Clarendon Hills Collection Lawyer, Illinois

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John Lynch
About | Practice Areas
Lynch Law, LLC
300 E 5th Ave Suite 360 Naperville, IL 60563» view map
Bankruptcy & Debt Law
A Family Approach To Law

Legal matters should only be dealt with by people you trust. Who can you rely on more than people who treat you like family? Trust us to help you today.

800-952-9511
1. John Lynch Naperville, IL
  Attorney at Law- IL, 1998
  Shepard Broad Law Center, J.D. 1998
2. AboutLynch Law, LLC
  A Family Approach To Law
3. Practice AreasExpertise
  Bankruptcy & Debt Law
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Anna Chansomphou David

Commercial Real Estate, Civil Rights, Collection, Bankruptcy

Status: In Good Standing Licensed: 19 Years

CONTACT

15W030 N Frontage Rd, Willowbrook, IL 60527

Anna David

Commercial Real Estate, Collection, Bankruptcy, Civil Rights

Status: In Good Standing Licensed: 19 Years

CONTACT

15W030 N Frontage Rd, Willowbrook, IL 60527

Frederick Cappetta

Litigation, Estate Planning, Business & Trade, Collection

Status: In Good Standing Licensed: 59 Years

CONTACT

900 Jorie Blvd, Hinsdale, IL 60523

Frederick C. Cappetta

Litigation, Estate Planning, Transactions, Collection

Status: In Good Standing Licensed: 58 Years

CONTACT

900 Jorie Blvd, Hinsdale, IL 60523

David Barhydt

Landlord-Tenant, Government, Collection

Status: In Good Standing Licensed: 38 Years

CONTACT

2901 Butterfield Rd, Hinsdale, IL 60523

David Keith Barhydt

Landlord-Tenant, Government, Collection

Status: In Good Standing Licensed: 38 Years

CONTACT

2901 Butterfield Rd, Hinsdale, IL 60523

Margaret Ann Manetti

Commercial Real Estate, Real Estate, Collection, Bankruptcy

Status: In Good Standing Licensed: 19 Years

CONTACT

15W030 N Frontage Rd, Willowbrook, IL 60527

Alison Eilene Mclaughlin

Commercial Real Estate, Divorce & Family Law, Collection, Bankruptcy

Status: In Good Standing Licensed: 27 Years

CONTACT

15W030 North Frontage Road, Willowbrook, IL 60527

Paul Benjamin Fichter

Civil Rights, Banking & Finance, Collection, Bankruptcy

Status: In Good Standing Licensed: 20 Years

CONTACT

450 E 22Nd St, Lombard, IL 60148

Paul Fichter

Civil Rights, Banking & Finance, Collection, Bankruptcy

Status: In Good Standing Licensed: 20 Years

CONTACT

450 E 22Nd St, Lombard, IL 60148

800-923-0641

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LEGAL TERMS

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemp... (more...)

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemptible because it has been damaged or destroyed.

UNDUE HARDSHIP

The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in t... (more...)

The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in the future to pay off the loan may be able to show that repayment would be an undue hardship.

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.

ABUSE

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because ... (more...)

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because the debtor appears to have enough disposable income to fund a Chapter 13 repayment plan.

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.

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.

DEFINED CONTRIBUTION PLAN

A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount ... (more...)

A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount every month, or every year, for each employee. The employer usually pays a fixed percentage of an employee's wages or salary, although sometimes the amount is a fraction of the company's profits, with the size of each employee's pension share depending on the amount of wage or salary. Upon retirement, each employee's pension is determined by how much was contributed to the fund on behalf of that employee over the years, plus whatever earnings that money has accumulated as part of the investments of the entire pension fund.

COLLATERAL

Property that guarantees payment of a secured debt.

FAIR CREDIT REPORTING ACT (FCRA)

A federal law that is designed to prevent inaccurate or obsolete information from entering or remaining in a credit report. The law requires credit bureaus to a... (more...)

A federal law that is designed to prevent inaccurate or obsolete information from entering or remaining in a credit report. The law requires credit bureaus to adopt reasonable procedures for gathering, maintaining and disseminating information and bars credit bureaus from reporting negative information that is older than seven years, except a bankruptcy, which may be reported for ten. If you notify a credit bureau of an error in your credit report, the FCRA requires the bureau to investigate your allegations within 30 days, review all information you provide, remove inaccurate and unverified information and adopt procedures to keep the information from reappearing. In addition, the law requires that creditors refrain from reporting incorrect information to credit bureaus.

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Clarendon Hills Collection Lawyer, Illinois

Sponsored Law Firm

Lynch Law, LLC

SPONSORED LAWYERS

Anna Chansomphou David

Anna David

Frederick Cappetta

Frederick C. Cappetta

David Barhydt

David Keith Barhydt

Margaret Ann Manetti

Alison Eilene Mclaughlin

Paul Benjamin Fichter

Paul Fichter

TIPS

LEGAL TERMS

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

UNDUE HARDSHIP

WINDING UP

ABUSE

BANKRUPTCY

DISCHARGEABLE DEBTS

DEFINED CONTRIBUTION PLAN

COLLATERAL

FAIR CREDIT REPORTING ACT (FCRA)

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