Palatine Bankruptcy 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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2. Email
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Includes: Bankruptcy Litigation, Commercial Bankruptcy, Consumer Bankruptcy, Dissolution

Howard L. Teplinsky

Dispute Resolution, Arbitration, Bankruptcy, Bankruptcy Litigation

Status:

CONTACT

750 Lake Cook Rd, Buffalo Grove, IL 60089

Karl H. Magnus

Residential Real Estate, Wills & Probate, Trusts, Consumer Bankruptcy

Status: Licensed: 27 Years

FREE CONSULTATION

CONTACT

3030 Salt Creek Ln., Arlington Heights, IL 60005

Randall Alan Wolff

Personal Injury, Car Accident, Slip & Fall Accident, Divorce & Family Law, Bankruptcy

Status: Licensed: 41 Years

FREE CONSULTATION

CONTACT

3325 N. Arlington Heights Rd 500, Arlington Heights, IL 60004

Donald J. Cosley

Child Support, DUI-DWI, Criminal, Bankruptcy

Status:

FREE CONSULTATION

CONTACT

1855 Rohlwing Road, Rolling Meadows, IL 60008

David G. Harding

Civil Rights, Transactions, Collection, Bankruptcy

Status: Licensed: 45 Years

CONTACT

Palatine, IL 60078

Joan Vasquez

Real Estate, Transactions, Bankruptcy, Bankruptcy & Debt

Status: Licensed: 37 Years

CONTACT

20063 N Rand Rd, Palatine, IL 60074

Douglas Worrell

Divorce & Family Law, Civil Rights, Business & Trade, Bankruptcy, Estate Planning

Status: Licensed: 46 Years

CONTACT

1625 W Colonial Pkwy, Palatine, IL 60067

Stephanie Olsson

Bankruptcy, Corporate, Constitutional Law, Consumer Bankruptcy, Contract

Status: Licensed: 17 Years

CONTACT

1834 Walden Office Square, Schaumburg, IL 60173

Timothy Michael Hughes

Tax, International, Civil Rights, Bankruptcy

Status: Licensed: 34 Years

CONTACT

1933 N Meacham Rd, Schaumburg, IL 60173

Brian Segel

Litigation, Divorce, Bankruptcy, Personal Injury

Status: Licensed: 20 Years

CONTACT

1827 Walden Office Square, Schaumburg, IL 60173

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LEGAL TERMS

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.

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.

FCRA

See Fair Credit Reporting Act.

TOXIC TORT

A personal injury caused by exposure to a toxic substance, such as asbestos or hazardous waste. Victims can sue for medical expenses, lost wages and pain and su... (more...)

A personal injury caused by exposure to a toxic substance, such as asbestos or hazardous waste. Victims can sue for medical expenses, lost wages and pain and suffering.

SETOFF

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a countercl... (more...)

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a counterclaim filed by a defendant in a lawsuit. Banks may try to exercise a setoff by taking money out of a deposit account to satisfy past due payments on a loan or credit card bill. Such an act is illegal under most circumstances.

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 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.

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemp... (more...)

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemptible because it has been damaged or destroyed.

REAFFIRMATION

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing deb... (more...)

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing debt after the bankruptcy case is over. For instance, a debtor might make a reaffirmation agreement with the holder of a car note that the debtor can keep the car and must continue to pay the debt after bankruptcy.

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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Palatine Bankruptcy Lawyer, Illinois

Sponsored Law Firm

Lynch Law, LLC

SPONSORED LAWYERS

Howard L. Teplinsky

Karl H. Magnus

Randall Alan Wolff

Donald J. Cosley

David G. Harding

Joan Vasquez

Douglas Worrell

Stephanie Olsson

Timothy Michael Hughes

Brian Segel

TIPS

LEGAL TERMS

SUBROGATION

MEETING OF CREDITORS

FCRA

TOXIC TORT

SETOFF

FRAUDULENT TRANSFER

FAIR LABOR STANDARDS ACT (FLSA)

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

REAFFIRMATION

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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