Month: September 2019

Does your employer want you to quit?

As a sales representative in Michigan, you may run into employers who have unethical business practices. As a sales representative, you are in control of how much money you earn. Employers have certain expectations for sales representatives. If you reach too high or...

Recover more with asset liquidation

When your Michigan business reaches the end of its life, Investopedia describes liquidation as the distributing assets to claimants. The company uses its assets to pay off shareholders and creditors based on the priority of each party’s claim. Businesses in the middle...

What happens to business debt during a foreclosure?

If you own your own building for your Michigan business, what happens when you are about to go through a foreclosure? Foreclosures occur when you cannot pay your mortgage payments. When this happens, you may have other debts. What happens to your business debt?...

Substandard performance reviews to avoid payment

Some Michigan sales representatives go beyond the normal. In most companies, you would think that these people would be the shining stars in the eyes of the employers. Unfortunately, this is not always the case. When a person makes a big sale, his or her contract...

Can you stop a business foreclosure?

The news that you are going into foreclosure is difficult to process. It is a scary time that leads to a lot of fear and stress for a building owner. As a commercial building owner, you can suffer the same consequences as those who have a residential mortgage. The...

What is a deed in lieu of foreclosure?

When your Michigan business is up against foreclosure, you may not know what to do next. You have already resigned to the fact that you will lose the building, but that does not necessarily mean that you have to foreclose. This is where a deed in lieu of foreclosure...

Do whistleblowers forfeit their position?

Whistleblowers play an important role in society. Without them, there would be no one to call out instances of wrongdoing, corruption or fraud. Companies and organizations would get away with injustice. While whistleblowers are invaluable, they often stand up against...

Can your former employer withhold commission payments?

For most commission-based workers in Michigan, commission payments are their main source of income. For this reason, it is essential that they receive their final commissions shortly after ceasing to work for the employer, whether the cessation is by choice or...