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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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Includes: Bankruptcy Litigation, Commercial Bankruptcy, Consumer Bankruptcy, Dissolution

Scott N. Sliwinski

Child Support, Corporate, Business Organization, Bankruptcy

Status: In Good Standing

CONTACT

One Dearborn Square, Kankakee, IL 60901

Kenneth A. Leshen

Adoption, Bankruptcy, Corporate, Business Organization

Status: In Good Standing

CONTACT

One Dearborn Square, Kankakee, IL 60901

Patrick J. Murphy

Estate Planning, Environmental Law Other, Bankruptcy, Products Liability

Status: In Good Standing Licensed: 62 Years

CONTACT

130 West Cherry St, Watseka, IL 60970

Patrick J. Murphy

Commercial Bankruptcy, Litigation

Status: In Good Standing Licensed: 62 Years

CONTACT

130 West Cherry St, Watseka, IL 60970

Craig Ray Hunt

Federal Appellate Practice, Estate Planning, Business & Trade, Bankruptcy

Status: In Good Standing Licensed: 41 Years

CONTACT

123 N Garrard St, Rantoul, IL 61866

William Roy Scott

Federal Appellate Practice, Estate Planning, Business & Trade, Bankruptcy

Status: In Good Standing Licensed: 49 Years

CONTACT

123 N Garrard St, Rantoul, IL 61866

Neill Paul Schurter

Agriculture, Adoption, Criminal, Bankruptcy

Status: In Good Standing Licensed: 57 Years

CONTACT

404 Moraine Drive, Rantoul, IL 61866

Eve Ludwig

Bankruptcy, Collection

Status: In Good Standing Licensed: 20 Years

CONTACT

9 Harding Pl, Danville, IL 61832

Eve Allison Ludwig

General Practice

Status: In Good Standing Licensed: 20 Years

CONTACT

9 Harding Pl, Danville, IL 61832

Eve Allison Ludwig

General Practice

Status: In Good Standing Licensed: 20 Years

CONTACT

9 Harding Pl, Danville, IL 61832

800-923-0641

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LEGAL TERMS

GRACE PERIOD

A period of time during which you are not required to make payments on a debt. For example, most credit cards give you a grace period of 20-30 days before you h... (more...)

A period of time during which you are not required to make payments on a debt. For example, most credit cards give you a grace period of 20-30 days before you have to pay interest on the amount of your purchases. Cash advances, however, usually have no grace period; interest begins to accumulate from the date of the withdrawal, even if you pay your bills on time. Also, some student loans give you a grace period after graduating or dropping out of school. During this time, you are not required to make payments on your loan.

DISCHARGE (OF DEBTS)

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

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.

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.

NONEXEMPT PROPERTY

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typicall... (more...)

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typically includes valuable clothing (furs) and electronic equipment, an expensive car that's been paid off and most of the equity in your house. Compare exempt property.

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.

CCCS

See Consumer Credit Counseling Service.

TRADE NAME

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

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).

SAMPLE LEGAL CASES

Economy Fire & Cas. Co. v. Brumfield

... Appellees and Cross-Appellants, v. Hollis L. BRUMFIELD, Defendant and Counterplaintiff- Appellant and Cross-Appellee, and Michael J. Drewes; Constance Drewes; Beau Drewes; Zachary Fitzpatrick; Dan Fitzpatrick; Cindy Fitzpatrick; Steve Miller, Trustee in Bankruptcy for the ...

Seip v. Rogers Raw Materials Fund, LP

... Upon learning this, Beeland immediately sought to have the assets transferred either to Refco, LLC, or back to the original brokerage accounts. D. Refco Bankruptcy and the Special Redemption Letter. ... (2006)). Refco, LLC, filed for bankruptcy as well in November 2005. ...

Giannini v. Kumho Tire USA, Inc.

... While there are no Illinois cases addressing the stay granted in Rule 306, Garbe Iron Works held that the two-year statute of limitations for filing a mechanics' lien foreclosure was tolled by the automatic stay provision contained in the Federal Bankruptcy Act (11 USC Â§ 362(a)(1 ...

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Cissna Park Bankruptcy Lawyer, Illinois

Sponsored Law Firm

PMJ PLLC

SPONSORED LAWYERS

Scott N. Sliwinski

Kenneth A. Leshen

Patrick J. Murphy

Patrick J. Murphy

Craig Ray Hunt

William Roy Scott

Neill Paul Schurter

Eve Ludwig

Eve Allison Ludwig

Eve Allison Ludwig

TIPS

LEGAL TERMS

GRACE PERIOD

DISCHARGE (OF DEBTS)

PRIORITY DEBT

WINDING UP

NONEXEMPT PROPERTY

LIMITED LIABILITY

CCCS

TRADE NAME

LIEN

SAMPLE LEGAL CASES

Economy Fire & Cas. Co. v. Brumfield

Seip v. Rogers Raw Materials Fund, LP

Giannini v. Kumho Tire USA, Inc.

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