River Grove Collection 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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Carolyn Bassani Cardona

General Practice

Status: In Good Standing Licensed: 32 Years

CONTACT

8755 W. Higgins, Chicago, IL 60631

Robert Jerzy Skowronski

Divorce, Securities Fraud , Collection, Bankruptcy

Status: In Good Standing Licensed: 19 Years

CONTACT

5491 N Milwaukee Ave, Chicago, IL 60630

Daniel John Spilotro

Landlord-Tenant, Litigation, Employment, Collection

Status: In Good Standing Licensed: 27 Years

CONTACT

6160 N Cicero Ave, Chicago, IL 60646

Daniel Spilotro

Landlord-Tenant, Litigation, Lawsuit & Dispute, Collection

Status: In Good Standing Licensed: 27 Years

CONTACT

6160 N Cicero Ave, Chicago, IL 60646

Brian David Schulman

Collection, Bankruptcy & Debt

Status: In Good Standing Licensed: 32 Years

CONTACT

8755 W. Higgins, Chicago, IL 60631

Daniel Degen

Class Action, Collection, Transactions, Legal Malpractice

Status: In Good Standing Licensed: 17 Years

CONTACT

9575 W Higgins Rd, Des Plaines, IL 60018

Kelly Patrick Sibert

Real Estate, Collection, Contract, Credit & Debt

Status: In Good Standing Licensed: 16 Years

CONTACT

446 Des Plaines Ave, Forest Park, IL 60130

Jerome Peter Kurtenbach

Employment, Business, Collection

Status: In Good Standing Licensed: 39 Years

CONTACT

1023 Lyman Avenue, Oak Park, IL 60304

Felicia Farr Norwood

General Practice

Status: In Good Standing Licensed: 42 Years

CONTACT

Oak Park, IL 60303

Craig Smith

Commercial Real Estate, Litigation, Civil Rights, Collection

Status: In Good Standing Licensed: 28 Years

CONTACT

1011 Lake St, Oak Park, IL 60301

800-923-0641

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LEGAL TERMS

REPOSSESSION

A creditor's taking property that has been pledged as collateral for a loan. Lenders will most often repossess cars when the owner has missed loan payments and ... (more...)

A creditor's taking property that has been pledged as collateral for a loan. Lenders will most often repossess cars when the owner has missed loan payments and has not attempted to work with the lender to resolve the problem. A repossessor can't use force to get at your car, but he can legally hot-wire it and even drive it out of your unlocked garage.

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.

NUISANCE FEES

Money charged by some credit card companies to increase their profits when you fail to use the card the way the creditor wants. Examples include late payment fe... (more...)

Money charged by some credit card companies to increase their profits when you fail to use the card the way the creditor wants. Examples include late payment fees, inactivity fees and fees for not carrying a balance from month to month. It's best to shop around and get rid of cards that have these fees attached.

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.

DISCHARGE (OF DEBTS)

A bankruptcy court's erasure of the debts of a person or business that has filed for bankruptcy.

S CORPORATION

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status fro... (more...)

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status from the Internal Revenue Service. Electing to do business as an S corporation lets shareholders enjoy limited liability status, as would be true of any corporation, but be taxed like a partnership or sole proprietor. That is, instead of being taxed as a separate entity (as would be the case with a regular or C corporation) an S corporation is a pass-through tax entity: income taxes are reported and paid by the shareholders, not the S corporation. To qualify as an S corporation a number of IRS rules must be met, such as a limit of 75 shareholders and citizenship requirements.

LOSS DAMAGE WAIVER (LDW)

Rental car insurance that makes the rental car company responsible for damage to or theft of a rental car. This insurance is a major consumer ripoff, as it ofte... (more...)

Rental car insurance that makes the rental car company responsible for damage to or theft of a rental car. This insurance is a major consumer ripoff, as it often duplicates coverage provided by the renter's regular car insurance and/or the credit card she uses to rent the car. Nevertheless, hard-sell practices by rental car agents often dupe people into buying LDWs they don't really need. LDW is also called 'collision damage waiver.'

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.

River Grove Collection Lawyer, Illinois

Sponsored Law Firm

Lynch Law, LLC

SPONSORED LAWYERS

Carolyn Bassani Cardona

Robert Jerzy Skowronski

Daniel John Spilotro

Daniel Spilotro

Brian David Schulman

Daniel Degen

Kelly Patrick Sibert

Jerome Peter Kurtenbach

Felicia Farr Norwood

Craig Smith

TIPS

LEGAL TERMS

REPOSSESSION

CURRENT MONTHLY INCOME

NUISANCE FEES

BULK SALES LAW

DISCHARGE (OF DEBTS)

S CORPORATION

LOSS DAMAGE WAIVER (LDW)

CREDIT INSURANCE

FCBA

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