What are Some Common Credit Report Errors? There are a number of common errors in a credit report that you should look out for when you review your credit report. Some of these include a misspelling of your name or wrong address, the same name but a different person, debts of your ex-spouse’s, debts that…
What If I’m Considering Selling My Business in Connecticut? If you’re considering selling your Connecticut business you may be asking why do I need a lawyer involved? You want a team including a lawyer to work with you every step of the way. There are a number of issues that can come up. Generally these…
Are There Any Benefits to a Connecticut LLC? There are a number of advantages to forming a Connecticut LLC when you start your own business as opposed to a Connecticut corporation. The Limited Liability Company Form is very flexible. It can be utilized to really operate your business as a partnership with a member-managed LLC…
Do Debt Collectors Have to Notify Me of My Rights? Under federal law debt collectors are required to notify you of specific rights that you are entitled to. These include that they inform you that this is an attempt to collect a debt. They’re also required to state that any information to obtain in connection…
The Differences Between an Asset and a Stock Purchase? As a Hartford County, Connecticut Business Lawyer I get asked, what are the differences between a stock purchase and an asset purchase transaction? In a stock purchase transaction, you’re identifying the specific assets or parts of a business that you’re acquiring from another firm. These can…
Can I Be Arrested for a Debt? Under federal law and our constitution, failing to pay a debt is not a crime. There are rights of your creditors to go after you for the failure to pay that debt. They may end up bringing suite and trying to garnish your wages or levy your bank…
What are the Advantages of a Corporation vs an LLC? I’m often asked as a Hartford County, Connecticut Business Lawyer, what are the advantages of setting up a Connecticut corporation? One of the advantages is the free transferability of the shares in the company. Another advantage is the limits on liability that shareholders have. Another…
Connecticut Debtor Rights Lawyer – How long do negative items stay on my credit report? Connecticut Debtor Rights Lawyer Eric Foster knows that negative items that appear on your credit report can obviously impact your credit score. As a Connecticut Debtors Right Attorney Foster is often asked, “How long do these items stay on my credit report?”…
Can I Add a Note to a Credit Report? One of the protections for consumers enshrined in the Fair Credit Reporting Act is the right to add a note to a negative item that’s in your credit report. This right can be exercised but you need to do it with caution and the commentary needs…
How Should I Purchase an Existing Business? One option when setting up a new business in Connecticut is obviously acquiring an existing business. In this process, you want to have a team on your side. This should include a lawyer that is with you every step of the way. One of the key aspects of…