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Patrick Jones
About | Practice Areas
PMJ PLLC
100 S State St Chicago, IL 60603» view map
Bankruptcy & Debt
Working Relentlessly For You

Patrick is the Founder of PMJ PLLC and has more than 20 years of experience.

800-901-4721
1. Patrick Jones Chicago, IL
  Attorney at Law- IL
  DePaul University College of Law, J.D. 1999
2. AboutPMJ PLLC
  Working Relentlessly For You
3. Practice AreasExpertise
  Bankruptcy & Debt
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Linda Marie Holzrichter

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

Status: Licensed: 34 Years

CONTACT

16 S Locust St, Aurora, IL 60506

William Patrick Drew

Commercial Real Estate, Estate Planning, Transactions, Bankruptcy

Status: Licensed: 36 Years

CONTACT

1063 E. 9Th Street, Lockport, IL 60441

Gary Shilts

Family Law, Divorce, Divorce & Family Law, Bankruptcy

Status: Licensed: 52 Years

CONTACT

Aurora, IL 60507

Anthony Karl Tomkiewicz

Traffic, Criminal, Bankruptcy, Personal Injury

Status: Licensed: 26 Years

CONTACT

15314 Dan Patch Drive, Plainfield, IL 60544

Michael W. Huseman

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

Status:

CONTACT

1999 West Downer Place, Aurora, IL 60506

Maziar Shafiei

Divorce & Family Law, Bankruptcy, Traffic

Status: Licensed: 18 Years

CONTACT

1084 Celebration Drive, Aurora, IL 60504

Bonnie Kunkel

Family Law, Divorce, Divorce & Family Law, Bankruptcy

Status: Licensed: 44 Years

CONTACT

1527 Prairie St, 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

Jonathan Blake Shanower

Landlord-Tenant, Litigation, Civil Rights, Collection

Status:

CONTACT

1999 W. Downer Place, Aurora, IL 60506

Anthony Tomkiewicz

Traffic, Criminal, Licensing, Bankruptcy, Personal Injury

Status: Licensed: 26 Years

CONTACT

58 N Chicago St, Crest Hill, IL 60432

800-814-6700

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LEGAL TERMS

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.

GARNISHMENT

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if ... (more...)

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if she loses a lawsuit filed by the creditor. Up to 25% of a person's wages can be deducted.

WINDING UP

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, a... (more...)

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, all with the ultimate goal of liquidating or closing down a corporation or partnership.

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.

NONDISCHARGEABLE DEBTS

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chap... (more...)

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chapter 13 bankruptcy, the nondischargeable debts will have to be paid in full during your plan or you will have a balance at the end of your case. Examples of nondischargeable debts include alimony and child support, most income tax debts, many student loans and debts for personal injury or death caused by drunk driving. Compare dischargeable debts.

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.

UNSECURED DEBT

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only reme... (more...)

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only remedy is to sue you and get a judgment. Compare secured debt.

S CORPORATION

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status fro... (more...)

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status from the Internal Revenue Service. Electing to do business as an S corporation lets shareholders enjoy limited liability status, as would be true of any corporation, but be taxed like a partnership or sole proprietor. That is, instead of being taxed as a separate entity (as would be the case with a regular or C corporation) an S corporation is a pass-through tax entity: income taxes are reported and paid by the shareholders, not the S corporation. To qualify as an S corporation a number of IRS rules must be met, such as a limit of 75 shareholders and citizenship requirements.

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Plainfield Bankruptcy & Debt Lawyer, Illinois, page 3

Sponsored Law Firm

PMJ PLLC

SPONSORED LAWYERS

Linda Marie Holzrichter

William Patrick Drew

Gary Shilts

Anthony Karl Tomkiewicz

Michael W. Huseman

Maziar Shafiei

Bonnie Kunkel

James James

Jonathan Blake Shanower

Anthony Tomkiewicz

TIPS

LEGAL TERMS

GENERAL PARTNER

LIMITED LIABILITY

GARNISHMENT

WINDING UP

DEFINED CONTRIBUTION PLAN

NONDISCHARGEABLE DEBTS

DOING BUSINESS AS (DBA)

UNSECURED DEBT

S CORPORATION

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