Notice: We are still operating during the COVID-19 crisis. However, we are not allowing visitors to our office and most of our staff is operating remotely. Our attorneys and staff are still available to help you by phone and email. If you get our voice mail, please leave a message and it will be returned promptly. There may be delays with mail due to the crisis, so please try to send documents by email after submitting a contact form here or fax to 312-419-0379, if possible.

Blog Posts in Banking

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  • Predatory Loan Prevention Act  --  Illinois reduces interest rates on consumer debts effective March 23, 2021
    Predatory Loan Prevention Act -- Illinois reduces interest rates on consumer debts effective March 23, 2021

    llinois Governor J.B. Pritzker on Tuesday, March 23, 2021, signed into law the Illinois Predatory Loan Prevention Act (SB 1792, 815 ILCS 123/15-1-1 et seq.) that caps rates at 36% on consumer loans ...

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  • Internet Payday Loans
    Internet Payday Loans

    Question: What should I do if I got served with court papers for breach of contract and fraud for multiple Internet payday loans? I had several online payday loans prior to July 2013. One became 2 and ...

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  • Free consultation  --  collection, foreclosure  and credit reporting problems
    Free consultation -- collection, foreclosure and credit reporting problems

    We offer free consultation to persons with debt collection, foreclosure and credit reporting problems. With respect to collection and foreclosure problems , please send whatever letters, notices, ...

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  • Statute of Limitations on Bad Check in Illinois
    Statute of Limitations on Bad Check in Illinois

    Question: Is there a Statute of Limitations on a bad check? Answer: 2 years for statutory penalty (measured from dishonor); 3 years for liability on the check (same); the underlying obligation may be ...

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  • Stop payment orders on checks.
    Stop payment orders on checks.

    Please contact us if you stopped payment on a check in Illinois and someone other than your own bank is trying to collect anything more than the face amount of the check from you.

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  • Please contact us if your bank refuses to honor requests  to stop debiting your account
    Please contact us if your bank refuses to honor requests to stop debiting your account

    The Consumer Financial Protection Bureau (CFPB) entered into a settlement with USAA Federal Savings Bank . The CFPB complained that USAA would not allow consumers to stop debits of their accounts by ...

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