Articles for Legal & Accounting Experts

Buy Here Pay Here (BHPH)
Accounting And Tax Review

Friday, September 01, 2006
David Keller - You can prepare combined financial statements if required for banking or other purposes without jeopardizing your RFC sale transaction...

Fishing For Additional Vehicle Sales

Friday, September 01, 2006
David Keller - Decide what you want to sell and whom you want to sell to. What is their average age? Are they married?...

The Internet And Its Effects On Accounting Departments

Friday, September 01, 2006
David Keller - The internet has improved the speed at which data can be exchanged between dealers and those that they wish to communicate with...

2005 Remininsces

Monday, August 28, 2006
Thomas B. Hudson, Esq. - It’s hard enough for dealers to get this compliance stuff right without having two sets of documents...

Good Guys Motors Or Snake Pit Motors?

Monday, August 28, 2006
Thomas B. Hudson, Esq. - Both Goodguys and Snakepit need a legal compliance program, constant legal training and ethics workshops. But that's all Snakepit has...

Understanding Vehicle Finance

Monday, August 28, 2006
Thomas B. Hudson, Esq. - Interested in a helpful training aid that you could use to educate your dealership personnel about one ... selling and financing cars?

War Of The Words

Monday, August 28, 2006
Thomas B. Hudson, Esq. - Well, in the battle between car dealers and their various adversaries, the adversaries are trying to pick the vocabulary...

Old Wine In A New Bottle

Monday, August 28, 2006
Thomas B. Hudson, Esq. - The court’s decision breaks no new ground; it’s mandate for correctly financing negative equity has been the law at the federal level ...

Dealer Advertising - An Easy Target

Friday, August 25, 2006
Thomas B. Hudson, Esq. - ... target of AGs is dealer advertising. It isn’t a coincidence that AGs from several states have zeroed in on dealer advertising...

Who Are The Cops?

Friday, August 25, 2006
Thomas B. Hudson, Esq. - ... who the car dealership sales, credit and lease cops are and what laws they enforce...

News Flash - There's No Crime in Ohio
GMAC Shafted by Ohio Attorney General

Friday, August 25, 2006
Thomas B. Hudson, Esq. - Ohio Attorney General just sued GMAC after GMAC reported to the AG that a dealer had defrauded it in connection with the dealer’s sale of leased cars...

Failure To Disclose Damage Costs Dealer A Bundle

Friday, August 25, 2006
Thomas B. Hudson, Esq. - You have a truck in inventory that you know has been damaged and repaired to an extent requiring you to tell any potential buyer ...

Dealer Credit Insurance Practices Withstand Class Action Challenge

Friday, August 25, 2006
Thomas B. Hudson, Esq. - Many dealers have formed separate insurance companies to permit them to earn commissions on the sale of credit insurance and other products...

Why Look For Hard Answers When There Are Easy Ones?

Friday, August 25, 2006
Thomas B. Hudson, Esq. - ... federal laws sometimes carve out businesses and commercial transactions as exempt, as do some state laws...

Insurance? What Insurance?

Friday, August 25, 2006
Thomas B. Hudson, Esq. - Under the policy, Service Lloyd’s agreed to defend Wink in any lawsuit alleging violations of any federal, state or local truth-in-lending law...

"Long Arm" Laws and Internet Sales

Friday, August 25, 2006
Thomas B. Hudson, Esq. - When you sell cars over the Internet without limitation as to who can buy those cars, be prepared to show up in court in any state in the country...

You Don't Need a Compliance Program

Friday, August 25, 2006
Thomas B. Hudson, Esq. - The place that every good dealership compliance program has to start is in decent, ethical treatment of the dealership’s customers...

Eliminating Your Accounting Department

Friday, August 25, 2006
Jeff Smelley - Outsourcing entails hiring companies that will provide a service you require, better and more economically than you could provide it for yourself...

The "Consumer Wins" Argument For Starter Interrupt Devices

Tuesday, August 22, 2006
Thomas B. Hudson, Esq. - dealers and finance companies operating in the sub prime arena believe that the use of starter interrupt devices is a good thing...

"He Said, She Said," Or Why We Build Courthouses

Tuesday, August 22, 2006
Thomas B. Hudson, Esq. - The motion is usually based on the dealer’s claim that the car buyer has failed to state sufficient facts to make out a viable claim...

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