Archive for February, 2009

Business Succession Planning

Saturday, February 28th, 2009

When developing a succession plan for your business, you must make many decisions.   Should you sell your business or give it away?   Should you structure your plan to go into effect during your lifetime or at your death?  Should you transfer your ownership interest to family members, co-owners, employees, or ...

What are the remedies against an agency trying to collect a debt past the statute of limitations for my state?

Saturday, February 28th, 2009

skywaytraveler asked: The statute of limitations for collecting debts in my state is five years. Some collection agency claims to have bought up an old debt from the year 2002. The company claims that they sold the debt and washes their hands of it. I called the collection agency ...

What kind of debt situations qualify you to delcare bankruptsy?

Friday, February 27th, 2009

tevesay7 asked: I am 21 years old and in $15k of credit card debt. I make just about $14k a year. I made a lot of stupid decisions when i first got my credit cards. I am living at home and unable to to move out, or do anything at ...