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Westchester Bankruptcy & Debt Lawyer, Illinois, page 5

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41-50 of 219 matches. Page 5 of 22  

Ahmad Sulaiman

Real Estate, Consumer Rights, Bankruptcy, Bankruptcy & Debt
Status:  In Good Standing           Licensed:  22 Years
CONTACT
900 Jorie Blvd, Oak Brook, IL 60523
Profile LAWPOINTS™34/100
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Ahmad Tayseer Sulaiman

Real Estate, Lawsuit & Dispute, Consumer Rights, Bankruptcy & Debt
Status:  In Good Standing           Licensed:  22 Years
CONTACT
900 Jorie Blvd, Oak Brook, IL 60523
Profile LAWPOINTS™22/100
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Matthew H. Hector

Real Estate, Banking & Finance, Bankruptcy
Status:  In Good Standing           Licensed:  20 Years
CONTACT
900 Jorie Blvd, Oak Brook, IL 60523
Profile LAWPOINTS™17/100
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Matthew Hector

Banking & Finance, Bankruptcy
Status:  In Good Standing           Licensed:  20 Years
CONTACT
900 Jorie Blvd, Oak Brook, IL 60523
Profile LAWPOINTS™17/100
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Karen Walin

Estate Planning, Family Law, Bankruptcy, Bankruptcy & Debt
Status:  In Good Standing           Licensed:  38 Years
CONTACT
903 Commerce Dr, Hinsdale, IL 60523
Profile LAWPOINTS™24/100
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Karen Walin

Estate Planning, Family Law, Bankruptcy, Bankruptcy & Debt
Status:  In Good Standing           Licensed:  38 Years
CONTACT
903 Commerce Dr, Hinsdale, IL 60523
Profile LAWPOINTS™24/100
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Daniel John Mcgarry

Bankruptcy
Status:  In Good Standing           Licensed:  12 Years
CONTACT
900 Jorie Boulevard, Oak Brook, IL 60523
Profile LAWPOINTS™22/100
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Charles Lawrence Magerski

Bankruptcy
Status:  In Good Standing           Licensed:  16 Years
CONTACT
900 Jorie Boulevard, Oak Brook, IL 60523
Profile LAWPOINTS™17/100
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Frederick C. Cappetta

Litigation, Estate Planning, Transactions, Collection
Status:  In Good Standing           Licensed:  59 Years
CONTACT
900 Jorie Blvd, Hinsdale, IL 60523
Profile LAWPOINTS™34/100
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Frederick Cappetta

Litigation, Estate Planning, Business & Trade, Collection
Status:  In Good Standing           Licensed:  59 Years
CONTACT
900 Jorie Blvd, Hinsdale, IL 60523
Profile LAWPOINTS™34/100
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Lawyer.com can help you easily and quickly find Westchester Bankruptcy & Debt Lawyers and Westchester Bankruptcy & Debt Law Firms. Refine your search by specific Bankruptcy & Debt practice areas such as Bankruptcy, Collection, Credit & Debt, Reorganization and Workout matters.

LEGAL TERMS

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.

FCBA

See Fair Credit Billing Act.

DISPOSABLE INCOME

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Ch... (more...)
The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Chapter 13 plan.

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.

DEFINED CONTRIBUTION PLAN

A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount ... (more...)
A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount every month, or every year, for each employee. The employer usually pays a fixed percentage of an employee's wages or salary, although sometimes the amount is a fraction of the company's profits, with the size of each employee's pension share depending on the amount of wage or salary. Upon retirement, each employee's pension is determined by how much was contributed to the fund on behalf of that employee over the years, plus whatever earnings that money has accumulated as part of the investments of the entire pension fund.

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.

MEANS TEST

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income ... (more...)
A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income for his or her state should be allowed to file for Chapter 7 bankruptcy.

DISCHARGE (OF DEBTS)

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

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.

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