injury or death caused by drunk driving. Compare dischargeable debts.

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.

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.

CREDIT REPORT

An account of your credit history, prepared by a credit bureau. A credit report will contain both credit history, such as what you owe to whom and whether you m... (more...)

An account of your credit history, prepared by a credit bureau. A credit report will contain both credit history, such as what you owe to whom and whether you make the payments on time, as well as personal history, such as your former addresses, employment record and lawsuits in which you have been involved. An estimated 50% of all credit reports contain errors, such as accounts that don't belong to you, an incorrect account status or information reported that is older than seven years (ten years in the case of a bankruptcy).

DEFINED CONTRIBUTION PLAN

A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount ... (more...)

A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount every month, or every year, for each employee. The employer usually pays a fixed percentage of an employee's wages or salary, although sometimes the amount is a fraction of the company's profits, with the size of each employee's pension share depending on the amount of wage or salary. Upon retirement, each employee's pension is determined by how much was contributed to the fund on behalf of that employee over the years, plus whatever earnings that money has accumulated as part of the investments of the entire pension fund.

BANKRUPTCY

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are ... (more...)

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are two types of bankruptcies -- liquidation, in which your debts are wiped out (discharged) and reorganization, in which you provide the court with a plan for how you intend to repay your debts. For both consumers and business, liquidation bankruptcy is called Chapter 7. For consumers, reorganization bankruptcy is called Chapter 13. Reorganization bankruptcy for consumers with an extraordinary amount of debt and for businesses is called Chapter 11. Reorganization bankruptcy for family farmers is called Chapter 12.

Itasca Bankruptcy & Debt Lawyer, Illinois

Sponsored Law Firm

Lynch Law, LLC

SPONSORED LAWYERS

Kristine M. Kolky

Nicholas V. Dizonno

Richard E. Sexner

Richard Doerr

Richard Frederick Doerr

Michael T. Nigro

Mark Gryska

Mark Eugene Gryska

Robert Honig

Daniel Lawrence Giudice

TIPS

LEGAL TERMS

ABUSE

NONDISCHARGEABLE DEBTS

MEETING OF CREDITORS

FAIR DEBT COLLECTIONS & PRACTICES ACT (FDCPA)

CREDIT REPORT

DEFINED CONTRIBUTION PLAN

BANKRUPTCY

FCBA

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