A guarantor is, in general, an individual who has agreed, in writing, to pay a debt if the original debtor is unwilling or unable. If you are in the business of supplying goods or services based on an underlying credit agreement, you should touch base with the...
Home repairs and renovations are often more stressful and expensive than homeowners want. Between unexpected structural issues, delays and other problems, these projects can quickly spiral out of control. When you hire a contractor, they should be able to navigate...
Homeowners in who face foreclosure in Chicago could still be pursued for the remaining balance. Some lenders may file a deficiency judgment as an attempt to collect the difference between the money made on the foreclosure sale and the loan balance. Lenders seldom make...
By Adam Whiteman, Commercial Collection Attorney The implied warranty of habitability is a creature of the law. It was literally an innovation of judges created to protect homeowners/buyers from unscrupulous builders. Initially, it was intended to apply directly...
