ILLINOIS

Interest Rate
Legal: 5%
Judgment: 9%

Statute of Limitation (in Years)
Sales (UCC): 4
Open Account: 5
Written Contract: 10
Domestic Judgment: 20
Foreign Judgment: Same as foreign jurisdiction

Bad Check Laws (Civil Penalty)
Amount of check plus $25.00, or for all costs and expenses, including all attorney fees, whichever is greater, plus interest.

STATE LINKS

State Home Page
Secretary of State
Attorney General
Law Library  no site listed - please advise
Judicial System
Federal Courts
State Courts
State Statutes  no site listed - please advise
State Cases
State Legislature

The summary of collection laws and other information contained herein is provided for informational purposes only and is not intended as legal advice. Please be aware that state collection laws are frequently revised. Users of this site are advised to consult with independent legal counsel to verify any information contained herein. Links to information on sites other than those operated by MetroGroup are for your convenience only and do not constitute an endorsement or recommendation of those sites. MetroGroup does not take any responsibility for information at those sites, nor does MetroGroup make any representation or warranty whatsoever with respect to those sites or their information.