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Blog Posts in Statute of Limitations

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  • Crown Asset Management  --  debt buyer
    Crown Asset Management -- debt buyer

    Please contact us if debt buyer Crown Asset Management is attempting to collect money from you in Illinois, or has so attempted within the last year. They file numerous lawsuits in local courts. We ...

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  • Statute of limitations in Illinois on an equity line of credit (HELOC)  is five years, not ten
    Statute of limitations in Illinois on an equity line of credit (HELOC) is five years, not ten

    We received a ruling from the Circuit Court of Cook County on December 12, 2018 that the Illinois statute of limitations on an equity line of credit is five years, not ten years. (An appeal from this ...

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  • Cavalry SPV / Cavalry Portfolio Services  --  debt buyer
    Cavalry SPV / Cavalry Portfolio Services -- debt buyer

    Please contact us if debt buyer Cavalry SPV or its related collection agency Cavalry Portfolio Services is attempting to collect money from you in Illinois, either directly or through a collection ...

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  • Automobile Debt
    Automobile Debt

    Question: Can a car finance company sue me for a car I don’t have? A loan company sued my husband and I for a car. We tried to return it to them in 2009 but it had broken down and they would not take ...

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  • Illinois Statutes of Limitations
    Illinois Statutes of Limitations

    Question I forgot about a debt from 10 years ago. Now they are threatening to sue me. Can they get a judgment after 10 years? Answer If you have old debts, a collector may not be able to get a ...

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  • LVNV Funding and PYOD  --  debt buyers
    LVNV Funding and PYOD -- debt buyers

    Please contact us if debt buyer LVNV Funding or its sister debt buyer PYOD is attempting to collect money from you in Illinois, or has attempted to do so within the last year. We can help you both ...

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