Bonfield Reorganization 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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2. Email
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Not enough matches for Bonfield Reorganization lawyer.
Below are all Bonfield Bankruptcy & Debt lawyers.

Scott N. Sliwinski

Child Support, Corporate, Business Organization, Bankruptcy

Status: In Good Standing

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One Dearborn Square, Kankakee, IL 60901

Kenneth A. Leshen

Adoption, Bankruptcy, Corporate, Business Organization

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One Dearborn Square, Kankakee, IL 60901

Robert E. Geiger

Personal Injury, Family Law, Bankruptcy, Personal Injury

Status: In Good Standing Licensed: 42 Years

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415 Liberty St, Morris, IL 60450

Kendra Karlock

Bankruptcy, Civil Rights

Status: In Good Standing Licensed: 11 Years

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720 Main St Nw, Bourbonnais, IL 60914

Walter Daniel Brock

Real Estate, Government, Business, Bankruptcy & Debt

Status: In Good Standing Licensed: 41 Years

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707C Arbor Pkwy, Bourbonnais, IL 60914

Mark Richard Steffen

Divorce & Family Law, Criminal, Bankruptcy & Debt, Personal Injury

Status: In Good Standing Licensed: 47 Years

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605 S Fifth Ave, Kankakee, IL 60901

Patrick Thomas Dunn

Construction, Real Estate, Government, Bankruptcy & Debt

Status: In Good Standing Licensed: 30 Years

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1250 N Convent St, Bourbonnais, IL 60914

Patrick Dunn

Real Estate, Government, Bankruptcy & Debt

Status: In Good Standing Licensed: 31 Years

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1250 N Convent St, Bourbonnais, IL 60914

Karren Simone Farmer

Federal Appellate Practice, Divorce, Civil Rights, Bankruptcy

Status: In Good Standing Licensed: 26 Years

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295 W Jeffery St, Kankakee, IL 60901

Jeffrey Grotevant

Estate Planning, Civil Rights, Transactions, Collection

Status: In Good Standing Licensed: 26 Years

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297 S Schuyler Ave, Kankakee, IL 60901

800-923-0641

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LEGAL TERMS

FCBA

See Fair Credit Billing Act.

REDEMPTION

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump s... (more...)

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump sum. For example, a debtor may redeem a car note by paying the lender the amount a retail vendor would charge for the car, considering its age and condition.

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 CREDIT REPORTING ACT (FCRA)

A federal law that is designed to prevent inaccurate or obsolete information from entering or remaining in a credit report. The law requires credit bureaus to a... (more...)

A federal law that is designed to prevent inaccurate or obsolete information from entering or remaining in a credit report. The law requires credit bureaus to adopt reasonable procedures for gathering, maintaining and disseminating information and bars credit bureaus from reporting negative information that is older than seven years, except a bankruptcy, which may be reported for ten. If you notify a credit bureau of an error in your credit report, the FCRA requires the bureau to investigate your allegations within 30 days, review all information you provide, remove inaccurate and unverified information and adopt procedures to keep the information from reappearing. In addition, the law requires that creditors refrain from reporting incorrect information to credit bureaus.

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).

COLLATERAL

Property that guarantees payment of a secured debt.

SOLE PROPRIETORSHIP

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, m... (more...)

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, meaning that business profits are reported and taxed on the owner's personal tax return. Setting up a sole proprietorship is cheap and easy since no legal formation documents need be filed with any governmental agency (although tax registration and other permit and license requirements may still apply). Once you file a fictitious name statement (assuming you don't use your own name) and obtain any required basic tax permits and business licenses, you'll be in business. The main downside of a sole proprietorship is that its owner is personally liable for all business debts.

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.

AUTOMATIC STAY

An injunction automatically issued by the bankruptcy court when a debtor files for bankruptcy. The automatic stay prohibits most creditor collection activities,... (more...)

An injunction automatically issued by the bankruptcy court when a debtor files for bankruptcy. The automatic stay prohibits most creditor collection activities, such as filing or continuing lawsuits, making written requests for payment, or notifying credit reporting bureaus of an unpaid debt.

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Bonfield Reorganization Lawyer, Illinois

Sponsored Law Firm

PMJ PLLC

SPONSORED LAWYERS

Scott N. Sliwinski

Kenneth A. Leshen

Robert E. Geiger

Kendra Karlock

Walter Daniel Brock

Mark Richard Steffen

Patrick Thomas Dunn

Patrick Dunn

Karren Simone Farmer

Jeffrey Grotevant

TIPS

LEGAL TERMS

FCBA

REDEMPTION

FRAUDULENT TRANSFER

FAIR CREDIT REPORTING ACT (FCRA)

CREDIT REPORT

COLLATERAL

SOLE PROPRIETORSHIP

SECURED DEBT

AUTOMATIC STAY

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