Lake County, IL Collection Lawyers

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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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Christopher B. Morozin

Bankruptcy, Collection, Contract, Criminal

Status: In Good Standing

FREE CONSULTATION

CONTACT

74 East Grand Avenue, Fox Lake, IL 60020

Jed Howard Stone

DUI-DWI, Criminal, Civil Rights, Banking & Finance, Collection

Status: In Good Standing

CONTACT

415 Washington Street, Waukegan, IL 60085

Marc Ira Price

Collection, Transactions, Banking & Finance, Civil Rights

Status: In Good Standing Licensed: 34 Years

CONTACT

1110 Lake Cook Dr, Buffalo Grove, IL 60089

Gary A. Mages

Commercial Real Estate, Real Estate, Transactions, Collection

Status: In Good Standing Licensed: 34 Years

CONTACT

1110 W Lake Cook Rd, Buffalo Grove, IL 60089

Michelle Lynn Golden

Real Estate, Business, Collection, Bankruptcy & Debt

Status: In Good Standing Licensed: 23 Years

CONTACT

1110 W Lake Cook Rd, Buffalo Grove, IL 60089

Peter Honigmann

Bankruptcy & Debt, Bankruptcy, Collection, Litigation

Status: In Good Standing Licensed: 27 Years

CONTACT

20794 N William Ave, Lincolnshire, IL 60069

Rosemary S. Berquist

Collection

Status: In Good Standing Licensed: 33 Years

CONTACT

117 South Cook Street, Barrington, IL 60010

David Hazan

Litigation, Transactions, Collection, Bankruptcy

Status: In Good Standing

CONTACT

111 North County Street, Waukegan, IL 60085

Gary Mages

Collection, Transactions, Commercial Real Estate, Civil Rights

Status: In Good Standing Licensed: 34 Years

CONTACT

1110 W Lake Cook Rd, Buffalo Grove, IL 60089

Jennifer Gedville

Litigation, Estate Planning, Business, Collection

Status: In Good Standing Licensed: 25 Years

CONTACT

1849 Green Bay Rd, Highland Park, IL 60035

800-923-0641

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LEGAL TERMS

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.

FORBEARANCE

Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily ... (more...)

Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily postponing or reducing the borrower's payments.

DISCHARGE (OF DEBTS)

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

DEBIT CARD

A card issued by a bank that combines the functions of an ATM card and checks. A debit card can be used to withdraw cash at a bank like an ATM card, and it can ... (more...)

A card issued by a bank that combines the functions of an ATM card and checks. A debit card can be used to withdraw cash at a bank like an ATM card, and it can also be used at stores to pay for goods and services in place of a check. Unlike a credit card, a debit card automatically withdraws money from your checking account at the time of the transaction. Debit cards are regulated by the Electronic Funds Transfer Act.

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.

REPOSSESSION

A creditor's taking property that has been pledged as collateral for a loan. Lenders will most often repossess cars when the owner has missed loan payments and ... (more...)

A creditor's taking property that has been pledged as collateral for a loan. Lenders will most often repossess cars when the owner has missed loan payments and has not attempted to work with the lender to resolve the problem. A repossessor can't use force to get at your car, but he can legally hot-wire it and even drive it out of your unlocked garage.

FRAUDULENT TRANSFER

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee --... (more...)

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee -- for instance, when a debtor signs a car over to a relative to keep it out of the bankruptcy estate. Fraudulently transferred property can be recovered and sold by the trustee for the benefit of the creditors.

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.

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.

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Lake County, IL Collection Lawyers

Sponsored Law Firm

PMJ PLLC

SPONSORED LAWYERS

Christopher B. Morozin

Jed Howard Stone

Marc Ira Price

Gary A. Mages

Michelle Lynn Golden

Peter Honigmann

Rosemary S. Berquist

David Hazan

Gary Mages

Jennifer Gedville

TIPS

LEGAL TERMS

NONDISCHARGEABLE DEBTS

FORBEARANCE

DISCHARGE (OF DEBTS)

DEBIT CARD

SETOFF

REPOSSESSION

FRAUDULENT TRANSFER

WINDING UP

C CORPORATION

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