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Fraud › New Legislation › Illinois

Fraud is the making of false representations or engaging in deceptive behavior in order to unlawfully secure financial or personal gain. 
Orrick, Herrington & Sutcliffe LLP

Illinois enacts law limiting liability for coerced debt

Orrick, Herrington & Sutcliffe LLP on

On August 18, Illinois enacted HB 3352, amending the state’s Collection Agency Act to add Section 9.6 and establish that “a debtor is not liable for any coerced debt.” The law defines “coerced debt” as debt incurred through...more

Troutman Pepper Locke

Illinois Passes Bill Prohibiting Collection of Coerced Debt

Troutman Pepper Locke on

On May 22, Illinois House Bill 3352 passed the Illinois legislature and now awaits Governor JB Pritzker’s signature. This bill amends the Illinois Collection Agency Act to provide an individual a way to avoid liability for a...more

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