Entries by Michael Spadaccini

Pork in the Bailout Bill – No Tax on Children’s Arrows!

What’s 700 Billion between friends? Despite the fact that our economic crisis threatens the very nation itself, Washington just couldn’t get the job done with rolling out the fabled Pork Wagon.  And so we come to one of the silliest, most pork-laden provisions I’ve ever seen in a piece of legistlation, the “Bow and Arrow […]

October 15, 2008 /2 Comments/by

Alabama Legal Interest Rate

The legal interest rate in Alabama is 6%. Judgments incur interest at the rate of 12%. Michael SpadacciniMichael Spadaccini is the author of 8 books on self-help legal matters such as, Ultimate LLC Compliance Guide: Covers All 50 States (Ultimate Series), Ultimate Book of Forming Corps, LLCs, Partnerships & Sole Proprietorships, and Ultimate Guide to […]

May 15, 2008 /0 Comments/by

Michigan Small Claims Limit

All small claims courts have a jurisdictional limit–a maximum amount of money that can be awarded upon a successful suit. The Michigan Small Claims Court limit is $3,000. Want to learn how to Dominate in Small Claims Court? Check Out Our Book! Only $5.99 for Kindle! Small Claims Court: an Insider’s Guide to Winning Big […]

May 10, 2008 /0 Comments/by
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LLC Formation – Form an LLC – Free Information

The following is our unbiased guide (we offer this free information, but do not provide formation service, just a few ads on this page 😉 ) to LLC formation. If you want to learn what an LLC is, read LLCs – Definition and Explanation first. Or if you are ready to check out a great […]

May 4, 2008 /0 Comments/by
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Sample Indemnification Agreement

Free Sample Indemnification Agreement This INDEMNIFICATION AGREEMENT (the “Agreement”) is made as of December __, 1996, by and between 8×8, Inc., a Delaware corporation (the “Company”), and __ (“Indemnitee”). RECITALS A. The Company desires to attract and retain qualified directors, officers, employees and other agents, and to provide them with protection against liability and expenses […]

May 2, 2008 /0 Comments/by

Sample Legal Document – Minutes of Action of Incorporator

The following document is a sample of the recorded minutes of an incorporator taken during the formation stage of a corporation. MINUTES OF ACTION OF INCORPORATOR TAKEN WITHOUT A MEETING BY WRITTEN CONSENT   The following action is taken by the incorporator of IDedded, INC., a California corporation, by written consent, without a meeting on […]

April 30, 2008 /0 Comments/by
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Sample Document | Minutes of Initial Meeting of Board of Directors

MINUTES OF ACTION OF BOARD OF DIRECTORS OF GREGORY M. MASTERSON CONSTRUCTION, INC., A CALIFORNIA CORPORATION.   The director of the above corporation, Gregory Michael Masterson, pursuant to the bylaws of the Corporation hereby submit his written consent in lieu of meeting, and agree unanimously to the following:   The Articles of Incorporation of the […]

April 29, 2008 /0 Comments/by
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Trademark Specimen – Requirements and Tips

Trademark registrations require the applicant to demonstrate use of the proposed mark by showing a trademark specimen. A specimen is “a label, tag, or container for the goods, or a display associated with the goods. The Office may accept another document related to the goods or the sale of the goods when it is not […]

April 29, 2008 /0 Comments/by
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8 Great Things To Do With Your Stimulus Tax Refund

Great Ideas for your tax windfall–a must-read.

April 27, 2008 /0 Comments/by
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Legal Form | Credit Repair: Method of Verification Demand

-This is a sample “MOV” or “method of verification” letter. It’s an advanced tool in a consumer’s credit repair arsenal. Before using it, you should read about Method of Verification. Experian 701 Experian Parkway Allen, TX 75013 RE: Fair Credit Reporting Act Request under § 611(a)(0) To Whom It May Concern: Time is of the essence […]

April 26, 2008 /0 Comments/by
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Method of Verification – Credit Repair Device

At least one major credit repair website touts “Method of Verification” as a “secret credit repair tool.” Well, not exactly. Method of Verification, or “MOV,” refers to a statutory right that consumers enjoy to demand that a credit reporting agency (transunion, equifax, etc.) supply upon request the method of verification when a consumer asks that […]

April 26, 2008 /0 Comments/by
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What Is an S Corporation?

What Is an S Corporation? An S Corporation is a C Corporation that elects “Subchapter S” status. All S Corporations begin their lives as C Corporations; Corporations elect to change their status to S Corporations. The S Corporation Election is made by the filing IRS Form 2553 before the expiration of the 15th day of […]

April 24, 2008 /0 Comments/by
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S Corporation Election

How to Make the S Corporation Election All S Corporations begin their lives as C Corporations–no Secretary of State in the US makes a distinction between S Corporation and C Corporation. The S Corporation election is just that: an election. The S Corporation Election is made by filing IRS Form 2553 before the expiration of […]

April 24, 2008 /0 Comments/by

Types of Corporations

An unbiased guide to the different types of corporations, including C corporation, S corporation, close corporation, and professional corporation.

April 24, 2008 /0 Comments/by

What Is a Deficiency Judgement in a Foreclosure | Debt After Foreclosure

Will I Owe a Debt After Foreclosure? Well, let’s begin with a different question: will I be sued after a foreclosure? Whether you can be sued after a foreclosure depends on whether your state is a deficiency state or an anti-deficiency state (you want anti-deficiency). What is Anti-Deficiency in a Foreclosure? An anti-deficiency law is […]

April 23, 2008 /0 Comments/by