Illinois Attorney Blog

How to Form and Illinois LLC

The Limited Liability Company (“LLC”) is a great way to incorporate your business to protect your personal assets as well as have your business enjoy.. Read More

Illinois Confession of Judgment Law: Debt Collection's Most Under Used Tool

A judgment by confession clause is one of the most underutilized tools by small businesses in Illinois in terms of debt collection.  A confession of.. Read More

The Most Common Violations by Creditors under the Illinois FCRA

The Fair Credit Reporting Act ("FCRA") provides protection to consumers against the misuse and misreporting of credit information.  The most common.. Read More

Charging Orders & Enforcing a Judgment against an Illinois LLC Member

 Section 30-20 of the LLC Act (found at 805 ILCS 180/30-20) states that a creditor’s exclusive remedy is to obtain a charging order against an LLC.. Read More

Collecting on a Judgment – The Citation to Discover Assets, An Extraordinary Remedy

If you are a creditor who has sued an individual and obtained a judgment that orders an individual or business to pay you back money, you may want to.. Read More

Five Things to Do If You or Your Business Gets Sued

  When you answer the door and there is a sheriff with a badge and a gun handing you court papers, it can be pretty intimidating particularly if this.. Read More

Does someone owe you money? Considerations prior to filing a lawsuit.

Should I file?  Considerations prior to filing a lawsuit and debt collection investigation. Read More

The benefits of a single-member Limited Liability Company

The Illinois Limited Liability Act ("LLC") allows for single-member LLC's, as do many states.  This is often-times a better option than the.. Read More

Illinois Confession of Judgment Law: A Powerful Tool for Debt Collection

A judgment by confession clause is one of the most underutilized tools by small businesses in Illinois in terms of debt collection.  A confession of.. Read More

Charging Order: Enforcing a Judgment against an Illinois LLC Member

 Section 30-20 of the LLC Act (found at 805 ILCS 180/30-20) states that a creditor’s exclusive remedy is to obtain a charging order against an LLC.. Read More