Posts Tagged ‘Publications’

Top Factors that why your company needs Legal Advisory Service

September 25th, 2022

Legal advisory services aid small businesses to keep their assets protected. Business owners require legal support services at different phases of their business timeline. So when you prefer to choose one of the best law firm,Guest Posting you should think whether it’s a right fit for your business and has experience in your niche. Business owners face many legal issues and without access to the right legal counsel, your company might need to pay heavy fines. The type of business you conduct reflects on the types of legal services that you are most likely in need. However, in this article here I have listed some of the frequent legal advisory services that you might need:

Business Structure:

Before launching your company, you should seek out for a legal expert to determine the business structure that protects against liability claims.

Contracts:

Creating legal and binding contracts is also an important part of your business operations. Similar to contracts, many companies need legal advisory services for agreements.

Licensing:

Licensing is a very common legal need for every small businesses as many companies are unaware of potential violations. This would probably save you from expensive fines down the road.

Human resources:

There are many legal things that relates with the hiring and firing of staff. Without the right legal protections in place, your business can be open to lawsuits.

Harassment:

Protecting your business and workers require the assistance of a legal expert as they can only manage any kind of harassment and discrimination claims that occur within your business.

These were some of the legal advisory services that you might need for your business. You can find a qualified law support services for your business before you need them.

Homeowners Not Behind in Mortgage Payments Have Few Legal Resources to Work With Lender

March 22nd, 2022

For homeowners who are not behind on their mortgage yet, but are worried about falling behind, it may seem that their bank is acting quite illogically. Most banks refuse to accept a short sale or modify the terms of a mortgage unless the owners are numerous months behind in payments. The homeowners come to the bank to ask for help to avoid foreclosure before it happens, but the bank says they can not offer any actual programs until there is a real danger of foreclosure. But by this time, the homeowners may not even qualify for a solution because they are too far behind.

Unfortunately, systemic stupidity and shortsightedness are not crimes in America (yet), so the banks are able to get away with this circular logic which pushes people into foreclosure in order to save their homes from foreclosure. In such cases, the owners of properties may feel like they have very few legal resources available to them. They are right to feel this way, as the courts can be very inhospitable to homeowners trying to work out a solution to foreclosure without actually being in default.

In essence, their legal resources probably involve very little more than negotiating with the lender to change the contract as written. But this brings into play the situation where the bank refuses to negotiate the mortgage there are no missed payments. Thus, homeowners who make payments on time are rewarded with no extra help when attempting to sell in a down market, while those who are unable to pay the mortgage are given numerous concessions which may lower the rate or allow them to sell for less than the total amount owed and help them stop foreclosure.

If the homeowners have any evidence the mortgage company has not been keeping up its end of the mortgage contract, they could sue the bank for defaulting on the contract and try to discharge the mortgage loan entirely. Obviously, banks and courts do not look too favorably on this, even if the bank has committed egregious acts of mortgage fraud or servicing fraud. If homeowners could prove that banks are criminal organizations and have their mortgages discharged, politicians and bureaucrats who receive much of their power from the banks would be quite threatened. So this legal resource is open in only a very small number of blatant cases or class action lawsuits.

The possibility of mortgage fraud may be present if the homeowners were given a really shoddy loan and not informed of various aspects that would cause penalties or higher payments. For example, many states still allow the bank to attach a prepayment penalty if the loan is paid off too quickly, and many homeowners are coming out and stating they were not aware of receiving adjustable rate mortgages until their payment doubled. If they signed a piece of paper disclosing these types of aspects but did not ever bother to read that piece of paper, though, they might be out of luck showing how they were tricked into a particular mortgage.