Teller, Levit & Silvertrust, P.C. CAN REACH OUT AND TOUCH MORE DEBTORS

Did you know that 85 percent of all economic transactions in Illinois take place in Cook, Lake, DuPage and Will Counties? Corporations located outside of these 'prime northeastern counties' frequently use attorneys and registered agents operating inside these counties. Many agency forwarders are surprised to learn that a lawsuit can generally be filed in one of these northeastern counties against any debtor, even though the debtor may be located in some other part of Illinois, if any part of the transaction has taken place between the debtor and a creditor in any of these counties, (i.e. the order was accepted in one of the counties or the creditor ships goods out of one of the counties).

Accordingly, most lawsuits can be filed in Northeastern Illinois against debtors located outside of the counties Cook, Lake, DuPage and Will. This information, if recognized by agencies, will allow them to utilize the services of law firms such as Teller, Levit and Silvertrust P.C., in Northeastern Illinois. This will make lawsuits more difficult for debtors to defend since court appearances will usually require the commercial debtor to expend more costs and time.

The material contained herein is not to be relied upon as a substitute for consultation with your attorney.