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I am in a two person LLC in NC. We get along perfect but want to operate separately now? What are my options?
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Answered on January 11, 2012
An LLC is generally considered as a separate person in the eyes of the law. While you and your partner could operate separate locations, all of...
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I have a cash advance collection comp. saying there sending me a summons , they called me at work and left a message at my home
John's answer
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Answered on January 11, 2012
If you had a settlement agreement with them, did you pay the $500 or just the initial $250? Was the settlement agreement in writing? If you...
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Credit card lawsuit
John's answer
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Answered on January 11, 2012
If you have made an agreement to resolve the debt via payments, you should have a Settlement Agreement and the Plaintiff should be reporting the...
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DOES THE DEBT COLLECTOR HAD TO SHOW THE COURT PROOF THAT I OWE ANY MONEY TO THEM OR THE CREDIT CARD COMPANY
John's answer
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Answered on January 11, 2012
You need to consult with a lawyer regarding your rights. The Plaintiff in a civil lawsuit (here the collection agency) bears the burden of proving...
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I have an abstract judgement against someone. He will probably be inheriting several thousand dollars later this year....
John's answer
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Answered on January 11, 2012
The problem here is that until it occurs, inheritance is speculative. As long as the party with the assets is alive, they could change their will...
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Fed bankruptcy exemptions. Need to know how 2 use the wildcard; Does it double for joint filers? How much total $ could exempt?
John's answer
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Answered on January 11, 2012
If you want to use the federal exemptions, the "wildcard" exemption can be applied to any property, including "money in the bank." If you do not...
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Will i be responsible for any balance on a home morgage
John's answer
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Answered on January 11, 2012
If the mortgage loan pre-dated the filing of the Bankruptcy Petition and you listed the loan on your bankruptcy schedules, any personal liability...
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Filing for bankruptcy - limit to number of times you can file?
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Answered on December 28, 2011
The question is not how many times but rather, how often. If you fild a Chapter 7 case and received a discharge, you cannot file a new case for...
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Daughter has a loan she offered to pay them $10 a month until she gets a job they are refuseing the offer
John's answer
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Answered on December 28, 2011
Creditors have no obligation to accept less than what is owed or to enter into any payment arrangements. This being said, it is common for...
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Can I sue a business that debuted my account for six years?
John's answer
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Answered on December 28, 2011
I concur with Ms. Koslyn. You need to review the contract that you signed. It is very likely that it authorized automatic debits and contained an...
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