Plainfield Bankruptcy & Debt Lawyer, Illinois, page 2

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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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Mark Bernachea

Tax, Employment, Bankruptcy

Status: Licensed: 11 Years

CONTACT

2424 Plainfield Road, Crest Hill, IL 60403

Timothy A. Clark

Litigation, Divorce & Family Law, Civil Rights, Bankruptcy

Status: Licensed: 120 Years

CONTACT

3180 Theodore St, Joliet, IL 60435

Mazyar Hedayat

Litigation, Estate Planning, Family Law, Bankruptcy

Status:

CONTACT

1211 W Lakeview Ct, Romeoville, IL 60446

Ashley Tobie

Commercial Real Estate, Wills, Estate Planning, Bankruptcy

Status: Licensed: 15 Years

CONTACT

3290 Executive Dr, Joliet, IL 60431

Megan Marie Olson

Family Law, Divorce & Family Law, Bankruptcy

Status: Licensed: 12 Years

CONTACT

2801 Black Rd, Crest Hill, IL 60435

George Mccarter Stuhr

Divorce & Family Law, Criminal, Transactions, Bankruptcy

Status: Licensed: 42 Years

CONTACT

708 Haven Ln, Joliet, IL 60435

Adriana Lara

Bankruptcy

Status: Licensed: 18 Years

CONTACT

2310 Birchwood Lane, Joliet, IL 60435

Michelle Mchugh Rowe

Real Estate, Divorce & Family Law, Transactions, Bankruptcy

Status: Licensed: 44 Years

CONTACT

101 Grove St, Shorewood, IL 60404

Sara Joanna Gray

Bankruptcy & Debt, Criminal, Traffic, Bankruptcy, Accident & Injury

Status: Licensed: 25 Years

CONTACT

1429 Plainfield Road, Joliet, IL 60435

Natasha B. Makedonski

Bankruptcy & Debt

Status: Licensed: 28 Years

CONTACT

2799 Spinner Ct, Naperville, IL 60565

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LEGAL TERMS

INTEREST

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to ... (more...)

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to your balance. This means that if your loan or credit line has an interest rate of 8%, the holder adds 8% to the balance each year. More specifically, interest is calculated and added to your loan or credit line through a process called compounding. If interest is compounded daily, the balance will rise by 1/365th of 8% each day. If interest is compounded monthly, the balance will rise 1/12th of 8% at the start of each month.

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.

C CORPORATION

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S c... (more...)

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S corporation, whose profits are passed through to shareholders and taxed on their personal returns under subchapter S of the Internal Revenue Code.

COLLATERAL

Property that guarantees payment of a secured debt.

TRADE NAME

The official name of a business, the one it uses on its letterhead and bank account when not dealing with consumers.

COLLECTION AGENCY

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the d... (more...)

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the debt themselves, typically through letters (called 'dunning' letters) and telephone calls. Collection agencies are regulated by the federal Fair Debt Collection Practices Act. Unfortunately, too many collectors ignore this law.

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.

DOING BUSINESS AS (DBA)

A situation in which a business owner operates a company under a name different from his or her real name. The owner must file a 'fictitious name statement' or ... (more...)

A situation in which a business owner operates a company under a name different from his or her real name. The owner must file a 'fictitious name statement' or similar document with the appropriate agency -- for example, the county clerk. This enables consumers to discover the names of the business owners, which is important if a consumer needs to sue the business.

SECRET WARRANTY PROGRAM

A program under which a car manufacturer will make repairs for free on vehicles with persistent problems, even after the warranty has expired, in order to avoid... (more...)

A program under which a car manufacturer will make repairs for free on vehicles with persistent problems, even after the warranty has expired, in order to avoid a recall and the accompanying bad press. Secret warranties are rarely advertised by the manufacturer, so consumers must pursue the manufacturer to discover and take advantage of them. A few states require manufacturers to notify car buyers when they adopt secret warranty programs.

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Plainfield Bankruptcy & Debt Lawyer, Illinois, page 2

Sponsored Law Firm

Lynch Law, LLC

SPONSORED LAWYERS

Mark Bernachea

Timothy A. Clark

Mazyar Hedayat

Ashley Tobie

Megan Marie Olson

George Mccarter Stuhr

Adriana Lara

Michelle Mchugh Rowe

Sara Joanna Gray

Natasha B. Makedonski

TIPS

LEGAL TERMS

INTEREST

BANKRUPTCY TRUSTEE

C CORPORATION

COLLATERAL

TRADE NAME

COLLECTION AGENCY

DEFINED CONTRIBUTION PLAN

DOING BUSINESS AS (DBA)

SECRET WARRANTY PROGRAM

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