Don’t Get Burnt in the Heat
By Judge Michael J. Chmiel
Commercial Banking, Collections, and Bankruptcy,
July 2025
A note from Judge Michael J. Chmiel regarding the upcoming bar year.
Statute of Limitations for Line of Credit Is 5 Years?
By Kevin J. Stine
Commercial Banking, Collections, and Bankruptcy,
July 2025
In BMO Bank N.A. v. Zbroszczyk, the Illinois Appellate Court recently affirmed dismissal of a mortgage foreclosure action based on a revolving line of credit.
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