Sullivan Collection Lawyer, Illinois, page 4

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Jarred Rahar

Collection, Child Custody, Divorce, Family Law
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           

John F. Bramfeld

Federal Appellate Practice, Estate Planning, Collection, Bankruptcy
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  47 Years

Darren Taylor

Litigation, Corporate, Banking & Finance, Collection
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           

Angela Vandeventer

Collection, Estate Planning
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  17 Years

Mary Ann Midden

Student Rights, Commercial Banks, Credit & Debt, Collection, Divorce
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  46 Years

Andrew Hatch

Divorce, DUI-DWI, Civil Rights, Collection
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  23 Years

William Hatch

Estate Planning, Divorce, DUI-DWI, Collection
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  57 Years

Guy Charles Hall

Tax, Health Care Other, Municipal, Collection, Real Estate
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  41 Years

David George Giffin

Family Law, Elder Law, Traffic, Juvenile Law, Collection
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  7 Years

Joseph Brian Taylor

Divorce & Family Law, Criminal, Collection, Employee Rights
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  56 Years

Free Help: Use This Form or Call 800-814-6700

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800-943-8690

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LEGAL TERMS

CCCS

See Consumer Credit Counseling Service.

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.

CYBERSQUATTING

Buying a domain name that reflects the name of a business or famous person with the intent of selling the name back to the business or celebrity for a profit. T... (more...)
Buying a domain name that reflects the name of a business or famous person with the intent of selling the name back to the business or celebrity for a profit. The Anticybersquatting Consumer Protection Act of 1999 authorizes a cybersquatting victim to file a federal lawsuit to regain a domain name or sue for financial compensation. Under the act, registering, selling or using a domain name with the intent to profit from someone else's good name is considered cybersquatting. Victims of cybersquatting can also use the provisions of the Uniform Domain Name Dispute Resolution Policy adopted by ICANN, an international tribunal administering domain names. This international policy results in arbitration of the dispute, not litigation.

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.

UNDUE HARDSHIP

The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in t... (more...)
The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in the future to pay off the loan may be able to show that repayment would be an undue hardship.

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.

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.

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.

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