Category Archives: Miscellaneous Legal Topics

5 Common Debt Solutions Scams

By | September 14, 2010

The reason you choose to enroll with a debt solutions company is to get out of debt.  However, if you choose the wrong company your debt problems could get worse.  Recently, some states have enacted laws to regulate debt solutions firms, while other states are in the process of enacting these kinds of laws.  Here are 5 of… Read More »

What Lawyers Can Learn From Entrepreneurs

By | July 12, 2010

It’s Not Enough To Be A Great Lawyer In Order To Thrive Whether you are a solo practitioner or a first year associate at a 1000 attorney law firm, or an in-house counsel at a corporation, you can make your practice more satisfying and yourself more effective by thinking of your law practice as an entrepreneurial venture and… Read More »

When should I obtain a receipt?

By | May 13, 2008

The simple answer to the question of when you should obtain a receipt is always. When you sell something or give something away which has any value, either monetary or personal, you should obtain a signed receipt from the person receiving it.

The dangers of not having a promissory note when loaning money

By | May 13, 2008

When you make a monetary loan, it is always a good idea to have a promissory note setting forth the terms of the loan. A promissory note is also used in real estate transactions.

Do I need a general power of attorney or a limited one?

By | May 13, 2008

A power of attorney is a document giving a trusted friend or lawyer the right to perform any legal act on your behalf. Anyone should be very cautious about utilizing these documents, as the person holding the power can literally perform any transaction in your absence. However, many times this grant of power is absolutely necessary to handle… Read More »

Why should I sign a consent form if my child is traveling with relatives or friends?

By | May 13, 2008

At times your child may have the opportunity to take a vacation or trip without you present. However, unexpected problems can always arise, which might require your consent. Let’s say, for example, that your child travels with a friend for school vacation to visit another state. While there, your child falls out of a tree on the family… Read More »

Why is a letter of credit important?

By | May 13, 2008

Guidelines for letters of credit are set up in Article 5 of the Uniform Commercial Code. Letters of credit are important for business entities and individuals alike. When a business is attempting to purchase goods, services and technology to serve their clients, a letter of credit is essential. Most businesses do not pay cash or write a check… Read More »

How can I correct errors on my credit report?

By | May 13, 2008

Throughout our lives, banks, lenders, landlords, insurance companies, stores, and often employers, gather information about our credit for one reason or another. Due to the abuses of reporting by various agencies (or simply human error), Congress, in 1970, passed the Fair Credit Reporting Act as part of the Consumer Credit Protection Act.

When would it be wise for my business to utilize confidentiality agreements?

By | May 13, 2008

Along the same lines as covenants not to compete are confidentiality agreements. Many times an employee or partner will leave a business and the need for a complete “no competition” agreement is not necessary. A simple confidentiality agreement may be entirely suitable when attempting to protect a company’s secret food recipe, cooking technique, perfume formula, varnishing mixture, anything… Read More »

When should I use a bill of sale?

By | May 13, 2008

Many people think that a bill of sale is not necessary when selling an antique table or the old junk car in the backyard. However, a bill of sale should be used when any personal property is disposed of. It is a necessary contract to protect both parties. The bill of sale sets out the terms upon which… Read More »