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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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C. David Ward

Bankruptcy

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FREE CONSULTATION

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2756 Route 34, Oswego, IL 60543

Thomas William Grant

Tax, Child Custody, Adoption, Collection

Status: Licensed: 55 Years

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200 Hillcrest Ave, Yorkville, IL 60560

Michael W. Huseman

Bankruptcy & Debt, Litigation, Personal Injury, Landlord-Tenant, Condominiums

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1999 West Downer Place, Aurora, IL 60506

Charles David Ward

Landlord-Tenant, Child Custody, Misdemeanor, Bankruptcy

Status: Licensed: 51 Years

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1234 Douglas Road, Oswego, IL 60543

Jonathan Blake Shanower

Landlord-Tenant, Litigation, Civil Rights, Collection

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CONTACT

1999 W. Downer Place, Aurora, IL 60506

James James

Other, Civil Rights, Banking & Finance, Collection, Motor Vehicle

Status: Licensed: 42 Years

CONTACT

1961 W Downer Pl, Aurora, IL 60506

Bonnie Kunkel

Family Law, Divorce, Divorce & Family Law, Bankruptcy

Status: Licensed: 44 Years

CONTACT

1527 Prairie St, Aurora, IL 60506

Adam Wirtz

Divorce & Family Law, Criminal, Personal Injury, Collection

Status:

CONTACT

1999 W. Downer Place, Aurora, IL 60506

Brian David Johnson

Social Security, Bankruptcy

Status: Licensed: 18 Years

CONTACT

1802 N Division St, Morris, IL 60450

Linda Marie Holzrichter

Estate Planning, Family Law, Divorce & Family Law, Bankruptcy

Status: Licensed: 34 Years

CONTACT

16 S Locust St, Aurora, IL 60506

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LEGAL TERMS

ACCORD AND SATISFACTION

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collectin... (more...)

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collecting as much money as they can from debtors who cannot pay the full amount.

CREDITOR

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

IRS EXPENSES

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income mu... (more...)

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income must use the IRS expenses to calculate their average net income in a Chapter 7 case, or their disposable income in a Chapter 13 case.

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.

DISCHARGE (OF DEBTS)

A bankruptcy court's erasure of the debts of a person or business that has filed for bankruptcy.

GENERAL PARTNER

A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners), is personally liable for all the... (more...)

A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners), is personally liable for all the business's debts and obligations. A general partner's actions can legally bind the entire business. See also partnership, limited partnership.

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.

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).

PRIORITY DEBT

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13... (more...)

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13 bankruptcy. Priority debts include alimony and child support, fees owed to the trustee and the attorney in the bankruptcy case, and wages owed to employees.

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Millbrook Bankruptcy & Debt Lawyer, Illinois

Sponsored Law Firm

Lynch Law, LLC

SPONSORED LAWYERS

C. David Ward

Thomas William Grant

Michael W. Huseman

Charles David Ward

Jonathan Blake Shanower

James James

Bonnie Kunkel

Adam Wirtz

Brian David Johnson

Linda Marie Holzrichter

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LEGAL TERMS

ACCORD AND SATISFACTION

CREDITOR

IRS EXPENSES

ABUSE

DISCHARGE (OF DEBTS)

GENERAL PARTNER

LIMITED LIABILITY

CREDIT REPORT

PRIORITY DEBT

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