Ask a Business Lawyer

I am still responsible for payments on a loan that I signed for a friend?

Unfortunately yes, except in the very rare but theoretically possible case that the loan …

FreeAdvice Contributing Attorney answered 3 years ago

Do I need to attend a hearing for the discovery of assets, if I don't have any assets?

You must go to the citation hearing, unless you want a rule to show …

PROFILE

The Swanson Firm, Ltd. answered 3 years ago

How can I get the second party to pay on a loan that was opened as joint account?

Simple answer (and not to sound flippant): sue them. It's impossible to be any more …

PROFILE

The Swanson Firm, Ltd. answered 3 years ago

If I have a business LLC and it goes bankrupt, how will it affect my personal assets?

Your question is not very clear.  What do you mean that you "signed for …

PROFILE

The Swanson Firm, Ltd. answered 3 years ago

Does a debt collector have to provide you with itemized copies of your bill?

Cases like this can be difficult.  You did receive the services, but your sense …

FreeAdvice Contributing Attorney answered 3 years ago