Charlotte Attorney's Informative Blog

WHAT IS A CONTRACT?

A contract is an exchange of mutual promises, where there is a “meeting of the minds” or agreement to specific terms.

WHEN ARE CONTRACTS ENFORCEABLE

Generally a contract upon agreement is enforceable, unless there is a law against the formation of the type of contract or there is a requirement that the contract be in writing.  In North Carolina the following contracts are required to be in writing and signed by the parties:

Executor of an estate  provision

Marriage

Sale of goods over $500.00

Surety or Guaranty

Transfer of Land or creates an interest in land

Contract’s performance will take longer than one year

ARE THEIR ANY WAYS I CAN GET OUT OF A CONTRACT

Yes there are several defenses available to the enforceability of a contract such as:

Minority –contracts entered into by minors;

illegality –contract is for an illegal purpose;

Fraud –there is some sort of deception during the formation of the contract;

Incapacity –the person who entered into the contract was not of good mental capacity to do so;

Impossibility /  Impracticability –the terms of the contract become impossible to perform by no fault of the promisor;

Unconscionability—the terms of the contract on it’s face are inherently unfair to one party; ect.

Bankruptcy –most contracts can be voided, avoided, or discharged in some forms of bankruptcy, particularly chapter 7 and chapter 13.

WHAT SHOULD I DO IF I AM IN A DISPUTE OVER A CONTRACT I HAVE ENTERED INTO?

Contact an Business Attorney immediately. Certain matters can be disputed amicably prior to litigation if handled accordingly. Ignoring a inherent issue will not cause it to go away. A Business Attorney can discuss with you the severity of the of the dispute, whether there has been a breach, what if any defenses you have.

Maxwell Law Firm, PLLC is a full service Law Firm located in North Carolina that offers: business start up services, business tax analysis and advice, drafting or revising of business contracts and agreements, assistance with filing business tax returns and tax collection defense, and help with business disputes and litigation. Save 25% off the legal fees by scheduling your appointment online.

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Posted by Debt Attorney

Debt Free Solutions – 6 Ways to Prevent a Debt Settlement Fraud

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Debt Settlement Company

Debt decision is the process reputation which debtors negotiate reserve their creditors for reducing their balance amount or easing out the repayment agility. It is true that you incumbency negotiate with your creditor on your own too, but hiring a professional to earn this creates a more refined impression. The professional debt benchmark troop is in the market for several years and therefore, may have good relations shield your creditors. If this service provider talks ensconce your creditor on your behalf, then there are more chances that you will get an easier repayment plan. If your debt arrangement company is knowledgeable enough, then it bequeath convince your creditor to either reduce your interest rate, forgive some of your late fees or penalties, lengthen your repayment period or proportionate ward off some of your principal amount.

Debt Consolidation Company

Receiving debt advice from debt consolidation company is a famous option for those who are under too myriad debts. This troop bequeath consolidate plenary your smaller debts into one single bigger debt, while making negotiations for reduced rates of interest and the total outstanding balance amounts. After the reduction of the debts, the debt consolidation convoy will motivate a new account for you besides you will aspiration to moolah a fixed amount every month. The know stuff company leave take care of all your smaller debts until all of them are settled full and final.

Consumer Credit Counseling

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Written by North Carolina Business Attorney

Most recently the State Legislature passed Section 88B of the North Carolina General Statutes or the “Cosmetic Act”. Under this act, North Carolina is following a string of other states, requiring “Natural hair Care Specitialists” or “hair braiders” or and “weavers” to be licensed, even though they do not apply chemicals to consumers hair.

North Carolina will accept reciprocity from other states requiring such licensure. The Natural Hair Care Specialists will be required to complete 300 hours of natural hair care cirriculum in an approved cosmetic school and pass an exam provided by the Board. Traditional cosmetology school is 1500 hours. Existing cosmetologists will have to complete this additional 300 hour natural hair cirriculum to be licesed to braid and weave hair, whereas hair braiders will only need to do 300 hours to continue braiding and weaving hair. Each Natural Care specialist will now have to pay an $10.00 privilege tax to maintain this license annually.

The new law not only targets unlicensed hair braiders, but unlicensed manicurists. Often times, unlicensed manicurists are allowed to polish nails but not apply accrylic tips and such. Well this law will require everyone to be licensed in some capacity or another. Temporary licenses will be issued for those who have completed the course, but have applied for the exam, and have not taken as of yet.

All in all it is not that North Carolina is considered of the health of its patrons and their hair. Its all about the M$oney that North Carolina will receive in the form license tax and exam application funds.

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