State Demand Legal For Payment In Illinois
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A Bond is a document with which one party promises to pay another within a specified amount of time. The term "demand" means that the principal plus any interest is due on demand by the bondholder rather than on a specific date. Bonds are used for many things, including borrowing money or guaranteeing payment of money. A bond can be given to secure performance of particular obligations, including the payment of money, or for purposes of indemnification. The validity of a "private" bond, payable upon demand, is determined by the same principles applicable to contracts generally. The purpose of the bond must not be contrary to public policy; it must be supported by a valuable consideration; and there must be a clear designation of the obligor and the obligee. A bond procured through fraud or duress may be unenforceable, but mistake on the part of the obligor as to the contents of a bond, or its legal effect, is not a defense to enforcement of the bond.
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Service of any demand without complying with this Section has no legal effect. Proof of certified mail is prima facie evidence of service.File a motion in court. If a debtor believes some or all wages are exempt, they must file a motion in court to explain why. All Illinois Courts must accept these forms. Scroll down below the chart for important information on how to fill out these forms. Application for admission on motion is a two step process. The first step is to complete and have approved a Preliminary Questionnaire for admission on motion.
