Mazyar M. Hedayat

Mazyar M. Hedayat is the principal of M. Hedayat & Associates, PC, a law firm that has represented Clients for nearly 25 years in the areas of business law and litigation, bankruptcy law and litigation, real property transactions and litigation, construction law and mechanics liens, corporate law, and more. After attending the University of Chicago and University of Michigan, Mr. Hedayat received his MBA from the U.M. Ross School of Business, and his J.D. from DePaul University College of Law. Mr. Hedayat is a title insurance agent and operated a full-service title company for 6 years. He has held Series 7 and 63 securities licenses, as well as Business Broker's certificate His current and former professional memberships include the Chicago Bar Association, the American Bankruptcy Institute, the American Bar Association, the Will County Bar Association, and DuPage County Bar Associations. While at the DCBA Mr. Hedayat chaired the bankruptcy, publication, and practice management committees, was Editor in Chief of the Bar Brief, and earned a Board of Directors Award. He has also earned various honors including Lawyer of the Year, Bankruptcy Lawyer of the Year, client-service awards. Mr. Hedayat has given CLE presentations concerning bankruptcy, electronic filing, business formation and management, construction, bonding, liens, tax deeds, title issues and other subjects. He has also written dozens of articles, and maintains two blogs. He can be reach on Twitter @mhalaw (bankruptcy law) and @practicehacker (practice management). He can also be found on LinkedIn and Facebook.

• Free Consultation
• Credit Cards Accepted

Illinois

Since 1995

7th Circuit

Since 1996

President

M. Hedayat and Associates, P.C.

2002 - Current

Principal

Law Office of Mazyar M. Hedayat

1995 - Current

University of Michigan - Ann Arbor

MBA (2000) | Finance, Corporate Strategy

2000

DePaul University

J.D. (1995) | Law

1995

University of Michigan - Ann Arbor

B.A. (1987) | Philosophy

1987

Honors: With Distinction; Gold Key National Honors Society.

Lawyer of the Year

Legal Match

2007

Bankruptcy Lawyer of the Year

Legal Match

2007

Board of Directors Award

DuPage County Bar Association

2005

Lawyer of the Year

Legal Match

2005

Certificate of Appreciation

Independent Assoc. of Quetioned Document Examiners

2005

Illinois State Bar

Member

Current

American Bar Association

Member

Current

DuPage County Bar Association

Member

Current

Activities: Chair, Bankruptcy Law Committee; Chair, Business Law and Practice; Chair, Law Practice Management; Editor, DCBA Brief (Bar Journal); Member, Real Estate Committee; Court Advisory Cmtee., E-Filing.

Will County Bar Association

Member

Current

Activities: Member, Real Estaste Committee; Member, Civil Practice Committee.

National Business Institute

Member

Current

Disposition of Collateral Following Debtor Default: Making the Best of a Bad Situation

LexisNexis

SmallLaw: The Brewing Revolution in Legal Research

TechnoLawyer::SmallLaw

SmallLaw: Why the iPad 2 Is a Game Changer for Lawyers

TechnoLawyer::SmallLaw

June 22, 2011

Bankruptcy and Real Estate Seminars

Lorman Education Insitute

Legal Technology Show, Chicago, IL

American Bar Association

Technology Task Force Symposium

American Bar Association

Lawyers Serving Society Through Technology

American Bar Association

Bankruptcy And Real Estate

Will County Bar Association

Q. My uncle has power of attorney for my grandma. I rent a home from her. She's alive and of sound mind. Can he kick me out

February 22, 2017

A: You ask if your uncle, who has your grandmother's PoA, can evict you from her property, which you currently rent. The Short Answer is "Yes." That is what a Power of Attorney is for - it relieves the grantor (your grandmother) of the responsibility to manage certain tasks in favor of the grantee (your uncle) - who must act in a fashion consistent with the best-interest of the grantor. In short, your uncle is your grandmother's fiduciary: if he believes that having you live in the subject property is not in the best interest of your grandmother (i.e. she could rent it to someone else or sell it more easily without you there) then he can - and should - evict you. But that is a whole process. It is not just a matter of telling you to "get out" and you depart voluntarily.

I recommend you speak with a competent Attorney in your area in order to protect yourself. I hope this information was helpful. Best of luck. ... Read More

Q. What are the legal implications if an executor of an estate wants to purchase the residential property of said estate?

February 22, 2017

A: You ask about the "legal implications" of an Executor who is also a surviving sibling (of the Decedent?) buying the Estate's property and asking that a real estate agent not be involved. Without going too deep into the details, this idea appears wrong on every level. In short, there are red flags here:

(1) Is the Executor of the this Estate also a beneficiary?

(2) The Court should be apprised before any deal is made.

(3) A real estate agent SHOULD be employed to get the highest price and ensure an arm's length transaction

I could go on, but the point is that there is just too much that could go wrong in this situation. If I were you I would retain an Attorney to ensure that the remaining siblings (beneficiaries?) of the Estate are not shorted out of their fair share.

I hope this information was helpful. Best of luck. ... Read More

Q. Is the "Home Repair and Remodeling Act" in Illinois still in effect?

February 20, 2017

A: Yes. The Illinois Home Repair and Remodeling Act found at 815 ILCS 513/ is still the law of the land in Illinois. It requires that certain disclosures be made by a contractor before performing work on behalf of a consumer in connection with a residence. Keep in mind that the Act can only be enforced by the State of Illinois.