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Payment Plans Settlement

Hudson Cook, LLP

CFPB Bites of the Month - 2023 Annual Review - Student Lending

Hudson Cook, LLP on

In this article, we share a timeline of our monthly "bites" for 2023 applicable to student lending along with some information related to financial products and services offered to students....more

Laner Muchin, Ltd.

New Illinois Law Sets Default Deadlines For Defendants To Tender Settlement Agreements And Make Settlement Payments

Laner Muchin, Ltd. on

Effective January 1, 2014, a new Illinois law amending the Illinois Code of Civil Procedure will, unless otherwise agreed by the parties, require defendants settling certain claims to provide plaintiffs with a draft...more

Ogletree, Deakins, Nash, Smoak & Stewart,...

New Illinois Legislation Requires Settling Defendants In Certain Civil Litigation To Promptly Deliver Releases And Payments To...

A new Illinois law aimed at preventing defendants from delaying payment after agreeing to settle a claim will impact Illinois employers that settle certain tort claims. The new section of the Civil Practice Law, “Settlement...more

Winstead PC

Beware Of "Pocket" Judgments In Settlement Negotiations

Winstead PC on

In settlements, we often request that the debtor enter into an agreed judgment, perhaps with a simultaneous forbearance agreement outlining a payment plan. Debtors are often reluctant to sign these and typically ask that the...more

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