Illinois Banking Law Attorneys
The banking law attorneys at the law firm of Scott N. Sliwinski, P.C., in Kankakee, Illinois, represent community banks throughout Illinois. We advise financial institutions and individuals involved in all types of simple and complex financial transactions, including creditor bankruptcy work, complaints to avoid discharge of debtors, and litigation arising out of banking and financial relationships between businesses and between businesses and consumers. We also handle credit issues dealing with credit cards and mortgage documents, loans, and other general lending and banking matters.
We assist our business and banking clients with collection of delinquent accounts. We have extensive experience in collections and follow the guidelines of the Fair Debt Collection Practices Act (FDCPA). We utilize the legal system to help our clients recover funds. Our methods include bank garnishments, wage garnishments, placing liens on real property, and attaching personal property such as automobiles, boats, and other tangible items.
We work with corporate clients who need legal counsel to address cash flow problems concerning workouts, restructuring, and corporate dissolutions. We have worked out arrangements with creditors to extend repayment schedules, reduce interest rates and otherwise lower monthly debt obligations. We have utilized legal vehicles to restructure companies and separate the debt-ridden components of a company from profit-producing units. We also work with businesses with little or no prospect of financial solvency, guiding them through the process of dissolving the corporation.