Champaign County, IL Reorganization Lawyers

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James Douglas Cottrell Lawyer

James Douglas Cottrell

VERIFIED
Accident & Injury

James D. Cottrell has been practicing law in Urbana, IL for more than 25 years. His broad-spectrum practice covers many areas of law, including busine... (more)

John T Wozniak Lawyer

John T Wozniak

VERIFIED
Estate, Real Estate, Business Organization

John T. Wozniak is the founder of the firm who concentrates his practice in the areas of estate planning, probate, real estate, and business formation... (more)

Scott M. Bennett

Communication & Media Law, Banking & Finance, Personal Injury
Status:  In Good Standing           

Matthew David Pinner

Car Accident, Premises Liability, Slip & Fall Accident
Status:  In Good Standing           

FREE CONSULTATION 

CONTACT

Harvey C. Welch

Traffic, Government, Criminal
Status:  In Good Standing           

FREE CONSULTATION 

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Allen Verchota III

Family Law, Litigation, Personal Injury, Real Estate
Status:  In Good Standing           

FREE CONSULTATION 

CONTACT

Mark A. Lehman

Medical Malpractice, Personal Injury, Litigation
Status:  In Good Standing           

FREE CONSULTATION 

CONTACT

Sam L. Anderson

General Practice
Status:  In Good Standing           

FREE CONSULTATION 

CONTACT

Daniel Bowers Kennedy

Traffic, Farms, Family Law, Adoption
Status:  In Good Standing           

FREE CONSULTATION 

CONTACT

E. Phillips Knox

Banking & Finance, Estate Planning, Wills & Probate, Real Estate
Status:  In Good Standing           

FREE CONSULTATION 

CONTACT

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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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By submitting this lawyer request, I confirm I have read and agree to the Consent to Receive Messages from all messaging and voice technologies including Email, Text, Phone, Terms of Use, and Privacy Policy. Information provided is not privileged or confidential.

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LEGAL TERMS

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.

CREDIT COUNSELING

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Unde... (more...)
Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Under the new bankruptcy law, a debtor must undergo credit counseling with an approved provider before filing for bankruptcy.

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.

TRADE NAME

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

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.

FCBA

See Fair Credit Billing Act.

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.

CCCS

See Consumer Credit Counseling Service.