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About 1 year ago couple things happened and I made a bad panic decision. I own up to it and this year I kick but trying to reverse the damages. In doing so we or should insaybi was told that if I sign 51% of the business over to her we would get a big tax break cause she would be a minority... View More 
answered on Dec 5, 2023
This is really concerning. Normally, the business accounts should be separate from your personal accounts. So it would be great to clarify with you how many accounts they are and why there are so many for the business.
If your name is associated with the accounts for the business then you... View More
Purchased a vehicle in IL over the wknd. I and they forgot about the $$ down payment. I signed the contracts. They called me up to request I pay it. Can I legally return the vehicle or do I have to pay the $$? I have it, just having buyers remorse and thought this might be a legal opportunity to... View More
answered on May 2, 2023
Thank you for the questions. I can't be certain unless I have read the contract. Did you read it in detail? Are there parts that you do not understand?
When you look closely at what they did charge you sure that the downpayment was not included?
People will ask me "How... View More
my company name in Illinois is also the name of a company in another state. any recourse?
answered on Jan 25, 2023
The issue is the infringement of a trade name. Is your name registered with the USPTO? or anywhere? Is their name registered? If not, you need to get registered, if possible. There are some issues. However, there are some claims for rights that are common law. You may need a legal consultation.... View More
Lease and rent are current and up to date.
answered on Jan 23, 2023
This seemingly is a landlord-tenant issue. However, as a practical matter for business, if you have already signed a lease and been in it for 3 years, this appears to be out of their right to request.
However, I can see it making sense in two scenarios: if you have fallen behind and there... View More
I am wondering about legal protection and how it works with legal issues. If an issue surfaces and you have multiple LLCs do they all get called into court since your name as a member is on all of them - is there really any more legal protection with a LLC vs ones that already exist?
answered on Dec 23, 2022
No, the LLCs are separate, if you have kept them separate with different bank accounts, addresses, etc.
If your new product can be protected because of its new process (it does something that no other product does) perhaps your protection is not from the type of structure but in... View More
We are hiring truck drivers for our company and want to hold $125 week out of their pay (for repairs or abandonment) until they hit $1,000- $3,000k. Would this have to be in a escrow account? The money will be in the account for the duration of their employment.
answered on Aug 11, 2022
Corp account escrow or not? Can you provide some details on the issue?
Was the court ruling correct or incorrect
answered on Aug 2, 2022
Good day, thank you for sending us the question but can you give us more specifics?
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