Archived
If a California corporation only has two owners do they both have to be listed in the Statement of Information?
Bruce's answer
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Answered on August 12, 2012
Check your corporate minutes on this issue. Your corporate minutes should address who are the directors and officers of the corporation.
If you...
Archived
I purchased a fridge at Howards in Long Beach. They failed to deliver. I cancelled the sale. They refused to give me a credit.
Bruce's answer
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Answered on August 11, 2012
I would review the purchase agreement. There may be language to the affect that they have a reasonable/certain time period in which to deliver the...
Contacted by Nelson & Kennard collecting a debt for another collection agency. Should I give them what they are asking for?
Bruce's answer
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Answered on August 11, 2012
If they sue you and they are saying they will, they will eventually perform a debtors examination if the are serious about collecting the debt. At...
Archived
We are currently an S corporation but our business is closing because we chose not to resign our lease.
Bruce's answer
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Answered on August 11, 2012
You may need to offer the opportunity of your other shareholder/not a partner to participate in the new business. It appears as though you may be...
Archived
My wife is now on the board of directors for an incorporated family farm. Can she be persued for any liability claim?
Bruce's answer
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Answered on August 10, 2012
As long as the corporation is operated properly with respect to the laws of the state it is incorporated in and operates in, generally she would...
Archived
What the statues of limitatons for judgments against you.
Bruce's answer
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Answered on August 08, 2012
10 years. You should review a copy of the legal file by going to the court. You can determine if it is a debt you are liable for.
BW
Archived
BANKRUPTCY
Bruce's answer
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Answered on August 08, 2012
Counselor's Westin and Bunce offer excellent advice.
The problem you may face is the SSN is used to verify your identity for BK purposes and it...
Archived
Self employeed can be garnished
Bruce's answer
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Answered on August 08, 2012
1. If judgment is against you they can garhish your wages and attempt to collect against any assets that you have.
2. If judgment is against...
Archived
I have a stipulated judgment from the OC courts against a former tenant who has failed to adhere to a payment schedule.
Bruce's answer
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Answered on August 08, 2012
I have an office in Laguna Niguel and could meet with you on Thurs. to discuss fees and collecting on the judgment.
A debtor examination need to...
Archived
My car was repossessed and the Finance company refuses to fill out a release of liability form after they sold it. Now Dmv sent
Bruce's answer
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Answered on August 07, 2012
Clarify - Notice of intent to suspend what?
BW
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