March

Blog Posts in March, 2013

  • Assets vs. Liabilities

    I recently read two blog posts that raise an excellent point about the true nature of assets and liabilities. Owning stuff does not always translate into owning assets. For example, a house that is underwater is not an asset -- it's a liability. On ...
  • The "Rambo-type Foreclosure Litigator" -- A Rebuttal

    I never knew that I was an action hero. A recent opinion piece at Housing Wire indicates that I may very well be one. As a consumer defense attorney, you soon discover that the members of the creditor's bar are generally not your biggest fans. After ...
  • Are Bad Check Debts Dischargeable In Bankruptcy?

    In Illinois, intentionally writing a bad check is a felony offense. (720 ILCS 5/17-1) The statute section is titled, "Deceptive Practices." This statute section also creates a civil cause of action against the writer of a bad check. One of the ...
  • On February 28, 2013, the Illinois Supreme Court issued an order postponing the effective date of new Rules 99.1, 113, and 114 until May 1, 2013. The delay will give the Special Committee that drafted the rules time to deceide whether the new rules ...