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With the growth of the national economy in the 20th century, it became important to uniformly regulate business transactions. However, adopting article 9 of the Uniform Commercial Code protected businesses and individuals. At present, attorneys practicing in the United States have to follow the uniform commercial code as the UCC, and its articles have extended [...]
Real estate law, aka real property law, administers rights to use, own, transfer, and encumber land and its permanent additions. Due to the increasing importance of real estate in our economy and culture, real estate has become a major practice area. Both federal and state laws administer most real estate law practice aspects. The most [...]
What is real estate law? Buying a property is generally the biggest investment everyone will ever make, even though you hire a realtor in the property buying process for transaction negotiations. However, to complete the legal process of buying a property, people usually need to hire a real estate lawyer for guidance through law. The [...]
In New York, federal FDCPA (Fair Debt Collection Practices Act) and state laws regulate debt collection activities. Fair Debt Collection Practices Act applies to everyone throughout the country to protect consumers from deceptive and unfair debt collection. When looking to claim unpaid debt, it is important to understand debt collection laws in New York state. [...]
Loan transactions generally range from lines of credit to simple term loans, multi-tiered lending transactions to complex term loans. Some loan transactions include multiple collaterals or credit accommodations. For situations like these, you may be best off using a secured transactions law firm. Currently, sales of businesses and goods have been made using credit terms, [...]
Business is a complex and multitasking process. It is subject to government regulation through a series of rules. Keeping up with all the changes in the laws their business must comply with is a complicated process for business owners. So what is compliance advice in law? What Is Compliance Advice In Law? However, business legislation [...]
"A transaction law firm is a kind of law firm specializing in transactional law, as the name implies". A transaction law firm is concerned with business transactions and typically work with business clients, overseeing business transactions. A legal transaction is a broad term for transactions between parties in the corporate, finance, real estate, and business [...]
Before getting straight into the main topic, we should know what a lawsuit is, "A lawsuit is a civil court of law process initiated by one or more parties against another". Only a few statutes are still operating that use the old term "suit in law." The term "lawsuit" refers to the civil action in [...]
Creditors' rights, consumer protection, credit reporting, and collection practices are addressed by laws of creditor rights, consumer protection, and consumer debt recovery. Using credit cards, taking out a personal loan, or making mortgage payments puts you in "debtors." Credit card debt, vehicle loans, school loans, and mortgage loans are the most frequent forms of debt. [...]
When you are due money, it may appear challenging to receive the whole amount that is legitimately yours. Furthermore, it may appear not very easy to secure your money promptly. Efforts to recover the debt are frequently futile, with certain situations necessitating extra examinations of the borrower. So what are some tips for a collections [...]
