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My mother's name is on the Illinois unclaimed property list, by my neglect and procrastination. Must I go through the State of Illinois/Cook County, where she resided and died, to claim this property? I would prefer to go back to the sources (Chase checking account on which I am joint holder;... View More 
answered on Nov 17, 2020
In most states once assets are escheated (turned over) to the state, that is your exclusive way to recover those assets. You must go to the state as the holders of these assets have turned them over to the state. If your state is anything like PA, this process is very detailed, complex and time... View More
The lake county clerk’s office said they are not giving those out letters out which is impossible
answered on Nov 16, 2020
A petition, affidavit, consent of the remaining heirs and other papers need to be filed with the Probate Division of the Circuit Court. Once the Probate Judge reviews all of the papers and they are in good order, he/she will make the appointment of independent administer.
It’s been a month and they are barley telling me this isn’t that like not right ?
answered on Jul 20, 2020
This is a Spot Delivery scam. It is happening more often now. Since a month has gone by, you may be able to force the dealer to finance it themselves. In other states, they only have 10 days for the seller's right to cancel. In IL, you need to read your sales contract for the term. If you... View More
I am a banquet hall business owner. My bank has refused to give me relief on mortgage payments because I was already behind 2 payments due to the increase in property taxes in the county. The bank has filed for foreclosure during covid and intends to appoint a receiver in June 2020. At this point,... View More
answered on May 18, 2020
I can't tell from your facts if you are facing a business bankruptcy, a personal bankruptcy or both. However, it sounds like you need a mechanism to stop the litigation and to liquidate debts in an orderly fashion. That is one of the functions of a bankruptcy case. I need to know more about... View More
My mom‘s fiancé recently passed away in September. He had a 2009 Lincoln MKS that I was driving up until two months ago when I took it to the bank for them to put it in the auction with the intention of buying it back. They told me that I had to wait until the auction opened up and bid on the... View More
answered on May 2, 2020
If you turned title to the car over to the bank, then yes - they own the car and can do with it what they want. Unless you have a written agreement with the bank that obligates them to put the car up for auction so you could bid on the vehicle, the bank had no requirement to do that.
My bank has refused car loans and then refused a lower motorcycle loan, so I could have transportation after lease end. The amounts were $12,500 & $11,164 - then 3rd app was for $8,500.
All refused due to "too many inquiries. While that bank was the only inquiry on the credit... View More
answered on Apr 3, 2020
No. American banks can refuse loan applications for any financial reason--whether you think it is the right decision or not. Learn this lesson right now:
ALL banks are ALWAYS looking out for THEMSELVES first, not for their customers. Banks do not care about you, nor do they want your... View More
This company has been using payroll checks that can’t be cashed because of insufficient funds for over 3 months now
answered on Mar 27, 2020
Based upon your description I would recommend that you contact the Illinois Department of Labor and make a claim for the salary/wages you are apparently owed which have not been paid for three months. Here is a link to the website: https://www2.illinois.gov/idol/Pages/Complaints.aspx... View More
Her house almost went into forcloser. she sold it first. and paid off the bank loan she had. she took the check with remaining money and put in a saving account we share before she died . Now she is gone and the bank is saying they really should have gotten a little more money. The saving account... View More
answered on Oct 30, 2019
Established facts:
1. The bank already got the money they asked for in the sale.
2. Your mother already got the money left over from the sale of her house.
3. The money your mother received was deposited into a joint account owned by you and your mother.... View More
answered on Aug 14, 2019
As far as the adverse impact on the recipient goes, the answer is yes, they are the same. However, bank wires are usually much more reliable than checks-- and thus do not "bounce" as easily. At least that is the way it was when I was an operating officer in a large bank.
answered on May 24, 2019
Yes, it is a crime to cash or attempt to cash a cancelled check.
The banker, who was with us from start to finish, neglected to have him endorse the checks, but he was fully present and agreed to the deposit. None of the money was spent until a few weeks later, when, unbeknownst to me, my brother got the bank to move the entirety of the funds from my acct (I was... View More
answered on Sep 12, 2018
A check is not valid unless it is endorsed by the person who is cashing it. Therefore, you cannot deposit an unendorsed check. You have no recourse against the bank.
No one is on the bank acct. but My Father. She is his ex wife but we have no papers to prove that.
answered on Jun 14, 2018
If your brother is the executor he needs to file the necessary paperwork with the Court in the County where your father resided at the time of his death. That being said, there is a significant amount of work that must be put into your father's estate to ensure it is properly handled. You... View More
Can I write a check on her own personal checking account to get half of it back?
answered on Mar 23, 2018
You can't write a check drawn on your wife's account if you're not listed with the bank as a person authorized to do so. If there is a pending divorce case, let your lawyer know what she did as quickly as possible (before the refund is spent), especially if there is a court order... View More
He owned a house on which there is a mortgage. Nothing has been done with the name on the mortgage and his girlfriend is living there and making payments. The mortgage is now in default. Will this affect my daughter's credit? They want to sell the house and evict the girlfriend. How should... View More
answered on Mar 8, 2018
The house will stay in husband's name until legally taken off through mortgage foreclosure or tax sale.
Only other way is for a probate estate to be opened and the house sold.
If the daughters are not on the note to the house, they have no liability.
Often, when a house... View More
answered on Jan 15, 2018
You will, no doubt, need to pay off all of the debts affecting the house by no later than the closing date.
My great grandparents left me and my sister a trust by name it also stated it would be split with any other biological children. My father is claiming he is taking me off since im not his biological child. But he did sign my birth certificate on the day i was born knowing my mom was already... View More
answered on Jan 14, 2018
The answer is going to depend on the exact wording on the trust. It would be unusual for the person creating a trust to give someone else the power to determine who benefits from it.
I am in another state helping my family member with their kid because they are in the hospital and I am unable to work because of this he is saying I could face jail time and fines because I'm not paying on it because I'm unable to work at this time
answered on Jan 4, 2018
You haven't provided enough info to allow for a complete answer, but I can say this much. Our law is far from perfect, but it is not without understanding. He can take you back to court and seek to have you held in contempt for failing to pay what you were supposed to pay under your Judgment,... View More
I have proof of the amount he will be receiving but he is lying about it. He has stated they haven't settled it yet, but my picture proof shows the amount and that he, my husband, has agreed to the amount. Our marriage is rocky so I suspect he will keep most of the settlement in a secret... View More
answered on Nov 17, 2017
He can try to keep all of the settlement, but it is a marital asset, and your would be entitled to your equitable share of it if you were in an actual divorce situation. If there is no divorce case involved, he if free to do whatever he wishes with the settlement proceeds. You will be entitled to a... View More
Water was all in the house and around it and soo high, if the bank had told us that it was in a flood zone then we would have gotten flood insurance and wouldnt be stuck with all the damages now
answered on Jul 13, 2017
I understand your frustration, and unfortunately this happens quite often. Your options and remedies depend on very specific facts that are not provided here, such as the specific representations that were made by the seller's and bank in regards to your home being in a flood zone, and the... View More
My friend who worked at a bank originally opened 2 checking accounts for me. I was there for the opening of these accounts. He then lied and put in the system that I make more money than I actually do so I would get approved for 2 lines of credit. He had my debit card and ended up taking the money... View More
answered on May 8, 2017
How could all of this be going on without you being aware of it.
Banks send monthly statements. Anyway, they don't honor checks if there is no money in the account.
Credit cards do the same thing. They send monthly statements and if you go over they refuse to honor charges.... View More
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