Company I ordered generator from has now gone into receivership and I deposited $3100, what are my options?

If this is a bankruptcy and you entered into the contract as a consumer (rather than a business), you may have a priority for repayment as a...

Am I allowed to include the collection fees in the amount when I turn a patient's unpaid bill over to a collection agency ?

In most states, the collection of attorney's fees (or collection expense) is dependent on whether the contract that created the debt allows the...

Am the owner of a single member LLC and the buyer in an asset sale

All very good advice. In addition, ask the Seller's attorney to prepare (or give you a draft of) what they want you to sign. At least then you...

Small Business Chapter 11 - What Happens To Pending Trials

Tough situation, but the good news is that when you file a Chapter 11, the lawsuit is an asset of the Chapter 11 "Estate" and can be pursued by the...

Oil companey file chapter 11 any way to get out of contract !

The Chapter 11 company has the option to "assume" (keep) or "reject" (get out of) the contract, with certain exceptions. Here is a link to an...

Oil companey file chapter 11 any way to get out of contract !

The Chapter 11 company has the option to "assume" (keep) or "reject" (get out of) the contract, with certain exceptions. Here is a link to an...

This is a very fact-sensitive question. Generally, an entity operates through officers and agents, not through its board. Although this may have...

As a small business owner, how much interest can I charge on customers who are not paying ( designing new contract )

Each state has different limits, as does the federal law. It depends on where your customers are. It also matters if your customers are...

DO YOU STILL PAY INTEREST AND LATE FEES IF YOU FILE CHAPTER 11?

There could be several answers. The simplest is: If the bank has a lien on property with value to cover the debt and the additional charges AND...

CAN THE IRS TAKE MY FEDERAL REFUND FOR STATE RESTITUTION AND PROBATION FEES?

The better question is "can the state take your federal refund and apply it to restitution and probation fees?" You definitely need a lawyer in...