Illinois Request for Installment Payment Hearing

State:
Illinois
Control #:
IL-SKU-3017
Format:
PDF
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Description

Request for Installment Payment Hearing

An Illinois Request for Installment Payment Hearing is a legal hearing that is available to individuals who owe a debt in the state of Illinois. This hearing is designed to allow individuals to make payment arrangements with their creditors in order to pay off their debt in installments. The hearing is held in front of a judge who will evaluate the individual’s financial situation to determine if they are able to make the payment arrangements. If the judge decides that the individual is able to make the payments, they will establish an installment payment plan. There are two types of Illinois Request for Installment Payment Hearing: a regular hearing and an expedited hearing. A regular hearing is a traditional hearing that is held in the courthouse and is open to the public. An expedited hearing is a hearing that is held within seven days of the individual filing the request. This type of hearing is typically held over the phone and is not open to the public.

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FAQ

A motion for a stay may be made to the reviewing court, or to a judge thereof, but such a motion must show that application to the circuit court is not practical, or that the circuit court has denied an application or has failed to afford the relief that the applicant has requested, and must be accompanied by

What happens if a defendant does not pay a judgement? A creditor can enforce the judgement and use state laws to seize assets in the hands of the debtor or third parties to collect the amount owed.

If you do not pay, the creditor can start collecting the judgment right away as long as: The judgment has been entered. You can go to the court clerk's office and check the court's records to confirm that the judgment has been entered; and.

If you have tax delinquencies that you cannot pay in full because of a financial hardship, you can request a payment installment plan using MyTax Illinois. Simply log into your MyTax Illinois account and click the Set up a Payment Installment Plan with IDOR link. Use the Sign up Now!

A citation to discover assets is a legal proceeding in which a creditor attempts to collect on a debt from a debtor. The citation is served upon the debtor and requires the debtor to appear at a hearing where the creditor can inquire about the debtor's assets and income.

If you do not pay the judgment, the judgment creditor can garnish or "seize" your property. The judgment creditor can get an order that tells the Sheriff to take your personal property, like the money in your bank account or your car, to pay the judgment.

A judgment is a court order that is the decision in a lawsuit. If a judgment is entered against you, a debt collector will have stronger tools, like garnishment, to collect the debt.

As used in this chapter: (a) "Installment judgment" means a money judgment under which a lien may be created on an interest in real property under Section 697.320.

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Illinois Request for Installment Payment Hearing