I have a corporation with 100.00 par preferred voting stock with a 5% cumulative dividend and common no par non voting stock.

What preferences does the preferred stock have? Preferred stock, when the documents are written by an attorney, make very clear designations on...

I am being wrongfully sued for shares in my company. I cannot afford a lawyer. What are my options?

Well if you can't afford a lawyer (which is a huge mistake if this company has any value), then what you must do is learn the law and proceed to...

Can my partners force me to sell?

Generally no, unless you have an agreement that provides for a mandatory sale on certain conditions.

I sold a business years ago. new onweres got a loan from bank but I had second morage on property. bank forclosed sold property

Your facts are not clear. Speak with a local business attorney so they can understand the issues and advise you.

Borrowed money without a contract. The person has passed over a year ago can the estate still collect from me?

It does not matter when the person passed. The estate now owns this asset and can proceed to demand compliance under it as long as it is within the...

The the spouses name go on the business partnership aggreement if she is actively involved with the company?

As my colleague advised, hire an attorney to advise the business and draft the agreements. You say this a partnership. I assume you don't mean to...

Can a payday loan garnish my wages if I have made a payments to them in little amounts ???

They can only garnish your wages if they sue and win (or you default). Until then, this is a threat. Now, can they sue you now even though you are...

I'm would like to know the best way to form a new corp for restaurant business.

The best way to do anything that involves investors is by hiring a local business attorney to advise you and draft all the entity and investment...

My answer to this question...

I was issued a summons for a medical related debt that I have been unable to pay, even to this day. What are my options?

The creditor has no obligation to accept some payment that works for your budget. They will likely prefer a judgment and then proceed to try to...