While a misspelled middle name would not automatically invalidate the document, Standard Legal strongly suggests that the document be corrected so that no issues might arise in the future.
When are Student Loans Dischargeable in Bankruptcy?
Student loans are NOT usually discharged in a bankruptcy case. However, in some circumstances, these debts can be discharged if the bankruptcy debtor can show that payment of the debt “will impose an undue hardship on you and your dependents.”
Can the Landlord Kick Me Out If My Roommate Leaves Without Notice?
A lease is a contract between the landlord and the tenant, and typically requires little in the way of “legal interpretation”. Simply read the lease agreement carefully to ascertain your rights and the rights of the landlord for nearly any situation that might arise.
What is the Difference Between Standard Legal’s Consumer and Professional Version Legal Forms Software?
Certainly by the nature of the legal topics involved, much of the content is similar between the consumer version of Standard Legal’s self-help legal forms and the Professional Version of the software. But while the content is similar, the price is not.
This significant difference in price is for the granting of a license for the commercial use of our work product.
What Does “Presumption Does Not Arise” Mean in Bankruptcy?
The statement ‘Presumption Does Not Arise’ indicates that a debtor’s income is not great enough that he or she would be disqualified automatically from filing a Chapter 7 Bankruptcy case.
If a Bankruptcy Filing Was Never Discharged, How Long Before I Can File Again?
Sometimes, people begin a pro se (do it yourself) Bankruptcy filing with clear intentions. Sometimes, they initiate the process but do not follow it through to completion. Sometimes, those same people find themselves in the exact same financial situation just a few years later and are in even greater need to file for Bankruptcy.
Typically, Bankruptcy law requires an eight year time span before a person can refile for personal Bankruptcy again. But this time restriction is not always set in stone.
What is Required to Create a ‘Deed in Lieu of Foreclosure’?
A “deed in lieu of foreclosure” is not a customized or language-specific legal document; it is the phrase given to the process of transferring title to a mortgage holder (by deed) in lieu of the mortgage holder going through with a foreclosure lawsuit.
If I Move to a New State, Must I Create a New Will and Living Will?
Generally, there is no requirement that Will or Living Will documents must be re-drawn when a person moves from one state to another, provided that the original document meets even the basic requirements of each state\’s laws. If there is any doubt regarding the validity of your documents, we suggest you create new ones, given … Read more
If an LLC is Inactive, are its Members Still Protected from Judgments and Liabilities?
An LLC provides liability protection for any and all debts or obligations incurred in the name of the LLC. If the members personally guarantee any LLC obligation, the entity structure will not protect the members from such obligation.
Also, if the members have not operated the LLC properly (i.e. did not maintain a separate bank account, did not enter contracts in the name of the LLC, did not keep accurate or sufficient company records, etc.), then creditors may have the opportunity to “pierce the veil” of the LLC entity and pursue the members personally for any LLC obligations.
How Long Must I Wait to File Chapter 7 if I’ve Filed Before?
A Bankruptcy debtor cannot file another Chapter 7 for a period of eight years from the date of the previous Chapter 7 filing.