Going to small claims court does not mean the courts will enforce the judgment against you, but it almost always guarantees to lower your credit score. Small court claims are a matter of public knowledge, which means that the credit rating bureaus can find out. Negotiating with creditors before...
Small-claims courts were created to help ordinary people settle “small” disputes quickly and cheaply and were designed to be relatively informal. A consequence of the justice system’s commitment to informality is that small-claims trials exhibit significant variation. After overviewing the different...
If creditors and credit bureaus are not responsive, the best remedy is usually small claims court. It is fairly simple and inexpensive to take a creditor to court. “Very often large creditors will not even appear in court, but small claims courts are a good place for consumers to present ...
The money damages you receive would just be reduced by your degree of fault. For example, if you are 60% to blame for causing a car crash, and you sustain $10,000 in damages, the court would award you $4,000 ($10,000 minus 60%). Most states follow stricter “comparative negligence...
from an accord and satisfaction by resolving the outstanding issue. It provides a speedy resolution for parties who can't afford or don't want to spend the time and money to litigate the matter. Although it isn't the full amount, they can collect some of the money that is owed to them...
the plaintiff or prosecutor wants to file the case in a different court, like in a federal court or a small claims court. For example: Betty is seriously hurt in a car accident while visiting California from out of state. Her personal injury attorney files a personal injury claim in Califor...
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Reasons to Consider Not Using a Lawyer Based on Cost Many people don't have enough money to hire a lawyer for legal help. The United States of America offers rights to its citizens, called Miranda Rights or the Miranda Warning. Under the Miranda Warning, a citizen has the right to an ...
any time so they're still considered to personally own them. This isn't the case with an irrevocable trust. The grantor permanently gives up control and ownership of the assets and money placed into the trust although they set the terms as to the beneficiaries who will receive them and ...
An analyst does research about profit and loss about stock and stock option transaction. An investor simultaneously purchases a stock priced at $78 and writes a call option on that stock with an exercise price of $80 selling at $6. If the price of the un