Archived
I have a commercial lease and am 8 months behind. It is up for auction and I want out? Does the auction terminate my lease?
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Answered on February 11, 2013
This is not an easy question to address through a Q&A site. Generally, you are liable for the term of the lease. Whether your business is merely...
Archived
Will my parent's lose their house?
Carl's answer
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Answered on January 07, 2011
Unfortunately, mortgage foreclosure issues are so complicated that it is difficult for any attorney to know the full story from one paragraph. ...
Archived
Setting up an LLC for my husband.
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Answered on August 14, 2010
There are a number of issues that inform whether to form a single member or multiple member entity. Generally, a single member entity is a simple...
Archived
My husband had a levy put on our joint account- is there anything I can do?
Carl's answer
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Answered on August 08, 2010
Your question leaves out important details. A "levy" against an account cannot happen without a judgment. And, usually, a creditor will not get a...
Archived
Can consideration for a contract be given at a time after the contract is signed, and does the consideration have to be...
Carl's answer
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Answered on August 08, 2010
When I hear a non-attorney using the word "consideration," I make sure to start from the beginning. Unfortunately, contract law is very old and...
Archived
I own a condo and a house I live in, if i foreclose on the condo can the bank take my house?
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Answered on August 08, 2010
You should always consult with an attorney when considering whether to walk away from a home or allow a "strategic default" In Minnesota, there...
Archived
Redemption Rights for the homewoner
Carl's answer
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Answered on July 22, 2010
In Minnesota, in a foreclosure by advertisement, a homeowner can redeem anytime within the redemption period by paying the redemption amount to the...
Archived
In Minnesota is it the law that you need to be served papers before you have a sheriffs sale
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Answered on April 28, 2010
Also, if you have had a previous foreclosure sale scheduled, and you received service related to the previous one, the foreclosing party may merely...
Archived
Can I be refunded for moneys paid to an insurance agency who made the policy effective because we did not accept/reject in time?
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Answered on April 24, 2010
Unfortunately, these "special offers" by creditors that they "give" to their customers and require you to opt-out are becoming more and more common...
Archived
If you have a verbal contract with someone to do some artwork for someone, who is willing to pay you $1500 upon delivery, within
Carl's answer
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Answered on April 24, 2010
A painting most likely will not be a good under the UCC, but rather a service which does not fall under the UCC. Alternatively, the fact that you...
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