Unfortunately, COVID-19 has left many businesses in the lurch, causing many business owners no other option but to close. What is a creditor to do when a business still owes a debt, but you’re not sure if the business is still viable? Here are a few tips to consider before you continue to chase after a debtor business.
Read MoreWe’ve compiled the most relevant resources put out by Illinois Courts’ relating to how they are handling COVID-19 and the changes they have made as a result.
Read MoreFrequently asked questions and answers about remote court hearings and attending court by Zoom.
Read MoreUntil further notice, court hearings will take place over Zoom. Here are our top tips on how to prepare for and attend your upcoming virtual court hearing.
Read MoreOn behalf of Lichtman Eisen Partners, Ltd. I have written a letter to the Illinois Congressional Delegation, Senator Duckworth and Senator Durbin, to urge them to revise and strike prohibitions on debt collection from the recently passed “COVID-19 HERO Act.”
Read MoreAs restaurants saw their revenues plummet and the usual monthly bills, like rent, continued to roll in, they began to panic. Hitz Restaurant Group (Hitz), a multi-concept restaurant operator based in Chicago, was one of them. The restaurant group leased space from Kass Management Services, Inc. (KSM) and on February 24, 2020, filed for Chapter 11 bankruptcy protection from its creditors, KSM, citing the loss of sales from the COVID-19 pandemic as to why they were unable to pay rent.
Read MoreAs COVID-19 spreads around the world, businesses are facing unprecedented economic and operational challenges. Despite the rapidly evolving and unusual circumstances this pandemic has created, it is still possible to be proactive in collections. Follow these three tips to increase your chances for success and get paid what you are owed today.
Read MoreDeny. Delay. Do Not Pay. Things can be frustrating when a debtor is clearly trying to evade paying their bills. But, once you can identify and understand these tactics, you can figure out what next steps you can take to go about professionally collecting on those debts.
Read MoreWe decided to shake things up! Check out our new website, blog and e-newsletter.
Read MoreA small firm like ours allows each and every employee to work closely with one another, as well as become familiar with all files in the office. Rather than having a one-size-fits-all mentality, we are able to customize litigation and collection strategies.
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