Multi-State Business Litigation Articles

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.

O'Flaherty Law has always offered in person consultations at our nine convenient locations, but did you know that you can receive a consultation and receive legal services from one of our experienced and knowledgeable attorneys without leaving your home? We also include update local court information.

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.

O'Flaherty Law has always offered in person consultations at our nine convenient locations, but did you know that you can receive a consultation and receive legal services from one of our experienced and knowledgeable attorneys without leaving your home? We also include update local court information.

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.

O'Flaherty Law has always offered in person consultations at our nine convenient locations, but did you know that you can receive a consultation and receive legal services from one of our experienced and knowledgeable attorneys without leaving your home? We also include update local court information.