All Forum Posts by: Sam Gowin

The only Colorado attorney I know is Richard Pearce in Colorado Springs. His number is 719-428-5004. If you ever need help in Georgia or Tennessee let me know! Good luck

Welcome, Heidi. I'm in Chattanooga too and work in North Georgia. Good luck this year!

My wife's family is from Boise. We came and went with the snow last week. It's a wonderful town. What part of the city are you in?

I'm not licensed in Texas. A lis pendens, as you know, effectively prohibits the sale of a property. To get it lifted, the underlying lawsuit has to be resolved. You can perhaps "intervene" in the lawsuit to somehow show the lis pendens is improper. For instance, it is the wrong property. However, the most likely situation is you wait for the lawsuit to resolve and hope the property is not transferred from whichever party you are dealing with. Look for a Dallas collection law attorney.

LLCs are great for branding purposes, organization and offer real protection. As far as liability, an insurance policy is best protection for the house, and then an umbrella for the whole company. 

LLCs can (although rarely) protect you from company liabilities. However, the most likely legal liability comes from car wrecks in our personal capacity. If an LLC is done right, it can protect the property inside from creditors.

The drawbacks of an LLC are the hassle and costs. You have to set up everything in the name of the LLC and not co-mingle funds. You need a professionally drafted operating agreement. Then you have to keep it that way over the life of the company.