South Beloit Bankruptcy & Debt Lawyer, Illinois

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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
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Thomas Laye

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

Thomas was born and raised in Cherry Valley, Illinois. He attended Western Illinois University where he received his Bachelor’s in Law Enforcement a... (more)

FREE CONSULTATION

CONTACT

815-962-0044

308 West State Street, Rockford, IL 61101

Thomas Laughlin

Civil Rights, Business, Bankruptcy

Status: Licensed: 54 Years

CONTACT

Roscoe, IL 61073

Jeffrey Dahlberg

Traffic, Estate Planning, Family Law, Bankruptcy

Status: Licensed: 35 Years

CONTACT

5130 North 2Nd Street, Loves Park, IL 61111

Elisa Whitman

Estate Planning, Business & Trade, Banking & Finance, Collection, Contract

Status:

CONTACT

6801 Spring Creek Rd, Rockford, IL 61114

Bernard Joseph Natale

Bankruptcy & Debt, Commercial Bankruptcy, Consumer Bankruptcy

Status:

CONTACT

1639 North Alpine Road, Rockford, IL 61107

Stephen Langley

Estate Planning, Contract, Credit & Debt, Collection

Status:

CONTACT

308 West State St, Rockford, IL 61101

Bernard Natale

Bankruptcy

Status:

CONTACT

1639 North Alpine Road, Rockford, IL 61107

Amy Sue Beckmann

International, Bankruptcy, Bankruptcy & Debt

Status: Licensed: 19 Years

CONTACT

1410 N Main St, Rockford, IL 61103

Amy Sue Beckmann

Bankruptcy, International, Bankruptcy & Debt

Status: Licensed: 19 Years

CONTACT

1410 N Main St, Rockford, IL 61103

Gary Flanders

Bankruptcy & Debt, Commercial Bankruptcy, Consumer Bankruptcy, Bankruptcy

Status: Licensed: 45 Years

FREE CONSULTATION

CONTACT

One Court Place, Rockford, IL 61101

800-814-6700

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LEGAL TERMS

CREDIT FILE

See credit report.

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.

FCBA

See Fair Credit Billing Act.

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.

FRAUDULENT TRANSFER

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee --... (more...)

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee -- for instance, when a debtor signs a car over to a relative to keep it out of the bankruptcy estate. Fraudulently transferred property can be recovered and sold by the trustee for the benefit of the creditors.

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.

TOXIC TORT

A personal injury caused by exposure to a toxic substance, such as asbestos or hazardous waste. Victims can sue for medical expenses, lost wages and pain and su... (more...)

A personal injury caused by exposure to a toxic substance, such as asbestos or hazardous waste. Victims can sue for medical expenses, lost wages and pain and suffering.

CREDITOR

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

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.

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South Beloit Bankruptcy & Debt Lawyer, Illinois

Sponsored Law Firm

PMJ PLLC

SPONSORED LAWYERS

Thomas Laye

Thomas Laughlin

Jeffrey Dahlberg

Elisa Whitman

Bernard Joseph Natale

Stephen Langley

Bernard Natale

Amy Sue Beckmann

Amy Sue Beckmann

Gary Flanders

TIPS

LEGAL TERMS

CREDIT FILE

LIABILITY

FCBA

IRS EXPENSES

FRAUDULENT TRANSFER

S CORPORATION

TOXIC TORT

CREDITOR

REPOSSESSION

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