Does a transfer of ownership negate liability of the former owner?

Transfer of ownership does not absolve the former owner of state law violations during his or her period of ownership.

Which state should I start a LLC in for a condo short term rental business?

Iowa and Florida are obviously the most likely candidates. Florida is likely better from a cost perspective, but your Iowan counsel is probably...

What pitfalls should I look out for when someone who has worked for me for over a year wants to buy my business using creative

This has all the hallmarks of a major mistake waiting to happen. Trust your instincts.

Is it extortion when you are forced to pay addition monies for a property ?

Extortion is the taking of your property with your consent that is obtained by threat of force, violence, fear or under cover of official...

Will my joint checking account that I have with my son be affected if he declares bankruptcy?

Your son will have to list the account on his bankruptcy schedules. He can explain that he has no present economic interest in the account and is...

Can I keep my house if I file bankruptcy?

The short answer is "yes." Schedule an appointment with an experienced bankruptcy lawyer for a more complete answer. But bankruptcy may not be...

Can a landlord file eviction papers if I am in the bankruptcy process

I concur with attorney Caldwell's response, but if I were advising the LL, I would have counseled that he or she first get relief from the...

I think attorneys Welmaker and Zichi have answered the question as completely as possible. It sounds to me that you signed an authorization, but...

What are the different types of bankruptcy ? I have been thinking of filing bankruptcy but need more info

Filing by yourself is called a "pro se" filing. Only 4 out of 1000 pro se filers succeed in chapter 13. If I were you, I would not file a chapter...

Can I except two vehicles with a chapter 7 bankruptcy?

By "except" you must mean "exempt." "Exempt" means you may retain the property and are not required to turn it over to the trustee for liquidation...