Des Plaines Bankruptcy & Debt 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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Glenn Betancourt-Burgos

Adoption, Alimony & Spousal Support, Bankruptcy, Child Support

Status: In Good Standing

CONTACT

3158 S. River Road, Des Plaines, IL 60018

Michael Conrad

Accident & Injury, Divorce & Family Law, Bankruptcy & Debt, Estate, Real Estate

Status: In Good Standing Licensed: 29 Years

CONTACT

1561 E Oakton Street, Des Plaines, IL 60018

Bradley Scott Chelin

Real Estate, Government, Criminal, Bankruptcy & Debt

Status: In Good Standing Licensed: 20 Years

CONTACT

1454 Miner St, Des Plaines, IL 60016

Bradley Chelin

Real Estate, Government, Criminal, Bankruptcy & Debt

Status: In Good Standing Licensed: 20 Years

CONTACT

1454 Miner St, Des Plaines, IL 60016

Ellen Ann Yearwood

Adoption, Divorce & Family Law, Elder Law, Bankruptcy

Status: In Good Standing Licensed: 38 Years

CONTACT

636 S River Rd, Des Plaines, IL 60016

Artur Zadrozny

Litigation, Estate Planning, Family Law, Bankruptcy

Status: In Good Standing Licensed: 12 Years

CONTACT

636 S River Rd, Des Plaines, IL 60016

Gregory W. O'reilly

Motor Vehicle, Criminal, Business, Bankruptcy

Status: In Good Standing Licensed: 40 Years

CONTACT

636 South River Road, Des Plaines, IL 60016

Laura Ladon Ellis

Wills, Elder Law, Credit & Debt, Bankruptcy

Status: In Good Standing Licensed: 27 Years

CONTACT

636 South Des Plaines River Road, Des Plaines, IL 60016

Barry Allan Springer

Eminent Domain, Business, Collection

Status: In Good Standing Licensed: 47 Years

CONTACT

2093 Rand Road, Des Plaines, IL 60016

Barry Springer

Eminent Domain, Business, Collection

Status: In Good Standing Licensed: 47 Years

CONTACT

2093 Rand Road, Des Plaines, IL 60016

800-923-0641

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LEGAL TERMS

NONEXEMPT PROPERTY

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typicall... (more...)

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typically includes valuable clothing (furs) and electronic equipment, an expensive car that's been paid off and most of the equity in your house. Compare exempt property.

CREDIT COUNSELING

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Unde... (more...)

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Under the new bankruptcy law, a debtor must undergo credit counseling with an approved provider before filing for bankruptcy.

LIABILITY

(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pi... (more...)

(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pipe bursts the day after Paul installs it, ruining the bathroom floor. This raises the issue of liability: Who is responsible for the damage? Peri claims that Paul is responsible, and sues him for the cost of hiring another plumber to fix the pipe and replacing the floor. Paul, in turn, claims that the pipe manufacturer is responsible, because they supplied him with faulty materials. Both Peri and Paul must prove their claims in court; if Paul and/or the manufacturer is found liable, one or both will have to pay damages to Peri. (2) Something for which a person is liable. For example, a debt is often called a 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.

FCRA

See Fair Credit Reporting Act.

401(K) PLAN

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income ... (more...)

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income taxes on the amount invested and any earnings are due until the employee withdraws money from the fund.

CREDITOR

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

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.

PRIORITY DEBT

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13... (more...)

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13 bankruptcy. Priority debts include alimony and child support, fees owed to the trustee and the attorney in the bankruptcy case, and wages owed to employees.

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Des Plaines Bankruptcy & Debt Lawyer, Illinois

Sponsored Law Firm

Lynch Law, LLC

SPONSORED LAWYERS

Glenn Betancourt-Burgos

Michael Conrad

Bradley Scott Chelin

Bradley Chelin

Ellen Ann Yearwood

Artur Zadrozny

Gregory W. O'reilly

Laura Ladon Ellis

Barry Allan Springer

Barry Springer

TIPS

LEGAL TERMS

NONEXEMPT PROPERTY

CREDIT COUNSELING

LIABILITY

INFRINGEMENT (OF TRADEMARK)

FCRA

401(K) PLAN

CREDITOR

DISCHARGEABLE DEBTS

PRIORITY DEBT

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