Feasibility of being removed cleanly and legally as a Personal Guarantor (PG) for a SB loan

This is incredibly risky. The only way to assure being removed from a loan is if the lender directly agrees and signs an agreement assuring your...

Is there a Statute of Limitations on a promissory note that was to be paid out by 2005. This was a business buyout.

There is always a statute of limitations issue in any civil matter. Given that this is now some six years old, that is the first and biggest...

How to become a silent partner?

As noted by my colleague, your brother needs to speak with an attorney. You don't provide many relevant facts, but if the business is going through...

I'm a 50% shareholder in an S Corp. The other partner wont to sign a non-compete. Is this a breech? Can he compete against us?

No one is obligated to sign anything. Now, his threat to compete against the corporation if you don't sell your shares is a more interesting...

I was in a job for 1 month at which time I was told I was no longer needed as the company's "business strategy has changed"

Unless you had an agreement or handbook policy that requires the employer to notify you, they don't have to give you notice. Unless you had a...

Quiet title / Land sale - related to: 1) Fee, 2) Email paper trail, have other docs as well.

It makes sense for him to consider a lien on the property. It is incorrect to claim that you cannot sell a property with a lien. Properties have...

Can an insurance company force you to take an euo , once you have refused the examination.

You can't be forced to answer questions. The insurance company, however, may have no obligation to cover this loss if you don't comply with the...

Selected as the best answer

See my answer to your same question you posted later.

Does Arizona have a three day attorney review period whereby the seller can cancel the contract?

No. The rights of rescission are for the buyer only and only certain types of contracts have rights of rescission under state or federal law....

I am co-owner of a small business partnership. Can I be sued personally when payments were made to the business?

If this business is a general partnership you and your husband are personally liable for the business debt and can be sued individually. A general...