Involuntary bankruptcy is a legal process by which creditors can force an individual or business to enter into bankruptcy. The creditor must petition the courts to initiate the bankruptcy proceedings and the indebted party can file an objection to force a case. Having this option gives creditors some degree of protection against individuals or businesses who may otherwise take advantage of the business.
When someone dies their estate enters probate. The decedent’s assets will be distributed based on whether a will exists or not. Estate probate cannot be put on hold indefinitely because a family member or potential legatee believes a will exists somewhere. There are deadlines associated with estate probate in Illinois. Extensions can be granted, but typically the process must have started within 30 to 45 days after death. If no will can be found the assets will be will spread evenly to the appropriate family members by the estate administrator assigned to the case.
The list of problems that can arise during a real estate transaction is lengthy and without an attorney to handle those problems, should they arise, the process can be scary. Beyond issues that can happen with any real estate transaction, certain scenarios nearly demand to have an experienced attorney. Below we’ll cover five common scenarios when, as a seller or buyer, you should hire a real estate attorney and what you risk by not having one on your side.
We offer free, paid & online consultation in nearly every area of law throughout Illinois and Iowa. We have a range of options to assist you with your legal needs.
.png){kind=small}
.png){kind=small}
Buyer’s remorse, we’ve all felt it at one point or another in our lives. You move into a new area and decide to check out the facilities at the local gym with no intention of buying a membership. Thirty minutes later you’re walking out the door with a year-long agreement and a stomach ache because they had a twenty percent discount on memberships that day. In general, Iowa does not provide consumers with the right to cancel all types of consumer contracts within a given period of time, but there are some exceptions depending on the industry.
Owning a business comes with inherent risk. Adding employees and hiring independent contractors is great as it means your business is growing, however, each new employee is a potential source of conflict. While having a thorough hiring process will weed out any bad apples, a detailed contract, including a non-compete clause, will ensure trust, transparency, and protection for both the business and the employee.
Involuntary bankruptcy is a legal process by which creditors can force an individual or business to enter into bankruptcy. The creditor must petition the courts to initiate the bankruptcy proceedings and the indebted party can file an objection to force a case. Having this option gives creditors some degree of protection against individuals or businesses who may otherwise take advantage of the business.
We offer free, paid & online consultation in nearly every area of law throughout Illinois and Iowa. We have a range of options to assist you with your legal needs.
Involuntary bankruptcy is a legal process by which creditors can force an individual or business to enter into bankruptcy. The creditor must petition the courts to initiate the bankruptcy proceedings and the indebted party can file an objection to force a case. Having this option gives creditors some degree of protection against individuals or businesses who may otherwise take advantage of the business.
When someone dies their estate enters probate. The decedent’s assets will be distributed based on whether a will exists or not. Estate probate cannot be put on hold indefinitely because a family member or potential legatee believes a will exists somewhere. There are deadlines associated with estate probate in Illinois. Extensions can be granted, but typically the process must have started within 30 to 45 days after death. If no will can be found the assets will be will spread evenly to the appropriate family members by the estate administrator assigned to the case.
The list of problems that can arise during a real estate transaction is lengthy and without an attorney to handle those problems, should they arise, the process can be scary. Beyond issues that can happen with any real estate transaction, certain scenarios nearly demand to have an experienced attorney. Below we’ll cover five common scenarios when, as a seller or buyer, you should hire a real estate attorney and what you risk by not having one on your side.
Involuntary bankruptcy is a legal process by which creditors can force an individual or business to enter into bankruptcy. The creditor must petition the courts to initiate the bankruptcy proceedings and the indebted party can file an objection to force a case. Having this option gives creditors some degree of protection against individuals or businesses who may otherwise take advantage of the business.
When someone dies their estate enters probate. The decedent’s assets will be distributed based on whether a will exists or not. Estate probate cannot be put on hold indefinitely because a family member or potential legatee believes a will exists somewhere. There are deadlines associated with estate probate in Illinois. Extensions can be granted, but typically the process must have started within 30 to 45 days after death. If no will can be found the assets will be will spread evenly to the appropriate family members by the estate administrator assigned to the case.
The list of problems that can arise during a real estate transaction is lengthy and without an attorney to handle those problems, should they arise, the process can be scary. Beyond issues that can happen with any real estate transaction, certain scenarios nearly demand to have an experienced attorney. Below we’ll cover five common scenarios when, as a seller or buyer, you should hire a real estate attorney and what you risk by not having one on your side.
We offer free, paid & online consultation in nearly every area of law throughout Illinois and Iowa. We have a range of options to assist you with your legal needs.
Oops! Something went wrong while submitting the form :(
