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30k and no. The home we're moving to will eat the proceeds, thus the need to retain them.
That's before a reduced settlement, which I may be able to negotiate.
Thanks for your substantive feedback.
A search returned no lien against the house. We're together on the deed as wife and husband. The proceeds of the home are not to be used towards the judgement. I am responsible and will pay from my sole income. Am I correct that we are Tenants in the...
My question involves collection proceedings in the State of: FL
My wife is sole signor on our primary FL residence/homestead. Florida is a “separate liability state” and a “separate property state.” We were married at the time of purchase (Tenancy by the Entirety) but she single-handedly...
Sorry, FlyingRon. Awkward semantics. I'm not really that confused. Just rushed. It's not that I don't want to stand in front of a notary, it's that I don't have convenient access to two saps who would take time out of their day to be my witnesses for multiple deed signings a month.
I may have...
Taxing Matters' response ends my inquiry, so thanks to them. It's a one-person S-Corp, but it's an S-Corp for tax purposes only. Have to dredge up witnesses now for every deed. It's a PITA, but will pay the bills.
Thanks all.
What is the name of your state? Florida.
Is an LLC filing as an S-Corp able to avoid the witness requirement on Deeds in Florida if the Grantor or Grantee is the CEO and affixes the corporate stamp?
Does the title need to be CEO, or can it be Owner in a one person operation?
Correct. My understanding is short of piercing the corporate veil the LLC is out of bounds for garnishing. I do, however, imagine they would want to know about the account just the same, so as to determine the status of the account for themselves. Thus the question.
What is the name of your state? Florida
Florida LLC files as an S-Corp. No personal co-mingling of monies. Debt is personal credit line only. Do I need to include the LLC's business checking account on the fact finding information sheet the debtor is requesting?
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