Question: If your car has been repossessed and you offer to bring the loan current, can the lender force you to pay in full or reapply for the loan?   Answer:    Under Illinois law, if your car is repossessed, has not been previously repossessed, and you have paid 30% of the total of payments… Read More


Question: : I am being sued for my mother’s nursing home charges for $30,000.00+. According to their records, I signed a contract stating I was responsible for her debt. Answer:  An attorney experienced in this area needs to review the contract and the law.  There are federal restrictions on nursing homes insisting on guarantees of… Read More


Question:  I had an old bank account from 2006. It was charged off. Sept 2006. I reopened an account and now they have depleted all of my funds with out notifying me. Can they do that? Answer:  Yes, a bank has a right of setoff that entitles them to do that, unless the debt is a… Read More


Question:  I purchased a car and traded in my old car and put money down.  I signed a contact and got the keys.  Three weeks later I received a letter from the dealer stating that I was not approved and was asked to sign a new contract on different terms. Answer:  Confirm with the financing… Read More


Question: How can I get a collector to stop calling me at work? Answer: You have the right to direct a debt collector not to call you at work.  You also have the right to direct a debt collector not to contact you at all.  The latter right must be exercised in writing; the former… Read More


Question: Can a bank be forced to process checks in a timely manner? Answer:    Deadlines for funds availability are set by federal statute, the Expedited Funds Availability Act.  The relevant deadlines depend on such things as the location of the bank where the check is drawn and the amount and whether the bank has… Read More


Question: If your parent passes away and leaves outstanding credit card debts, who is responsible for payment? Answer:    If anyone else is contractually liable on the account (not a mere authorized user) they remain liable.  If there is no one else contractually liable, the estate of the decedent is liable.  If  there is no… Read More


Question: I have a judgment against me.  The creditor froze my bank account.  What can I do to stop frozen account? Answer:    You have a 4,000 “wildcard” exemption per person (735 ILCS 5/12-1001)  that can be applied to a bank  account.  There are also exemptions based on the source of funds, such as Social Security. File… Read More


Question:  I have received a letter from a collection agency regarding a medical bill that was supposed to be submitted by the hospital to my health insurance company that would have covered the bill at 80%. The hospital admininstrator  called me 3 times to get the insurance information, which I provided; they assured me that this… Read More


Question: I got four payday loans over the Internet.  I cannot repay them.  What is the worst thing that could happen? Answer:   Find out of the lenders  were  licensed by the Illinois Department of Financial and Professional Regulation.  If they were not licensed, the loan is not enforceable, you owe nothing, and you may be… Read More