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My wife has borrowed money from PayDayOne and now I've lost my job and have very limited income. The interest rate is 568%!
Christopher's answer
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Answered on December 29, 2010
It is probably a usurious and illegal rate of interest, but payday lenders are subject to different rules depending on your state. You might see...
Archived
Credit Union Reaffirmation Agreement Question (2 weeks post 341 meeting) BK7
Christopher's answer
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Answered on December 29, 2010
These are two separate debts and they should have been treated as such on your petition. They can only hold you to the secured portion (car loan)....
Archived
I am the surviving member of a real estate appraisal company (LLC). Partner died one year ago...what rights does estate have to
Christopher's answer
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Answered on December 29, 2010
You are in the same situation you would be in if your partner just stopped working. You are most likely going to want to dissolve the LLC, but...
Archived
How can I protect my finances from debts created by x-wife?
Christopher's answer
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Answered on December 29, 2010
Depending on your overall situation, you may be a good candidate for bankruptcy. Otherwise, creditors can get judgments against you and garnish...
Archived
How to get money back>
Christopher's answer
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Answered on December 29, 2010
You could sue the other party for breach of contract. In exchange for the payments, you were promised a vehicle and now you have nothing to drive....
Archived
We have an automobile that we can no longer afford due to medical issues and loss of job.
Christopher's answer
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Answered on December 29, 2010
You should leave the car somewhere safe, such as your driveway and let the bank know you don't intend to keep paying. They may come after you for...
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Bankruptcy
Christopher's answer
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Answered on December 29, 2010
Wages owed are considered a priority claim up to approximately 11,750. All of the employees who are owed money will want to file what is called a...
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Archived
I am looking to sell 1000 shares in a Texas S. Corp as one offs to it's large fan base. =exceed cap. Is there a way to do this
Christopher's answer
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Answered on December 29, 2010
There are significant legal issues in regards to your proposal. This is beyond what anyone can answer here. Your first issue is that if you offer...
Archived
I own a business (C Corp) & want to open susidiary. What do I need to file? dba? other?
Christopher's answer
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Answered on December 29, 2010
The answer to your question really depends on why you are setting things up this way. Is there a tax reason? Are you trying to separate out...
Archived
Can an employer not offer you insurance although it is stated in your contract that they will?
Christopher's answer
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Answered on December 29, 2010
It sounds like a breach of contract so you could sue the Charter School for damages. If you have a long term contract, then maybe you want to...
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