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Alternatives To Litigation

While there’s no concrete answer to how long a lawsuit process might take in court, US cases take over a year on average, and cases running 5 or more years are not unheard of. The load of cases before state courts has increased over time, while staffing has not....

What is a Limited Liability Corporation?

In US law, corporations are organizations authorized to act as a legal entity. United States law also recognizes another legal status for a company, called a ‘limited liability corporation,’ or LLC for short. LLCs are not separate legal entities like...

How Does Bankruptcy Protection Work?

When a person or business concludes that paying off their debts just isn’t a realistic option, they may file for bankruptcy in Federal Bankruptcy court. A bankruptcy filing places an automatic stay on debt-related actions and judgements, including wage...

Power of Attorney: The Most Common Types

Imagine a board game player telling a friend ‘roll for me, but don’t sell anything.’ Would the friend continue to roll when the player returned? Probably not. In game terms, they were granting a limited, temporary power to act on their behalf.┬áThese...

What is a Deed In Lieu?

‘Deed In Lieu’ is a common short-hand term for a particular situation. Namely: when a borrower can’t make loan payments and hands over their deed to the property instead, so that the lender does not have to take the home. The full phrase is...
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