Sullivan Collection Lawyer, Illinois, page 4

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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
1. Contact
2. Email
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Holly Hotze Lynch

Federal Appellate Practice, Estate Planning, Child Custody, Collection, Family Law

Status: Licensed: 17 Years

CONTACT

215 North Fourth Street, Effingham, IL 62401

Judy A. Baker

Trusts, Child Custody, Adoption, Collection, Estate Planning

Status: Licensed: 32 Years

CONTACT

201 N. Logan, Gays, IL 61928

Judy Baker

Collection, Estate, Bankruptcy

Status: Licensed: 33 Years

CONTACT

201 North Logan Street, Mattoon, IL 61938

Vernon Plummer

Social Security, Divorce, Criminal, Collection

Status: Licensed: 50 Years

CONTACT

404 N. Douglas, Shelbyville, IL 62565

Walter Lookofsky

Estate Planning, Divorce, DUI-DWI, Collection

Status: Licensed: 21 Years

CONTACT

111 E Main St, Shelbyville, IL 62565

Jill Marie Hays

Social Security, Workers' Compensation, Collection, Personal Injury

Status: Licensed: 50 Years

CONTACT

404 N. Douglas, Shelbyville, IL 62565

Jarred Rahar

Collection, Child Custody, Divorce, Family Law

Status:

CONTACT

1011 North Webster Street, Taylorville, IL 62568

Mary Ann Midden

Student Rights, Commercial Banks, Credit & Debt, Collection, Divorce

Status: Licensed: 46 Years

CONTACT

1401 W Green St, Urbana, IL 61801

David George Giffin

Family Law, Elder Law, Traffic, Juvenile Law, Collection

Status: Licensed: 7 Years

CONTACT

108 East Anthony Drive, Urbana, IL 61802

Angela Christine Vandeventer

Landlord-Tenant, Estate Planning, Collection

Status: Licensed: 17 Years

CONTACT

17 Park Drive, Villa Grove, IL 61956

800-814-6700

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LEGAL TERMS

PRIORITY DEBT

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13... (more...)

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13 bankruptcy. Priority debts include alimony and child support, fees owed to the trustee and the attorney in the bankruptcy case, and wages owed to employees.

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.

CREDIT FILE

See credit report.

TRUTH IN LENDING ACT (TILA)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disc... (more...)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disclose the terms of a loan, including the total amount of the loan, the annual interest rate and the number, amount and due dates of all payments necessary to repay the loan. The TILA requires additional disclosures and places many restrictions on mortgages.

SUBROGATION

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off i... (more...)

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off its injured claimant takes the legal rights the claimant has against a third party that caused the injury, and sues that third party.

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.

DISCHARGE (OF DEBTS)

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

FCBA

See Fair Credit Billing Act.

LIMITED PARTNERSHIP

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner ... (more...)

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner or partners (called general partners) have unlimited personal liability. The key difference between a general and limited partner concerns management decision making--general partners run the business, and limited partners, who are usually passive investors, are not allowed to make day-to-day business decisions. If they do, they risk being treated as general partners with unlimited personal liability.

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Sullivan Collection Lawyer, Illinois, page 4

Sponsored Law Firm

PMJ PLLC

SPONSORED LAWYERS

Holly Hotze Lynch

Judy A. Baker

Judy Baker

Vernon Plummer

Walter Lookofsky

Jill Marie Hays

Jarred Rahar

Mary Ann Midden

David George Giffin

Angela Christine Vandeventer

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LEGAL TERMS

PRIORITY DEBT

SECURED DEBT

CREDIT FILE

TRUTH IN LENDING ACT (TILA)

SUBROGATION

NO-FAULT INSURANCE

DISCHARGE (OF DEBTS)

FCBA

LIMITED PARTNERSHIP

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