In as much as people plan for the distribution of assets after death, it is also advisable to plan for the settlement of debts under the same circumstances. For you to plan for your debt settlements, you need to understand how debts are handled when a person dies. Below are some of the things that determine debt settlement after death. Type of Debt The type of debt you have is a critical factor in determining what happens to it after your demise.
When you file a personal injury lawsuit, you should also prepare to provide a deposition. A deposition is a period of time in which you sit down and provide the details of your accident and resulting injury while under oath. The deposition helps to determine who is at fault for the accident. There are some rules for depositions, which include the following. Be Honest You are providing a statement under oath, and you swear to tell the truth under penalty of the law.
When you choose to use Chapter 13 bankruptcy, your lawyer will work with the trustee to create a repayment plan for you. This plan typically lasts for either 36 months or 60 months, and in order to successfully complete your Chapter 13 plan, you must make every single payment for the entire duration of the plan. Failing to make even just one of the required payments could result in consequences, and here are some of the consequences you face if you do not follow the plan you have for your bankruptcy case.
You might be interested in going public and allowing people to purchase stock in your company at some point. Even though you might be pretty excited about this big change for your business, you might be a little nervous about how everything is going to work out, too. It's totally normal to be nervous during this important time, but if you need some tips and advice for preparing your company for its initial public offering, you'll want to remember these three things.
If you were recently the victim of an auto accident where the other driver was clearly the one at fault, you may think that this is the type of case that doesn't require the help of a lawyer. Being rear-ended at a red light or hit by someone running a stop sign may be an open-and-shut case in your eyes, but there is a lot more to an auto accident case than determining fault.
We all know that lawyers are professionals who help people interpret and work with the law, but do you know how a law firm works from the inside out? I am a professional paralegal, and I have worked in both large and small law firms during my career. I can tell you that a successful law firm needs more than just lawyers to keep it running smoothly, and sometimes things can get really crazy! Take a tour through a law firm in my blog, and find out what really goes on behind the scenes of an active and successful law firm.