William S. Bost III’s Answers

William S. Bost III

Raleigh Financial Markets and Services Attorney.

Contributor Level 8
  1. I've been separated for 2 1/2 years. My husband has the truck with both of our names on it. He's not paid the back taxes on it.

    Answered over 1 year ago.

    1. William S. Bost III
    1 lawyer answer

    Paying the taxes has little to do with title. His rights to the truck are the same as yours. I wouldn't pay the taxes on the truck if he is still driving it.... At some point you could be liable for all the taxes. You may want to consider giving him sole ownership of the truck so that taxes don't accrue in your name. The good news is that he can't sell it without your signature.

    1 lawyer agreed with this answer

    1 person marked this answer as helpful

  2. What should i do when my credit card company want to charged off my balance/

    Answered over 1 year ago.

    1. Richard Scott Lysle
    2. Frank Wei-Hong Chen
    3. William S. Bost III
    4. Marc Gregory Wagman
    4 lawyer answers

    If you have no money, there is very little that you can do. This is America; we don't have a debtors' prison, so there is no risk of incarceration. If you get back on your feet in the next few years, then you can, and probably will have to, address this debt.

    3 lawyers agreed with this answer

  3. How do I break my lease with no charges or requirement to pay rent until it is rented when there is evidence staff is intruding

    Answered over 1 year ago.

    1. William S. Bost III
    1 lawyer answer

    You can send the landlord a letter and advise them that you are leaving for these reasons. They may or may not sue you for back rent, and they may or may not put the default on your credit report. If they sue you for back rent, you are going to have a heck of a time proving your case without a lawyer which will cost $2000 or more. If they put it on your credit, it will stay for a long time. The best thing to do is get the police report and, nicely, ask to be let out of the lease. Most...

    1 lawyer agreed with this answer

  4. Someone has property stored on my propery and I want it removed from said property within 30 days legally how .

    Answered over 1 year ago.

    1. William S. Bost III
    1 lawyer answer

    The answer really depends on how the property got there to start with and who it belongs to. If it was never supposed to be there in the first place, then you can move it without any letter. If you allowed it to be there, the letter you are speaking of is appropriate. If you agreed to store it, then there are other considerations. A letter demanding removal is pretty simple. One thing to keep in mind is that the only liability you may have is for the value of the stuff. If it is...

    1 lawyer agreed with this answer

  5. Am I entitled to this land

    Answered over 1 year ago.

    1. William S. Bost III
    2. Nathan Edward Sweet
    2 lawyer answers

    If your name is on the deed, then you have an ownership interest in the land. If you are divorced, and your name is not on the deed, that is a very hard question, but my off-the-cuff answer is that your husband owns that piece by himself. If the land is valuable, get a lawyer to help. If it is not then don't worry too much about it -- he has to pay the taxes.

    1 lawyer agreed with this answer

  6. Where do I being litigating a timeshare resale broker and escrow service agent fraud?

    Answered over 1 year ago.

    1. Bobby L. Bollinger Jr.
    2. William S. Bost III
    3. Pamela Koslyn
    4. Joseph Franklin Pippen Jr.
    4 lawyer answers

    I agree. It is likely to cost much more than the $4000 to litigate. And, even if you obtain a judgment, collecting your money is going to be difficult.

    1 lawyer agreed with this answer

  7. I was approved for a loan modification in 2011, paid the fees associated with the modifcation and made monthly payments....

    Answered over 1 year ago.

    1. William S. Bost III
    1 lawyer answer

    No choices are available. You probably should consider filing a lawsuit against PHH to enjoin them from proceeding with the foreclosure.

    1 lawyer agreed with this answer

  8. I, my sister and nephew own our mother's house. I have paid the property taxes alone for 10 years how can I get reimbursed?

    Answered over 1 year ago.

    1. William S. Bost III
    2. Bruce Givner
    3. Christopher Michael Larson
    3 lawyer answers

    That is a tough one. You could file a lawsuit for the back taxes. You also could refuse to continue to pay them unless they provide you with a lien on the house for the back taxes. Both of these courses require the assistance of a lawyer.

    1 lawyer agreed with this answer

  9. I am sole proprietor of a business in NC. How do I get my SS# off of business and my son's SS# put on?

    Answered over 1 year ago.

    1. William S. Bost III
    1 lawyer answer

    No need to "get yours off and his on"......Just transfer the business to him with a Bill of Sale. You file taxes on income until the date of transfer, and he picks up the taxes from there. I think that is is.

    1 lawyer agreed with this answer

  10. Is my daughter's (18) lease legal if we never signed the guarantor form? She signed a joint least with 3 other girls.

    Answered over 1 year ago.

    1. William S. Bost III
    1 lawyer answer

    The lease is valid even though the guarantors didn't sign. My advice is to reach a settlement with the landlord; you can be held liable for all of the unpaid rent set forth in the lease.

    1 lawyer agreed with this answer