Alimony is called spousal maintenance in Minnesota. The state's laws were amended in 1984 to favor permanent spousal maintenance awards in some cases. However, as there are no percentage guidelines to determine the amount granted, this can be the most disputed part of...
Month: September 2013
How Do I Handle a Mechanic’s Lien?
You are ready to sell your property or refinance. All the paperwork is ready, everything is proceeding smoothly, and then you hit a roadblock. A mechanic's lien has been filed against your property. You knew nothing about it. So how did it happen? Unfortunately, as...
What Are the Remedies for Breach of Contract?
Contracts are written to protect parties to an agreement. What happens when one party does not perform their side of the agreement? Imagine that you or your business ordered 1,000 widgets and received 1,000 gumballs. What then? Unless the widget supplier has a...
Understanding Commercial Loan Workouts
When businesses default on their loans, both lenders and business owners lose. In this tough economic climate, it is easy for businesses to get behind. However, when creditors work with borrowers, rather than "throwing out the baby with the bath water," mutually...