As long as you are the owner of the property, even if you don't live in property, it can be used as collateral. This is done frequently. However, if you don't own the property and you use it as collateral, this would be considered fraud.

To best answer your question, I would need more information. For example, are you just transferring your corporate bank account to another bank. A corporation has its own unique EIN number with the IRS. This number identifies the corporation. Just because the corporation changes bank accounts,... View More

Some gas appliances have a standing pilot light, i.e. a small flame that burns continuously, used to light the main burner gas. Should the pilot light flame go out, most appliances have a safety that will stop the flow of gas to both the main burner and the pilot. These appliances are known as... View More

Based on your story, you committed a Class A Misdemeanor. That being said if you have a previous theft conviction, the charge can be increased to a Class 4 felony.

So, what do think is going to happened? You committed and confessed to a theft crime. Once the police free up their... View More

In order to prevail under maritime law you need to prove negligence. This involves convincing a judge and/or jury that the defendant failed to take action that should have been taken, or by proving that the defendant did not apply proper safety measures. A person is considered liable for all... View More

It does sound that you do have a case for libel; however, on the other hand, what are your damages? If these communications prevents you from finding another job, your case becomes stronger. On surface, the cost and time of any litigation may not justify pursing this matter.

My gosh, do you need to be hit by lightning first? Do you think if you wait another year, this attorney will wake-up and call you? It does not sound that you signed an engagement letter with this attorney. To determine if you have a malpractice case against this attorney, would depend on the... View More

Roe v. Wade was a 1973 Supreme Court decision that established a woman’s legal right to have an abortion if they chose to do so.

I checked the government's website at www.uspto.gov and looked-up "Connect 4." Yes, the trademark was filed by Hasbro; however, it appears that the trademark as yet to be issued.

This means that Hasbro does l not have trademark protection during this pending period. If... View More

The term, "ABANDONED - NO STATEMENT OF USE FILED" is used by the U. S. Trademark Officer. It means when the applicant has not replied to the Trademark office and the applicant has failed to file "statement of use" then, USPTO abandons the mark. The mark is not valid anymore... View More

Yes, you can divorce a spouse who is missing in Mexico. Without any assets or children, it even becomes easier to do so.

You will have to file an affidavit with the Court, swearing that you made a good faith effort to locate your missing spouse. You will need to show that you exhausted... View More

The Chicago Landlord Tenant Ordinance (RLTO) is the source of tenants’ rights law for those that live in the City of Chicago.

Landlords are not permitted to not identify themselves. The RLTO requires that the following be disclosed in writing to the tenant:

1. The name, address,... View More

When a tenant abandons their property, the landlord can throw out their trash immediately. With regards to valuable property, a Chicago ordinance sets out rules for that city, including the requirement that the landlord must hold or store valuable property for seven days before disposing of it.... View More

Unless you filled out a "Medical Power of Attorney” and a Health Insurance Privacy Protection Act ("HIPPA") waiver, a spouse (or even the parent of a child over 18 years old) does not have an automatic right to see your medical records.

That being said, a doctor may... View More

A Section 125 offers different options for employees. It allows employees to choose among medical, dental, vision, and other employee benefits, or they can receive the same amount in cash.

The Plan meets the specific requirements of Section 125 of the Internal Revenue Code of the IRS.... View More

It sounds as if you, your husband, and mother-in-law are tenants-in-common on the Deed of Ownership. Without seeing the Deed, you are most likely equal owners. Your mother-in-law doesn't have to sell her interest, she can remain an owner or she can sell her interest to a third party. There... View More

Most larger Companies have a Policy and Procedure Manual. That being said, it is doubtful that leaking a salary would be in the Manual; however, if is in the Policy and Procedure Manual, you have your answer.

If the information leaked was accurate, and you have no damages, you have little... View More

The actual incorporation of Alliance of Medical Education Professionals is a very easy process. You need to file as nonprofit organization, also known as a non-business entity or nonprofit institution with the Secretary of State. It is just a matter of filling out some very easy forms and paying... View More

Before you donate any stock to a charity, you should check with the charity first to determine if they will accept the stock.

Once you determine, the charity will accept the stock, you need to transfer the stock into their name.

The transfer depends if you have the stock in... View More