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Illinois Probate Law- Doctrine of election doesn’t apply where there are no inconsistent claims to property of the estate

Illinois Probate Law- Doctrine of election doesn’t apply where there are no inconsistent claims to property of the estate

by Dan Sugrue | Sep 20, 2013 | Wills & Estate Law

In the case of In Re ESTATE OF BOYER, 2013 IL 113655, the Illinois Supreme Court deals with the old and little used legal doctrine of election in probate law. The case involved an man living in the Alzheimer’s unit in a nursing home in La Grange Park, and...
Bankruptcy Law-Chapter 13 creditor’s claim for second mortgage

Bankruptcy Law-Chapter 13 creditor’s claim for second mortgage

by Dan Sugrue | Sep 18, 2013 | Bankruptcy Law

In re: Stephen and Angela Brisco, 11 B 34774, involves an adversary proceeding where one creditor in a Chapter 13 Bankruptcy case, the Small Business Administration (SBA) is objecting to a proposed plan (not yet confirmed) in which it wouldn’t recover funds from...
Bankruptcy Law – Motion for Relief from Stay is a creditor’s remedy, not a debtor’s remedy.

Bankruptcy Law – Motion for Relief from Stay is a creditor’s remedy, not a debtor’s remedy.

by Dan Sugrue | Jun 1, 2013 | Bankruptcy Law, General Legal

The United States Bankruptcy Court for the Northern District of Illinois, just ruled on a case regarding a motion for relief from stay, but with a twist. In almost every case, it’s the creditor who’s asking for relief from the automatic stay after a debtor...
Bad news for the Twinkie, Hostess mediation fails

Bad news for the Twinkie, Hostess mediation fails

by Dan Sugrue | Nov 26, 2012 | Bankruptcy Law

A last ditch effort at private mediation failed on Tuesday, setting Hostess on a course for liquidation, assuming the bankruptcy court does not grant pending objections to the plan submitted by Hostess. Here’s the story:...

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