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[-] Owner Response - Genesis Title - Sue Connor/OH (5 replies)
11/9/2009 12:18:37 PM (4521 views)
Re: Owner Response - Genesis Title - Anthony P./VA
11/9/2009 1:12:48 PM (3707 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 (3693 views)
Re: Owner Response - Genesis Title - Clanci Nelson/OH
11/16/2009 1:48:14 PM (3426 views)
Re: Owner Response - Genesis Title - george Hubka/MI
11/16/2009 10:20:28 PM (3385 views)
Re: Owner Response - Genesis Title - David Chisolm/MS
11/20/2009 4:48:56 PM (3213 views)

[+] One Owner Search Survey Results - Jeanine Johnson/FL (1 reply)
11/5/2009 9:55:05 PM (4851 views)

[+] Brainy Treats Inc. (You're gonna love this....) - Alix Ott/MI (8 replies)
11/3/2009 2:21:06 PM (5462 views)

[+] Gensis Title /Trident/Buckeye Clear Title - CONFUSION - Ownership Response - Sue Connor/OH (4 replies)
11/3/2009 12:39:33 PM (5271 views)

[+] US Land Title, LLC aka USLT - Marian Littleton/VA (11 replies)
11/2/2009 4:36:03 PM (4742 views)


Real Title Services


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[+] Land Contract Question - Helene /GA (10 replies)
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[+] One Owner Search - Jeanine Johnson/FL (4 replies)
10/29/2009 7:07:14 PM (4815 views)

[+] Bringdown on others work - CF/PA (14 replies)
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[+] COPY & SCAN FEE IN CT - JACQUELINE POLVERARI/CT (10 replies)
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[+] AZ independent abstractors? - John McMillian II/AZ (5 replies)
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E & O Insurance - Matthew Sharpe/OH
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[+] VA Mortgage Center - Ray Young/GA (1 reply)
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CU Members Mortgage - Ray Young/GA
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[+] Ras Inc - Helene /GA (1 reply)
10/22/2009 9:58:07 PM (4009 views)


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