Posts Tagged ‘Michigan’
Understanding Confidentiality and Attorney-Client Privilege
Business owners who engage an attorney should understand confidentiality and privilege in the attorney-client relationship and take steps to ensure that matters they wish to keep confidential are not inadvertently disclosed to third parties. It is often a misconception that all information disclosed to your attorney will be confidential. This is not always the case.…
Read MoreForfeiture vs. foreclosure of land contracts in Michigan? 5 things to consider
When a buyer defaults on a land contract, the seller can generally pursue one of two legal remedies: forfeiture or foreclosure. Both remedies have advantages and disadvantages. In general, forfeiture is faster, cheaper and easier than foreclosure but does not allow you to accelerate the debt or obtain a deficiency judgment. Forfeitures are summary proceedings…
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