Q&A about Chapter 7 Bankruptcy

Q&A about Chapter 7 Bankruptcy ...

Answer to Common Bankruptcy Questions

Answer to Common Bankruptcy Questions

Q&A about Chapter 13

Q&A about Chapter 13

Q&A about Chapter 11

Q&A about Chapter 11

Bankruptcy and Debt Clearance

Bankruptcy and Debt Clearance ...

Civil Case Q & A

1. 1. Q: What is a civil case?

A:        The plaintiff files a complaint in a court of law against the defendant for infringing the rights of the plaintiff and asks for damages from the defendant.  The filing of the complaint commences a Civil Action.

2. 2. Q: Some common types of commercial civil actions are:

A:

What Laws Apply for International Sale of Goods Between China and U.S.

Case Sample: On May 1, 2014, company A from California, U.S. ordered 10,000 bedding sets from factory B from Zhejiang, China, at a price of $25 per set, including freight costs to port of Long Beach, with a total price of $250,000 with 20% or $50,000 deposit paid immediately and the balance to be paid within 90 days, and goods to be delivered within 30 days of deposit. On May 2nd, factory B replied an email accepted the 10,000 sets and payment terms, but countered unit price to be $30 and total price to be $300,000. Company A replied an...

Ten Commandment in Preventing Future Financial Problems

1. Set Financial Goals Set (and follow through) a long, short, and mid-range savings goals and time range for paying bills. Keep in mind to be realistic when setting your goals. 2. Keep a Budget Save at least five to ten percent of your net income each month on a continuous basis. Maintain at least thr~ to six months' salary worth of cash flow in case of an emergency. 3. Keep Track of Spending Habits . Keep a ledger of your daily spending. Determine which ones are necessary and which ones are not. Compare with your budget and financial goals and eliminate any unnecessary spending...

Real Estate Case Q & A

1. Q: It took me 4 months to find a house I like. The real estate agent brought me a pile of documents to sign. I was told that the house would soon be sold to another buyer if I do not sign off the purchase contract right away. What should I know about the contract before I sign it? A: A buy-sell agreement of real estate is very technical and complicated. Most people adopt the “Residential Purchase Agreement and Joint Escrow Institutions” designed by the California Association of Realtors (CAR). There are eight pages in total. The major terms and...

Fifteen Most Frequent Asked Questions & Answers About Debts Problems

1. What if I'm billed for something I didn't buy? Try to settle the matter immediately. If you get a bill for something that you did not agree to buy, write to the creditor (the person or company that claims you owe a debt) as soon as possible. Do the same thing if you believe you did not receive everything that you are being billed for. Keep copies of all correspondences. If you can not work things out on your own, you may find a conswner protection agency. to assist you. The listings of the consumer protection agencies are under "Consumer Complaint...