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Freezing Corporate Assets in Illinois

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  • 05-30-2006, 07:36 AM
    imijmakr
    Freezing Corporate Assets in Illinois
    A recent freeze was placed on my business checking account. I was unaware there was a default judgement against me. The freeze caused immediate insolvency as all the operating capitol including payroll and outstanding checks are frozen. Any advice would help
  • 05-30-2006, 08:43 AM
    aaron
    Re: Freezing Corporate Assets in Illinois
    The best approach is probably to file a petition for relief with the court which issued the order freezing your account. You also need to find out how you were defaulted in court proceedings you apparently did not know about.
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