by Jennifer Ferri | Jul 9, 2020 | Legal
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....
by Jennifer Ferri | Jun 11, 2020 | Legal
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...
by Jennifer Ferri | May 21, 2020 | Legal
When the legal state of marriage is ended by divorce, legal commitments by the couple – property, debts and more – must be resolved. Asset division can be complicated and emotional, and legal advice is frequently required. While laws vary by state, the...
by Jennifer Ferri | Apr 30, 2020 | Legal
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...
by Jennifer Ferri | Apr 2, 2020 | Legal
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. These...
by Jennifer Ferri | Mar 12, 2020 | Legal
‘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...