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I never received money after I signed a promisorry note but the other person did now he is sending a demand letter what can I do
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Answered on December 03, 2012
Constitutional issues arise when an employer makes signing a promissory note a condition to employment. So, the contact may be "illegal," and...
Archived
Does a work shop built on property become part of that real estate?
Tim's answer
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Answered on December 03, 2012
Generally speaking, if the shed was placed on the property with the intent for it to be permanently affixed to the property, in most states, that...
Archived
I received a notice of "Motion for Default" for a home I am renting. How will that effect me as the tennant?
Tim's answer
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Answered on November 28, 2012
I agree with my colleagues, and would like to point out a scenario which may or may not be applicable here. If your rental home is in a homeowners'...
Archived
Statute of Limitations
Tim's answer
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Answered on November 28, 2012
Section 95.11(3), Florida Statutes, likely governs this scenario. Your obligation to an attorney for fees was likely set forth in a fee agreement,...
Archived
What's considered normal wear and tear in regards to return on security deposit?
Tim's answer
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Answered on November 27, 2012
Generally, a rental agreement will control this scenario. However, if not stated in the lease, Section 83.51, Florida Statutes sets forth a...
Archived
Chapter 7 Filed. Condo HOA Lawsuit for past dues was pending trial. HOA attorney did a Motion to Stay, not a Motion to Dismiss.
Tim's answer
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Answered on November 26, 2012
It is a bit unclear from the facts you present with regard to the status of the HOA dues. If the case was pending trial there likely was lien filed...
Archived
Chapter 7 Form B8 - I am surrendering a Condo and leased vehicle. When do I contact the Creditors in these two instances?
Tim's answer
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Answered on November 26, 2012
Your creditors should know of your intentions. It will now be up to them to claim the collateral (Condo and Car). They will contact you.
Archived
Does someone need "Power of Attorney" to do walk through of property with tenant if owner is out of state?
Tim's answer
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Answered on November 25, 2012
Since the tenant has mailed the keys and it appears he has vacated, obtaining a power of attorney (POA) may not be an issue. When you receive the...
Archived
Can creditors come after my companies?
Tim's answer
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Answered on November 25, 2012
The answer your question depends on the type of business. If the businesses are LLC's in which you are the only member, a partnership, or a sole...
What is the Difference Between an 'Assigned Debt' and a 'Sold Debt'?
Tim's answer
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Answered on November 20, 2012
I agree with Mr. Corbin's characterization of assigned vs. sold. Additionally, I would adhere to his caution regarding your proposed strategy. The...