If your client fails to make a payment, often times, you as a business owner are consequently left with an unpaid balance. This can result in repetitive and tedious attempts to collect the unpaid invoices and may impose a strain on your client relationship.
When a vehicle is financed through a bank, the bank becomes a “secured party” in relations to the vehicle. This means that the bank now owns a financial interest in the vehicle, secured by the vehicle itself. Therefore, the information about the bank’s interest in the vehicle has to be put on the certificate of title, along with the borrower’s information.
What Happens If I Declare Bankruptcy? Chapter 7 and Chapter 13 of the Bankruptcy Code are aimed at relieving an
Will Filing for Bankruptcy Stop Collections? Once the debtor files for bankruptcy and the court accepts the petition, the court
Now that the United States Government has implemented the CARES Act, a historic stimulus bill, there might be recovery yet for the extreme slow down in business one may experience. However, too many people are having difficulties with banks granting them the loans this stimulus was intended to provide.
A grace period is a predetermined period of time immediately following a payment due date during which a late fee
EXECUTIVE SUMMARY: The CARES ACT passed by the U.S. Congress on Friday, March 27, 2020 and signed into law by
Last week Fannie Mae and Freddie Mac suspended evictions and foreclosures for families living in houses financed through one of their loans. This policy was now extended by the two banks to include renters as well, in the event when they are not able to pay rent due to the coronavirus outbreak.
The federal and state governments have offered a variety of aid or relief to individuals and small business owners related
When conflict between laws or orders issued from different levels of government exists, the law at the higher level will typically govern unless that law or declaration is found to be unconstitutional. For instance, when federal and state law is in conflict, the federal law will supersede, or preempt, the state law and take precedence due to the supremacy clause of the United States Constitution.
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This is a quick legal reference guide covering 16 topics that every business owner needs to have to start a business.
Esta es una guía rápida de referencia jurídica que cubre 16 temas que cada empresario necesita saber para empezar un negocio.
