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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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Gary K. Davidson

Commercial Real Estate, Construction, Criminal, Collection, Government Agencies

Status: Licensed: 26 Years

CONTACT

58 E Clinton St, Crest Hill, IL 60432

John M. Galich

Litigation, Lawsuit & Dispute, Transactions, Collection

Status: Licensed: 37 Years

CONTACT

10075 W Lincoln Hwy, Frankfort, IL 60423

Barbara Dutton

Collection, Bankruptcy

Status: Licensed: 41 Years

CONTACT

10325 W Lincoln Hwy, Frankfort, IL 60423

William Dutton

Collection, Bankruptcy

Status: Licensed: 27 Years

CONTACT

10325 W Lincoln Hwy, Frankfort, IL 60423

Dennis Porick

Collection

Status: Licensed: 43 Years

CONTACT

63 W Jefferson St, Joliet, IL 60432

Gerard Fosco

Health Care Other, Collection, Products Liability, Personal Injury, Medical Malpractice

Status: Licensed: 41 Years

CONTACT

20 W. Cass Street, Joliet, IL 60432

Samantha L. Sweeney

Divorce & Family Law, Estate, Real Estate, Collection

Status: Licensed: 15 Years

CONTACT

33 N. Main St., Manteno, IL 60950

800-814-6700

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LEGAL TERMS

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.

FDCPA

See Fair Debt Collections & Practices Act.

LIQUIDATING PARTNER

The member of an insolvent or dissolving partnership responsible for paying the debts and settling the accounts of the partnership.

401(K) PLAN

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income ... (more...)

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income taxes on the amount invested and any earnings are due until the employee withdraws money from the fund.

ADMINISTRATIVE EXPENSES

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Admi... (more...)

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Administrative costs are typically 10% of the debtor's total payments under the plan.

COSIGNER

A person who signs his or her name to a loan agreement, lease or credit application. If the primary debtor does not pay, the cosigner is fully responsible for t... (more...)

A person who signs his or her name to a loan agreement, lease or credit application. If the primary debtor does not pay, the cosigner is fully responsible for the loan or debt. Many people use cosigners to qualify for a loan or credit card. Landlords may require a cosigner when renting to a student or someone with a poor credit history.

CREDIT BUREAU

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit... (more...)

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit card companies that use the information to screen applicants for loans and credit cards. There are three major credit bureaus, Equifax, Experian and Trans Union, and they are regulated by the federal Fair Credit Reporting Act.

BANKRUPTCY TRUSTEE

A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is t... (more...)

A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is to gather the debtor's nonexempt property, liquidate it and distribute it proportionally to her creditors. In a Chapter 13 case, the trustee's role is to receive the debtor's monthly payments and distribute them proportionally to her creditors.

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.

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Manhattan Collection Lawyer, Illinois

Sponsored Law Firm

Lynch Law, LLC

SPONSORED LAWYERS

Gary K. Davidson

John M. Galich

Barbara Dutton

William Dutton

Dennis Porick

Gerard Fosco

Samantha L. Sweeney

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LEGAL TERMS

BANKRUPTCY

FDCPA

LIQUIDATING PARTNER

401(K) PLAN

ADMINISTRATIVE EXPENSES

COSIGNER

CREDIT BUREAU

BANKRUPTCY TRUSTEE

HOUSEHOLDER

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