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Common Legal Mistakes in Residential Real Estate Transactions

When you are purchasing or selling a residential property, you need to be vigilant through the process and make sure to complete all the legal requirements. While residential real estate transactions are not of complicated nature and generally go smoothly, there are a few important legal issues that you must be aware of to avoid any implications during the process. When such a huge investment is on the line, even the smallest of legal mistakes can create major problems for both the buyer and seller. It is essential to work with an experienced r... Read more

Legal Separation or Divorce – Which Option is Suitable for You?

If you are experiencing problems with your spouse and have become uncertain about living together, you may think divorce is the only option you may have at your disposal. However, there is another option known as legal separation that allows couples to live separately and evaluate whether they really want to split their marriage. Legal separation offers the same level of protection as a divorce, and serves as a good way to resolve any conflicts with your spouse and move ahead with your life. However, legal separation is not always a good option... Read more

Why You Should Consider Working with an Attorney during a Short Sale

With today’s unstable economy and fluctuating prices of the real estate market, an increasing number of homeowners are finding it difficult to stay current with their mortgage payments. Unemployment, emergency expenses, divorce, fraud, and excessive obligations are just a few reasons why a homeowner may not be able to make payments of their mortgage loan. Under such circumstances, going for a short sale may be the best option available to you. However, there are several legal intricacies involved in the process which may require working with ... Read more

Understanding the Changes in Illinois Child Support Law

Starting from July 1, 2017, the method used for determining child support in divorces has changed. The Illinois Department of Healthcare and Family Services (IDHFS) will now use the income shares model for the calculation of child support payments. Previously, the percentage method was used where the amount of child support was calculated based on the net income of the paying spouse and the number of children during the marriage. It is important to note that child support orders that were established before July 1, 2017 will not be affected by ... Read more

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