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Illinois Debtor And Creditor Legal Questions

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5 legal [2, *]questions have been posted about debtor and creditor by real users in Illinois. Ask your question and dive into the knowledge of attorneys who handle your issue regularly. Similar topics to explore also include collections, and creditors rights. All topics and other states can be accessed in the dropdowns below.
Illinois Debtor And Creditor Questions & Legal Answers
Do you have any Illinois Debtor And Creditor questions and need some legal advice or guidance? Ask a Lawyer to get an answer or read through our 5 previously answered Illinois Debtor And Creditor questions.
Debtor and Creditor
Illinois

Recent Legal Answers

10 year old private student loan debt, do I reply to this mail?

Answered 7 years and 9 months ago by Scott F. Bocchio (Unclaimed Profile)   |   1 Answer
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We can help STOP these calls.  Call our office at 855-254-7841.  Ask for Mark Gazda, Consumer Advocacy Manager. Legal Rights Advocates. 
We can help STOP these calls.  Call our office at 855-254-7841.  Ask for Mark Gazda, Consumer Advocacy Manager. Legal Rights... Read Answer

how do i handle a call from someone who claims to be a collector on a payday loan from 2003

Answered 13 years and 3 months ago by Gary Armstrong (Unclaimed Profile)   |   1 Answer
It's a scam. See http://www.armstrongattorneys.com/be-aware-of-common-debt-collection-scams/
It's a scam. See http://www.armstrongattorneys.com/be-aware-of-common-debt-collection-scams/

i would like to file bankruptcy but i would like to know if i have enough debt my total debt is about 3,500 my income is 975.00 per month

Answered 13 years and 4 months ago by attorney Bankruptcy Attorney Mark J Markus   |   1 Answer
Bankruptcy Attorney Mark J Markus
There is no minimum debt requirement to file a bankruptcy case.  However, you have to weigh the costs of filing bankruptcy with the amount of debt you are likely to discharge.   Depending on what type of debt it is that you have, you would likely be better off negotiating with your creditors, but you may want to have a consultation with a bankruptcy attorney in your area to see if it might help you.  Sometimes filing a bankruptcy case, even with as low amount of debt as you have, can have a stimulating effect on your credit rating. Mark Markus has been practicing exclusively bankruptcy law in California since 1991.  He is a Certified Specialist in Bankruptcy Law by the State Bar of California Board of Legal Specialization,  AV-Rated by martindale.com, and A+ rated by the Better Business Bureau.  CONTACT MARK for more information or to schedule an appointment.   ... Read Answer
There is no minimum debt requirement to file a bankruptcy case.  However, you have to weigh the costs of filing bankruptcy with the amount of... Read Answer

My wages are being garnished over a 6yr old credit card debt

Answered 13 years and 8 months ago by Mr. Richard Alan Alsobrook (Unclaimed Profile)   |   1 Answer
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You should speak with a local consumer rights attorney.  There are various statutes that may protect you.  Additionally, there are various state specific exemptions that may be available and a local consumer rights attorney will be able to determine if any exemptions apply to your situation. This is not intended to be legal advice, and is general in its nature. No attorney-client relationship exists or is formed by this information. Furthermore, this does not represent the views or opinions of LexisNexis or its affiliated companies.... Read Answer
You should speak with a local consumer rights attorney.  There are various statutes that may protect you.  Additionally, there are various... Read Answer

My husband has a buisness and is going to sue a former friend.

Answered 14 years and 9 months ago by William/J Joanis (Unclaimed Profile)   |   1 Answer
Hearsay can be brought up in court.  If not objected to it is admissible.  There are many exceptions to the rule, so even if object to, a court can, in some circumstances, still allow it.  So, you should take care.  Plus, what you say can lead to non-hearsay forms of evidence.  For example, if you say your husband cheats on his prices, that is probably hearsay.  But it will lead the other side to evidence that he cheats on prices.    ... Read Answer
Hearsay can be brought up in court.  If not objected to it is admissible.  There are many exceptions to the rule, so even if object to, a... Read Answer
Debtor and Creditor
Illinois

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