In my previous post, I discussed the what documents are necessary to properly protect your money and then how to ask for the money back upon the loan’s maturity. In this segment, I’m would like to touch on a topic that vexes my client time and time again: do they send the letter certified, by mail, or by email.
I’ve provided three separate posts about the things you can do, short of a lawsuit, to attempt to get paid. However, in the event you cannot get paid, the courts often act as a place where you can complain and seek relief from the person that is not paying you.To file a lawsuit, you have to meet the standard notice requirements.
The key to “passive income” is to allow your money to work for you. Tax liens are an effective way to do this. In Arizona, an individual may buy tax liens and gain up to 16% on their investment if they are redeemed.
As I previously blogged, the best way to collect a debt is to make sure you have the right documents. If a debt is in default, the first step is to ask for your money back. This sounds easy in theory, but it’s important to properly state your claim.
Financial investors are quick to suggest that investors diversify. One of the best ways to diversify your investments is to loan money to others. Effectively, you are the bank. You are entitled to the return of your investment (principal) and interest on the loan.
One of the more common defenses in a foreclosure actions is the “show me the note” defense. The defendant is effectively saying “I may be guilty of not paying my loan, but you can’t prove that you own it.” For a while, this defense might have worked, due to poor record keeping or some other reason. However, as more courts address that defense, it is becoming very limited.
The Arizona Supreme Court was asked to consider whether a jury may decline to award damages in a wrongful death case. Walsh v. Advanced Cardiac Specialist, Chartered, (2012). It can. Facts: A doctor replaced the plaintiff’s heart-valve. The valve became infected, and the Plaintiff died. Plaintiff’s family filed a wrongful death complaint for failing to “diagnose and threat …
On average, 77.3% of first time bar takers pass the Arizona Bar Exam between 2000 to 2009. This means roughly 22.7% of first-time takers do not pass the bar. Of course, those people have the opportunity to take the test again, but statistics show that second (and third) time test takers are less likely to pass the same exam.