Using the family silver It’s hard to find lower loan rates than at the Bank of Mom & Dad. But beware the pitfalls. If the loan is sealed with a handshake rather than written documents, there’s a chance it might turn into a gift and create tensions among siblings. Loans improperly set up can cause …
Category Archives: Legal
Westside Lofts condo files for bankruptcy
Westside Lofts condo files for bankruptcy Proposed South Beach condominium Westside Lofts filed for bankruptcy in a bid to reorganize the troubled development. The move comes amid legal battles in Miami-Dade Circuit Court between the development company and its lender and general contractor. Eastern National Bank is seeking more than $2 million for an overdue …
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