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Morrison Bankruptcy & Debt Lawyer, Illinois

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1-9 of 9 matches. Page 1 of 1  

Michelle Beth Buckwalter-schurman

Family Law, Divorce, Adoption, Bankruptcy
Status:  In Good Standing           Licensed:  29 Years
CONTACT
209 E Main St, Morrison, IL 61270
Profile LAWPOINTS™34/100
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Michelle Buckwalter-schurman

Family Law, Divorce, Adoption, Bankruptcy
Status:  In Good Standing           Licensed:  29 Years
CONTACT
209 E Main St, Morrison, IL 61270
Profile LAWPOINTS™34/100
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Lon Richey

DUI-DWI, Civil Rights, Bankruptcy, Personal Injury
Status:  In Good Standing           Licensed:  48 Years
CONTACT
209 East Main Street, Morrison, IL 61270
Profile LAWPOINTS™34/100
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Lon Mason Richey

DUI-DWI, Civil Rights, Bankruptcy, Personal Injury
Status:  In Good Standing           Licensed:  47 Years
CONTACT
225 E Main St, Morrison, IL 61270
Profile LAWPOINTS™34/100
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Daniel Huffman

Divorce & Family Law, Criminal, Bankruptcy, Wills & Probate
Status:  In Good Standing           Licensed:  26 Years
CONTACT
209 E. Main St., Morrison, IL 61270
Profile LAWPOINTS™32/100
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Thomas Hugh Senneff

Corporate, Bankruptcy, Divorce, International Tax
Status:  In Good Standing           Licensed:  50 Years
CONTACT
200 E Knox Street, Morrison, IL 61270
Profile LAWPOINTS™22/100
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Thomas Senneff

Corporate, Bankruptcy, Divorce, International Tax
Status:  In Good Standing           Licensed:  50 Years
CONTACT
200 E Knox Street, Morrison, IL 61270
Profile LAWPOINTS™22/100
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Colleen Mary Buckwalter

Bankruptcy
Status:  In Good Standing           Licensed:  19 Years
CONTACT
114 E Main St, Morrison, IL 61270
Profile LAWPOINTS™17/100
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Colleen Buckwalter

Bankruptcy
Status:  In Good Standing           Licensed:  19 Years
CONTACT
114 E Main St, Morrison, IL 61270
Profile LAWPOINTS™17/100
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TIPS

Lawyer.com can help you easily and quickly find Morrison Bankruptcy & Debt Lawyers and Morrison Bankruptcy & Debt Law Firms. Refine your search by specific Bankruptcy & Debt practice areas such as Bankruptcy, Collection, Credit & Debt, Reorganization and Workout matters.

LEGAL TERMS

WORKOUT

A debtor's plan to take care of a debt, by paying it off or through loan forgiveness. Workouts are often created to avoid bankruptcy or foreclosure proceedings.

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemp... (more...)
In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemptible because it has been damaged or destroyed.

FCBA

See Fair Credit Billing Act.

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.

SECURED DEBT

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collater... (more...)
A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collateral, to satisfy the debt if you default. Compare unsecured debt.

CURRENT MONTHLY INCOME

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding... (more...)
As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding the bankruptcy filing. The debtor's current monthly income is used to determine whether the debtor can file for Chapter 7 bankruptcy, among other things.

TRADE DRESS

The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape... (more...)
The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape of Frangelico liqueur bottles. Trade dress can be protected under trademark law if a showing can be made that the average consumer would likely be confused as to product origin if another product were allowed to appear in similar dress.

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).

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.

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