A recent ruling by the Illinois Appellate Court emphasizes the importance of sending proper notice of default to a borrower under a mortgage loan promissory note. In the case of Associates Asset Management, LLC v. […]
You did the work. You closed the sale. You got stiffed on your commission. Under Illinois law, you have a powerful tool to help you collect that commission. It’s called the Illinois Sales Representative Act, 820 […]
Sending shock waves through the mortgage industry, the Seventh Circuit Court of Appeals in Chicago has ruled that a homeowner who was denied a permanent loan modification under the federal government’s Home Affordable Mortgage Program (HAMP) could […]
The Illinois General Assembly is considering a bill by 6th District Representative Esther Golar that would declare consumer adhesion contracts void as a matter of public policy.
The Illinois Supreme Court recently clarified the law applicable to covenants not to compete in Illinois in the case of Reliable Fire Equipment Company v. Arredondo. In Reliable, the Illinois Supreme Court clarified that to […]