Blog Posts in Uniform Commercial Code

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  • Statutes of Limitations
    Statutes of Limitations

    Q. I forgot about a debt from 10 years ago. Now they are threatening to sue me. Can they get a judgment after 10 years? A. The principal statutes of limitation in Illinois are 4 years for the sale or ...

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  • New Methods of Tracking and Repossessing Cars
    New Methods of Tracking and Repossessing Cars

    If you have a car with a starter interrupt/ ignition shutoff and the seller/ finance company activated it at any time within the last two years, or if you were unable to use the car as a result, ...

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  • Surrender vs. Sale When You Cannot Afford to Pay for Vehicle
    Surrender vs. Sale When You Cannot Afford to Pay for Vehicle

    Question: We are letting our atv go to repo, we are wondering if they can come back on us for what is owed? The atv was purchased with a credit card through the company that makes it. We have never ...

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  • Starter interrupt devices
    Starter interrupt devices

    Please contact us if you have been unable to start a car because of a starter interrupt device installed by a car dealer to insure payment.

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  • Overland  Bond
    Overland Bond

    Please contact us if you are being sued by Overland Bond & Investment in Cook County, Illinois

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  • Can Secured Creditor Obtain Vehicle from Police?
    Can Secured Creditor Obtain Vehicle from Police?

    Question: The police impounded my car and gave it to my bank. The car had not yet been paid for. The bank sold my car at auction without my authorization. Can I sue the bank? Answer: No. All security ...

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