Can bank repossess or enforce the claim against the property secured by UCC statement without suing and obtain court judgment ?
Yes they can enforce the personal guarantee against your nonexempt (Tx Property Code) property.
Houston, TX
Tax Lawyer at Houston, TX
Practice Areas: Tax, Business
Yes they can enforce the personal guarantee against your nonexempt (Tx Property Code) property.
No they won’t collect directly from you for that but they will probably disallow your claiming her as a dependent. When you marry her, her...
The IRS is correct. Either deduct the mileage allowance or actual expenses including depreciation. If vehicles are used for both business and...
Wrong. Crooked dealers frequently try to recast the deal for more money after customers signed. Tell them to pound sand - they’re fishing for...
No that sounds like it would be an assignment of income to you not permitted in tax law. They don’t necessarily need to be proportionate interests...
No. Compute what they owe you and report them to TWC and if no W2 by Feb 5 to IRS and DOL.
You have 3 years from the return filing date to amend a tax return. Consult a tax lawyer or CPA.
Show the manager his birth certificate and tell him to cancel it.
#2!!!!!!! You can’t sue for malicious prosecution unless you are acquitted. Don’t talk to the DA yourself - they’re the enemy and their job is...
It depends on whether the creditor is on the cash or accrual method. The latter allows a bad debt expense deduction.