Archived
Recently bought a business and I need to know whether or not I have to honor what previous owner agreed to with customers.
Elias's answer
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Answered on November 06, 2008
Generally prior owner's coupons and discounts are seen as general store liabilities. If you agreed to take on the store's liabilities when you...
Archived
Incorporating My Business
Elias's answer
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Answered on November 06, 2008
Although it is always best to get legal representation when it comes to incorporating a business, it is not necessary so long as the business owner...
My business partner died with credit card debt, who is liable his estate, the business or the business partner in New Jersey
Elias's answer
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Answered on November 06, 2008
That all depends on who's name the card was or if it was a business credit card. If it was a personal credit card, then the liability remains with...
Archived
Personal bankruptcy filing and affect on small business assets
Elias's answer
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Answered on November 05, 2008
Filing for personal bankruptcy only affects the individual filer and not necessarily the business entity. Howeve, if the business is still new,...
Archived
Asset protection
Elias's answer
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Answered on November 05, 2008
In order for full protection under a trust, the transfer must have been irrevocable. If the transfer was made revocable, then there may still be...
Archived
What kind of documentation can i use instead of federal income tax return information?
Elias's answer
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Answered on November 05, 2008
Generally, when filing for spousal residency, the USBCIS reviews documentation or proof of income. If you don't have filed tax returns, you may...
OUTSTANDING CITATION
Elias's answer
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Answered on November 05, 2008
The best way to take care of this is to contact the clerk for the court that issued the ticket. They should have a record of whether the ticket...
Archived
Unmarried couple: legal right to money made while he was overseas and I maintained our home
Elias's answer
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Answered on August 30, 2008
You may be deemd as common law marriage depending on certain facts. If so, then you would be entitled to 50% of all income made during the common...
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