Mohammad Ahmed Faruqui’s Answers

Mohammad Ahmed Faruqui

Fort Lauderdale Aviation Lawyer.

Contributor Level 11
  1. If your married and file chapter 7 if we have a car each will we lose one?

    Answered over 5 years ago.

    1. Mohammad Ahmed Faruqui
    2. Andrew Daniel Myers
    2 lawyer answers

    In Florida the exemption limits for married joint-petitioners are $1,000 per car for two cars, or if you have only one car then $2,000 for the car. If after calculating everything, there is no equity remaining, the trustee cannot touch your car. If there is some equity left, then the trustee may make you pay an amount to cover any equity not already accounted for under the note and the exemption to let you keep your car. If you cannot make that payment, then the trustee may seize and...

  2. I live in southwest ranches, fl and have credit card debts and i want to file a bankruptcy. can i file it.

    Answered over 5 years ago.

    1. Mohammad Ahmed Faruqui
    1 lawyer answer

    It is a quarter acre if you are inside city limit. up to 140 acres if outside city limits. There are many other factors to consider to see of you qualify for chapter 7

  3. Verbal contract

    Answered almost 7 years ago.

    1. Joel Richard Beck
    2. Adam S. Haigh
    3. Mohammad Ahmed Faruqui
    3 lawyer answers

    And one of the ways to prove the terms and conditions of a verbal contract is if there were witnesses to the oral agreement being made. Your witnesses can testify that this is what you discussed with the other guy. Florida has the same rules about the Statute of Frauds: an oral contract cannot be enforced if it's for a value of more than $500, for a service that could be expected to take longer than 1 year to perform, or for a real-estate transaction. The only way to defeat the SoF is if...

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  4. Home did not appraise, can seller get out of contract?

    Answered almost 7 years ago.

    1. Mohammad Ahmed Faruqui
    1 lawyer answer

    In Florida there is some leeway allowing either party to back-out from a real-estate contract if both parties are brought back to their original position. So there shouldn't be any liability unless you have somehow gained from backing out and the buyer has lost something of value from your backing out. It depends. Your situation gets worse if you back-out later in the process than earlier, as the buyer's expectation of getting what he wants increases.

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  5. Tax help

    Answered almost 7 years ago.

    1. Thuong-Tri Nguyen
    2. Mohammad Ahmed Faruqui
    3 lawyer answers

    You also need to look into why you did not receive the 1099c from the bank. While this will not absolve you of your tax obligations, you may have an action against that bank for 1) not informing you and not disclosing that you will receive a 1099c and will be liable for taxes of the debt forgiven, and 2) failing to send you the 1099c.

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  6. Corporate minutes

    Answered almost 7 years ago.

    1. Nancy Baum Delain
    2. Mohammad Ahmed Faruqui
    3. Markus May
    3 lawyer answers

    I agree with Nancy, that you should use the attorney who helped you form your corporation to help you with minutes. What better attorney than the one who knows the entire history of your company personally? On a side note, maintaining a corporate book is very important because it helps you maintain a written corporate history, creates a trail of intentions that you can look up, and may be inspected by authorities under certain circumstances (what better way to prove that you're involved in a...

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  7. I had a home that burnt, it had insurance provided from lender. when it burnt i still owe 7000 dollars . how is this legal?

    Answered over 2 years ago.

    1. Mohammad Ahmed Faruqui
    2. Jody R. Nathan
    2 lawyer answers

    There is not enough information to competently answer this question. However, I'm assuming that the lender you are talking about held a first mortgage against your house. It's common for homeowner's insurance to cover only the construction cost or market value of the home. The insurance must pay the lender first. The construction cost or market value is often less than what is owed on the home loan. If you owe only $7,000, then I'm sure the lender might be willing to forgive that...

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  8. Can I recover monies paid to an unlicensed contractor?

    Answered over 2 years ago.

    1. Scott Aron Thompson Kron
    2. Christine C McCall
    3. Mohammad Ahmed Faruqui
    3 lawyer answers

    In Florida you might not be able to sue an unlicensed contractor unless he was working under the license of someone else. If the unlicensed contractor was not under someone else's license, then there is a presumption that the homeowner knew what he was getting himself into. This is especially true because an unlicensed contractor cannot get a building permit on behalf of a homeowner in Florida. So, if the homeowner has to go apply for a building permit instead of the contractor, it's a dead...

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  9. I am behind on my rent and the landlord advised me today that I should "just turn in my keys..

    Answered over 2 years ago.

    1. Michael Scott Rothrock
    2. Mohammad Ahmed Faruqui
    2 lawyer answers

    It depends on whether your state has summary proceedings for eviction actions. In Florida, summary proceedings allow an eviction to be completed within a week if the eviction is not properly contested. Of course, a proper contest requires a credible defense to the eviction.

    1 lawyer agreed with this answer

  10. Can I file a lawsuit against a person that owes me money?

    Answered over 2 years ago.

    1. Mohammad Ahmed Faruqui
    1 lawyer answer

    Was your agreement with this person oral or written? Most states have a statute of frauds that makes oral agreements unenforceable if they are for a significant value. For example, in Florida, if a contract has a value of more than $500 or requires more than a year for a party to fulfill their obligations, then courts cannot enforce the contract if it was an oral agreement. If you had an oral agreement, it might not matter how many witnesses you bring to prove the facts. But check the...

    1 lawyer agreed with this answer