For Example, Currently:
Shareholder 1 owns 51% - President
Shareholder 2 owners 49% - Vice President
The New breakdown will be
Shareholder 1 owns 51% - President
Shareholder 2 owns 24.5% - Vice President
Shareholder 3 owns - 24.5% - Treasurer... Read more »
answered on Feb 20, 2023
The corporate record book should be updated and kept current showing shareholders' interest, number of share held, transfer information, purchases, and dates of such activity.
answered on Nov 8, 2022
There is a lot that goes into asking and answering this question. The legal aspects are probably secondary to business planning. Before you need an attorney you need to have a clear idea, a business plan, sufficient funding, and the right personal environment to launch a business.
I have three kids I’m all they have I haven no family I’m scared for me n my kids
answered on Oct 29, 2022
Yes you should be concerned whenever you get a criminal charge as you do have two. But if you get a good lawyer you can rest assured that you are doing all that you can to win, reduce or eliminate the penalties that your facing. Most of us criminal lawyers offer a free in office consultation, so... Read more »
of them. All cards are current and I am still making payments, but not getting no where with the interest rates.
Can I negotiate with the banks for a lower amount?
How will this impact my personal credit and my business credit (Dun & Bradstreet)? If I am not able to satisfy the... Read more »
answered on Jun 16, 2022
If your credit accounts are current, of course you can approach the credit card issuers with a request for a lower interest rate, but your chances of success are dim when the Fed is raising rates steeply toward a tentative goal of 5.5% by year's end (that's the prime rate, and most credit... Read more »
Since they already withdrew my funds, will I receive my next deposit?
answered on Feb 26, 2022
First of all, we don't know who "they" are, so realistically, you should first make sure your next direct deposit goes into a new account, like a Credit Union. Second, you need to retain an experienced civil litigation and bankruptcy attorney and possibly someone who also has a... Read more »
My husband’s business partner stole $20,000 from their joint business account after my husband was locked out of the online banking portal. It been going on for a couple of months and it’s clear the the former business partner had something to do with that; which I can only assume is bank fraud... Read more »
answered on Feb 15, 2022
You need a lawyer that handles litigation the lawyer fees however for these types of cases are never cheap as generally you will be in protracted litigation as people will generally try to hide their wrongful actions.
i am trying to get information as a POA from an account set up by a prior POA for my grandmother. They are asking for all of my personal information to access her account stating "Banking laws require" it sounds odd since my information has nothing to do with her account.
answered on Feb 10, 2022
Personally, I agree with you that all of that information about YOU, the attorney in fact, should not be required. Some of it, maybe, but not all of it. HOWEVER, the sad fact is what the bankers are telling you is correct. They have to satisfy government regulatory requirements that mandate that... Read more »
the cashiers cheques received were from individuals, who I did not know .
answered on Feb 9, 2022
Not necessarily, but more information is needed to answer your question. I suggest that you setup a consultation with a business cybersecurity internet lawyer. That being said this could be a scam. Expect the lawyer to charge you a fee for the advise.
I currently live in FL. Previously lived in NJ. Noticed today that checking and savings accounts were levied. When I spoke to my bank, they said the superior court of NJ authorized this. I never received any notification of a pending court case against me. The address on my license and with the... Read more »
answered on Jan 18, 2022
Significiantly more information is required for a meaningful answer.
Binance has over 300k in stolen assets, and refuses to return it or cooperate with investigation, and also locked my account.
My father is moving to a new country next week and I am newly appointed durable power of attorney over his financial accounts.... If I file bankruptcy that shouldn't effect his banks accounts correct? Also I was thinking of opening a new checking account with my father and myself as joint... Read more »
answered on Oct 10, 2020
Do not open any bank accounts until after your bankruptcy is discharged. Do not look for problems. You also need to be represented by an experienced Bankruptcy attorney. What you do not know can cause you all sorts of problems. You really need to leave things alone. Even with the Pandemic, if you... Read more »
The agreement was to send the $5,000 Cashiers check and follow it up with 1 ot 2 checks for the remainder.
answered on Jul 11, 2019
Rather than ask unanswerable questions to lawyers here on Justia you are advised to put the rejected $5,000 cashier's check in a safe place--or turn it in to the issuing bank, get your $5,000 back and put IT in a safe place while you look for a lawyer capable of defending against the... Read more »
I heard that payday loans are illegal in NJ. I took 600 put and paid four payments of $206 . I also heard that since they are illegal I only have to pay the principal. Is this true,? The rest of my cc and such ate in good standing so I don't want to file for bankruptsy. What can they do to me,,?
answered on Jul 8, 2019
Think this all the way through: If the payday loan creditor operates its business anywhere in the state of New Jersey there is a really strong possibility that payday loans are NOT illegal in New Jersey. What can they do if you do not repay? They can sue you.
The remaining mortgage amount is an amount one co-borrower can pay independent of the other co-borrower. (In fact, one co-borrower has always made 100% of the mortgage payments.) One co-borrower is not planning to move; the other had moved away from the home years ago. Both co-borrowers pay real... Read more »
answered on May 24, 2019
Under normal circumstances, one person can force the sale of real estate by means of an action in partition.
answered on Apr 17, 2019
If you sold your house through a Realtor, lawyer, title company or other closing agent they should have given you a pro rata credit for the 2019 taxes you paid and an offsetting charge against the new owner's proceeds. Look at your closing statement.
My business partners rather than asking me if they had any confusion, continued to purchase goods from my other business that is owned by my wife. Since they were verbally told several times and there is nothing in writing they took advantage of the situation to edge me out of the business. I... Read more »
answered on Apr 1, 2019
Hire a lawyer experienced in business litigation, banking law and corporations law.
Ance and I am struggling for him to take me off the mortgage. What do I do?
answered on Feb 14, 2019
You need to retain an experienced civil litigation attorney to represent your interests in this matter. There is a straight forward way that an attorney who is experienced in both civil litigation and real estate can take to protect your interests. Trying to represent yourself in Court is a bad... Read more »
While buying it at auction myself might cause the bank to go after balance deficiency, since it is a public auction there should be no legal reason my father can't bid and if he wins the high bid sell me the house at 1 dollar. Again much different from the short sale where I am coordinating... Read more »
answered on Oct 17, 2018
There is no way of knowing who will win the sheriff sale. This is very different from an auction. If it was a short sale, you do not control anything, the lender does and statistically most short sales fail.
answered on Oct 11, 2018
No. Notaries can't notarize their own signature. You might also want to read this: https://www.state.nj.us/treasury/revenue/pdf/NotaryFAQ.pdf
answered on Jun 6, 2018
More information is needed to specifically answer your question, but your best bet is to ask your employer and get it in writing.
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