April

Blog Posts in April, 2015

  • Major $2 million verdict for Illinois homeowner

    On April 21, 2015, a jury rendered a $2 million verdict in the case of Elena Hammer v. Residential Credit Solutions, Inc. Via our firm, Ms. Hammer sued RCS for breach of contract, violations of the Real Estate Settlement Procedures act, and for ...
  • U.S. Supreme Court To Decide Fair Credit Reporting Act Case

    On April 27, 2015, the U.S. Supreme Court granted a petition for writ of certiorari in Spokeo, Inc. v. Robbins, an appeal from the ruling of the 9th Circuit Court of Appeals. The issue on appeal is whether Article III of the U.S. Constitution allows ...
  • Chapter 11 filings declining

    Illinois business owners may be interested to learn that the rate of filed business bankruptcies is falling across the country. Illinois Chapter 11 filings, however, demonstrated the largest gain in the country in 2014, increasing by 6 percent since ...
  • Federal lawsuit exposes massive debt collection fraud

    Consumers in Illinois should beware fake debt collectors that use intimidating tactics to defraud people of money they do not owe. The Consumer Financial Protection Bureau has filed a lawsuit in federal court on behalf of consumers against one group ...
  • Many homeowners remain in their homes after foreclosure

    Homeowners in Illinois who are facing foreclosure may be able to keep living in their homes, according to a recent report. The article concluded that a majority of homeowners who have defaulted on their mortgages are still living in their homes, and ...