Archived
Will starting a LLC protect commissions earned as an independent insurance agent & bank account from garnishment by a creditor
Ted's answer
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Answered on June 27, 2016
I agree with Mr. Knight except with respect to the vulnerability of the transfer of your commissions to the LLC in exchange for ownership of the...
Archived
Problem with Loan Contract, does it matter in which state I get legal assistance for written contract
Ted's answer
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Answered on June 27, 2016
Is the contract governed by the laws of any particular state? Most contracts have a provision, usually towards the end of the contract, that...
Archived
Market test in Chapter 11
Ted's answer
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Answered on June 27, 2016
What do you mean by "market test?" Regarding virtually every issue to be decided by a bankruptcy judge, certain facts may make it more, or less,...
Archived
Do I need to tell the trustee if my wife got a new job after 341 hearing?
Ted's answer
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Answered on June 27, 2016
I agree with the previous answers and write only to observe that income earned after you file your chapter 7 case does not become property of your...
Archived
How can someone get a judgement against you? And are you notified before it hits your credit?
Ted's answer
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Answered on June 27, 2016
The only way another party can get a judgment against you is to file a lawsuit in the correct court, serve you with summons and complaint, and...
Archived
How to collect from a company that sold its assets and went out of business?
Ted's answer
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Answered on June 26, 2016
Here are steps you can take. First, sue the old company, and its owners for breach of contract and piercing the corporate veil. You will want to...
Archived
Can a creditor put a lien against me on a house that I don't even own?
Ted's answer
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Answered on June 26, 2016
There can be no valid lien to secure an obligation you owe on property you do not own. A creditor can, however, take a consensual lien on property...
Archived
What is common professional practice after a consultation with an attorney you want to hire?
Ted's answer
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Answered on June 25, 2016
The common and highly recommended practice is for the lawyer to tell the client at the conclusion of the consultation that he will not undertake...
Archived
What are my rights regarding former employee who signed a non-compete agreement and has now opened a salon in same center?
Ted's answer
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Answered on June 25, 2016
You should engage a lawyer to file a suit seeking a preliminary and permanent injunctions prohibiting your former employer from what she proposes...
Archived
Can my landlord refuse to pay back my security deposit.
Ted's answer
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Answered on June 25, 2016
The key to answering your questions lies in the written lease. Assuming the lease favors your position, you may want to take the matter to small...
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