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[-] Owner Response - Genesis Title - Sue Connor/OH (5 replies)
11/9/2009 12:18:37 PM (5012 views)
Re: Owner Response - Genesis Title - Anthony P./VA
11/9/2009 1:12:48 PM (4882 views)

Based on the posts, it appears that you bought the assets of Buckeye Clear Title, hired the owner, kept the office space lease, kept the phone/fax numbers in order to capitalize on leads, or what is also known as "good will" of Buckeye Clear Title. In the process, the posts indicate that abstractors and creditors were left unpaid. It would seem plausible that these creditors could join forces to hire counsel to determine the following:

1. Are you a BFP of the business assets (purchaser for value without knowledge of claims)?

2. If you are not a BFP, could those assets (including any "good will") be judicially attached to pay those bills?

3. Can the actions of the prior owner in facilitating this transaction support a "piercing of the corporate veil" such that creditors could file against him/her for personal liability?

The bottom line is that the posts indicate there are abstractors who performed work on behalf of Buckeye Clear Title that are owed money. Your willingness to capitalize on leads from Buckeye Clear Title and hire the owner calls into question your post stating that you hired people from Buckeye "who have the experience you desire of people who have been in the industry."

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Re: Owner Response - Genesis Title - george Hubka/MI
11/9/2009 4:57:43 PM (4861 views)
Re: Owner Response - Genesis Title - Clanci Nelson/OH
11/16/2009 1:48:14 PM (4616 views)
Re: Owner Response - Genesis Title - george Hubka/MI
11/16/2009 10:20:28 PM (4591 views)
Re: Owner Response - Genesis Title - David Chisolm/MS
11/20/2009 4:48:56 PM (4379 views)

[+] One Owner Search Survey Results - Jeanine Johnson/FL (1 reply)
11/5/2009 9:55:05 PM (5422 views)

[+] Brainy Treats Inc. (You're gonna love this....) - Alix Ott/MI (8 replies)
11/3/2009 2:21:06 PM (5992 views)

[+] Gensis Title /Trident/Buckeye Clear Title - CONFUSION - Ownership Response - Sue Connor/OH (4 replies)
11/3/2009 12:39:33 PM (5852 views)

[+] US Land Title, LLC aka USLT - Marian Littleton/VA (11 replies)
11/2/2009 4:36:03 PM (5225 views)


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