Detroit Business Law – Resources for Metro-Detroit Businesses
Resources for Metro-Detroit Businesses
If you have made a secured loan, and filed a UCC-1 Financing Statement with the Secretary of State, is your secured position protected forever? No. A Financing Statement expires five …
Don’t Forget to Renew UCC Financing Statements – Good for Five Years Read MoreWhether you have a new or existing business in the Detroit area, chances are you could use more business resources, connections, or funding opportunities. Here are 7 resources to check …
7 Free Business Resources in Detroit Read MoreSeverance pay, wage continuation pay, or other similar payment made by an employer as continuing wages or other monetary consideration as the result of a worker’s separation from employment, is …
The Effect of Severance Pay on Unemployment Benefits Read MoreHire an Attorney. If you decide to hire an attorney, it important to hire the attorney before signing a Purchase Agreement. An attorney can help you navigate all the complicated …
5 Things to Consider When Purchasing a Home Read MoreAs we previously mentioned, Governor Snyder recently signed legislation increasing the statutory maximum for filing a claim in small claims court. As of September 1, 2012, that new limit is …
What Is The New Statutory Limit For Small Claims Court? Read MoreGenerally, in order to foreclose on a mortgage, the mortgagee must prove that a mortgage was granted and that the there is an underlying debt for which the mortgage is …
Court of Appeals: Possession of Note Not Needed For Foreclosure By Advertisement Read MoreLike other contracts, insurance policies outline the rights and responsibilities of the insured and the insurer. In most circumstances, insurance policies require notice of claims or potential claims against the …
What Type of Notice Must You Give to Your Insurer? Read MoreIn April 2012, President Obama signed the JOBS Act into law. The JOBS Act permits crowdfunding, which basically allows a small business to raise up to $1 million in a …
Crowdfunding: What You Can Do RIght Now Read MoreOn July 2, 2012, Oakland County launched its Specialized Business Docket (“SBD”). The SBD is a pilot program, which will be used to determine if there is sufficient demand for …
Oakland County’s Specialized Business Docket Now Operating Read MoreIt’s that time of year again to report unclaimed property to the state. This past year, the state government really cracked down on this law by sending notices out in …
Unclaimed Property Read More