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How Does A Deficiency Judgment Impact Illinois Foreclosure?
Are you facing foreclosure in Illinois? The foreclosure process is complicated, and it can have financial consequences that last for years. In addition to issues related to foreclosure, the lender can get a deficiency judgment against you for the outstanding balance when the foreclosure is done. Learn about deficiency judgments in this blog post, and speak to our Illinois foreclosure attorneys today if you need assistance. Deficiency Judgment Overview In Illinois, the lender can ask the court to approve a deficiency judgment if they want to pur...
How Can I Protect My Home In An Illinois Divorce?
During an Illinois divorce, a typical disagreement is who gets the house. There is no rule about who gets the house in this situation, but there are ways that you can protect your home and other assets if divorce occurs. Learn more in this article, and speak to our DuPage County divorce lawyer to learn how to protect your assets in a divorce. Protect Yourself With A Prenuptial Agreement The first way to protect specific assets, such as a home, in a divorce, is to draft a prenuptial agreement before the marriage. A prenuptial agreement signed by...
Why Unmarried Fathers Should Care About Paternity
While many children are born out of a traditional marriage or partnership where it is clear who the father is, that is not always so. Therefore, finding out who the child’s father is in some situations is necessary. Paternity is legally establishing the identity of a child’s father, usually but not always through DNA testing, and it is often a critical factor in divorces regarding child support and custody, inheritance, or adoption. If you have questions about paternity, our Warrenville family law attorneys at Covert Marrero Covert LLP can ...
How To Talk To Your Children About Divorce
When you get divorced, telling the children is one of the most challenging parts. However, many people and their kids have gone through a divorce and dealt with the challenges, and you can, too. Keep reading to learn how to talk to your kids about divorce, and contact our divorce attorneys in DuPage County if you have legal questions. Plan What You Will Tell Them Psychology Today stresses the importance of putting your kids first when talking about divorce. This means carefully planning what you say and not allowing hurt or anger to come throug...
How Short-Term Rentals Have Impacted Real Estate Prices
In recent years, real estate websites, such as Airbnb and HomeAway, have affected the real estate market nationwide because the supply of short-term rentals has increased eight times since 2011. As a result, Airbnb and similar short-term rentals (STR) have become highly popular investments that look to continue for the foreseeable future. However, there has been considerable debate in many cities about the impact of short-term rentals on the availability and prices of real estate. Many say an ‘Airbnb effect’ hits many communities as hosts t...
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