What is our liability under a "jointly and severally" commercial lease?

If all successive owners are "jointly and severally obligated" on the lease, then each owner is obligated to the landlord in the full amount of...

NFTA hit me & re-cracked my bumper. It was previously cracked but I had it repaired and repainted. Are they required to replace?

Have an adjuster or body shop give you an estimate of what it will cost to repair your car. If the damages are large enough (and that is for you...

I agree with learned Tennessee counsel. There is no substitute for contacting local counsel for direction on this issue. Alternatively, but not...

Who gets the vehicle if me and my ex-fiance break up? Bought new truck January.

This issue has the possibility of causing you both torment in the event of a break-up. Both of you will own the truck upon break-up, but likely ...

I agree with the previous answer and I echo a theme stated in the answer. Assuming you are successful in permitting the business, my guess is that...

Can I give my step daughter title to property I currently hold with my late husband.

Step 1: Speak with a probate lawyer to confirm that full title to the property transferred to you upon your husband's death. Step 2: Confirm...

What does it mean to buy out his interest?

"Buy out his interest'" is a phase I would expect to hear when one owner is buying the interest of a co-owner, or one partner is buying the...

How do I find out if NYS sales tax/penalties are owed on a discontinued sole proprietorship?

Here is an excellent guide to sales tax in New York and you may want to also visit: ...

Do I have to pay the amount collections is telling me to?

Unfortunately, your predicament is a common one, but one that need not happen if certain precautions are taken. Had you requested and been given a...

Why would I switch from an LLC to a C or S corp?

I can think of three reasons off the top of my head. First, if you are taking on new financing and the new investors insist on the corporate...