South Wilmington Reorganization Lawyer, Illinois, page 2

Sponsored Law Firm


Joseph Cardinal

Commercial Real Estate, Estate, Family Law, Bankruptcy & Debt
Status:  In Good Standing           

Richard Forst

Social Security, Bankruptcy
Status:  In Good Standing           Licensed:  42 Years

Allison Cychosz

Family Medical Leave Act (FMLA), Corporate, Business, Reorganization
Status:  In Good Standing           Licensed:  21 Years

Russelle L. Holsinger

Litigation, Securities Fraud , Business & Trade, Collection
Status:  In Good Standing           Licensed:  27 Years

Irvin Lyle Masching

Industry Specialties, Federal Appellate Practice, Business, Bankruptcy & Debt
Status:  In Good Standing           Licensed:  49 Years

Irvin Masching

Industry Specialties, Federal Appellate Practice, Business, Bankruptcy & Debt
Status:  In Good Standing           Licensed:  49 Years

William H. Gerakaris

Real Estate, Government, Business, Bankruptcy & Debt
Status:  In Good Standing           Licensed:  33 Years

Russell A. Baker

Lawsuit & Dispute, Business, Bankruptcy & Debt
Status:  In Good Standing           Licensed:  36 Years

Angela Marie Fillenwarth

Government, Workers' Compensation, Bankruptcy, Personal Injury
Status:  In Good Standing           Licensed:  29 Years

Angela Fillenwarth

Government, Workers' Compensation, Bankruptcy, Personal Injury
Status:  In Good Standing           Licensed:  29 Years

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LEGAL TERMS

LOSS DAMAGE WAIVER (LDW)

Rental car insurance that makes the rental car company responsible for damage to or theft of a rental car. This insurance is a major consumer ripoff, as it ofte... (more...)
Rental car insurance that makes the rental car company responsible for damage to or theft of a rental car. This insurance is a major consumer ripoff, as it often duplicates coverage provided by the renter's regular car insurance and/or the credit card she uses to rent the car. Nevertheless, hard-sell practices by rental car agents often dupe people into buying LDWs they don't really need. LDW is also called 'collision damage waiver.'

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.

UNSECURED DEBT

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only reme... (more...)
A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only remedy is to sue you and get a judgment. Compare secured debt.

NUISANCE FEES

Money charged by some credit card companies to increase their profits when you fail to use the card the way the creditor wants. Examples include late payment fe... (more...)
Money charged by some credit card companies to increase their profits when you fail to use the card the way the creditor wants. Examples include late payment fees, inactivity fees and fees for not carrying a balance from month to month. It's best to shop around and get rid of cards that have these fees attached.

CREDITOR

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

IRS EXPENSES

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income mu... (more...)
A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income must use the IRS expenses to calculate their average net income in a Chapter 7 case, or their disposable income in a Chapter 13 case.

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.

MEANS TEST

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income ... (more...)
A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income for his or her state should be allowed to file for Chapter 7 bankruptcy.

TOXIC TORT

A personal injury caused by exposure to a toxic substance, such as asbestos or hazardous waste. Victims can sue for medical expenses, lost wages and pain and su... (more...)
A personal injury caused by exposure to a toxic substance, such as asbestos or hazardous waste. Victims can sue for medical expenses, lost wages and pain and suffering.

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