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Mortgage Default and Your Credit Score | Law Notes
https://williamcmack.wordpress.com/2011/06/14/mortgage-default-and-your-credit-score
Thoughts on the law and how it affects you or your business. Mortgage Default and Your Credit Score. June 14, 2011 in Uncategorized. Many of these homeowners would have good credit scores if not for payment problems with their mortgages. How can these people minimize the harm to their credit standing if they are late or unable to pay their mortgages? In a word, do everything you can to cooperate with the lender to maximize its return. Links for William C. Mack. Law Offices of William C. Mack. Email check...
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Buy-Sell Agreements: Essential Protection for Your Business Wealth | Law Notes
https://williamcmack.wordpress.com/2009/01/25/buy-sell-agreements-essential-protection-for-your-business-wealth
Thoughts on the law and how it affects you or your business. Buy-Sell Agreements: Essential Protection for Your Business Wealth. January 25, 2009 in agreements. As a small business owner or builder, you probably focus almost all of your time, energy and financial resources on growing your business. You concentrate on what’s happening now, and what you want to happen in your business in the current or next planning cycle. But B may not have ready and on hand the cash to purchase A’s interest. Wh...Buy-Sel...
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Short Sale Banks Get Tough | Law Notes
https://williamcmack.wordpress.com/2011/06/08/short-sale-banks-get-tough
Thoughts on the law and how it affects you or your business. Short Sale Banks Get Tough. June 8, 2011 in mortgage lending. More recently, most of the lenders have gotten their act together on short sales. Staffing and process are much better, and approval times have decreased dramatically. While a short sale is still hard work, the requirements, responsiveness and schedule for approval from most lenders are better known and more manageable. Links for William C. Mack. Law Offices of William C. Mack. Ben E...
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Good Agreements Make Good Partners | Law Notes
https://williamcmack.wordpress.com/2009/01/08/good-agreements-make-good-partners
Thoughts on the law and how it affects you or your business. Good Agreements Make Good Partners. January 8, 2009 in agreements. There is a delicious ambiguity in the line of poetry by Robert Frost, “Good fences make good neighbors.” Did Frost mean a fence keeps neighbors, and their differences, safely apart, or that the need to mend a fence unites neighbors in common purpose, bringing them closer? To the success of the venture, and giving his or her all for that success. A venturer. May fear that suggest...
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The Stimulus Package: What’s In It for Small Business? | Law Notes
https://williamcmack.wordpress.com/2009/03/02/the-stumulus-package-whats-in-it-for-small-business
Thoughts on the law and how it affects you or your business. The Stimulus Package: What’s In It for Small Business? March 2, 2009 in American Recovery and Reinvestment Act. Extension of Enhanced Small Business Expensing. 5-Year Carryback of Net Operating Losses for Small Businesses. Incentives to Hire Unemployed Veterans and Disconnected Youth. Small Business Capital Gains. Temporary Small Business Estimated Tax Payment Relief. Under current law, if a taxable corporation converts into an S corporation, t...
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