What defines a properly capitalized LLC business? and what defines an owner vs member vs creditor?

Be careful. If "you" borrowed money from your friend, then putting the LLC into bankruptcy will not make that debt go away. If there are no...

Can your spouse be liable for my business debts w/ personal guarantees debts occurring before the marriage in California?

Because California is a "community property" state, property that you and your wife accumulate during marriage ("community property") will be...

How many days do two persons have to answer an Unlawful Detainer summons if only one of the two parties was served.

Be careful. The person who was served MIGHT have been served both on his behalf as well as on behalf of the other person. This is called...

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A FAMILY MEMBER BORROWING $ 2000.00 FROM ME.

If the loan is primarily for personal, family or household purposes then the rate may not excede 10% per year. If the loan is for "non-household...

Maybe. In California, case law has established that a battery is an unwanted touching of any kind. A battery is an intentional and offensive...

Usury

No. Art.15, Sec.1, Subsec. 2 of the California Constitution sets the limit on loans for "non-household purposes" at the higher of: (a) 10% or (b)...