There are absolutely legal concerns you need to be aware of. I am confident that the establishment of this type of business will be...

What to do when someone breaks a Non-circumvent agreement

You have not furnished enough information for a detailed answer, but your options include the following: 1. Discuss with an attorney whether...

Chapter 7 and surrendering home

Typically, the mortgagee starts the foreclosure process when the borrower is 60 days in default. (The mortgagee can legally start the process once...

How far back can a loan company go back on a loan has been at least twenty years

This is to clarify Mr. Fink's answer: The statute of limitations should bar a suit by the loan company to collect the debt if the debt came due...

How far back can a loan company go back on a loan has been at least twenty years

This is to clarify Mr. Fink's answer: The statute of limitations should bar a suit by the loan company to collect the debt if the debt came due...

I bought a car, and the seller didn't fill in the title except for his signature, is that legal?

Assuming that the seller and the vehicle were in Michigan, the seller was required under Michigan law to also state in writing the vehicle mileage....

Referral Agreement Conveyance - Bank to Bank

I would need to see the contract in order to give legal advice. The basic issues are whether the contract remains enforceable against the first...

Referral Agreement Conveyance - Bank to Bank

I would need to see the contract in order to give legal advice. The basic issues are whether the contract remains enforceable against the first...

Forgot to add a debt to CH 7 Question.

This issue was resolved by the United States Court of Appeals for the Sixth Circuit in In re Madaj, 149 F.3d 467 (6th Cir. 1998). The answer is...

We filed chapter 7 have a van we used for collateral on a loan. Does the bank have to sign off on the lien after bankruptcy?

The bank is most likely correct. The discharge in bankruptcy is a discharge of personal liability for a debt, but does not operate in most...