By Andrew R. Schwartz | Published August 1, 2025 | Posted in Collections | Tagged Tags: collectability, execution, Wage | Comments Off on What Tools Are Available for Collecting on an Illinois Judgment?
Illinois law provides several methods that creditors can use to collect on a judgment. The collectability of a judgment depends on carefully searching for the debtor’s assets and tracing any transfers of property that preceded the entry of the judgment. The collection process becomes more complex if the judgment debtor files for bankruptcy protection. These Read More
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Illinois law entitles judgment creditors to initiate supplementary proceedings to discover assets or income of a judgment debtor. Judgment creditors can use this process to seek out non-exempt assets or income by examining both the judgment debtor and other individuals who may hold relevant information. The remedy is particularly useful where the debtor may have Read More
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A fraudulent transfer or conveyance occurs when a debtor voluntarily depletes or dissipates their own assets to the point that they cannot fully repay the claims of creditors. A preferential fraudulent transfer involves a payment or transfer of money or property to certain creditors when the debtor was already insolvent. The Uniform Fraudulent Transfer Act Read More
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Whether you’ve won a legal case, performed professional services or leased commercial property to a tenant, collecting the payment often proves to be the toughest part of the task.
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On November 5, 2014, the Illinois Appellate Court, First District, preliminarily released its opinion in Wells Fargo Bank Minnesota, NA v. Envirobusiness, Inc., 2014 IL App (1st) 133575, which provides important guidance on several aspects of collection law under §2-1402 of Illinois’ Code of Civil Procedure (“Code”).
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How can I collect on a judgment? Illinois law has several methods to help creditors collect on their judgments. The primary collection methods are citation proceedings, garnishments and judgment liens.
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Much of our practice focuses on helping out-of-state judgment creditors collect debts from debtors with assets in and around the Chicago metropolitan area. This blog post addresses a number of FAQs that we get from time to time.
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