Paul Porvaznik – Business Litigator
Case Notes and Summaries of Recent Cases (State and Federal Courts – Illinois Focus)
Per my earlier post – neophyte collection lawyers often wonder what they should put in the order once the citation examination concludes. Section 2-1402(c) sets forth several possible orders that can enter. The Citation Respondent Appeared and Answered Broadly, if the debtor appears and you conduct the examination, you can either dismiss or discharge the …
Continue reading “Collecting Your Illinois Judgment Part II: the Citation Order”
Blood From A Turnip (www.flickr.com)(visited 3.9.16) 735 ILCS 5/2-1402 and Supreme Court Rule 277 govern post-judgment or supplementary proceedings in Illinois. 735 ILCS 5/12-101 through 12-183 provide additional post-judgment specifics like the mechanics of levying on a debtor’s property, the seven-year period to enforce a judgment (12-108), the lien on debtor’s real estate and personal …
Continue reading “Collecting Your Cook County (IL) Judgment: A Primer”
In Illinois, a corporation is a legal entity that exists separate and apart from its shareholders, officers and directors. In fact, a major purpose of incorporating is to insulate yourself from personal liability. This liability-reducing function of corporations does have its limits though. If someone is abusing the corporate form, a court can disregard the …