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Attorney James Liu joined FactorLaw as an associate in the Downtown office effective October 12, 2015. Prior to joining FactorLaw, James was a Judicial Clerk for the Honorable Jack B. Schmetterer of the United States Bankruptcy Court for the Northern… Read More

The Supreme Court has agreed to decide whether a transfer designed to hinder, delay or defraud a creditor renders the amounts owed to the creditor non-dischargeable. Read More

According to the American Bankruptcy Institute, U.S. bankruptcy filings totaled 629,570 during the first nine months of 2015 (Jan. 1-September 30), an 11 percent decrease from the 705,728 total filings during the same period a year ago, according to… Read More

Two top U.S. banks are preparing to delete negative credit reporting records for some borrowers who filed for bankruptcy, after facing accusations of letting poor marks for unpaid debt haunt borrowers’ credit even after the debt was canceled, the W… Read More

FactorLaw is pleased to announce that Zane Zielinski has joined us as a partner, specializing in bankruptcy, real estate transactions and commercial litigation. We are excited to have Zane as part of our team, and believe he adds considerable depth t… Read More

ABA JOURNAL — U.S. SUPREME COURT Chemerinsky: What these 3 decisions tell us about SCOTUS inconsistency By Erwin Chemerinsky Sep 2, 2014, 08:30 am CDT The justices on the Supreme Court often vocally disagree as to how federal statutes should be… Read More

Yesterday, July 14, 2014, Illinois Attorney General Lisa Madigan filed lawsuits against two debt settlement companies, Broadsword Student Advantage LLC, and the Chicago based First American Tax Defense LLC. Read More

On May 29, 2014, William Factor gave a presentation to the Union League Club’s Real Estate Committee on the state of the law with respect to Single-Asset Real Estate Bankruptcy. Read More