Is There a Statute of Limitations for Consumer Fraud In Illinois?

Consumer Rights Law Firm Serving Clients in Chicago, Illinois, and Nationwide

The state of Illinois has a three-year statute of limitations on consumer fraud, so it may not be too late for you to get justice. Consumer fraud victims often are not aware that they have the right to fight back. You may think that your loss was not substantial enough to justify legal action, or you may be embarrassed to have become a victim.  

While those responses are understandable, they do not serve to stop the offending company from continuing to use illegal tactics. At Markoff Leinberger, we are dedicated to protecting consumers from unfair business practices, which is why we offer a free case evaluation. We can determine if you have a case, and we have the experience and resources needed to hold the business accountable.

Consumer Fraud Statute of Limitations in Illinois

consumer fraud infographicPer the Consumer Fraud and Deceptive Business Practices Act, action for actual damages in response to consumer fraud must be "commenced within 3 years after the cause of action accrued." In cases where the Attorney General or State Attorney have brought action for a violation of the Consumer Fraud Act, the three-year statute of limitations will be "suspended during the pendency thereof, and for one year thereafter."

Most consumer fraud victims are not familiar with consumer fraud laws or all of the requirements that come with taking legal action against consumer fraud. It is generally in a victim's best interest to consult a consumer fraud attorney who can assess the case, determine the applicable deadlines and documentation, and take action on your behalf.

Do I Have a Consumer Fraud Case?

Our attorneys must consider many factors to ascertain if you have a case, so there is no way to answer this question without speaking to you about your circumstances. We can provide some general information as follows to help you become more familiar with what types of fraud are prohibited under the Consumer Fraud Act:

Prohibited Business Practices

As a consumer, you put your trust in businesses to deliver products and services that live up to their advertised quality and specifications. Deceptive business practices can cost you time and money, which is why the Consumer Fraud Act disallows the use of dishonest tactics, in which a consumer is misled at his or her detriment. Some types of unfair practices include:

  • Misrepresentation
  • Concealment or suppression of vital information
  • False promise
  • False pretense

The Consumer Fraud Act protects consumers against such deceptive practices regardless of whether a company was unaware that a particular statement or claim was false. In other words, you can hold a company responsible for willful or negligent violations of the Act.

Contact Us for a Free Consumer Fraud Consultation

The attorneys at Markoff Leinberger have the advantage of having both prosecuted and defended consumer fraud cases. We know what to expect and what it takes to achieve a favorable outcome for you.

We serve clients in Chicago and the surrounding areas of Illinois. Call 312-726-4162 for your free consultation.