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Alabama Commercial Law Lawyers

Frequently Asked Questions

  • What is Redemption?
    Redemption is a legal term that describes a debtor’s action of reclaiming collateral that a creditor took legal possession of pursuant to the terms of a secured loan. Typically, a … more
  • What is the Retail Installment Sales Financing Act?
    A Retail Installment Sales Financing Act is a state law that governs retail installment contracts. A retail installment contract is one where the lender maintains title to the property, such … more

Legal Articles

  • Common Contract Terms Explained
    In every contract there are invariably a slew of legal terms and conditions that, regardless of the contract’s purpose, go unchanged and often unchecked by the contracting parties. These terms and conditions are often referred to as the contract’s “boilerplate” language.  Most people don’t give these sections a second thought, and it’s typically a … more
  • An Overview of the Uniform Commercial Code
    Each state in the United States has the authority to enact its own laws. While federal laws apply equally to all states, state law is only applicable to matters that occur in that state’s jurisdiction. Generally, this system works well. However, there are matters were uniformity among the state laws are desirable. Commercial transactions, which often occur in more … more
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