Selling business which has $300K outstanding SBA loan; won't have money to pay it off. What are my options?
Bruce's answer
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Answered on December 27, 2016
One possible option is a lease/purchase option agreement. that averts the due-on-sale clause, not to mention, gives you a bit of protection in the...
Archived
If a commercial tenant signs a lease with incorrect spelling of corporation can a landlord hold tenant personally liable?
Bruce's answer
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Answered on December 27, 2016
Generally speaking, a simple typographic error does not create a situation where the corporation is nullified, if the obvious intent was to bind...
Archived
Household International Securities Litigation
Bruce's answer
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Answered on December 27, 2016
You should have been mailed an "opt out" letter/card prior to the class action settlement. If you didn't opt out, and the matter is settled, you...
Archived
Do I need a co-owners approval/signature for sale of a property of deed in lieu process?
Bruce's answer
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Answered on December 27, 2016
The problem with a deed in lieu of foreclosure is that most title companies will not insure, even thought there is a specific statute on point. ...
Archived
How can i get a tenant out of my rental house. Shes two month behind in rent. We have no signed rental agreement.
Bruce's answer
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Answered on December 27, 2016
She is still a tenant, with or without a written lease. Simply start an eviction proceeding, or retain an attorney to handle this for you.
If a commercial tenant (automotive shop) is evicted while there are still customer's cars in the shop, what happens to the cars?
Bruce's answer
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Answered on December 26, 2016
"....to the curb" or not, you would be responsible for the value of the vehicles. You need to contact the owners. Advise them they will be...
Archived
My mother made me sign Bank loan papers instead of school papers!
Bruce's answer
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Answered on December 26, 2016
If you were under you can renounce the contracts entirely. If you can prove "fraudulent inducement" you can also avoid liability. Yes, you do...
Archived
How can I get a sign Quitclaim Deed for my house after divorce.
Bruce's answer
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Answered on December 25, 2016
There is no "magic bullet" for your problem. You will need to return to court if she refuses to meet her obligations pursuant to the judgment.
Archived
Is an unpublished work only a trade secret if I don't reveal it during an offer for sale?
Bruce's answer
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Answered on December 25, 2016
An "unpublished work", depending on what you are referring to, is subject to copyright protection which would then protect you having to disclose...
Archived
Chase Bank - Joint account mis-management
Bruce's answer
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Answered on December 25, 2016
You can change your passwords, or close the account with your wife and open a new joint account. That will prevent access by the ex-wife.
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