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Almost everyone enters into a business contract with the best intentions. After all, meeting contractual agreements is just good practice and may establish relationships and grow your business. What happens, however, when your good intentions go awry? You may...
As a lender or other creditor, there are numerous laws that limit your rights and dictate what you can do to collect on debts and past due accounts. It can be quite confusing to try to seek repayment, especially in a situation where there may be more than one party...
You established your business a few years ago and it’s thriving. In fact, it’s almost becoming too much to handle. You have a stable workforce that has boosted your company exponentially. You expect more growth in the future. However, you are not sure if your company...
You’ve provided goods or services to the highest standard. You’ve lived up to your side of the bargain, but the customer is still refusing to pay the amount you are owed. This can be both infuriating and costly to your company. What can you do about it? How can you...
Every year, April is dubbed “Fair Housing Month” to celebrate the Fair Housing Act of 1968. That was an important step toward ending the housing discrimination against minorities and women that created segregated communities and artificial barriers toward...
When a person or business owes them money, some creditors would stop at nothing to get that money from them. That’s why federal law protects those who owe money from unfair and harassing collection tactics. Specifically, the Fair Debt Collection Practices Act (FDCPA)...
Debtors who have more bills than they do money each month may decide that they’re going to file for bankruptcy. This is a legal method of doing away with part or all of the debt they owe. There are different types of bankruptcies. Some require the person or business...
When borrowers miss payments on commercial or residential loans, lenders have the ability to foreclose on the property. This essentially means that they reclaim the property and they will attempt to sell it to make up what they can from the loan. One thing that both...
Loaning money for the purchase of commercial real estate is different from offering a mortgage for someone's primary residence. As important as a business's facilities may be to its operations, a business's property won't have the same emotional value that a primary...
Your neighbor comes to you and asks if they can set up a legal easement with your property. They need to be able to cross it at certain times, perhaps as they develop the property around your land or for other reasons. At first, you think it sounds like a great idea....
