Creditor

EPGD Law Homestead Exemption
Homestead Exemption
Eric Gros-Dubois

Can Foreign Non-Resident Investors Claim Florida Homestead Exemption?

The traditional rule is all individuals living in Florida with temporary visas may not be eligible to claim the Florida homestead exemption because their residency is based on a durational, temporary period. However, in 2012, the Florida Supreme Court put this constitutional issue before them in Garcia v. Andonie

Read More »
Civil Litigation
Oscar Gomez

Who Can Report You to the Credit Bureaus?

Credit report files contain information about a person’s financial debt, including account numbers for current and past debts, loan types and terms and payment history.  When a person defaults on loan payments, the creditor may decide to send a report of the late payment(s) to the credit bureaus so that it will be reflected in the customer’s credit file.

Read More »
Business Law
Eric Gros-Dubois

Perfecting the Security Interest

A secured party should perfect their security interest, after attachment, in order to fully ensure its legal rights against a third party claiming that they have an interest in the same collateral. By perfecting a security interest, a secured party gains priority over subsequent creditors claiming the same collateral.

Read More »
Business Law
Eric Gros-Dubois

What is a Security Interest?

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.

Read More »
FREE DOWNLOAD

The Entrepreneur's Handbook

This is a quick legal reference guide covering 16 topics that every business owner needs to have to start a business