How many months behind on your mortgage do you have to be before a lender will decide to accelerate your entire loan balance,

There is no black and white answers, every lender is different, but they can begin the foreclosure process at 2 payments past due. The loan does...

If a Petition for Partition in California is filed, can the court force a party to accept a Fair Market Value buyout offer

If Party 2 pays for another INDEPENDENT appraisal, it should be in the same value range, so go with that if Party 2 will accept that price.. Sounds...

Can I form a corporation or LLC in Wyoming/Delaware without registering as a foreign corporation in California?

An LLC is a business, so it doesn't really make sense the main "asset" of the LLC is a "personal checking account"); you can however set up an LLC...

How do I transfer a business via Small Estate Affidavit?

There are various issues, beginning with, are there heirs of the deceased, and if so are they claiming an interest in the business. Also, how the...

If a junior lienholder is the winning bidder when a senior lienholder forecloses on a property,

Your question is confusing, did you bid MORE than the first loan amount AND the 2nd loan amount AND any other liens or taxes due?---that's the only...

Real Estate law. Purchase contract question.

There are more costs like escrow and title, which are a must if you want to be protected as a buyer, you need title to check for all liens, prepare...

Can a person hold a S corporation without having payroll in it. Since this S corp has a passive income to the owner personal tax

You can, but it is a red flag for the IRS and you will be audited and ALL distributions will be considered salary with payroll taxes due; it is...

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How to put my son on title of my home?

A Revocable Living Trust is perfect; it does not violate the mortgage terms and avoids probate; it does not put son on title immediately but is...

What is the difference between a corporation, a LLC, and a limited partnership?

This is an extensive conversation about which entity to use and the differences. There are many factors to take into consideration. Attorney...

If the Franchise Agreement has different terms that your current agreement, then yes you are to be supplied with a current FDD; you can ask for...