Kentucky Business Law Questions & Answers

Q: Bankruptcy or credit card question. Can I be arrested for not paying creditors?

1 Answer | Asked in Bankruptcy, Business Law, Consumer Law, Contracts and Collections for Kentucky on
Answered on Feb 19, 2018

There is no debtor's prison. If there was, over 50% of Americans would be in jail. You may very well be judgment proof and not need a bankruptcy filing. It would still not hurt to talk with a bankruptcy near you to get an opinion and to see all of your options. Most lawyers offer a free consultation to review your situation. Hope it works out. Good luck!
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Q: The air bag on my car exploded for no gave me a I have a lawsuit?

1 Answer | Asked in Car Accidents, Personal Injury and Business Law for Kentucky on
Answered on Jul 18, 2017

Possibly. Contact a member of the Ky. Trial Lawyers Assn that handles product cases.
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Q: My son had side business paid no taxes. Now figured out he should what does he need to do now.

1 Answer | Asked in Business Law and Tax Law for Kentucky on
Answered on Sep 26, 2016

You should find a Tax Controversy attorney to handle the matter. There are a lot of different ramifications that depend on the exact factual scenario.

For example, a "side business" that involves occasionally making trinkets and selling them on Etsy is very different from a "side business" that makes a profit like a "real" business. The amount of money as well as the length of operation can also make a difference.

Again you would best be served by seeking a tax...

Q: Who is responsible for a stock certificate?

1 Answer | Asked in Business Law for Kentucky on
Answered on Aug 28, 2015

If it's going to cost that much (sounds remarkably steep), it's certainly worth an hour consultation with a local business lawyer to determine your rights and options.

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