Recent content by sdo1

What is the name of your state (only U.S. law)? Illinois Almost 8 years ago I financed a piano from a bank. Seven years ago I filed chapter 7 and was discharged. (The piano was included in the bankruptcy).Initially I tried to reaffirm the piano, but couldn't come to an agreement. The bank...

What is the name of your state (only U.S. law)? Illinois I need to assign a judgment from my company to myself. I need to file an Acknowledgment of Assignment of Judgment. I cannot find a form for this anywhere. I did find an Assignment of Judgment. However, I don't know if this is the same...

What is the name of your state (only U.S. law)? Illinois This is a collection effort to obtain a judgment. I filed a case in Dupage County a couple of months ago. The defendant did not respond to the complaint. I then filed a motion for default judgment. On the day the motion was to be heard...

What is the name of your state (only U.S. law)? Illinois I'm not sure if this is the correct forum for this question. I apologize in advance. Are child support arrears (that have been reduced to a judgment), exempt from creditors? (In most cases) The judgment is an asset... However, another...

What is the name of your state? Illinois Is there any way in the citation to discover assets process that I can enter the debtors home. The home is worth around 1.7 mil and I can only assume based on past experience that the debtor will be less than truthful as to the value and existance of...

What is the name of your state? Illinois What does this mean for me as a creditor. I'm unclear on the 365 days and the $5000.00 Illinois, Michigan, California Illinois, Michigan, and California currently do not have creditor protection statutes for 529 plans in place (other than what is...

What is the name of your state? Illinois I am currently collecting on a judgement from my debtor. I am looking for other ways to collect as well. Bank Levys etc... I just found out that this person has 4 - 529 college plans set up with a ton of money in them. Does anybody know if these are...

What is the name of your state? Illinois I just started collecting on my judgement through a wage garnishment. :) The amount is $3,000.00 per month. However this leaves a shortfall of $1785.00 per month in interest alone (9% in Illinois). The sol is 20 years on the judgement. Does the sol start...

What is the name of your state? Illinois I have a judgement for 638K. How long is this good for in Illinois? Can it be renewed? If I cannot collect by this time, can I sue again and get another judgement? Or, considering 9% intrest will accrue, can I just keep updating the judgement - there...

Illinois My discharge was granted 2 years ago. I kept a 53k piano and have continued to make payments on it over the last two years. I (never) signed a reaffirmation agreement in regards to this debt. I fell behind 2 payments ( 50 days). I sent in the 2 late payments and an additional payment...

What is the name of your state? Illinois I currently have a judgement for $638k. I am in the process of garnishing wages and I want to levy the bank accounts as well. My guess is that the levy will only work once (I think they will close the account). I believe that after the initial levy, the...

What is the name of your state? Illinois A couple bought my business from me 2 years ago. Both spouses signed personally and individually. Almost immediately they divorced and the wife remarried. In the divorce decree, the husband held the wife harmless for this debt(obviously, this does not...

What is the name of your state? Illinois I am currently in the process of getting a debtors bankruptcy discharge revoked for numerous acts of fraud:) This should happen in a couple of months. Assuming this happens, I want to be prepared to collect from this debtor. Six months before filing...