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De Land Bankruptcy & Debt Lawyer, Illinois

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1-8 of 8 matches. Page 1 of 1  

Joseph Brian Taylor

Divorce & Family Law, Criminal, Collection, Employee Rights
Status:  In Good Standing           Licensed:  56 Years
CONTACT
216 S. Center Street, Clinton, IL 61727
Profile LAWPOINTS™22/100
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Richard W. Hopp

Divorce, DUI-DWI, Civil Rights, Collection
Status:  In Good Standing           Licensed:  53 Years
CONTACT
1301 E Mound Rd, Decatur, IL 62526
Profile LAWPOINTS™32/100
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Richard Hopp

Divorce, DUI-DWI, Civil Rights, Collection
Status:  In Good Standing           Licensed:  53 Years
CONTACT
1301 E Mound Rd, Decatur, IL 62526
Profile LAWPOINTS™22/100
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John L. Greenleaf

Education, Visa, Wills, Estate, Bankruptcy
Status:  In Good Standing           
CONTACT
2456 North Main Street, Decatur, IL 62526
Profile LAWPOINTS™34/100
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John Greenleaf

Wills, Wills & Probate, Estate Planning, Estate, Bankruptcy
Status:  In Good Standing           
CONTACT
2456 North Main Street, Decatur, IL 62526
Profile LAWPOINTS™34/100
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Jay L Barr

Family Law, Divorce, Collection, Bankruptcy
Status:  In Good Standing           Licensed:  20 Years
CONTACT
1301 E Mound Rd, Decatur, IL 62526
Profile LAWPOINTS™32/100
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Jay Barr

Family Law, Divorce, Collection, Bankruptcy
Status:  In Good Standing           Licensed:  20 Years
CONTACT
1301 E Mound Rd, Decatur, IL 62526
Profile LAWPOINTS™32/100
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John L. Greenleaf Jr.

Real Estate, Trusts, Estate Planning, Bankruptcy
Status:  In Good Standing           
CONTACT
2456 North Main, Decatur, IL 62523
Profile LAWPOINTS™15/100
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Lawyer.com can help you easily and quickly find De Land Bankruptcy & Debt Lawyers and De Land Bankruptcy & Debt Law Firms. Refine your search by specific Bankruptcy & Debt practice areas such as Bankruptcy, Collection, Credit & Debt, Reorganization and Workout matters.

LEGAL TERMS

DISCHARGE (OF DEBTS)

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

CCCS

See Consumer Credit Counseling Service.

CHAPTER 13 PLAN

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to ... (more...)
A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to pay all mandatory debts -- for example, back child support, taxes, and mortgage arrearages -- as well as some or all unsecured, nonpriority debts, such as medical and credit card bills.

NONDISCHARGEABLE DEBTS

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chap... (more...)
Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chapter 13 bankruptcy, the nondischargeable debts will have to be paid in full during your plan or you will have a balance at the end of your case. Examples of nondischargeable debts include alimony and child support, most income tax debts, many student loans and debts for personal injury or death caused by drunk driving. Compare dischargeable debts.

INTEREST

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to ... (more...)
A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to your balance. This means that if your loan or credit line has an interest rate of 8%, the holder adds 8% to the balance each year. More specifically, interest is calculated and added to your loan or credit line through a process called compounding. If interest is compounded daily, the balance will rise by 1/365th of 8% each day. If interest is compounded monthly, the balance will rise 1/12th of 8% at the start of each month.

SETOFF

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a countercl... (more...)
A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a counterclaim filed by a defendant in a lawsuit. Banks may try to exercise a setoff by taking money out of a deposit account to satisfy past due payments on a loan or credit card bill. Such an act is illegal under most circumstances.

ACCORD AND SATISFACTION

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collectin... (more...)
An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collecting as much money as they can from debtors who cannot pay the full amount.

CREDIT FILE

See credit report.

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.

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