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Discussion
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[+] Slow Pays-Law Firms - Ellen Maher/MI (3 replies)
11/23/2009 12:12:30 PM (3911 views)

[+] The Most Unhappy News of the Day - Patrick Scott/IL (6 replies)
11/20/2009 9:32:15 PM (4546 views)

[+] Abstracting for surveyor's - Wayne James/TX (5 replies)
11/20/2009 4:11:07 PM (3937 views)

[+] Pre-Foreclosure Search Requirements - JENNIFER HOLZMAN/PA (7 replies)
11/20/2009 1:43:12 PM (4188 views)

[+] Prestige Title Specialists - chris denham/GA (1 reply)
11/20/2009 12:57:30 AM (4530 views)




[+] Social Media in Today's Marketplace - Jarrod Clabaugh/OH (1 reply)
11/18/2009 10:53:35 AM (4912 views)

[+] Nonpayers: Velahos Law, Woodbury Title, The National Foreclosure Consultants Group (TNFCG) - Patrick/NY (10 replies)
11/16/2009 10:06:26 AM (6145 views)

[+] Question? - Dorothy Payne/NY (2 replies)
11/13/2009 10:44:37 PM (4506 views)

[+] Why ask for a fixed fee for title abstracting ... - Bobbi Shorthouse, Notary Public/CT (5 replies)
11/13/2009 1:36:30 PM (4519 views)

[+] Premier Abstracting Services, LLC - Cliff Boltz/VA (3 replies)
11/13/2009 11:19:34 AM (5114 views)

[+] Thank you for your service! - Nils Nelson/ME (1 reply)
11/11/2009 9:38:57 AM (4042 views)

Abstract Research Group in Lansdowne, VA?? - Paul Hajacos/VA
11/10/2009 7:56:59 PM (3567 views)

[-] Owner Response - Genesis Title - Sue Connor/OH (5 replies)
11/9/2009 12:18:37 PM (5101 views)
Re: Owner Response - Genesis Title - Anthony P./VA
11/9/2009 1:12:48 PM (5163 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 (5143 views)
Re: Owner Response - Genesis Title - Clanci Nelson/OH
11/16/2009 1:48:14 PM (4898 views)
Re: Owner Response - Genesis Title - george Hubka/MI
11/16/2009 10:20:28 PM (4873 views)
Re: Owner Response - Genesis Title - David Chisolm/MS
11/20/2009 4:48:56 PM (4665 views)

[+] One Owner Search Survey Results - Jeanine Johnson/FL (1 reply)
11/5/2009 9:55:05 PM (5480 views)

[+] Brainy Treats Inc. (You're gonna love this....) - Alix Ott/MI (8 replies)
11/3/2009 2:21:06 PM (6038 views)


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