Ford County, IL Bankruptcy & Debt 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
1. Contact
2. Email
3. Refer
5. Visit:
6. Website
7. Profile

Not enough matches for Ford Bankruptcy & Debt lawyer.
Below are all Ford lawyers.

Lance Charles Cagle

Traffic, Divorce & Family Law, DUI-DWI, Criminal

Status: In Good Standing Licensed: 19 Years

CONTACT

146 N Market St, Paxton, IL 60957

Jerry L. Niemann

Commercial Real Estate, International Tax, Estate Planning, Transactions

Status: In Good Standing Licensed: 47 Years

CONTACT

140 N Taft St, Paxton, IL 60957

Jessica Delost

General Practice

Status: In Good Standing Licensed: 14 Years

CONTACT

1120 N Melvin St, Gibson City, IL 60936

Ross James Sorensen

Commercial Real Estate, Estate Planning

Status: In Good Standing Licensed: 13 Years

CONTACT

140 N Taft St, Paxton, IL 60957

Ross Sorensen

Commercial Real Estate, Estate Planning

Status: In Good Standing Licensed: 13 Years

CONTACT

140 N Taft St, Paxton, IL 60957

Robert Erwin Martensen

International Tax, Estate Planning, Elder Law, Banking & Finance

Status: In Good Standing Licensed: 63 Years

CONTACT

140 N Taft St, Paxton, IL 60957

Ellen Moore Lee

Estate Planning, Federal Appellate Practice, Transactions

Status: In Good Standing Licensed: 43 Years

CONTACT

430 E Center St, Paxton, IL 60957

Michael R. Hynes

Intellectual Property, Business, Contract

Status: In Good Standing Licensed: 10 Years

CONTACT

347 W. Franklin Street, Paxton, IL 60957

Anthony Arnold Lee

General Practice

Status: In Good Standing Licensed: 46 Years

CONTACT

308 North Sangamon Avenue, Gibson City, IL 60936

Gerald Paul Rodeen

General Practice

Status: Deceased Licensed: 51 Years

CONTACT

146 North Market Street, Paxton, IL 60957

800-923-0641

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LEGAL TERMS

SOLE PROPRIETORSHIP

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, m... (more...)

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, meaning that business profits are reported and taxed on the owner's personal tax return. Setting up a sole proprietorship is cheap and easy since no legal formation documents need be filed with any governmental agency (although tax registration and other permit and license requirements may still apply). Once you file a fictitious name statement (assuming you don't use your own name) and obtain any required basic tax permits and business licenses, you'll be in business. The main downside of a sole proprietorship is that its owner is personally liable for all business debts.

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.

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.

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.

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.

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.

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.

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.

Ford County, IL Bankruptcy & Debt Lawyers

Sponsored Law Firm

PMJ PLLC

SPONSORED LAWYERS

Lance Charles Cagle

Jerry L. Niemann

Jessica Delost

Ross James Sorensen

Ross Sorensen

Robert Erwin Martensen

Ellen Moore Lee

Michael R. Hynes

Anthony Arnold Lee

Gerald Paul Rodeen

TIPS

LEGAL TERMS

SOLE PROPRIETORSHIP

ACCORD AND SATISFACTION

IRS EXPENSES

WINDING UP

GRACE PERIOD

FORBEARANCE

LIMITED PARTNERSHIP

CHAPTER 13 PLAN

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