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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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Angelina Marie Filippo

International Tax, Estate Planning, Divorce, Bankruptcy

Status: In Good Standing Licensed: 16 Years

CONTACT

600 Enterprise Dr, Oak Brook, IL 60523

Angelina Filippo

Bankruptcy, Divorce, Estate Planning, International Tax

Status: In Good Standing Licensed: 16 Years

CONTACT

600 Enterprise Dr, Oak Brook, IL 60523

Angelina Marie Filippo

International Tax, Estate Planning, Transactions, Bankruptcy

Status: In Good Standing Licensed: 28 Years

CONTACT

600 Enterprise Dr, Oak Brook, IL 60523

Anna Stanley Kahriman

Commercial Real Estate, Criminal, Transactions, Bankruptcy

Status: In Good Standing Licensed: 20 Years

CONTACT

711 South Blvd, Oak Park, IL 60302

Arthur George Jaros

Estate Planning, Civil Rights, Transactions, Collection

Status: In Good Standing Licensed: 49 Years

CONTACT

1200 Harger Rd, Hinsdale, IL 60523

Arthur Jaros

Estate Planning, Civil Rights, Transactions, Collection

Status: In Good Standing Licensed: 49 Years

CONTACT

1200 Harger Rd, Hinsdale, IL 60523

Ashley L. Pipal

Immigration, Government, Divorce, Bankruptcy

Status: In Good Standing Licensed: 11 Years

CONTACT

7100 16Th St, Berwyn, IL 60402

Audrey Elaine Gardner

Bankruptcy, DUI-DWI, Traffic, Civil Rights, Business

Status: In Good Standing Licensed: 8 Years

CONTACT

1043 S York Rd, Bensenville, IL 60106

August Anthony Pilati

Lawsuit & Dispute, Corporate, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 45 Years

CONTACT

1900 Spring Road, Oak Brook, IL 60523

August Pilati

Lawsuit & Dispute, Corporate, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 45 Years

CONTACT

1900 Spring Road, Oak Brook, IL 60523

800-923-0641

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LEGAL TERMS

LIEN

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortg... (more...)

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortgages, home equity loans, car loans and personal loans for which you pledge property to guarantee repayment. Liens created without your consent are called nonconsensual liens, and include judgment liens (liens filed by a creditor who has sued you and obtained a judgment), tax liens and mechanics liens (liens filed by a contractor who worked on your house but wasn't paid).

LIMITED LIABILITY

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or ... (more...)

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or a person who invests in a corporation (a shareholder) generally stands to lose only the amount of money invested in the business. This means that if the business folds, creditors cannot seize or sell an owner's home, car, or other personal assets.

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.

INFRINGEMENT (OF TRADEMARK)

Unauthorized use of a protected trademark or service mark, or use of something very similar to a protected mark. The success of a lawsuit to stop the infringeme... (more...)

Unauthorized use of a protected trademark or service mark, or use of something very similar to a protected mark. The success of a lawsuit to stop the infringement turns on whether the defendant's use causes a likelihood of confusion in the average consumer. If a court determines that the average consumer would be confused, the owner of the original mark can prevent the other's use of the infringing mark and sometimes collect damages.

TRUTH IN LENDING ACT (TILA)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disc... (more...)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disclose the terms of a loan, including the total amount of the loan, the annual interest rate and the number, amount and due dates of all payments necessary to repay the loan. The TILA requires additional disclosures and places many restrictions on mortgages.

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.

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.

LIQUIDATING PARTNER

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

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.

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Bellwood Bankruptcy & Debt Lawyer, Illinois, page 2

Sponsored Law Firm

Lynch Law, LLC

SPONSORED LAWYERS

Angelina Marie Filippo

Angelina Filippo

Angelina Marie Filippo

Anna Stanley Kahriman

Arthur George Jaros

Arthur Jaros

Ashley L. Pipal

Audrey Elaine Gardner

August Anthony Pilati

August Pilati

TIPS

LEGAL TERMS

LIEN

LIMITED LIABILITY

LIMITED PARTNERSHIP

INFRINGEMENT (OF TRADEMARK)

TRUTH IN LENDING ACT (TILA)

SETOFF

GRACE PERIOD

LIQUIDATING PARTNER

UNDUE HARDSHIP

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