Cherry Valley Credit & 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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2. Email
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Not enough matches for Cherry Valley Credit & Debt lawyer.
Below are all Cherry Valley Bankruptcy & Debt lawyers.

Douglas Robert Henry

Lawsuit & Dispute, Criminal, Credit & Debt, Property Damage

Status: In Good Standing

CONTACT

6833 Stalter Drive, Rockford, IL 61108

Philip H. Hart

Bankruptcy

Status: In Good Standing Licensed: 47 Years

CONTACT

5652 Linden Road, Rockford, IL 61109

Russell W. Baker

Business, Bankruptcy & Debt, Employment, Real Estate

Status: In Good Standing Licensed: 18 Years

FREE CONSULTATION

CONTACT

6833 Stalter Drive, Rockford, IL 61108

Thomas Green

Bankruptcy & Debt, Business, Real Estate, Municipal, Divorce & Family Law

Status: In Good Standing

CONTACT

6833 Stalter Drive, Rockford, IL 61108

Jason H Rock

Bankruptcy & Debt, Litigation, Adoption, Civil Rights, Estate

Status: In Good Standing

CONTACT

6833 Stalter Drive, Rockford, IL 61108

Shawn C. Fulbright

Lawsuit & Dispute, Estate, Business, Bankruptcy

Status: In Good Standing Licensed: 28 Years

CONTACT

6833 Stalter Dr, Rockford, IL 61108

Darron Michael Burke

Litigation, Wills & Probate, Business & Trade, Bankruptcy

Status: In Good Standing

CONTACT

6833 Stalter Drive, Rockford, IL 61108

Jason Rock

Litigation, Civil Rights, Business, Bankruptcy & Debt, Animal Bite

Status: In Good Standing

CONTACT

6833 Stalter Drive, Rockford, IL 61108

Aaron Szeto

Municipal, Transactions, Collection, Bankruptcy

Status: In Good Standing

CONTACT

6833 Stalter Drive, Rockford, IL 61108

Aaron N. Szeto

Municipal, Transactions, Collection, Bankruptcy

Status: In Good Standing

CONTACT

6833 Stalter Drive, Rockford, IL 61108

800-923-0641

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LEGAL TERMS

CHAPTER 7 BANKRUPTCY

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 b... (more...)

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 bankruptcy takes from three to six months, costs about $200, and commonly requires only one trip to the courthouse.

C CORPORATION

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S c... (more...)

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S corporation, whose profits are passed through to shareholders and taxed on their personal returns under subchapter S of the Internal Revenue Code.

DISPOSABLE INCOME

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Ch... (more...)

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Chapter 13 plan.

WORKOUT

A debtor's plan to take care of a debt, by paying it off or through loan forgiveness. Workouts are often created to avoid bankruptcy or foreclosure proceedings.

PREFERENCE

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commer... (more...)

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commercial creditors) and within one year for insider creditors (friends, family members, and business associates). Because a preference gives the creditor who received the payment an edge over other creditors in the bankruptcy case, the trustee can recover the preference (the amount of the payment) and distribute it among all of the creditors.

DISCHARGEABLE DEBTS

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bill... (more...)

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bills and medical bills. Compare nondischargeable debts.

TRADE NAME

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

ADMINISTRATIVE EXPENSES

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Admi... (more...)

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Administrative costs are typically 10% of the debtor's total payments under the plan.

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.

SAMPLE LEGAL CASES

Portfolio Acquisitions, LLC v. Feltman

... On June 28, 2005, plaintiff filed its initial complaint against defendant to collect on an alleged defaulted credit card debt. ... Plaintiff asserts that it is well entrenched in Illinois law that the statute of limitations for an action on a credit card debt is 10 years. ...

Treadway v. NATIONS CREDIT FINANCIAL SERVS.

... appeals the order of the circuit court of Madison County that dismissed his class action complaint against the defendant, Nations Credit Financial Services ... knowingly done, shall be deemed a forfeiture of the entire interest which the note, bill, or other evidence of debt carries with ...

Laubner v. JP Morgan Chase Bank, NA

... More to the point, plaintiffs have not set forth any facts to show why $11,500 per month is not enough to sustain their respective lifestyles in a manner that is "comfortable." Plaintiffs make no allegations of debt (aside from the credit debt that trustees paid off), steep mortgage ...

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Cherry Valley Credit & Debt Lawyer, Illinois

Sponsored Law Firm

PMJ PLLC

SPONSORED LAWYERS

Douglas Robert Henry

Philip H. Hart

Russell W. Baker

Thomas Green

Jason H Rock

Shawn C. Fulbright

Darron Michael Burke

Jason Rock

Aaron Szeto

Aaron N. Szeto

TIPS

LEGAL TERMS

CHAPTER 7 BANKRUPTCY

C CORPORATION

DISPOSABLE INCOME

WORKOUT

PREFERENCE

DISCHARGEABLE DEBTS

TRADE NAME

ADMINISTRATIVE EXPENSES

WINDING UP

SAMPLE LEGAL CASES

Portfolio Acquisitions, LLC v. Feltman

Treadway v. NATIONS CREDIT FINANCIAL SERVS.

Laubner v. JP Morgan Chase Bank, NA

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