Business Law

Ask a business lLawyer. Get business law questions answered ASAP.

Ask a Lawyer,
Get an Answer ASAP!

Related Business Law Questions
Lending: In the state of CA, I leant money to an individual
Lending: In the state of CA, I leant money to an individual with a promise to pay back in with stated payback. I am not getting cooperation from the borrower to work out a payback. The terms of the tw… read more
Barrister
Barrister
Attorney
Doctoral Degree
692 satisfied customers
I own a small company, LLC, in California. I own 70% my
I own a small company, LLC, in California. I own 70% my partner owns 30%. Partner is suing me for w2 wages that I stopped paying him when the company couldn't pay. I understand now that he should not … read more
Ray
Ray
Lawyer
Doctoral Degree
47,931 satisfied customers
Hope you are well. I'm running this by a CPA, but also
Good Morning Richard,Hope you are well.I'm running this by a CPA, but also wanted the legal perspective.I have/had a group of several clients who used to be partners with each other in two LLC busines… read more
Richard
Richard
Owner
Doctoral Degree
50,915 satisfied customers
I was interested in knowing a little bit more about an LLC
I was interested in knowing a little bit more about an LLC and not sure who I can talk too. My partner and I were looking to open a company where we could buy fix and sell homes. What would we need to… read more
Richard
Richard
Owner
Doctoral Degree
50,915 satisfied customers
I have an LLC (First LLC) thru which I own and operate 3
I have an LLC (First LLC) thru which I own and operate 3 hair salons. The 3 salons are financed through a bank (First Bank) . I am trying to start a fourth salon and my new lender (Second Bank) has ad… read more
CalAttorney2
CalAttorney2
Attorney
Doctoral Degree
8,845 satisfied customers
RogeI have a bank note from a bank from a line of credit. They are
Hi Roge I have a bank note from a bank from a line of credit. They are calling the note. Not backed by collateral but has personal implications. Note was initiated in Maryland but I live in NC.… read more
Roger
Roger
Litigation Attorney
Doctoral Degree
27,038 satisfied customers
A question on business legal structure, maximizing the legal
A question on business legal structure, maximizing the legal protection of the individual owners. Myself and one other person wants to purchase a $1.5M farm property/estate. It's a beautiful location … read more
TexLaw
TexLaw
Attorney
Post-Doctoral Degree
4,347 satisfied customers
If one partner in an LLC contributes 10% of the financing of
If one partner in an LLC contributes 10% of the financing of a 100% business loan from the SBA, the loan is in that person's name because of credit and SBA benefits that are based on one partner's par… read more
Attorney2020
Attorney2020
Lawyer
2,480 satisfied customers
I have another question related to the same issue. My partners
I have another question related to the same issue. My partners are coming up with a separate contract for the buy out. I will continue to remain on the SBA loan till they refinance in 2 years or so. S… read more
Legalease
Legalease
Attorney At Law
Doctor of Law w/ highest honors
15,719 satisfied customers
Formed a Maryland LLC (Chesapeake Concept and Design - CCD)with
Formed a Maryland LLC (Chesapeake Concept and Design - CCD)with equal partner. The LLC was unilaterally cancelled by my partner. Partner in terminating LLC denied the LLC had creditors. I own a Maryla… read more
TexLaw
TexLaw
Attorney
Post-Doctoral Degree
4,347 satisfied customers
I just had a judgment placed against me for $600,000 because
I just had a judgment placed against me for $600,000 because of a loan I could not pay back. They placed it against me and my wife and a business that my wife and I owned called Watts Insurance Group … read more
Law Pro
Law Pro
Doctoral Degree
19,000 satisfied customers
1. If two parties jointly sign a promissory note, and one
1. If two parties jointly sign a promissory note, and one party makes a payment and acknowledges the debt after the statute of limitations has run (thus creating a new statute of limitations), is the … read more
Law Pro
Law Pro
Doctoral Degree
19,000 satisfied customers
How does personal bankruptcy chap 13 affect ownership of llc
How does personal bankruptcy chap 13 affect ownership of llc and personal loans made to me by that llc? I own 50% of a real estate investment llc in kansas. It owns 3 properties still. Due to legal ba… read more
Dimitry K., Esq.
Dimitry K., Esq.
Attorney
Doctoral Degree
1,611 satisfied customers
I was one of two members of an IT consulting LLC that is no
I was one of two members of an IT consulting LLC that is no longer in operation. During the term of the LLC my partner secured a revolving line of credit under the business for 50,000. He personally g… read more
Nate
Nate
Managing Member
Juris Doctor
2,832 satisfied customers
In Sept. 2006, my wife and I guaranteed a loan which turns
In Sept. 2006, my wife and I guaranteed a loan which turns out to have been fraudulent, in that the seller and buyer conspired to arrange for a sale and financing of 2 office condo units for use by th… read more
WCLawyer
WCLawyer
Attorney
Bachelor's Degree
8,904 satisfied customers
I formed a company as an LLC in NM with a partner in 2006.
I formed a company as an LLC in NM with a partner in 2006. His mother loaned us $35,000 to get started. The checks she wrote to us all say "Loan". He left the company after 8 months citing that I was … read more
MShore Law
MShore Law
Attorney
Doctoral Degree
1,233 satisfied customers
What do I need to sue this person for my rightful ownership
What do I need to sue this person for my rightful ownership of the company. I have a more detailed answer if anyone wants the case. OK I started a Music parts store in 2004. 2006 I placed an ad on cra… read more
N Cal Attorney
N Cal Attorney
JD
6,987 satisfied customers
Question about LLC and real estate. We are interested in purchasing
Question about LLC and real estate. We are interested in purchasing an investment property (to rent out) and then to place it in our LLC, to provide added liability protection from renters. We would n… read more
Infolawyer
Infolawyer
Attorney
Doctoral Degree
65,679 satisfied customers

DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

Mr. Kaplun clearly had an exceptional understanding of the issue and was able to explain it concisely. I would recommend JustAnswer to anyone. Great service that lives up to its promises!

Gary B.Edmond, OK

My Expert was fast and seemed to have the answer to my taser question at the tips of her fingers. Communication was excellent. I left feeling confident in her answer.

EricRedwood City, CA

I am very pleased with JustAnswer as a place to go for divorce or criminal law knowledge and insight.

MichaelWichita, KS

PaulMJD helped me with questions I had regarding an urgent legal matter. His answers were excellent.

Three H.Houston, TX

Anne was extremely helpful. Her information put me in the right direction for action that kept me legal, possible saving me a ton of money in the future. Thank you again, Anne!!

ElaineAtlanta, GA

It worked great. I had the facts and I presented them to my ex-landlord and she folded and returned my deposit. The 50 bucks I spent with you solved my problem.

TonyApopka, FL

Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help.

Mary C.Freshfield, Liverpool, UK

< Previous | Next >

Meet the Experts:

Infolawyer

Infolawyer

Attorney

65,679 satisfied customers

Experienced lawyer

Dimitry K., Esq.

Dimitry K., Esq.

Attorney

1,611 satisfied customers

Run my own successful business/contract law practice.

MShore Law

MShore Law

Attorney

1,233 satisfied customers

Drafted Negotiated and/or Reviewed Thousands of Commercial Agreements

RGMacEsq

RGMacEsq

Attorney

793 satisfied customers

Licensed Texas General Practice Attorney

Barrister

Barrister

Attorney

692 satisfied customers

17 years practicing attorney, JD, BA, MBA

Ely

Ely

Attorney

604 satisfied customers

Counselor at Law.

J.Hazelbaker

J.Hazelbaker

Attorney

393 satisfied customers

Experienced and trained in the area of business law.

< Previous | Next >

DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

Show MoreShow Less

Ask Your Question

x