Cissna Park Bankruptcy Lawyer, Illinois, page 2

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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

Brian Lawlyes

Bankruptcy, DUI-DWI, Traffic, Personal Injury

Status: In Good Standing Licensed: 30 Years

CONTACT

15 North Vermilion Street, Danville, IL 61832

Brian Charles Lawlyes

Bankruptcy, DUI-DWI, Traffic, Personal Injury

Status: In Good Standing Licensed: 30 Years

CONTACT

15 North Vermilion Street, Danville, IL 61832

Michael Merlie

Bankruptcy

Status: In Good Standing Licensed: 51 Years

CONTACT

114 N. Walnut Street, Danville, IL 61832

Stephen Lesueur

Divorce, DUI-DWI, Civil Rights, Bankruptcy

Status: In Good Standing Licensed: 44 Years

CONTACT

115 N Broadway, Urbana, IL 61801

Stephen John Lesueur

Divorce, DUI-DWI, Civil Rights, Bankruptcy

Status: In Good Standing Licensed: 44 Years

CONTACT

115 N Broadway, Urbana, IL 61801

Roger L. Prillaman

Divorce, Civil Rights, Bankruptcy, Personal Injury

Status: In Good Standing Licensed: 44 Years

CONTACT

220 W Main St, Urbana, IL 61801

Brian Pondenis

Bankruptcy

Status: In Good Standing Licensed: 19 Years

CONTACT

202 S. Broadway, Urbana, IL 61801

Brett Alan Kepley

Workers' Compensation, Insurance, Bankruptcy, Personal Injury

Status: In Good Standing

CONTACT

302 N First St, Champaign, IL 61820

Brett Kepley

Workers' Compensation, Insurance, Bankruptcy, Personal Injury

Status: In Good Standing

CONTACT

302 N First St, Champaign, IL 61820

Joseph Chamley

Municipal, Estate Planning, Banking & Finance, Bankruptcy

Status: In Good Standing Licensed: 30 Years

CONTACT

44 Main St, Champaign, IL 61820

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.

BANKRUPTCY

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are ... (more...)

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are two types of bankruptcies -- liquidation, in which your debts are wiped out (discharged) and reorganization, in which you provide the court with a plan for how you intend to repay your debts. For both consumers and business, liquidation bankruptcy is called Chapter 7. For consumers, reorganization bankruptcy is called Chapter 13. Reorganization bankruptcy for consumers with an extraordinary amount of debt and for businesses is called Chapter 11. Reorganization bankruptcy for family farmers is called Chapter 12.

TRADE DRESS

The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape... (more...)

The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape of Frangelico liqueur bottles. Trade dress can be protected under trademark law if a showing can be made that the average consumer would likely be confused as to product origin if another product were allowed to appear in similar dress.

CREDITOR

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

LIMITED PARTNERSHIP

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner ... (more...)

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner or partners (called general partners) have unlimited personal liability. The key difference between a general and limited partner concerns management decision making--general partners run the business, and limited partners, who are usually passive investors, are not allowed to make day-to-day business decisions. If they do, they risk being treated as general partners with unlimited personal liability.

LIQUIDATING PARTNER

The member of an insolvent or dissolving partnership responsible for paying the debts and settling the accounts of the partnership.

BANKRUPTCY TRUSTEE

A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is t... (more...)

A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is to gather the debtor's nonexempt property, liquidate it and distribute it proportionally to her creditors. In a Chapter 13 case, the trustee's role is to receive the debtor's monthly payments and distribute them proportionally to her creditors.

CREDIT FILE

See credit report.

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

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, page 2

Sponsored Law Firm

PMJ PLLC

SPONSORED LAWYERS

Brian Lawlyes

Brian Charles Lawlyes

Michael Merlie

Stephen Lesueur

Stephen John Lesueur

Roger L. Prillaman

Brian Pondenis

Brett Alan Kepley

Brett Kepley

Joseph Chamley

TIPS

LEGAL TERMS

GRACE PERIOD

BANKRUPTCY

TRADE DRESS

CREDITOR

LIMITED PARTNERSHIP

LIQUIDATING PARTNER

BANKRUPTCY TRUSTEE

CREDIT FILE

WINDING UP

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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