When it comes to contracts, consideration means what both parties will receive by entering into the contract. For example, I sign a contract to buy a house and that’s what I get, while the seller gets my money. A contract could also say that due to a small exchange of money now, I won’t sue […]
Continue reading...Friday, October 23, 2015
Comments Off on Own an Elephant in Florida? Hope You Know the Rules About Parking.
It sounds kind of funny, but Sarasota probably had quite a few elephant owners at one time due to its circus roots. When a famous circus had its headquarters here, you could see all sorts of strange animals and unusual people. It was a real circus. Therefore, it’s not too unusual to find strange laws on […]
Continue reading...Monday, August 3, 2015
Comments Off on I am Owed Money from Someone Who Declared Bankruptcy. How Can I Get My Money?
That depends on the scenario. So your cousin owes you lots of money for some work you did for him. You were going to file a judgment but then he declared bankruptcy. Can you get your money? Yes, theoretically, as long as he didn’t include the debt in the bankruptcy or add it later. However, […]
Continue reading...Thursday, July 30, 2015
Comments Off on Ambulance Chaser
We’ve all heard the phrase, but what does it mean? Ambulance chaser is not really how most of us would like to be described; it doesn’t exactly bring up a positive vibe. Dictionary.com defines an ambulance chaser as “a lawyer who seeks accident victims as clients and encourages them to sue for damages (sometimes used facetiously).” You might envision a man in a shiny suit with a briefcase who hangs out […]
Continue reading...Friday, July 10, 2015
Comments Off on Changes in Local and State Legislation
It’s pretty challenging (and probably a little boring) to keep track of changes in legislation. But, all types of legislation change often, and even small changes can affect you. For instance, a change in insurance requirements could affect you in a large way if you need to change your auto insurance coverage, but in a […]
Continue reading...Thursday, August 28, 2014
Comments Off on Rising Bankruptcy claims among Baby Boomers
In both absolute and relative terms, the number of bankruptcy cases being filed by baby boomers is on the rise. A recent ABI study found that 42% of all individuals filing for bankruptcy were between the ages of 45 and 64. In addition, the rate of filings among older Americans is increasing faster than their younger […]
Continue reading...Thursday, August 28, 2014
Comments Off on Bankruptcy decisions for our Military Men and Women
Bankruptcy is not just a civilian issue. The need for bankruptcy protection extends inside the fences of our military bases, and includes our country’s heroes. For any active-duty service member contemplating bankruptcy protection, there are several very important issues to consider before filing. First, the Servicemember’s Civil Relief Act (SCRA) provides legal protection for active […]
Continue reading...Wednesday, June 11, 2014
Comments Off on Historical Bankruptcy Filings
The 11th largest bankruptcy in history is happening with the Chapter 11 filing of Energy Future Holdings of Texas, according to the New York Times. This made us think, what are some of the other big bankruptcy filings in U.S. History? The 2008 filing of Lehman Brothers is one of the, if not the, largest […]
Continue reading...Thursday, December 13, 2012
Comments Off on Gun Safety in Florida
Florida and its gun laws are frequently in the news. If it is not the Stand Your Ground law, then it is the castle doctrine, or even the concealed weapons legislation. However, sometimes those issues overshadow the concerns citizens have about more basic aspects of gun ownership. Many people just have concerns about how to […]
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Friday, November 13, 2015
Comments Off on What is Consideration in a Contract?