A fraudulent transfer or conveyance occurs when the property is transferred or an obligation is incurred to avoid debt payment intentionally. The party suffering from the fraudulent transfer can sue to recover money lost due to the fraudulent transfer. Under the Fraudulent Transfer Act, one key factor that makes a transfer fraudulent is that it’s…
In a simple definition, a joint-stock company is a business entity owned by a group of investors. Here, investors can willingly purchase and sell their shares whenever they want. Often, most investors are required to incorporate via public entities like LLCs or corporations to carry out business and acquire some protection levels. However, while such…
In the United States and Canada, you have the right to choose your lawyer to handle your legal problems, but in many cases, you don’t know who these lawyers are or how to contact them until after your case has started. Private Legal Membership Associations allow you to choose your legal counsel in advance while…
A Joint-Stock Company is an organization owned by shareholders. Each shareholder is entitled to a portion of the company based on the percentage of the share they own. What’s more, the shares can be sold or even transferred between investors. These companies primarily benefit everyone and help the business thrive. With a combined effort, shareholders can fund…
Representing yourself “pro se” can leave you faced with several hurdles. Navigating the court, filing paperwork, meeting deadlines, or understanding statutes can become incomprehensible for an individual without legal knowledge or training in their background. A civil case can result in a significant loss for a pro se litigant, but a lost in a criminal case…
Criminal charges are often hard to deal with. For alleged offenders, they grapple with the complex criminal justice system which may seem to be against them. In most cases, even an attorney might not be the best solution because you may end up racking up huge attorney fees and, unfortunately, your case won’t be ruled…
Assets are very valuable and should be protected. Asset protection as a financial strategy enables you to operate within the confines of the law to enable you to protect your assets from creditors. In simpler terms, asset protection limits the creditor’s access to your assets even when there exists a debtor-creditor relationship. That said, here’s…
A medical practitioner is one of the key players involved in promoting a resilient health system in the United States. As such, they are very important as far as the provision of health services is concerned. Despite this, medical practitioners grapple with significant challenges which affect their practice. Put briefly, there are certain regressive practices…
The tax laws and procedures are complex, to say the least. This is often problematic for the taxpayers, who often have a basic understanding of the law governing taxes. For this reason, administrative bodies such as the IRS take advantage of the situation and violate or infringe the rights of taxpayers. As such, the text…