By way of disclaimer, I must declare as follows: It is always a bad idea to haunt your relatives after you are dead. It never works out the way you think. This doesn’t mean, however, that death should prevent you from exerting your Will, especially where your hard-earned cash and property are concerned. You can’t … read more
Grigaltchik & Galustov, P.A.’s Law Blog
The LLC Advantange: Charging Order protection
So, as a prudent business owner, you’ve incorporated to protect your personal assets from the potential creditors of your business? Good for you. But who will protect your business assets from your personal creditors? If you structured your business as a corporation, your personal creditors could take over or “attach” your shares, vote your shares, … read more
Managing The Three P’s Of Business
So, you’ve got a plan, a product and a partner, and you’re ready to launch your very own business and take the world markets by storm. In this article, we will explore the different legal issues that prudent business owners should address before going forward with any business venture. Essential to the operation of any … read more
Foreclosures: David v. Goliath
Foreclosure Defense: David v. Goliath The worst thing you can do when facing foreclosure is nothing. Unfortunately, too many borrowers do just that. Borrowers tend to be intimidated by lenders because lenders tend to be big banks. To the average American borrower, the very word “bank” invokes something ominous and untouchable. They’re rich and you’re … read more
Chapter 13 Cram Down Provisions
Chapter 13 Cram Down Provisions Let’s face it. No one knows what’s going to happen tomorrow. With a sigh, news anchors reference “these uncertain economic times.” And it all begins and ends with you, American business owners — far-seers, risk-takers, trailblazers. Only these days, you can’t see as far, and you can’t risk as much, … read more