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Illinois Boat Owners – Is Your New Boat a Floating Lemon?

The purchase of a new water vessel, such as a boat, pontoon, sailboat, or jet ski is as exciting as it sounds, but can be a big financial undertaking (if your reading this, you probably already know that).  If you are a consumer who has spent thousands on the purchase of a new water vessel

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Six Things Every Chicago Tenant Should Know Regarding Repairs

Illinois landlord tenant law and specifically, the Chicago Residential Landlord Tenant Ordinance (“RLTO” or “CRLTO”) is not easy area of the law to navigate if you are not an attorney or a sophisticated property manager given the dense language and lengthy requirements attached to each step of the rental process as it applies to both

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Should I file? Considerations prior to filing a lawsuit.

When someone is owed money and they are unable to collect it, the first option that comes to mind is to sue the debtor.  However, one should always analyze whether filing suit is the right option given the situation at hand.  The first step of what I will refer to as the “prelitigation stage” is

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Chicago Security Deposit Check List for Tenants

A clear majority of the rental properties in the City of Chicago are governed under the Chicago Residential Landlord Tenant Act, or, as it is often referred to the “RLTO” or the “CRLTO”.  There are a few exceptions in which rental units are not covered under the RLTO (note Airbnb renters, your SOL) but given

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The Illinois Divorce – Who Keeps What?

Divorce is never fun and often the couple who is separating feels like they are losing a lot, but… who gets to keep the flat screen? The cars? The home? Illinois law defines marital property as all property acquired by either spouse during the marriage and is subject to equitable division upon dissolution of marriage.

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The Illinois Business Attorney: An Entrepreneurial Spirit

Among the many worries those starting a business in Illinois have, one is finding the right lawyer to help you succeed in the business venture you are undertaking. It doesn’t matter if you decide to start your business in Downtown Chicago, Aurora, Elgin, Naperville, Joliet, or Champaign– there is a good chance you will run

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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. As an attorney

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Collecting on a Judgment in Illinois: The Wage Deduction Proceeding

If you have a judgment and the judgment debtor is employed and earning wages, a wage deduction proceeding is a powerful tool for collecting on that judgment. In Illinois, collecting on a judgment via a wage garnishment is a statutory proceeding that allows for enforcement of a judgment via a wage deduction order and creates

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The Time Value of Money and Prejudgment Interest

Whether we are cognizant of it or not, money is worth more today and than it is tomorrow. This is the time value of money and is a method that Illinois lawyers can increase value on a breach of contract claim for their clients. Practically speaking, if you are owed $100,000 and you have to

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How do commercial leases differ from residential leases in Illinois?

How Commercial Leases Differ from Residential Leases. 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.  The contract will have a term or time

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