Archived
I am starting up a web design business and need to know what legally needs to get done before I can start charging customers?
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Answered on May 12, 2011
You don't necessarily need to form an entity (LLC or corporation) at this point and can operate as a sole proprietor. You will want to check with...
Archived
How does financing work with an LLC
Jaren's answer
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Answered on April 19, 2011
The contractual obligation with Amex or any other vendor depends on which name is on the application and agreement. If just the LLC, then most...
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Is he considered an illegal tenant?
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Answered on April 19, 2011
He would likely be classified as a guest or invitee of your current roommate. As long as she allows it he is not on the property illegally (i.e....
Archived
Completed a Short sale - now negotiating the 20% equity loan that was with the house that didn't get wiped away.
Jaren's answer
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Answered on February 28, 2011
You've pretty much listed the options that might occur. Wells Fargo or the debt collector can sue for the entire $30,000 or they can negotiate a...
I have a foreclosure/sheriff sale question. How is the minimum bid amount determined at a sheriff sale?
Jaren's answer
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Answered on February 22, 2011
The bid amount is determined solely in the foreclosing party's discretion. I have seen the banks bid in the full amount owed plus allowable fees...
Does a seller of a house contract for deed need to claim interest income?
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Answered on February 22, 2011
The IRS generally treats a contract for deed as a sale (also commonly referred to as an installment land sale contract or purchase agreement with...
Archived
What is the maximum late fee under a payment agreement for a consumer product?
Jaren's answer
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Answered on February 22, 2011
You can typically rely on 8% as the maximum charge on a late payment, which is the maximum interest allowed under the usury statutes for amounts...
Archived
What legal recourse do I have if a pawnshop, where I had three pieces of valuable jewelry, was robbed?
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Answered on January 11, 2011
Your contract with the pawn shop will apply and to the extent it doesn't address the duties owed, bailment law will likely apply. You should...
Archived
My mom passed in jan 10 dad is in demensia unit.my brother took $8000 for exc fees and $9000 for loss of wadges travel expenses.
Jaren's answer
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Answered on January 11, 2011
I would need more information to answer your question. If your mom's estate is being probated, the court will have authority over what is...
Archived
I have a dismissed case ,and now I'm filling an expungement papers.
Jaren's answer
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Answered on December 27, 2010
Depends on what type of case you are attempting to have expunged. Check the MN district court website for a primer on expungement. ...
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