Real Estate Law and Knowing What You are Signing

Real Estate Law is a lot more complicated than it has ever been in the past. Now when you sign a brokerage agreement with a realtor instead of 1 page or 2 pages it is 14 pages? That is just for the listing. Why is it so long? Well that is nothing compared to all the other forms involved and they just keep getting bigger due to all the laws, bureaucracy and lawyers. Everyone is so busy trying to cover themselves and their rear ends from every known or potential eventuality.

It is a giant game of 100s of pages of What Ifs. How can you have time to read it all? Well you need to make the time and it also makes sense to not allow yourself to be forced into doing anything too fast out of social conditioning. Such as thinking you might look stupid if you read … Read More

Knowing The Law – What Are The Steps To Declaring Bankruptcy?

Insolvency law, necessarily involves a consideration of the position and concerns of the debtor, the creditors and the general community. Insolvency law must seek to balance the interests of these parties and there is a need for balance because insolvency necessarily involves a limited amount of money to be divided among those seeking repayment of their debts.

Step 1: Understand the purposes of the law of bankruptcy

The first step to filing for bankruptcy is to understand the aims of bankruptcy law. Ultimately, the law seeks to provide an equal, fair and orderly procedure in handling the affairs of an insolvent person or entity and that the assets of the debtor are shared equally amongst the creditors. The system also favours a situation where the estate is administered with as little delay and expense as possible and that the administration of the estate is conducted in a fair and independent … Read More