How the Secret Service are seizing funds from bank accounts
Why do the Secret Service seize funds? The United States Secret Service is devoting significant resources to seize funds from
Why do the Secret Service seize funds? The United States Secret Service is devoting significant resources to seize funds from
Borrower’s Representative means an individual or an organization that is designated by the Borrower to act on behalf of the Borrower by a written certificate and complying with the requirements of the applicable state. The borrower’s representative always requires some written proof of authority before being able to act on behalf of the borrower.
When most people think of foreclosures, the two parties instantly discussed are the owner that is being foreclosed upon and the bank that is doing the foreclosing. However, when the property is headed to the auction block there is another party that comes into the picture: third party purchasers. When the bank lists the property at the foreclosure auction, a third-party purchaser often decides to buy the property if he or she believes it is a good deal. Third-party purchaser can take strategic risks and make money through legal loopholes.
A security interest occurs when a debtor, which can be a person or business, borrows money from a creditor or more specifically a secured party and they agree to execute a security agreement. In the event the debtor defaults by not paying back the loan or by violating a provision in the agreement, the secured party can seize the collateral and may sell it to satisfy the debt.
"*" indicates required fields
Our team of highly trained attorneys have over 100 years of combined higher education, are fluent in 8 languages, and use cutting edge technology to beat the competition.
This is a quick legal reference guide covering 16 topics that every business owner needs to have to start a business