(309) 788-2800 mcfe@mcfe-law.com

Real Estate Installment Sales Contracts

Since the housing market crash in 2008, more and more people are choosing to buy on contract instead of seeking a traditional mortgage. What this means is buyers are choosing to live in a house while directly paying the seller a contract payment over time instead of...

Illinois Probate Proceedings

Illinois law requires probate proceedings in the event a parent passed away and she owned either any real estate or personal property of $100,000.00 or more.  However, if your mom passes away with no real estate and her other assets are less than $100,000.00 at the...

The U.S. Supreme Court issued a decision regarding barred stale claims during bankruptcy proceedings and violations under the Fair Debt Collection Practices Act. Midland Funding LLC v. Johnson was originally heard in the Southern District of Alabama. The specifics...

2015 Legislative Update, Part 2

As we noted in Part 1, a substantial revision of the Illinois Marriage and Dissolution of Marriage Act is among the bills sent to governor Rauner this legislative session. The following is the second list of bills organized by topic, as originally published by the...

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