3 05, 2019

PROTECTING PERSONAL ASSETS AGAINST LIABILITY FOR BUSINESS DEBTS IN CALIFORNIA

By | 2019-05-24T08:45:33-08:00 May 3rd, 2019|Asset Protection, Business Formation, Business Law, Business Litigation, Civil Litigation, Commercial Law, Commercial Ligitation, Corporate Compliance, Corporate Law, Financial, Uncategorized|Comments Off on PROTECTING PERSONAL ASSETS AGAINST LIABILITY FOR BUSINESS DEBTS IN CALIFORNIA

Although no business owner ever wants to consider the likelihood of being sued for unpaid business debts, breach of contract, or damages caused by their employees, business activities, or the like, these events do happen. What’s more, if businesses do not plan properly, owners may become personally liable for the debts of the business. This [...]

4 05, 2017

CALIFORNIA USURY LAWS: What you should know before lending or borrowing money

By | 2017-09-11T02:53:23-08:00 May 4th, 2017|Business Contracts, Business Law, Contract law, Contracts, Financial, Uncategorized|Comments Off on CALIFORNIA USURY LAWS: What you should know before lending or borrowing money

Introduction Many business owners and individuals incorrectly believe they can charge any amount of interest to which the parties agree. However, unlike many contract terms, rates of interest charged by non-exempt lenders is limited in California to ten percent (10%) per year, even if the borrower is otherwise willing to pay a higher rate (or [...]