Article 9 is a section under the UCC governing secured transactions including the creation and enforcement of debts. Article 9 spells out the procedure for settling debts, including various types of collateralized loans and bonds. What is Article 9 explained? …
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Can you buy a house after Chapter 7?
During a Chapter 7 bankruptcy, a court wipes away your qualifying debts. Unfortunately, your credit will also take a major hit. If you’ve gone through a Chapter 7 bankruptcy, you’ll need to wait at least 4 years after a court …
Leia maisHow do I transfer property to a trust in Arizona?
Real Estate – Real estate which is to be transferred into a trust must be conveyed in an Arizona Deed. The document must be signed by all parties in front of a Notary Public and filed with the County Recorder’s …
Leia maisHow do I file a complaint against a mortgage in California?
Department of Financial Protection and Innovation If you need assistance with the complaint form, please call 1-866-275-2677. How to file a complaint against a mortgage lender in California? Make a complaint on the Better Business Bureau: Although the BBB is …
Leia maisHow long do you have to respond to discovery in federal court?
within 30 days(2) Time to Respond. The responding party must serve its answers and any objections within 30 days after being served with the interrogatoriesinterrogatoriesIn a civil action, an interrogatory is a list of questions one party sends to another …
Leia maisWhat happens when company goes into administration?
When a company enters administration the control of the company is passed to the appointed administrator (who must be a licensed insolvency practitioner). The administrator’s primary goal is to leverage the company’s assets to repay creditors as quickly and as …
Leia maisWhat are consumer protection laws meant to do?
Consumer protection is a selection of laws that protect individual consumers against unfair selling practices for goods, services and digital content. What is the purpose of consumer protection? Consumer protection safeguards the well-being and interests of consumers through education, mobilization …
Leia maisWhat did Gerald Gault do?
Gerald (“Jerry”) Gault was a 15 year-old accused of making an obscene telephone call to a neighbor, Mrs. Cook, on June 8, 1964. After Mrs. Cook filed a complaint, Gault and a friend, Ronald Lewis, were arrested and taken to …
Leia maisWhat is the standard for summary judgment?
Summary judgment is a legal principle that allows a court to decide a case without a full trial if it determines that no reasonable jury could return a verdict for the plaintiff. It’s based on the idea that a court …
Leia maisWhat is a company’s solvency?
Solvency is the ability of a company to meet its long-term debts and financial obligations. What do you mean by solvency of a company? Solvency is the ability of a company to meet its long-term financial obligations. What is solvency …
Leia maisHow long is a small claims Judgement good for in California?
You have 10 years from the date the judgment was issued to collect your money. If you cannot collect within 10 years, you can renew the judgment for another ten years by filing the forms called EJ-190 Application For And …
Leia maisWhat is HAFA program?
The Home Affordable Foreclosure Alternatives (HAFA) Program The HAFA program allows borrowers to leave their properties through two possible means, a short sale or a deed in lieu of foreclosure. Short sales require you to sell your house for less …
Leia maisHow do you serve notice and Acknowledgement of receipt?
Mailing a copy of the summons and complaint, two copies of a noticenoticeNotice is the legal concept describing a requirement that a party be aware of legal process affecting their rights, obligations or duties. There are several types of notice: …
Leia maisHow do I find a probate case?
Once you know the county where probate was filed, you can do a search for the estate. You would go to the county government’s website and search by name of the deceased. You may also be able to search by …
Leia maisCan you get rid of a second mortgage in Chapter 7?
If you file for Chapter 7 bankruptcy, you cannot get rid of second mortgages, home equity lines of credit (HELOCs), or home equity loans. Filers in the Eleventh Circuit Court of Appeals, are no longer able to strip off (remove) …
Leia maisShould probate be avoided?
The two main reasons to avoid probate are the time and money it can take to complete. Remember that probate is a court process, and along with the various proceedings and hearings, simply gathering assets and paying off debts of …
Leia maisWhat is the fiduciary of an estate?
Fiduciaries are responsible for protecting the property until all debts and taxes are paid and to promptly and efficiently administer the estate. In general, fiduciaries have three responsibilities: Collect, inventory, and appraise all the assets of the estate. What is …
Leia maisWhat triggers probate in Oregon?
Probate can be started immediately after death and takes a minimum of four months. If the estate includes property that takes a while to sell, or if there are complicated tax or other matters, probate can last much longer. A …
Leia maisWhat is an involuntary lien issued by a debt collector?
An involuntary lien, on the other hand, is one filed by a creditor in pursuit of outstanding debt. Involuntary liens are typically placed on your assets by a court; they give a creditor legal claim to what they’re owed and …
Leia maisWhat is the difference between a person’s negotiating style and their negotiating strategy?
What is a negotiating style? Negotiation styles, or behaviors, are patterns of communication used during a negotiation situation to achieve a desirable outcome. There are five primary negotiation styles: accommodating, avoiding, collaborating, competing, and compromising. What are the negotiating strategies? …
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