Question: Should I have a written agreement drawn up?   I loaned a friend over 9,200 dollars over 3 months ago. I have received only one payment of 250.00 dollars. We have a verbal agreement to have the total debt repaid by next May. A:   Yes.   Agreements which are not by their terms to be… Read More


Q.  Can my employer insist on paying me by a payroll card?   A.  No.  The following is a press release that the Consumer Financial Protection Bureau recently  issued on the subject: CFPB Bulletin Warns Employers Against Exclusive Use of Payroll Cards Bulletin Highlights Federal Consumer Protections for Holders of Payroll Cards WASHINGTON, D.C. — Today… Read More


Chicago, Illinois We often have to turn away consumers who are the victims of small overcharges and fraud by various consumer businesses like cell phone providers, cable companies, credit card companies, etc., because the fine print in their contract contains an arbitration clause and/or a class action waiver.  Around the firm, we often refer to… Read More


It was great to hear that the FTC has taken action against two car dealers for deceptive advertising.  We get a steady stream of complaints from our clients about deceptive conduct by car dealers, so it is nice to see the FTC pursuing this.  The attached article gives some up front advice from the FTC about… Read More


Question:  A debt collector got my new cell phone number.  I get recorded messages several times a day.  Is there anything I can do? Answer: 1.  It is a violation of a federal law called the Telephone Consumer Protection Act to place calls to a cell phone using an automated dialer or a recorded or… Read More


Question: When one’s parent  dies with a credit card balance, is the child  legally responsible to pay it?   Answer:  Only from the assets of the decedent/ estate.  Beware of debt collectors who try to collect decedent’s debts from family members who are not legally liable.  Many such attempts are deceptive and violate the Fair… Read More


Question: Can one get rid of debt through a debt agency?   My husband and I have very good credit and we are not behind on our bills.   We have four credit card accounts. A debt relief agency located in another state contacted us about getting rid of these credit card debts.  They proposed that… Read More


Question: I own a mobile home and a plot of land on which it is located.  There are bank loans outstanding to pay for both the mobile home and the land.  I only owe $3,000 on the land.  I can no longer afford to pay for the mobile home.  If I let the bank take… Read More


Question: I have a judgment against me, alone.  I have a joint account with my daughter.  Can the money in the  account be taken to pay the judgment?   Answer:  Under Illinois law, if an account is in the name of 2 or more people, it is  presumptively the property of the judgment debtor.  The… Read More


Question: How would I find out how much I still owe on a judgment.  The creditor has been taking money from my wages. Answer:  Ask (in writing, by means that produces proof of delivery)  plaintiff’s counsel for a written accounting.  If they won’t provide it or it is not satisfactory, file a motion with the… Read More