Written by attorney Alon Nager, almost 4 years ago. STAFF PICK
Chapter 13 bankruptcy affords debtors the opportunity to adjust their finances without losing their assets to liquidation. In Chapter 13, debts are typically paid out of future income rather than... more
The liquidity crunch in today's market has seriously limited mortgage brokers' ability to place loans with lenders and most lenders' ability to fund loans they wish to underwrite. This strain on... more
Where state laws allow it, the lease should include a provision whereby the tenant agrees to two months rent as liquidated damages for a breach.
This may be tempered by state laws pertaining to... more
Liquidated Damages are a fixed sum previously agreed upon to
satisfy a specific failure in performance or breach of agreement that is specifically
mentioned in the contract.
Essentially, a party... more
Chapter 7 bankruptcy is commonly called the debt liquidation bankruptcy. Where some people will need to liquidate their assets, many people get to keep everything they own because they have very few... more
Virginians may be charged with drinking while operating a motor vehicle if stopped by law enforcement with an open container of alcohol in the passenger areawhether the liquid has been completely or... more
Electronic devices of any kind (including, but not limited to, cell phones, blackberries, computers, pagers, e-book readers, etc.), guns, ammunition, sharp objects, aerosol cans or bottles, liquids... more