Do jack of all trades lawyers exist, or are we going to need to find multiple peoples?
They do, but probably not in the areas you need. Incorporating and real estate are fairly easy. One person could do both of those. Intellectual property is what's going to get you. General practitioners don't dabble in that.
Check out Superlawyers. It's a cheesy advertising vehicle (You pay $$$ to be featured if you're nominated), but the lawyers that are listed are voted on by their peers. In my area, at least, I have found that the lawyers listed really are among the best.
Also, Martindale rates lawyers. An AV rating is very hard to get. There are many excellent lawyers who never get an AV rating. (The "V" deals with ethics, if I remember correctly.) Again, these ratings are the result of surveys that are given to local lawyers.
Buying a house for $200,000 and selling it for $100,000 is a lot better than renting a place and then just moving out, no?
My understanding is that you pay off your mortgage for a home upon its sale. If you get a mortgage for your $200k home and if you owe $150k on the mortgage at the time of sale, selling that house for $100k would mean you still owe the bank a lot of money. I am not a realtor, nor have I sold a house. This is just my best understanding of the matter.
I'll talk to Rym, maybe we'll call the first guy. The second guy looks like he wants to deal with international companies, not with two podcasting dudes.
I can't believe you fogies haven't talked about this yet: 2 Wall Street banks bankrupt,the Dow crashes 500 pointsin the worst day since the 9/11 attacks. Greenspan says it'sthe worst economy he's ever seen.
Fundamentally strong. Right.
And in the worst economy Greenspan has ever seen, I am getting ready to buy a house for super cheap. Be glad we're not in that country where inflation is so high that the price of goods rises faster than it takes to wait in line at the checkout aisle.
2 Wall Street banks bankrupt, the Dow crashes 500 points in the worst day since the 9/11 attacks. Greenspan says it's the worst economy he's ever seen.
Oooh great, the Dollar's going down again. Even cheaper importing of computers parts hell yeah.
I can't believe you fogies haven't talked about this yet . . .
Actually, I'm too depressed to talk about it. HA. No, seriously - things are on a downhill slide, and it's largely due to deregulation. That makes me very sad. It also makes me sad when people don't seem to realize that, with a tanking economy, no one can be certain that they'll always be employed or that they'll always enjoy the relative financial stability they do now.
Don't take that the wrong way, I'm not on one side or the other of this thing. I was just surprised all the naysayers hadn't flamed for pages about this yet.
For me. My financial situation is better than it was before this crisis business. The only difference is that it costs me $5 more to drive to my parents house because of the price of gas. I make very few short trips, so that has a very slight impact. The prices on everything else I buy haven't changed significantly, and I'm making the same money. And best of all, I'm planning to buy a house and prices are going down! From where I stand it seems like it only sucks for people without jobs or skills.
I wasn't taking either position. Certain members of the forum are notorious for debating endlessly about whether or not such-and-such is bad, or good, or if it matters, whether or not you should care about it anyway, et cetera. I thought a big news item like this would have been jumped on right away. The Scott comment was a joke.
I thought a big news item like this would have been jumped on right away. The Scott comment was a joke.
It's hard to say right now how bad things will get and it actually does make me very, very sad. The very idea that Lehman would have to declare bankruptcy is like something out of science fiction. Merril Lynch is gone, AIG is tanking, Goldman Sachs' profits are down some 71%, we're gonna have to bail out Fannie Mae and Freddie Mac, the stock market is down to where it was on September 17, 2001, and world markets are plummeting - not very indicative of good times to come.
It's hard to say right now how bad things will get and it actually does make me very, very sad. The very idea that Lehman would have to declare bankruptcy is like something out of science fiction. Merril Lynch is gone, AIG is tanking, Goldman Sachs' profits are down some 71%, we're gonna have to bail out Fannie Mae and Freddie Mac, the stock market is down to where it was on September 17, 2001, and world markets are plummeting - not very indicative of good times to come.
What bothers me is simply that we all saw this "crisis" coming a mile away. Greedy people lent money to stupid poor people, and other greedy people turned a blind eye. Regulators were either incompetent or greedy.
Basically, everyone involved in this chain of events was either incompetent or greedy. I'm not sure which group deserves more blame.
Comments
Also, Martindale rates lawyers. An AV rating is very hard to get. There are many excellent lawyers who never get an AV rating. (The "V" deals with ethics, if I remember correctly.) Again, these ratings are the result of surveys that are given to local lawyers.
They have an entry for me! I never gave them any information, and what they have is old. Maybe I should contact them and give them new information.
2 Wall Street banks bankrupt, the Dow crashes 500 points in the worst day since the 9/11 attacks. Greenspan says it's the worst economy he's ever seen.
Fundamentally strong. Right.
Basically, everyone involved in this chain of events was either incompetent or greedy. I'm not sure which group deserves more blame.