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Dear Attorney,
If I want to go into a new line of business of being a seller for medical supplies, what is the quickest
Michael's answer
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Answered on December 25, 2014
The smartest way to do it is to form and entity, get a tax ID number and begin. A simple corporation can be formed in a few days. However, the...
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I plan on filing for ch. 7 but i need to take a student loan to continue my college study? Can I do this?
Michael's answer
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Answered on December 25, 2014
Get the loan first and then file. Actually being in bankruptcy will impede the loan process.
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What should i do?
Michael's answer
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Answered on June 22, 2013
If your stuff was taken call the police. You do not need to leave unless a court tells you to do so.
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Who will be for Secretary,manager, treasuary in 1st Minutes of meeting? All me ? My signiture and LLC seal is enough?
Michael's answer
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Answered on June 22, 2013
Yes. It will be you.
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If I file a transfer agreement to get out of an LLC am I responsible for profit/losses just for the time I was equal partner?
Michael's answer
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Answered on June 22, 2013
Are you asking a tax question, or just a general liability question. In an LLC, you have no personal liability for the losses. Your tax rights...
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I signed a paper that said no cancellations in fine print and didnt realize it till later
Michael's answer
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Answered on June 22, 2013
You could get sued for $290 in small claims, but no one is going to do it, so I would not stress over it. You lose $100, but do not pay $290.
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My parents have a reverse mortgage, what happens if they can't sell their house or they sell it for less than what they owe?
Michael's answer
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Answered on June 09, 2013
Someone owns the mortgage. You want a short sale. Get a lawyer to track down the owner of the loan and work with them. Just walking away is...
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My question is, am I able to start a new company, with a similar service and how can i do it ?
Michael's answer
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Answered on June 09, 2013
You can do what you want. If your partner sues you then the issue will be governed by your agreement.
What is the statute of limitations for a bank to file a Lis Pendens in New York?
Michael's answer
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Answered on June 09, 2013
The statute of limitations is six years from the date of default to file a case. The lis pendens just announces the case. It has no SOL. After...
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I'm a writer in New York. For legal purposes I want to file business documents showing that I conduct business under a pen name
Michael's answer
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Answered on June 09, 2013
No. You can copyright the pen name.
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