Learn More About Collections Law in Opdyke, Illinois

Opdyke is an unincorporated community in the southeastern part of Jefferson County, Illinois, United States. Opdyke was laid out in 1871, following construction of the St. Louis & Southeastern Railroad. The nearby, earlier town of Lynchburg was largely abandoned and moved to Opdyke. A part of the railroad investment in this area was funded by a mortgage of $4,525,000 by Calhoun & Opdyke of New York. The town is named for Opdyke. It is possible that the name of the village is all that they got out of the investment. The original surveys of Illinois, made around 1800, show the Goshen Road passing through what is now the center of Opdyke in a north/south direction. The road was about a quarter mile east of the north/south section road that now forms the western boundary of the village. Few traces of this road now remain, and it is not clear if the road was still present at the time of the founding of the village. Opdyke formed as a village alongside the railroad tracks. The railroad is no longer a significant factor in the existence of the village, which now fronts on Illinois Route 142. Interstate 64 passes a mile north of the village, without an interchange.

What is collections law?

Lawyers who practice collections law assist creditors in the collection and satisfaction of outstanding debt, including car loans, student loans, credit cards, judgments, medical debts, mortgage debt, enforcement of rights under liens, and recovery of court-ordered judgments. Debt collections attorneys may also assist clients in repossessing the real and personal property of insolvent debtors.

Personal Bankruptcy and Business Bankruptcy attorneys can advise on debt relief options and guide individuals through each phase of a federal bankruptcy filing.

Answers to collections law issues in Illinois

What are the different options for bankruptcy?

There are six basic types of bankruptcy cases provided for under the Bankruptcy Code, each of which is discussed...

How can I protect myself from debt collectors?

Laws prohibit debt collectors from using abusive or deceptive tactics to collect a debt. Unfortunately, many...

When can a creditor garnish my wages, place a lien on my house, seize my bank account, or take my tax refund?

For the most part, a creditor must sue you, obtain a court judgment, and then solicit the help of a sheriff or other...

How soon after I miss a house payment will the bank begin foreclosure proceedings?

This varies from state to state and lender to lender, but most lenders don't start foreclosure proceedings until you...