HB 2300

  • Illinois House Bill
  • 98th Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Consumer Loan-Lawsuit Lending

Abstract

Amends the Consumer Installment Loan Act. Defines "lawsuit lending", "lawsuit lender", and "dispute". Provides that the Act shall apply to all lawsuit lending and all lawsuit lenders. Provides that, in any dispute in which a lawsuit lender provides lawsuit lending to a party, any and all documents that the lawsuit lender obtained from the party in connection with making any decision to begin lawsuit lending shall be produced to the opposing party without awaiting a discovery request and any agreement between the lawsuit lender and the party must be disclosed to the court and produced to the opposing party. Amends the Consumer Fraud and Deceptive Business Practices Act. Provides that a lawsuit lender shall be considered a person who is regularly engaged in the business of making loans to consumers for the purposes of provisions concerning repeated violations of certain Acts and advertisements containing certain terms. Effective immediately.

Bill Sponsors (1)

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Dec 03, 2014

House

Session Sine Die

Mar 22, 2013

House

House Committee Amendment No. 1 Rule 19(a) / Re-referred to Rules Committee

House

Rule 19(a) / Re-referred to Rules Committee

Mar 18, 2013

House

House Committee Amendment No. 1 Rules Refers to Judiciary

Mar 14, 2013

House

House Committee Amendment No. 1 Fiscal Note Filed as Amended

Mar 13, 2013

House

House Committee Amendment No. 1 Filed with Clerk by Rep. André M. Thapedi

House

House Committee Amendment No. 1 Referred to Rules Committee

Mar 05, 2013

House

Added Chief Co-Sponsor Rep. Ron Sandack

Mar 01, 2013

House

Added Chief Co-Sponsor Rep. Maria Antonia Berrios

Feb 25, 2013

House

Assigned to Judiciary

Feb 20, 2013

House

Added Chief Co-Sponsor Rep. Jil Tracy

Feb 19, 2013

House

Filed with the Clerk by Rep. André M. Thapedi

House

Referred to Rules Committee

House

First Reading

Bill Text

Bill Text Versions Format
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Related Documents

Document Format
House Amendment 001

Sources

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