About johnpratt

John Pratt
 John Pratt started Boomerang Information Services in 2002 focusing on a new approach to Cook county, Illinois abstracting; faster results without sacrificing accuracy. He received his undergraduate degree from Indiana University and his MBA from IU – Kelley School of Business – Bloomington. John and his wife live in Evanston, IL with three boys, an elderly cat and a young dog named Lupin. He In addition to John’s professional activity, he currently sits on the board of the McGaw YMCA of Evanston, Glencoe Union Church’s Board of Directors, and was the founding President of the Board for Camp of Dreams.

Business License: Five Must-Know Facts Before Filing

Filing a business license with the City of Chicago can, in fact, go smoothly – especially when you work through a licensed expediter like Boomerang. But many applicants start the process confused and with misconceptions that can come back to haunt them later. Taking a minute to get clear up front information can save you [...]

By |2019-05-02T02:38:17-05:00May 2nd, 2019|

Going the Extra Mile

The other day we got an interesting order.  A request came in to do a search on a former school property.  When initial online inquiries yielded very little, we decided we’d need to go on site and made the decision to send our head of Title, Dave Albrecht, on the road – dispatching him to [...]

By |2019-03-28T08:02:27-05:00March 28th, 2019|

Speed and Accuracy – The Way of the Future

Last spring, Forbes published an article that cited a growing demand for digital mortgages. With Baby Boomers moving out of the home-buying market, and impatient millennials entering it, lenders are feeling the pressure to speed up. Not so fast, says Forbes. Despite customer desire for mortgages to be accessible through a quick on-line click-thru process, [...]

By |2019-04-02T19:05:56-05:00March 15th, 2019|

Putting the B in Boomerang

What do King Arthur Flour, New Belgium Brewing, Eileen Fisher, and Kleen Kanteen all have in common? Each of these companies is a certified B Corp: businesses that meet the highest standards of social and environmental performance, public transparency, and legal accountability to balance profit and purpose. And in 2016, Boomerang joined their ranks. Why [...]

By |2019-02-25T09:20:30-06:00March 3rd, 2019|

The Race for Public Records: Investigating Chicago’s 14 Mayoral Candidates

In a complex unfolding story, it appears that Chicago mayoral candidate Amara Enyia may have underreported her 2017 income by almost a third.  Enyia’s financial troubles may, in fact, run deeper as reporting by the Chicago Tribune reveals that the IRS filed a tax lien against her for errors on her taxes in 2011-2013, and [...]

By |2019-02-17T03:58:21-06:00February 11th, 2019|

The Ultimate Liquid Asset

By: John Pratt Who knew collateral could be so much fun? Here in Chicago, a well-known restaurateur is financing his newest venture with a loan obtained with his aging wine collection as collateral. Rather than simply letting his $300,000 wine collection age for years in a forgotten cellar, Nick Gangas decided to put it to [...]

By |2018-12-11T19:56:48-06:00December 15th, 2016|