A foreclosure refers to the process where a lending institution attempts to recover a portion of outstanding mortgage from a homeowner who’s defaulted on the loan. Typically, the lender will sell that property at a foreclosure auction. For real estate investors and home buyers, it’s often a good opportunity to buy low. However, buying a [...]
An attorney opinion letter is a formal piece of advice or an expression of judgment. It’s based on a professional’s expert knowledge. An opinion letter mostly refers to a document that contains an attorney’s understanding of the law. Whether you want to avoid costly litigation or correctly navigate your way through a current lawsuit, you [...]
With starting a new business comes optimism and hope. Dissolving a business, though, might or might not be a positive affair. It’s true that formally closing a business, in some cases, may just mean it’s time to move on to something else. Sometimes, though, a business has no other option but to end operations when [...]
Around the country, families are turning to different forms of debt relief to keep their properties and avoid bankruptcy. In the second quarter of 2018, more than 188,000 people filed for foreclosure. There’s no denying that foreclosure is traumatic for everyone, not to mention the fact that it can lead to a bad credit score. [...]
It’s human nature not to want to plan ahead for things we’d prefer to avoid, like illness or death. Yet, 42% of Americans have a friend or relative the suffer from a terminal illness. There might just be a time when you need someone to step in and take care of your health care decisions. [...]
Isn’t “Results Oriented” A Buzzword? What does it mean to be “results oriented?” On the surface, it sounds like a click bait phrase employed to make a simple idea--focus as a positive quality--into a multi-syllable buzzword. Unfortunately, a lot of so called professional blogs, sites, and social media pages are very “results oriented” when the [...]
What Is Bankruptcy? Bankruptcy is a method--put in place by federal law--for individuals and businesses to discharge their debts. Bankruptcy can be confusing as certain kinds of debts cannot be discharged, while other kinds may only be disposed of subject to special terms and conditions. If a person can prove that they are bankrupt, however, [...]
What Is A Trade Secret? A “trade secret” is a little like McDonald’s “special sauce” or Kentucky Fried Chicken’s “11 secret spices.” For a fast food restaurant, it’s an ingredient or recipe--for a real estate agent, it might be a sales formula or lead-generation system. In the Fortune 500 context, Tesla’s new battery technology or [...]
How Can I Organize My Small Business? If you’re reading this, odds are you own a small business or you’re seriously considering starting one. You’ve probably spent years pulling together your initial funding, drafting a business plan, looking at commercial real-estate, and doing all the other myriad tasks required to get a new venture up, [...]
What Is A Foreclosure? If you’re reading this, odds are you already know what a foreclosure is and how it may affect your life. Nevertheless, a brief review might help explain the issue in a little more detail. Put simply, a foreclosure is the legal process by which a bank or other lender may take [...]
