The Illinois Stipulation for Dismissal is a legal document commonly used in the state of Illinois to officially terminate a lawsuit or legal claim. This agreement allows the parties involved in a case to voluntarily dismiss the lawsuit without prejudice, meaning they have the option to refile the case at a later time if necessary. The Stipulation for Dismissal is typically filed with the court and approved by a judge to ensure its validity. There are a few different types of Illinois Stipulation for Dismissal, each serving a specific purpose based on the circumstances of the case. These types include: 1. Voluntary Stipulation for Dismissal: This is the most common type of Stipulation for Dismissal in Illinois. It occurs when both parties agree to dismiss the lawsuit voluntarily without any admission of fault or liability. 2. Stipulation for Dismissal With Prejudice: This type of dismissal signifies that the case is dismissed permanently and cannot be refiled. It is typically used when the parties have reached a settlement agreement, ensuring that neither party can bring the same claims in the future. 3. Stipulation for Dismissal Without Prejudice: Unlike the previous type, this dismissal allows the plaintiff to potentially refile the case in the future if necessary. It is often used when the parties have agreed to settle but want to maintain the option of pursuing the claim again if the settlement agreement falls through. 4. Conditional Stipulation for Dismissal: In certain situations, the parties may agree to a dismissal that is contingent upon specific conditions or actions being fulfilled. This could include a requirement for one party to pay a certain amount of money or provide certain documents before the dismissal becomes effective. 5. Mutual Stipulation for Dismissal: This type occurs when both parties involved mutually agree to dismiss the case. It signifies that both of them have come to a resolution or compromise outside of court. Overall, the Illinois Stipulation for Dismissal provides a formal mechanism for parties to end a lawsuit or claim while preserving their rights and options for the future.