Law Articles Archives - Gardi, Haught, Fischer & Bhosale LTD

Category : Law Articles

Category : Law Articles

Rising Interest rates

Rising interest rates affect both buyers and sellers of real estate

By Tara M. Grimm Since the start of the pandemic, the economy has been impacted in a tremendous way and this has led to interest rates rising and falling. Specifically, the real estate market has been significantly impacted by recent interest rate increases. The cost of lending is rising as mortgage rates continue to climb,

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COVID-19 pandemic affected more than health, it impacted the terms of eviction

By Paul Koontz When March 2020 rolled around, I would wager that not a single soul would understand what was about to come next for over 19 months—an eviction moratorium. When COVID-19 was designated a worldwide pandemic and a national emergency in the United States, federal and state governments decreed that in order to keep

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Force Majeure Clause

The Force Majeure Clause: Are you protected?

by: Gardi, Haught, Fischer & Bhosale On March 15, 2020, an event occurred which very few people thought possible. The United States of America closed. Almost every business closed its doors, affecting a nationwide economic shut down. Millions of commercial business owners wondered how they were going to maintain operations and pay their bills, as

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Home Remodeling Contractors

5 Things Homeowners Need to Know When Dealing with Home Remodeling Contractors

By Eric Dobradin If you are like most people, your home is your most valuable asset, next to your spouse, children and, perhaps, a pet. You agonized over the listings looking for it. You spent countless hours viewing properties before you found it. You also may have had a couple of contracts fall through before

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college expenses divorce

Not so fast, know the basics: Do you owe college expenses under your foreign divorce registered in Illinois?

Not so fast, know the basics: Do you owe college expenses under your foreign divorce registered in Illinois?  By Blake Austin Culver   College expenses are complicated, especially when parents are divorced and have relocated, due to new employment or being in the military. In initial divorce cases in Illinois, the payment of post-secondary educational

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visa appointments

Here’s how you can seek visa appointments to maximize your chances of working with consulates

By the American Immigration Lawyers Association, document No. 22041450 The COVID-19 pandemic has made international travel unpredictable. The conditions in every country are different and change quickly, making getting a visa appointment more complicated. Consulates must balance expanding routine visa services with limited resources, other responsibilities, and country conditions. As a result, timely visa appointments

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ukraine temporary status

What the crisis in Ukraine means for Temporary Protected Status

By Ann M. Fischer  On Feb. 24, Russia invaded Ukraine and, subsequently, on March 3 the U.S. Department of Homeland Security announced the designation of Ukraine for Temporary Protected Status (TPS) for 18 months. A country may be designated for TPS when conditions in the country fall into one or more of the three statutory

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medical malpractice

Can the COVID-19 pandemic impact your personal injury claim?

By Parag P. Bhosale  Now that we are pulling ourselves out of the pandemic, it is important to consider how the short-term and long-term effects of COVID-19 will have on personal injury claims.  We have already seen and will continue to see far fewer claims in the next couple of years. The primary source of

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commercial real estate

Despite competitive real estate market, a house selling ‘as is’ can still be inspected

By Thomas Haught  In my 23-year career, 2021 was the fiercest, most competitive year that I have ever seen for prospective purchasers of a home.   We had homes that were listed at 9 a.m. and were under contract before noon on the same day, while the seller had multiple bids. We saw sellers receiving 20

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press release logo

Schaumburg, Illinois-Based Gardi & Haught Adds New Partners to Its Law Firm

(Naperville, Illinois) Dec. 15, 2021– Gardi & Haught, Ltd., a Schaumburg, Illinois-based law firm announces the additions of its partners Parag Bhosale and Ann Fischer. After Jan. 1, 2022, the firm will be called Gardi, Haught, Fischer and Bhosale, Ltd.  The full-service law firm offers the following law services in these areas which include real

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Illinois Rental Housing Support Program Act

Landlords get funding boost from new Illinois Rental Housing Support Program Act

By Celeste Ntuen  Illinois landlords, housing developers, and tenants are getting a funding boost from recent changes to the Rental Housing Support Program Act (310 ILCS 105/1). Illinois legislators have changed the law that was enacted on Jan. 1 to allow more flexibility in funding distributions to landlords, housing developers and renters.  For some background,

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Close up Of A Tenants Eviction Notice Gluing To The Door

Here’s what happens next as the state, federal eviction moratorium ends but pandemic continues

By: John Elias One of the most common misunderstandings heard during the pandemic was that housing providers in Illinois could not evict anyone. The public misunderstood what was and was not allowed. In the beginning of the pandemic, that statement was true. However, evictions were eventually allowed to proceed under narrow exceptions. Currently, the eviction

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personal injury

Suffered an personal injury? Here are time frames to consider legal action

By Aaron Novasic  If someone is injured through no fault of their own, they should consider pursuing legal action. That legal action has several steps, but the lawsuit must be filled with the appropriate jurisdiction and within a time frame. That time frame is known as the statute of limitations. The statute of limitations is a

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workers compensation benefits

How do drugs and alcohol effect your ability to get Workers’ Compensation benefits?

By Parag P. Bhosale For many years in Illinois, it didn’t matter if you had an intoxicant in your body when you suffered a work injury. As long as the accident happened in the course of work-related activity, your injuries would be covered. A decade ago, Illinois bowed to pressure from the insurance industry and

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