Archived
Can my husband's recently unestranged son (age 50) inherit property upon his death?
James's answer
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Answered on January 29, 2013
This type of thing is more common than you realize. However, generally:
All property held as JTROS goes to the survivor upon the death of the...
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Archived
How does a lien against a property impact doing a short sale?
James's answer
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Answered on January 29, 2013
A short sale is almost impossible in this instance. there must be a negogiation between the 1st mortgage holder and the 2nd to determine who gets...
Archived
How can I confirm that an equity line of credit has been charged-off and the lender does not still have claim to my property?
James's answer
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Answered on January 29, 2013
You are right to be concerned that the lender might attempt to make a claim later.
From the question it is apparent that you are a party to the...
Archived
How do you legally disolve a single member LLC
James's answer
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Answered on January 28, 2013
The certificate of dissolution you point to is for an empty shell that never operated. It should not be used if you operated the LLC as an ongoing...
Archived
How many authorized shares should I purchase when I start up my C-Corporation?
James's answer
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Answered on January 28, 2013
I agree with Attorney Frederick.. Please be sure that you want a C corporation and not an S corporation. (that said a few of my clients own and...
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Archived
Can I get my PPO reinstated?
James's answer
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Answered on January 28, 2013
This sounds like a soap opera. However, if you were not notified of a motion hearing to drop the PPO and you did not have the opportunity to argue...
Archived
I would like to know what is the maximum interest I can charge on a personal loan and also a business investment loan?
James's answer
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Answered on January 14, 2013
DO NOT allow him to pay you 30% interest. For a personal loan that is USURY.. I believe that 11% per annum (per year) was (and may still be) the...
Archived
My land contract has expired as the buyer. I left the house. Took everything I have reciepts on that I purchased on updates.
James's answer
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Answered on January 14, 2013
It does not sound you have a land contract but a mortgage. you really need to pay to have a knowledgeable real estate attorney review your...
Archived
How do we stop a website from unfairly posting untrue information?
James's answer
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Answered on January 14, 2013
Ideally you can sue the websites for allowing and publishing defaming statements.
However, if the statements are true you will not win a lawsuit....
Archived
Can my ex employer 1099 me on a personal loan?
James's answer
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Answered on November 29, 2012
Unfortunately for you YES they can... its a debt forgiveness and legally you have to pay income tax on it. (also they can write off their "loss"...
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