Bankruptcy & consumer credit : Law & Legal & Attorney
Bylaws function as the constitution of an organization. They are typically drafted by founders of corporations, although unincorporated associations use them as well. Even though no state requires corporations to create bylaws and most have no provision for filing them with state authorities, bylaws
Property Transfer Tax must be paid when property is acquired in the Canadian province of British Columbia. PTT applies whether the property is a gift, bought, exchanged or transferred from a corporation to any of its shareholders. Some transactions, however, may be exempt from PTT, such as when a pr
The men and women who serve in the United States military take on an incredible responsibility and place themselves willingly in harm's way. This is a noble gesture, and without the work of these service persons, it is very likely that the quality of life that we have come to expect would simpl
The Board of Directors of a corporation manages the corporation on behalf of that corporation's shareholders. As a result, shareholder meetings differ in a number of ways from Board of Directors meetings.
A Chapter 11 bankruptcy is designed to permit a business the ability to continue functioning, reorganize its operations and restructure its debt. The primary objective of a Chapter 11 bankruptcy is to provide a business the protection it needs to regain a stable and ultimately profitable financial f
Tenants need to check the property and the agreement prior to choosing to rent a piece of real estate.houses image by Vitezslav Halamka from Fotolia.comBefore moving into a new home or office, there are a few things you will want to take a look at: Each state has set standards and...
The California Secretary of State's office handles the licensing of corporations in the state. Incorporators must follow a strict set of rules for the Secretary of State to grant a license. The name and number of directors of a corporation, who may file to incorporate and the cost of a...
There are two types of personal bankruptcy, a Chapter 7 complete liquidation of assets or a Chapter 13 repayment bankruptcy plan. Both types of personal bankruptcy allow married debtors to file jointly or separately. Each type of bankruptcy creates a bankruptcy plan that allows the debtor or debto
Your cosigner’s bankruptcy doesn't have to result in repossession, but it may, especially if the payments on the car note aren’t current. Most states allow creditors to enter your property and take your vehicle without notice if you default on the loan. Whether a signer’s bankruptc
Choosing to file for bankruptcy is an enormous decision. Of course, bankruptcy can enable you to have a new lease on your monetary future, but it could also wreck havoc on your credit report. Thus, it
A parent company is generally described as the company that owns or controls subsidiaries through the ownership of voting shares. A parent company may also be called a holding company. A limited liability company (LLC) is a business entity permitted by state law. In some respects an LLC is like a pa
In Georgia, debtors who fail to pay off all of their debts are given the option to file for Chapter 7 bankruptcy. Provided the court grants your petition and you can prove that your income does not allow you to make consistent payments, you will be eligible for debt relief. You may want to enlist th
One of the ways many people are forced to use to get out of debt is to file bankruptcy, but to do so successfully you may need to hire you an attorney so you can ensure all your bases are covered. Obviously if you are facing a bankruptcy you are financially strapped for cash, so how do you cover the