Question #1:

Can I sue partner for misappropriation?

I am a web developer and full time student that traded one of my assets (a profitable website) for a 30% stake in a small business that sells a proprietary product in the United States.

The situation is quite simple that I'm facing. My partner, who owns the lionshare (70%) of the company, decided we should sell the website since we had a good buyer (this is true). So we sold the website for $xxx,xxx.00, much higher than I anticipated. Now that we have a huge influx of cash flow after selling an asset, we have to make up for the lost revenue.

However, my partner has been increasingly "frivolous" of his spending. I have confirmed my suspicions that he is using corporate funds for at least SOME of his personal pleasure. For example, for my 21st birthday he justified using the corporate credit card for our "night out" together. This is ok to me. However, I think that my partner has broken his limits as partner by, over a long period of time, using corporate funds to finance his lifestyle.

As you may expect, this does not sit well with me. I have strong suspicions that he is using the money from the asset sale, and now he is spending of the cash on himself. I don't know if he THINKS i think it's ok. The website was something I worked hard on for three years of my life, so I'm obviously going to be more attached to the cash than him. But I am only 21 years old, and he is 33. So I'm pretty sure something is going on here.

Bottom line, can I sue him for misappropriating funds? I don't want to talk to a lawyer yet because I would hate to make our business go sour if it is not true.


Any advice and/or suggestions is very appreciated.
We are an LLC corporation doing business in Illinois.

I believe he is not being truthful about our spending because he has consistently demonstrated to me that he simply does not respect my money. He has straight up told me he was considering insurance fraud. Big flag, right? He also talks about laundering and what not.

However, I have to admit that I do not know what he is speaking about half the time. I just pretend like I do (probably not good, but hey). Anyways, I don't think he realizes that he is interfering with my financial security and future, IF he is misappropriating funds.

Question #2:

If you know anything about AUTO insurance please take time to answer?

2 at fault wrecks (no injurys)
No Speeds tickets or any other tickets or violations
18 years old
Good Credit


How much will it cost to insure me per month on this vehicle (GIVE ME A BALL PARK PLEASE)

Question #3:

What happens if you stop paying your credit card bills?

I have my own opinion (which I tested) about this but I want to see what you guys have to say. Think about it in this context, by doing this, you are trying to negotiate lower minimum payments (not settle) and you have no plans to FINANCE a car or a house in the next 3 years..... Also, you are banking what you are saving in minimum payments monthly to pay off each credit card starting with the lowest balance........ What else do you have to lose besides you credit standing? It will rebound with each debt that is paid in full anyway...so what are your thoughts?

Any additional info about how credit works is at Click Here
And by credit standing, I mean your CURRENT credit standing.
Most debts are written off between 120-180 days....basically turn off your ringer and wait for day 119 to answer (it is still in internal collections)....by this time, they will work with you and lower your minimum payments to avoid writing off the debt for pennies on the dollar. I figure, never let it go to collections and if you're going down, make the decision to do it once, so that when it is removed after 7 years, you've already cleaned up your own credit report. And with each year it has a lesser impact on your credit anyway. Just keep a small limit card on hand and pay it in full every month (so charge gas and groceries within your budget) so that you still are building credit....or paying a bill on time and in full.
And by the way, they also lower your interest (normally between 3-9 %) during this time (usually a year), so you pay them as agreed and double pay over the duration of the agreement so that when your minimum payment goes back to normal, your principal has decreased significantly.
Fear keeps us at our creditor's mercy sometimes. I did this myself a while back (of course after researching what debt settlement and management companies do) and I knew I would get these responses from the average person. If you own your own business, why would you need a job ;-) anyway lol and also, I paid off $20,000 worth of college credit card idiocy this way lol.

Question #4:

how to take my wife's name from my credit cards?

we have been struggling a little bit on making payments on time on my credit cards so both of our credit score is low due to the fact that i added her to all my credit cards a few years back. is it possible to take her out and help her credit boost up again? she is making her car payments on time and thats all she is in debt. please help

Question #5:

How do you build up good credit?

I'm going to be turning 18 soon and I want to know how I can build up a good credit score. I'm not looking to apply for a loan or anything anytime soon, I just want to know that if I ever need to get credit for something, my credit score won't get in the way. I'll be done with college by the time I'm 21 and after that I plan on moving down south, so obviously I'll need good credit to get an apartment. Also, what type of card should I apply for? Thanks for any advice you can give me.
By the way, I don't really have any bills to pay (not spoiled haha just lucky that mom takes care of me!) so paying bills with my card isn't really an option that can help me.

Question #6:

Why do you think fellow college students like to see their competitors fail?

In a math class the average grade was a 50%. About half of the class got less than this (including 20% who got below a 30) and the highest was an 80. The professor decided that he would give an extra credit assignment in which max points is 20 percent points. I know this one girl who is basically a straight A student and said she got a 63. She told me even though others wanted a retest because they felt they would not benefit alot from the extra credit, she told me that she would rather do the extra credit and even if she got a C+ or a B- she would be satisfied instead of a retest because her rival who sucks up to teachers got a 10 and wont get higher than a 30 and the exam is about 20% of the class grade.

Question #7:

Why did Gary Oldman go uncredited in the film 'Hannibal'?

I know that Gary Oldman went uncredited in the film 'Hannibal', where he played the horribly disfigured Mason Verger. But, why was he uncredited? Was it because he wanted equal billing and credit in the film, which also starred Anthony Hopkins and Julianne Moore, and that's why the producers decided to leave him uncredited? (Also might be the reason why Hollywood does not recognise his talents and performances). Or did he go uncredited, because he insisted on doing so, not wanting audiences to know the identity of the actor who played Mason Verger? If so, what could be the reasoning behind it?

Question #8:

Too many players with 'limited ability' at Liverpool FC - but stick with Rafa or time for a change ?

good morning friends and foes.

Whilst I wasn't surprised @ last nights result, or even performance - It was excruciatingly painful and as well as fustrating, watching Rafas men starting XI in action against a struggling Wigan side.

Struggling as they may, full credit to Martinez and his boys for getting the job done and winning the game. They were hardly playing total football against us, but being the diehard avid red that I am - i sat through much of last nights action.

Torres and Gerrard have recieved too much a$$ worshipping and loyalty from the fanbase this season - some players simply are not bringing that extra quality needed to the team, and I am fed up with reading comments from fans saying the former simply can't do everything themselves.

The truth is, Gerrard looks like a shadow of the player he was in 2008/09 and the fact Rafa seems to have no faith in the other forwards at our club to be given nod ahead of an unfit Torres means we are left to watch a disorientated, underfiring out of sorts Liverpool side week in week out.

If Torres is not performing because hes not fit - then introduce him into games late, as a sub.

I know many will say 'you only regain full fitness if you're given 60+ mins regularly' , but i'm afraid Torres just isn't in a side where he can score goals without being fully fit. Which leaves me exhausted with the 1 billion dollar question, why on earth isn't Ryan Babel getting his chance to start in games ?

While I don't doubt that Rafa HAS the ability to get it right, and guide the club to its first time in 20+ years - I do feel that he has only himself to blame for the delay and getting it awfully wrong this season. He is an able bodied manager but surely even he ought to have realised the pressure of the job at Anfield, and that filling the vacated seat of Houllier meant no more illogical transfer signings and tactical mistakes.

In a way I sympathise with Steven Gerrard when during the early part of the season he remarked " this was supposed to be our season where we'd be right up there..."

indirectly hes expressing his dissatisfaction at where the club is going, and of course at the running of the club itself to some degree. His way of letting Rafa know that he got it v.wrong this year.

SAF arrived at Old Trafford in nov 1986 and won the league in 1993.

Rafa arrived in the fall of 2004, and won the Uefa champions league in his first full season in charge followed by the FA Cup 2 seasons later and...and then led the team to a strong title challenge last season.

One would have thought he'd either match that this season or go one better.

Instead its like he completely lost the plot.

I appreciate that this is not the same era as the late 80s and that now it will be doubly hard for a maanger at a club like Pool, to wrestle the EPL crown away from the likes of United,Chelsea and Arsenal and of course with emerging sides Man City, Villa and Spurs means its going to take something SPECIAL from Rafa to end the 20 odd year title droubt.

I just wanted to address this to everyone, including Chelsea, Arsenal and United fans. Its going to take a monumental effort, from the position hes got the club in now - to steer the ship back on course again. Hes doing his best with what resources he has, but i honestly do not feel we have XI players on the pitch who are functioning well collectively.

Too many players in the side looked like they had little next to nothing extra to offer in support of Torres and Gerrard. I've never seen such 1-dimensional boring rubbish players in my feckin life, Lucas and Kuyt spring to mind. Insua simply looks in doubt and uncomfortable playing where he does and he has nerves written all over him.

While I can see the intelligent reasons behind refraining from throwing Aquilini into the deep end - and wants to make sure the lad is quietly and carefully introduced itno the EPL.

You do that with players whom you feel are v.special and need protection. This means that we have to sadly wait till next year, till we see more of him and the best of him.

I'll end with saying we have the most disjointed, dispirited 1-dimensional players I've ever seen at the club in a while - and I feel we have 2 choices, which we go for is up to the fans.


1. Simply put up with Rafa for now and accept the state of affairs hes got us in - until he eventualy puts things right again. After all, Mr.Ferguson won the league in his 7th full season in charge at United during arguably a time when the 'best team in the land' were clearly on the descendency and his club on the ascendency.

2. Too tactical and cagey ? lacking adventure and ideas ? fed up with foreign managers at the club ? time for a change ? Shall we bring in Kevin Keegan ?

all the best - sorry for the long rant

MR LFC ANFIELD REDS

~ " the peoples choice " ~

Question #9:

why do republicans like Coolidge even though he was president just before the crash?

why does he not get any credit

Question #10:

Is this abuse of the question/answer format?

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I have received an email for misuse of the Q/A format which I am at a loss to comprehend About 19 hours ago a question asked "What is the Holy Eucharist?" (I believe it was from Joh_mp4 Avatar) I clicked to go post an answer and to my complete delight there was already an answer from AJ (no picture profile, new member) which addressed the question consummately requiring no addition or amendment whatsoever. In fact I have re-visited the site and it appears AJ got best answer all credit to him he got 3 thumbs-up. Anyway as I said I was very glad AJ had been able to answer and so my answer was (in order to avoid repetition but at the same time affirm the aforesaid answer) "ditto" which means "the aforesaid, the same, as already stated or likewise". It was and still remains a perfectly legitimate comment to support my affirmation of AJ's answer to Joh_mp4's question and anyone who cannot see that (even though they may think I scored a lazy 2 points) should take a serious look at themselves b4 they come back into this forum to offer anything more than an apology for their malice of action. Is this a way of going back to the good old days? Or am I just on the wrong track? Will this be reported as abuse?

Question #11:

How to get the credit report directly from credit companies?

Hi can anyone know how to get the credit reports directly from credit companies. I want my credit report receipt from companies . If I go and ask them they will provide me report or not.

Question #12:

What credit report service is the best value?

I want a service that I can view my credit report and credit score for all major credit bureaus 3 or 4 times a year and make disputes quickly and easily as needed. I don't want to pay an arm and a leg. I shouldn't have to buy my own personal information in the first place.

Question #13:

I reported my credit card for fraud, and the bank put a derogatory mark on my credit report. Is that correct?

I got a letter from a company their credit card database had been accessed illegally and that the credit card I used may be at risk for fraud. They recommended that I contact my bank to cancel the card I used to purchase one of their products online. I called my bank immediately and had the card canceled and had another one issued. Now a month laster I'm looking at my credit report and there is a derogatory mark on my credit report from my bank saying that the card was lost or stolen under 2 of the 3 credit reporting agency's. .
Is this correct? Do I get penalized for reporting possible fraud to my credit card?

Question #14:

Why would my credit report look good on Equifax and not Experian?

My credit reports looks good for one agency.
I have a loan in really good standing that is being reported by Equifax on my credit report but when I look at the other, it has no history of the loan. Should this loan be reported to all three of the agencies?? Or is it up to them?

Question #15:

How do you know the item on your credit report is from which credit bureau?

I got a credit report from a lender (the lender type of credit report), it lists 3 credit scores.

There is a same tax lien listed twice, one has account number , the other doesn't has an account number. Which credit bureau should I contact for this issue? How do you know which item is from which credit bureau?

Question #16:

How does bad credit come off your credit report once you have passed the 7 year deadline?

Some delinquent reports on my credit report are due to fall off this year. Will they come off my report automatically or is there something that I should do once the fall off date has passed?

Question #17:

What website provides the best credit report for free?

I want to find out what my credit report looks like and my credit score. Can someone offer advice to which websites I should go to that provides the best credit report and score for free?

Question #18:

Is there a difference between the credit report a creditor sees and your full report on file with the 3 CRAs?

Correct me if I'm wrong but when you "pay for deletion" you are paying for any record of the debt to be 100% removed from the report that a potential creditor would see (like when you buy a car or credit card) .

--BUT the debt is never actually deleted from the credit report that you and the CRA have access to.

So, there are actually 2 forms of credit report: one that potential creditors see, and one which only you and the CRA see.

Is this correct??

what the phrase "pay for deletion" means exactly?

Thanks!

Question #19:

How to get the free annually credit report?

How do I obtain my free yearly credit report from the major credit agencies. I have heard that a law was passed and all agencies were to provide a persons credit report free once a year. I have encountered several websites claiming to be free but there are none that i have yet to come across. I do not have a bank account to paypal any of these credit report sites. How do I find the major credit agencies and how do I get my free credit report.

Question #20:

How long will it take to regain good credit report?

My boyfriend knew he had bad credit but didn't know what was in his credit report. He got his report off of one of those free websites. He has a couple of collection items on it. When he pays them back, how long will it take to come off his credit report? Also, when will credit card companies trust him enough to give a credit card after he pays back his debts?





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