Security interests, perfection, and repossession are governed by four statutes in Illinois. The Uniform Commercial Code (UCC), Illinois Vehicle Code, Motor Vehicle Retail Installment Sales Act, and the rules of the Secretary of State outline the processes and procedures that creditors must follow to avoid illegal repossessions in Illinois. Additionally, these statutes provide strict requirements for tow lots and repair shops to impose fees in connection with furnishing services. We provide services that allow our clients to legally and effectively protect their security interests by securing collateral.
Forfeiture Proceedings
Civil asset forfeiture laws allow the government to permanently take property away from someone on the basis that the property is associated with a crime. We represent our secured innocent lienholder clients in filing verified claims and appearing on their behalf in to ensure their lien is not stripped in a forfeiture proceeding
