Joliet Collection Lawyer, Illinois, page 6

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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
1. Contact
2. Email
3. Refer
5. Visit:
6. Website
7. Profile

Jonathan Nusgart

Collection, Estate Planning, Transactions

Status: In Good Standing Licensed: 32 Years

CONTACT

1771 W Diehl Rd, Naperville, IL 60563

Jorie Johnson

Misdemeanor, Felony, Criminal, Merger & Acquisition, Collection

Status: In Good Standing

CONTACT

3015 East New York Street, Aurora, IL 60504

Joshua Brandon Rosenzweig

Divorce, Criminal, Collection, Personal Injury

Status: In Good Standing Licensed: 18 Years

CONTACT

1804 N Naper Blvd, Naperville, IL 60563

Joshua Rosenzweig

Divorce, Criminal, Collection, Personal Injury

Status: In Good Standing Licensed: 18 Years

CONTACT

1804 N Naper Blvd, Naperville, IL 60563

Juan R. Thomas

Employment, Divorce & Family Law, Civil & Human Rights, Collection

Status: In Good Standing Licensed: 40 Years

CONTACT

525 N Broadway, Aurora, IL 60507

Karl Meyer

Collection, Entertainment, Transactions

Status: In Good Standing Licensed: 31 Years

CONTACT

1807 W. Diehl Rd., Naperville, IL 60563

Kenneth J. Donkel

Commercial Real Estate, Real Estate, Transactions, Collection

Status: In Good Standing Licensed: 42 Years

CONTACT

114 E Van Buren, Naperville, IL 60540

Kenneth Donkel

Commercial Real Estate, Transactions, Collection, Car Accident

Status: In Good Standing Licensed: 42 Years

CONTACT

114 E Van Buren, Naperville, IL 60540

Kevin T. Keating

Litigation, Collection, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 47 Years

CONTACT

15419 E 127Th St, Lemont, IL 60439

Kevin Keating

Litigation, Collection, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 47 Years

CONTACT

15419 E 127Th St, Lemont, IL 60439

800-923-0641

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LEGAL TERMS

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.

GUARANTOR

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. T... (more...)

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. The guarantor gives a 'guaranty,' which is an assurance that the debt or other obligation will be fulfilled.

CREDIT INSURANCE

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay o... (more...)

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay off the remaining balance. Federal and state consumer protection laws require the lender to disclose to existing and potential borrowers the terms and costs of obtaining credit insurance because it can affect the terms of the loan.

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.

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.

PRESUMED ABUSE

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means te... (more...)

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means test, the court will presume that the debtor has sufficient income to fund a Chapter 13 plan. In this situation, the debtor will not be allowed to proceed with a Chapter 7 bankruptcy unless the debtor can prove that he or she is not abusing the Chapter 7 bankruptcy remedy.

NO-FAULT INSURANCE

Car insurance laws that require the insurance companies of each person in an accident to pay for medical bills and lost wages of their insured, up to a certain ... (more...)

Car insurance laws that require the insurance companies of each person in an accident to pay for medical bills and lost wages of their insured, up to a certain amount, regardless of who was at fault. The effect of no-fault insurance laws is to eliminate lawsuits in small accidents. The advantage is the prompt payment of medical bills and expenses. The downsides are that the amounts paid by no-fault policies are often not enough to fully cover a person's losses and that no-fault does not compensate for pain and suffering.

BULK SALES LAW

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to ... (more...)

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to conduct a bulk sale of business assets -- that is, get rid of an unusually large amount of inventory, merchandise or equipment -- the business owner must typically publish a notice of the sale and give written notice to creditors. Then, the owner must set up an account to hold the funds from the sale for a brief period of time during which creditors may make claims against the money. The prohibition against bulk sales is spelled out in the Uniform Commercial Code -- and laws modeled on the UCC have been generally adopted throughout the country.

Joliet Collection Lawyer, Illinois, page 6

Sponsored Law Firm

Lynch Law, LLC

SPONSORED LAWYERS

Jonathan Nusgart

Jorie Johnson

Joshua Brandon Rosenzweig

Joshua Rosenzweig

Juan R. Thomas

Karl Meyer

Kenneth J. Donkel

Kenneth Donkel

Kevin T. Keating

Kevin Keating

TIPS

LEGAL TERMS

CHAPTER 13 PLAN

GUARANTOR

CREDIT INSURANCE

SETOFF

INFRINGEMENT (OF TRADEMARK)

PRESUMED ABUSE

NO-FAULT INSURANCE

BULK SALES LAW

CREDITOR

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