Perspectives

Historically,  most credit departments have provided their customers with paper credit applications,  to be filled out by hand and  carried or sent back, by fax or mail. This has been the common approach for decades. However, with the explosion of Internet use over the last ten years and its expanded capacity for rapidly moving information, transactions that used to be accomplished with paper are fast moving to electronic forms. One example of this occurred on September 11, 2001. …

There are many types of landlords out there. Some enter into being a landlord as a business decision, while others become accidental landlords when they rent out a property where they used to reside but were forced to move, or a property that they inherited. Either way, it pays to have your ducks in a row from the start, to ensure that you are protected legally. …

Robert Judd and Matthew Resch of Wagner, Falconer, & Judd, Ltd., together with the American Subcontractor’s Association’s general counsel Eric B. Travers of Columbus, Ohio, were successful in convincing the Minnesota Supreme Court to take up Safety Signs, LLC v. Westfield Insurance Co., Case Number A12-0370 (Sept. 17, 2012), and to help clarify the law on what constitutes proper notice under the Minnesota Payment Bond Statute. …

Facing a foreclosure situation can be an overwhelming experience. This is especially so when you do not know where to begin. When life situations occur where paying your bills becomes difficult, paying your mortgage under the current payment terms can become nearly impossible. This does not mean that you are without options, however. …

After you get pulled over for speeding, there are two choices that you have. The first is to simply pay the ticket and accept the consequences of the fine and potential increase in your insurance rates. Those that are habitual traffic offenders could also face the loss of their driving privileges. …

Vendors often have long-term relationships with the buyers of their goods. In these relationships, significant credit is often given to the buyers. When these buyers stop paying their bills, many vendors have a difficult time recovering from them, and they look for other ways to protect themselves without litigation or becoming a part of a bankruptcy proceeding. …

Over the past year,  several states have made legislative changes to their construction lien and bond laws.  Thankfully for companies that have clients across the country, the number of states making legislative changes to this area of law is not nearly as onerous as it has been in past years. Below is a summary of some of the highlights. …