Springfield Bankruptcy & Debt Lawyer, Illinois

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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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Brian Jay Dees

Alimony & Spousal Support, Adoption, Administrative Law, Bankruptcy

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CONTACT

1035 South Second Street, Springfield, IL 62704

Fredric Benson

Administrative Law, Bankruptcy, Business Organization, Contract

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CONTACT

1307 South 7th Street, Springfield, IL 62703

Hugh F. Drake

Elder Law, Contract, Credit & Debt, Collection

Status: Licensed: 26 Years

CONTACT

205 S Fifth St, Springfield, IL 62705

Emmet A. Fairfield

Corporate, Banking & Finance, Bankruptcy Litigation, Bankruptcy

Status: Licensed: 44 Years

CONTACT

205 S Fifth St, Springfield, IL 62705

Pamela Ellen Hart

Tax, Divorce & Family Law, Business & Trade, Bankruptcy

Status: Licensed: 16 Years

CONTACT

611 E Monroe St, Springfield, IL 62701

Jason Germeraad

Civil Rights, Trade Associations, Bankruptcy, Bankruptcy & Debt, Litigation

Status: Licensed: 20 Years

CONTACT

611 E Monroe St, Springfield, IL 62701

Samuel J. Witsman

Municipal, Banking & Finance, Business, Collection, Business & Trade

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CONTACT

1 N Old Capitol Plaza, Springfield, IL 62701

Kristina Mucinskas

Estate Planning, Transactions, Banking & Finance, Collection

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CONTACT

One N. Old State Capitol Pl, Springfield, IL 62701

William Vig

Estate Planning, Business & Trade, Collection, Medical Malpractice, Workers' Compensation

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CONTACT

1100 S 5Th St, Springfield, IL 62703

Kevin Lee Linder

International Tax, Social Security, Family Law, Bankruptcy

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CONTACT

1300 South Eighth Street, Springfield, IL 62703

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LEGAL TERMS

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.

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).

SECURED DEBT

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collater... (more...)

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collateral, to satisfy the debt if you default. Compare unsecured debt.

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.

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.

DISCHARGE (OF DEBTS)

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

GUARANTOR

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. T... (more...)

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. The guarantor gives a 'guaranty,' which is an assurance that the debt or other obligation will be fulfilled.

LIEN

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortg... (more...)

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortgages, home equity loans, car loans and personal loans for which you pledge property to guarantee repayment. Liens created without your consent are called nonconsensual liens, and include judgment liens (liens filed by a creditor who has sued you and obtained a judgment), tax liens and mechanics liens (liens filed by a contractor who worked on your house but wasn't paid).

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.

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Springfield Bankruptcy & Debt Lawyer, Illinois

Sponsored Law Firm

PMJ PLLC

SPONSORED LAWYERS

Brian Jay Dees

Fredric Benson

Hugh F. Drake

Emmet A. Fairfield

Pamela Ellen Hart

Jason Germeraad

Samuel J. Witsman

Kristina Mucinskas

William Vig

Kevin Lee Linder

TIPS

LEGAL TERMS

WINDING UP

CREDIT REPORT

SECURED DEBT

PRIORITY DEBT

GENERAL PARTNER

DISCHARGE (OF DEBTS)

GUARANTOR

LIEN

ABUSE

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