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How to Form an Illinois LLC 2

Pick a name. The name needs to be recognizably different from the names of other business already on file with the Secretary of State.

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Five Beneficial Reasons to Hire a Debt Collection Attorney

If you have someone that owes you money and that person has fallen behind on payment, it is time to consider hiring a debt collection attorney. Here is why:

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Unpaid Invoices, Collection and Client Retention - Illinois Business Law

If you run a small business, it is inevitable that you will eventually run into a client or customer who owes you money. Often, this is one of the most dreaded duties of any business owner.

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The Letter of Intent and Commercial Leasing

If you are a lawyer who is retained by a commercial tenant, it is imperative to remember that most leases are drafted by the landlord (or their attorney) and will be drafted in favor of the landlord.

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Illinois Small Claims - When Should you Sue?

We have a lot of people who ask us for help with a case that is for a relatively small dollar amount. Do not get us wrong, if someone owes you $2,000 that is real money.

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Chicago Tenant Rights with Respect to Security Deposits

The five violations under the Chicago Residential Landlord Tenant Ordinance ("RLTO" or "CRLTO") for which statutory damages may be awarded under 5-12-080 of the Chicago Municipal Code are detailed below and apply to Chicago renters who have given their landlord a security deposit.

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Is It Worth Chasing that Unpaid Invoice?

Credit sales, unlike cash sales, are accompanied with the burden of not only the risk of incurring bad debt expenses, but also the collection of debt and maintaining debtors' records.

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What to Do if Your Illinois 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 is the first time you or your company has been sued.

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Rethinking the Need for Juries

It happened. I got the notice to serve on a jury. If you ever received a jury summons, you probably had either of these two reactions: (1) yay, I get to do something other than my normal job and get paid, or (2) this is going to be extremely inconvenient and costly.

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How Do Commercial Leases Differ from Residential Leases in Illinois?

A commercial lease is defined as a contract created for renting business property from an individual or another business. The lease contract gives the tenant the rights to use that business property for the purpose defined in the lease agreement.

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