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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
1. Contact
2. Email
3. Refer
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Includes: Bankruptcy Litigation, Commercial Bankruptcy, Consumer Bankruptcy, Dissolution

Clarence Ruddy

Litigation, Family Law, Divorce, Bankruptcy

Status: Licensed: 48 Years

CONTACT

2631 Ginger Woods Pkwy, Aurora, IL 60502

Courtney Bonstrom

Immigration, Bankruptcy, Estate Planning, Social Security

Status: Licensed: 17 Years

CONTACT

1745 S. Naperville Road, Wheaton, IL 60189

Elizabeth Anne Bates Lehman

Litigation, Estate Planning, Credit & Debt, Bankruptcy

Status: Licensed: 43 Years

CONTACT

300 S County Farm Rd, Wheaton, IL 60187

Arthur Rummler

Real Estate, Lawsuit & Dispute, Bankruptcy, Bankruptcy & Debt

Status: Licensed: 34 Years

CONTACT

799 Roosevelt Rd, Glen Ellyn, IL 60137

James Mullally

Estate Planning, Civil Rights, Business, Bankruptcy

Status: Licensed: 43 Years

CONTACT

29 W 204 Roosevelt Road, West Chicago, IL 60185

Daniel Roger Mintz

Traffic, Family Law, DUI-DWI, Bankruptcy

Status: Licensed: 47 Years

CONTACT

67 E Downer Pl, Aurora, IL 60505

Marc Wagman

Bankruptcy

Status: Licensed: 21 Years

CONTACT

2135 City Gate Lane, Naperville, IL 60563

Steve Cole

Traffic, Divorce & Family Law, Transactions, Bankruptcy

Status: Licensed: 33 Years

CONTACT

3257 Drew Street, Downers Grove, IL 60515

Robert Francis Lyons

Divorce & Family Law, Criminal, Bankruptcy, Transactions

Status: Licensed: 38 Years

CONTACT

503 North County Farm Road, Wheaton, IL 60187

Glenn Mctavish

Divorce & Family Law, Bankruptcy, Estate Planning

Status: Licensed: 48 Years

CONTACT

105 E. Galena Blvd, Aurora, IL 60505

800-814-6700

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LEGAL TERMS

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.

COLLATERAL

Property that guarantees payment of a secured debt.

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.

TRUTH IN LENDING ACT (TILA)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disc... (more...)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disclose the terms of a loan, including the total amount of the loan, the annual interest rate and the number, amount and due dates of all payments necessary to repay the loan. The TILA requires additional disclosures and places many restrictions on mortgages.

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.

NONEXEMPT PROPERTY

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typicall... (more...)

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typically includes valuable clothing (furs) and electronic equipment, an expensive car that's been paid off and most of the equity in your house. Compare exempt property.

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.

FAIR LABOR STANDARDS ACT (FLSA)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements ... (more...)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements for overtime and places restrictions on child labor.

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.

SAMPLE LEGAL CASES

Economy Fire & Cas. Co. v. Brumfield

... Appellees and Cross-Appellants, v. Hollis L. BRUMFIELD, Defendant and Counterplaintiff- Appellant and Cross-Appellee, and Michael J. Drewes; Constance Drewes; Beau Drewes; Zachary Fitzpatrick; Dan Fitzpatrick; Cindy Fitzpatrick; Steve Miller, Trustee in Bankruptcy for the ...

Seip v. Rogers Raw Materials Fund, LP

... Upon learning this, Beeland immediately sought to have the assets transferred either to Refco, LLC, or back to the original brokerage accounts. D. Refco Bankruptcy and the Special Redemption Letter. ... (2006)). Refco, LLC, filed for bankruptcy as well in November 2005. ...

Giannini v. Kumho Tire USA, Inc.

... While there are no Illinois cases addressing the stay granted in Rule 306, Garbe Iron Works held that the two-year statute of limitations for filing a mechanics' lien foreclosure was tolled by the automatic stay provision contained in the Federal Bankruptcy Act (11 USC Â§ 362(a)(1 ...

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Naperville Bankruptcy Lawyer, Illinois, page 5

Sponsored Law Firm

Lynch Law, LLC

SPONSORED LAWYERS

Clarence Ruddy

Courtney Bonstrom

Elizabeth Anne Bates Lehman

Arthur Rummler

James Mullally

Daniel Roger Mintz

Marc Wagman

Steve Cole

Robert Francis Lyons

Glenn Mctavish

TIPS

LEGAL TERMS

ADMINISTRATIVE EXPENSES

COLLATERAL

FRATERNAL BENEFIT SOCIETY BENEFITS

TRUTH IN LENDING ACT (TILA)

COSIGNER

NONEXEMPT PROPERTY

LIMITED PARTNERSHIP

FAIR LABOR STANDARDS ACT (FLSA)

401(K) PLAN

SAMPLE LEGAL CASES

Economy Fire & Cas. Co. v. Brumfield

Seip v. Rogers Raw Materials Fund, LP

Giannini v. Kumho Tire USA, Inc.

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