Hi folks, this month sharing a few general tips on requirements to pursue a legal claim against an Arizona public entity. Generally, you need to file a claim quickly with the appropriate authority –In Arizona, we have the Notice of Claim Statutes and Arizona Revised Statutes. Sections, 12-820 through 12-826, govern the Notice and it is not the easiest of statutes to follow. It mandates that anyone who seeks Read More
Helpful Tips to Avoid Repossession
Contact your Lender Promptly – If you are concerned about missing a car payment you should contact your lender as soon as possible. Many banks, auto manufacturer lenders, and other creditors have emergency relief programs to help borrowers who have been impacted by COVID-19. Borrowers who communicate early and honestly with their lenders demonstrate good faith and a good lender will work with you to keep your account Read More
Car Warranties: What You Should Know
You may be a victim of unfair and deceptive practices if you weren’t offered a refund or replacement vehicle when you were sold a lemon. You should know that federal and state laws protect consumers from cars that require constant repairs, even if the repairs are made for free under a warranty. If the dealer or manufacturer will not honor the warranty and comply with the law, you should seek the help of an Read More
How can we create a better contract?
Contracts are used to control conduct, usually with incentives and penalties to ensure the desired outcome. Penalties and incentives place the focus on the desired outcomes, rather than what might make the best practical sense to serve the best interests and circumstances of those involved. For example, contracts that provide incentives for volume or higher prices, rather than quality or value, may lead to Read More
Have you heard of the Franchise Rule or the Business Opportunity Rule?
Many of us dream of financial independence and might consider investing in a business opportunity. A promise of no risk and big profits is often indicative of a scheme that could be fraudulent. The Federal Trade Commission (FTC) has two trade regulations to help protect against deceptive business opportunity schemes, the Franchise Rule, and the Business Opportunity Rule. The FTC’s Franchise Rule, when first Read More
Do you know who buys the debt you owe?
Debt buyers purchase debts from original creditors, intermediaries, or other debt buyers. Debt buyers come in various shapes and sizes. There are many small debt buyers, but BIG debt buyers bring most collection lawsuits, large corporations that do business on a large scale, often collecting debts under multiple names, like Sherman Financial Group, L.L.C. (subsidiaries include LVNV Funding, L.L.C. and Resurgent Read More
A Buy-Sell Agreement, Why a Business Should Have One.
1. It is the plan to follow for the sale of the business. A business Buy-Sell agreement is the legal succession plan for selling a business. Buy-sell agreements can provide a reliable exit plan for business partners when they no longer want to have a stake in the company. 2. A Buy-Sell Agreement allows for tax and emergency planning. A Buy-Sell agreement should involve a tax strategy to help Read More
New Car Warranties
Generally speaking, automotive manufacturer warranties are based on the vehicle identification number (VIN). The warranty will transfer even if the vehicle is sold to another owner. Of course, you should check the written warranty terms for some components. the warranty period may be reduced when the vehicle is sold. Always check the small print if you are buying a car with a manufacturer’s warranty. Another Read More
Home Warranties
Home warranties are intended to be insurance policies to protect against home system breakdowns. Prior to purchasing a home warranty, obtain a copy of the warranty to review and ask questions about coverage. Consider the following: Just like every insurance policy, warranties have exclusions. Determine what exclusions apply. For example, bathroom plumbing may be warranted, but the steam room or jacuzzi may be Read More
Heating Ventilation Air Conditioning (HVAC) Warranties
Prior to buying a new system, read the warranty, so there are no surprises when you need to use it! As with any warranty, ask questions about coverage of specific parts and the labor associated with repairing or replacing parts/components. An HVAC warranty should clearly explain coverage for labor and all service call charges included and excluded, including any minimum charges for labor to replace a Read More
