Requirements for an E-2 Visa

Jun 18

America has come into agreements with many countries regarding immigration and work possibilities. There are many ways that businesspeople can now enter and work in the United States because of these agreements. One such option is the E-2 which allows business owners entry and work in the country according to their investment that they will be taking control of during their stay in the United States. The visa should be renewed every two years, and can be renewed many times since there is not limit

To have an E-2 visa you have to pass certain requirements. First, you have to invest in a new or already existing enterprise in the United States. This means placing capital (including funds as well as other needed assets) against risks in order to gain profit. Regardless of whether you are establishing a new company or buying an already-existing one, the investment should be deemed substantial in order to qualify for E-2 visa. Another requirement is that the investment should be put in an authentic and legal enterprise which makes profits through services or goods. Idle investments are not acceptable, as well as investing in marginal enterprises which do not generate enough income that would provide for a minimal living or give a significant contribution to the economy.

Next, you should have enough funds that will be completely invested to the enterprise or business. You should be able to present and prove that your capital investment is completely devoted to your enterprise or business and subject to possible partial or total loss should the investment fail. This should be your own and should be enough in relation to the total cost on the investment. You should also be able to prove the legitimacy of your funds; it should come from legal sources and not through criminal means. Lastly, the aim of your coming to the United should be to develop and direct the growth of the enterprise or business you have invested in. you have to own at least 50 percent of the company or have operational control by having a managerial or other corporate positions.

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Knowing the type of bankruptcy that’s best for you

Feb 18

Filing for bankruptcy has never been quite appealing for most people. Some are hesitant to file for bankruptcy because of the stigma it may possibly bring. However, bankruptcy can be your best option in getting back on track. Furthermore, filing for bankruptcy can be your only way in securing your assets while trying to rebuild your finances.

Bankruptcy could be your way to re-establish your life and obtain financial freedom. Depending on your circumstances, there are different types of bankruptcy filings that would best suit your needs. We can group bankruptcy types into two: personal and business.

Personal bankruptcy

When you file for a personal type of bankruptcy, you are trying to deal with debts that affect you or your family. It can be student loans, credit card debts, car payments, home mortgages, and other personal debts. Personal bankruptcy offers two reliefs that you may choose from:

  • Chapter 7 – The main objective of a Chapter 7 bankruptcy filing is to discharge or wipe-out unsecured debts, such credit card and personal loans. Chapter 7 is perfect for those with no stable source of income, or for those with a monthly income that’s within or below the median
  • Chapter 13 – Individuals with a stable source of income and with assets higher than the median may benefit more from Chapter 13 than from Chapter 7 filing. Chapter 13 offers wider range of protection than Chapter 7, and can protect the applicant from wage garnishment, foreclosure, and repossession.

Business bankruptcy

Businesses that are experiencing great financial hardships may benefit the most from business bankruptcy. There are three different business bankruptcy options: Chapter 7, Chapter 11, and Chapter 12.

  • Chapter 7 – This type of filing is effective in discharging or eliminating small business debts.
  • Chapter 11 – Chapter 11 bankruptcy filing may help large companies and businesses who are operating in the red to reconstruct their finances while doing business as usual.
  • Chapter 12 – Chapter 12 bankruptcy is particularly designed for family fishermen and family farmers to re-establish their finances. This is pretty much like Chapter 13 bankruptcy, but with additional benefits that are tailor-fitted for those engaged in farming and fishing operations.
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Do I have the right to sue if I was bitten by a dog?

Feb 17

Dog attacks and dog bites have been associated with numerous emergency department visits and hospital stays in different states across U.S. In severe circumstances, dog attacks have also been responsible to a number of deaths in the country. According to the website of Habush Habush & Rottier S.C. ®, more than half of dog bite incidents in the country involve children, although anyone could be vulnerable to dog attacks.

Hospitalization and emergency department visits could be too costly for someone who’s been bitten by a dog. Furthermore, a person injured by a dog might even need to take several days off work, resulting in lost wages and productivity. In cases wherein a victim has been seriously and irreversibly harm, he may find it more difficult to perform the tasks he can previously perform with ease. Ultimately, injuries from dog attack may even affect your capacity to earn a living.

Being attacked by a dog can be emotionally traumatic, too. Some individuals may even develop post-traumatic stress disorder (PTSD) after being bitten by a dog. Unfortunately, people living with PTSD may find it hard to get back on track without treatment and professional guidance.

These and more could be grounds of legal action against the dog owner involved. However, you should note that dog owners are not always responsible for the damages brought about by an animal attack. Dog owners won’t be liable for a dog attack if:

  • The person is trying commit a crime
  • The person is a trespasser, which means s/he is not allowed to enter the premises
  • The person is proven to hurt or attack the dog, or provoke the dog to do such action
  • The person is a practicing veterinarian or a dog professional
  • The person was bitten by a military or police dog while in duty

When attacked by a dog, it is important to seek professional guidance to know if you are eligible to claim compensation, and what legal option would best suit you.

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The dangers of texting while driving

Feb 15

Thousands of accidents that happen in U.S. roads each year have been associated with distracted driving. In fact, according to the National Highway Traffic Safety Administration (NHTSA), 3,328 people have been killed in accidents involving distracted driving in 2012, while an additional 421,000 people have suffered from injuries due to accidents involving a distracted driver.

According to the website of Habush Habush & Rottier S.C. ®, car-related accidents caused by a distracted driver can wreak havoc on the victims’ lives. Car crashes may not only cause irreversible injuries, it may ultimately result in deaths. And texting while driving is considered among the top culprits that notoriously take the lives of many American motorists and passengers on the road.

Texting is considered a complete driving distraction, as it takes all your attention away from the road and into texting. Here is how texting can profoundly impact your focus in driving:

Texting is a visual distraction

Texting requires you to see the screen of your mobile to obtain and send information. Unfortunately, taking your eyes off the road even just for split seconds may trigger life-changing accidents. Also, the visual distraction brought about by texting makes you less vigilant of road hazards, making youyou’re your occupants more prone to crashes.

Texting is a manual distraction

When driving, it is important that both your hands are on the wheel to ensure complete control. However, because texting requires you to take one of your hands off the wheel, you are reducing your control of the car, making you more prone to road-related accidents. Texting while driving can be especially dangerous for those whose car is in manual transmission, as it can cause you to lose control of both the wheel and the gear.

Texting is a cognitive distraction

Reading SMS or responding to one can make you think of something else other than driving. Unfortunately, a driver whose focus is not on driving could endanger his own life, the lives of his occupants, and the lives of anyone sharing the road with him.

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Divorce and credit card debts: Can they go together?

Feb 14

While some couples believe that the only option out of a dysfunctional marriage is a divorce, a few of them are quite hesitant in filing their legal papers because of one thing: credit card debt. Some are apprehensive that when they get divorced, they could bear sole liability of the debt, or at least be ordered to pay larger sums. But according to the lawyers of Holmes, Diggs, Eames & Sadler, proper legal guidance is all what it takes to file for divorce even if in debt.

First, it is important to note that most financial planners would advise that you get out of joint credit card debt first before ending your marriage. This can be done by dividing the debt and paying it off completely, or transferring it to your individual cards. However, for some, these options are not always available.

In the U.S., there are two systems in classifying marital properties and liabilities. Most states implement common law rules, wherein a married person solely owns the property s/he acquired, unless s/he expressly stated that his/her spouse would hold the property jointly. This same legal principle rules for credit card debts: if a married couple acquired credit card debt under his/her name, s/he will be the one to pay for it.

The scenario is different when you are living in a state where community property rules are implemented. In a community property state, any property acquired by married couples during their marriage is considered communal, and should be owned jointly by both. This principle can also be applied to credit card debt, which means any credit card debt incurred by either couple during their marriage are considered shared, and should be paid jointly. However, there is also a possibility that you will not be responsible for a debt incurred by your spouse that did not benefit your marriage in any way.

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