Wauconda Bankruptcy 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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2. Email
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Includes: Bankruptcy Litigation, Commercial Bankruptcy, Consumer Bankruptcy, Dissolution

Hilary J. Negele

Real Estate, Wills, Bankruptcy

Status: In Good Standing

CONTACT

444 N Cedar Lake Rd, Round Lake, IL 60073

Thomas John Sagehorn

Business & Trade, Consumer Bankruptcy, Administrative Law, International Intellectual Property

Status: In Good Standing Licensed: 46 Years

CONTACT

790 Oak Hill Road, Barrington, IL 60010

Jeffrey C. Taylor

General Practice

Status: In Good Standing Licensed: 62 Years

CONTACT

606 Shoreline Road, Barrington, IL 60010

Timothy Martin Howe

Litigation, Lawsuit & Dispute, Insurance, Bankruptcy

Status: In Good Standing

CONTACT

110B N Main St, Barrington, IL 60084

Timothy Howe

Litigation, Lawsuit & Dispute, Insurance, Bankruptcy

Status: In Good Standing

CONTACT

110B N Main St, Barrington, IL 60084

Torrick Alan Ward

Landlord-Tenant, Bankruptcy, Estate Planning, Transactions

Status: In Good Standing Licensed: 30 Years

CONTACT

102 S. Wynstone Park Drive, Barrington, IL 60010

Robert Magee

Municipal, Estate Planning, Transactions, Bankruptcy

Status: In Good Standing Licensed: 16 Years

CONTACT

444 N Cedar Lake Rd, Grayslake, IL 60073

James Magee

Litigation, Municipal, Banking & Finance, Bankruptcy

Status: In Good Standing Licensed: 54 Years

CONTACT

444 N Cedar Lake Rd, Grayslake, IL 60073

Robert James Magee

Municipal, Estate Planning, Transactions, Bankruptcy

Status: In Good Standing Licensed: 16 Years

CONTACT

444 N Cedar Lake Rd, Grayslake, IL 60073

James T. Magee

Real Estate, Credit & Debt, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 54 Years

CONTACT

444 N Cedar Lake Rd, Grayslake, IL 60073

800-923-0641

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LEGAL TERMS

COLLATERAL

Property that guarantees payment of a secured debt.

NONEXEMPT PROPERTY

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typicall... (more...)

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typically includes valuable clothing (furs) and electronic equipment, an expensive car that's been paid off and most of the equity in your house. Compare exempt property.

C CORPORATION

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S c... (more...)

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S corporation, whose profits are passed through to shareholders and taxed on their personal returns under subchapter S of the Internal Revenue Code.

GARNISHMENT

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if ... (more...)

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if she loses a lawsuit filed by the creditor. Up to 25% of a person's wages can be deducted.

REAFFIRMATION

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing deb... (more...)

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing debt after the bankruptcy case is over. For instance, a debtor might make a reaffirmation agreement with the holder of a car note that the debtor can keep the car and must continue to pay the debt after bankruptcy.

CREDIT FILE

See credit report.

ABUSE

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because ... (more...)

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because the debtor appears to have enough disposable income to fund a Chapter 13 repayment plan.

GUARANTOR

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. T... (more...)

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. The guarantor gives a 'guaranty,' which is an assurance that the debt or other obligation will be fulfilled.

WINDING UP

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, a... (more...)

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, all with the ultimate goal of liquidating or closing down a corporation or partnership.

SAMPLE LEGAL CASES

Economy Fire & Cas. Co. v. Brumfield

... Appellees and Cross-Appellants, v. Hollis L. BRUMFIELD, Defendant and Counterplaintiff- Appellant and Cross-Appellee, and Michael J. Drewes; Constance Drewes; Beau Drewes; Zachary Fitzpatrick; Dan Fitzpatrick; Cindy Fitzpatrick; Steve Miller, Trustee in Bankruptcy for the ...

Seip v. Rogers Raw Materials Fund, LP

... Upon learning this, Beeland immediately sought to have the assets transferred either to Refco, LLC, or back to the original brokerage accounts. D. Refco Bankruptcy and the Special Redemption Letter. ... (2006)). Refco, LLC, filed for bankruptcy as well in November 2005. ...

Giannini v. Kumho Tire USA, Inc.

... While there are no Illinois cases addressing the stay granted in Rule 306, Garbe Iron Works held that the two-year statute of limitations for filing a mechanics' lien foreclosure was tolled by the automatic stay provision contained in the Federal Bankruptcy Act (11 USC Â§ 362(a)(1 ...

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Wauconda Bankruptcy Lawyer, Illinois

Sponsored Law Firm

PMJ PLLC

SPONSORED LAWYERS

Hilary J. Negele

Thomas John Sagehorn

Jeffrey C. Taylor

Timothy Martin Howe

Timothy Howe

Torrick Alan Ward

Robert Magee

James Magee

Robert James Magee

James T. Magee

TIPS

LEGAL TERMS

COLLATERAL

NONEXEMPT PROPERTY

C CORPORATION

GARNISHMENT

REAFFIRMATION

CREDIT FILE

ABUSE

GUARANTOR

WINDING UP

SAMPLE LEGAL CASES

Economy Fire & Cas. Co. v. Brumfield

Seip v. Rogers Raw Materials Fund, LP

Giannini v. Kumho Tire USA, Inc.

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