Eviction when there is no lease

Please consult with an experienced eviction attorney. You will save yourself a huge headache. Evictions are technical cases. If you mess up a...

Is gross or net business income considered for Chapter 7 bankruptcy in Illinois?

The means test uses gross income from all sources for six months before a case is filed. Some types of income like social security don't count for...

If I file chapter 7 bankruptcy in the state of illinois is a 3900 dollar car exempt?

If you file a chapter 7 case, there are two types of exemptions that can be applied to a vehicle. There is an exemption for automobiles for...

Question

Your lawyer is correct. If the value of the assets are more than the debt, unsecured creditors are entitled to interest on their claims. K

If bank gets automatic stay lifted to continue foreclosure on property, can second mortgagee participate in that case?

The second mortgage may not need to lift the stay. If the first mortgage forecloses the second mortgage will be named as a defendant. Since the...

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I would like to file bankruptcy either ch7 or ch12?

There are several factors that determine whether a chapter 7 or a chapter 13 case is the best option. If a chapter 13 was the best option and you...

Lady left her boat for storage in a Marina- 7 years later the Marina found owner and billed them for storage & late fees

The marina should be able to legally collect this debt. if the boat has been there for seven years, does the boat have any value to the owner? ...

I have a business in another state selling medical equipment. What will I need in order to legally operate in Chicago, IL?

You have asked several questions. The secretary of state can register your company to transact business in Illinois so that you are authorized to...

Real estate contract was just signed on investment property under friend's personal name. She wants to change to her LLC.

The LLC has be to created by the State of Illinois before it can become a titleholder. You should not put title into an LLC that has not been...

Can a seller of a home claim a room is a bedroom if it doesn't have the structure to add a door already in place?

The building codes will answer the question of what is required for a room to be considered a valid bedroom. However, the more important question...