Chadwick Bankruptcy & Debt Lawyer, Illinois

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Betsy Shaulis

Civil Rights, Banking & Finance, Collection, Personal Injury
Status:  In Good Standing           Licensed:  18 Years

Michelle Beth Buckwalter-schurman

Family Law, Divorce, Adoption, Bankruptcy
Status:  In Good Standing           Licensed:  29 Years

Michelle Buckwalter-schurman

Family Law, Divorce, Adoption, Bankruptcy
Status:  In Good Standing           Licensed:  29 Years

Lon Richey

DUI-DWI, Civil Rights, Bankruptcy, Personal Injury
Status:  In Good Standing           Licensed:  48 Years

Lon Mason Richey

DUI-DWI, Civil Rights, Bankruptcy, Personal Injury
Status:  In Good Standing           Licensed:  47 Years

Daniel Huffman

Divorce & Family Law, Criminal, Bankruptcy, Wills & Probate
Status:  In Good Standing           Licensed:  26 Years

Thomas Hugh Senneff

Corporate, Bankruptcy, Divorce, International Tax
Status:  In Good Standing           Licensed:  50 Years

Thomas Senneff

Corporate, Bankruptcy, Divorce, International Tax
Status:  In Good Standing           Licensed:  50 Years

Trent Bush

Employee Rights, Civil Rights, Banking & Finance, Collection
Status:  In Good Standing           Licensed:  25 Years

Paul Alan Osborn

Litigation, Divorce, Banking & Finance, Bankruptcy
Status:  In Good Standing           Licensed:  44 Years

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Free Help: Use This Form or Call 800-943-8690

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800-943-8690

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Lawyer.com can help you easily and quickly find Chadwick Bankruptcy & Debt Lawyers and Chadwick Bankruptcy & Debt Law Firms. Refine your search by specific Bankruptcy & Debt practice areas such as Bankruptcy, Collection, Credit & Debt, Reorganization and Workout matters.

LEGAL TERMS

HOUSEHOLDER

A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a ho... (more...)
A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a homestead exemption and possibly other exemptions relating to the maintenance of the household.

CREDIT FILE

See credit report.

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.

CREDITOR

A person or entity (such as a bank) to whom a debt is owed.

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.

CHAPTER 13 BANKRUPTCY

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your inc... (more...)
The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your income to pay all or a portion of the debts over three to five years. The minimum amount you must pay is roughly equal to the value of your nonexempt property. In addition, you must pledge your disposable net income -- after subtracting reasonable expenses -- for the period during which you are making payments. At the end of the three-to five-year period, the balance of what you owe on most debts is erased.

IRS EXPENSES

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income mu... (more...)
A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income must use the IRS expenses to calculate their average net income in a Chapter 7 case, or their disposable income in a Chapter 13 case.

CREDIT BUREAU

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit... (more...)
A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit card companies that use the information to screen applicants for loans and credit cards. There are three major credit bureaus, Equifax, Experian and Trans Union, and they are regulated by the federal Fair Credit Reporting Act.

FCBA

See Fair Credit Billing Act.