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Principal Law Firm News

5 Tips for Finding Legal Counsel in Central Florida

2022-11-16T12:39:38-05:00December 8th, 2022|

The Florida bar has over 110,000 members. Not every one of these people is a viable option for your legal needs. With the countless advertisements for legal services bombarding us from every direction, it can be tough to determine who to hire. Follow these tips for picking a good lawyer in central Florida. 1. What [...]

Partnerships, LLCs and Corporations: Differences Explained

2022-11-16T11:26:26-05:00November 22nd, 2022|

You have a business idea and want to take your ideas from concept to reality. The first step is to form a business. This first step can have long-lasting consequences for you and your business, so it should not be taken lightly. Speaking with an attorney can help you understand the differences between partnerships, LLCs, [...]

5 Questions You Need to Ask Your Prospective Lawyer

2022-11-01T15:26:53-04:00November 8th, 2022|

Hiring a lawyer isn't something that people typically do on a regular basis. They only seek out legal representation when they have a need. Because of this, it can feel daunting to find and select a lawyer. So how do you know which one is right for your situation and needs? These five questions will [...]

Thinking of Getting a Loan to Purchase a Home? Not Without Checking These 5 Things

2022-10-04T21:31:57-04:00October 22nd, 2022|

The average mortgage balance in America is $208,185. For most people, their mortgage is the biggest financial obligation they have from the largest purchase they will ever make. This can create anxiety and stress. Knowing what to expect from a home buying loan can help ease these feelings. 1. Are You Prequalified? Getting prequalified for [...]

Co-Signers: What it Means and How It Can Help

2022-10-04T12:28:47-04:00October 8th, 2022|

About 40% of co-signers find themselves responsible for at least part of the primary borrower's debt. While this can sound alarming, this is the very reason why there are co-signers. Some borrowers are not in a financial situation to secure a loan, so a co-signer gives them access to the funding they wouldn't otherwise have [...]

Debt and Your Home: The Ultimate Guide on How to Deal With a Mortgage

2022-08-01T16:58:09-04:00August 8th, 2022|

At the end of 2018, 4.3% or 2.2 million homes had negative equity. This is a significant improvement from 2008 when more than half of mortgaged homes experienced negative equity. So, what is negative equity, and how does it affect your mortgage? This is just one of many situations that you can face when you [...]

The Probate Process Explained

2022-06-13T11:05:15-04:00June 22nd, 2022|

About 200,000 people pass away in Florida each year. For each one of these people, there is an estate that must be handled. There are three methods for handling a deceased's estate in Florida, formal, summery, and disposition without administration. Not every estate goes through probate. However, knowing the probate process can help you understand [...]

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