If you’re lucky, the name you choose will be the face of your business for years to come. How do I choose a business name? Your first step is to check to see if your business name is available. If another business is already using your preferred business name, you’ll need to ...
an LLC limits personal liability. An LLC is a separate legal entity that can sue and be sued as well as buy and own property. Like a partnership, an LLC may be less complicated to manage. But unlike a partnership, the death, retirement, expulsion, or bankruptcy of one member does not ...
Bankrupt companies are an exception to be aware of If you own a stock where the company has declared bankruptcy and the stock has become worthless, you can generally deduct the full amount of your loss on that stock — up to annual IRS limits with the ability to carry excess losses forward...
Call the number for the bankruptcy district where the debtor filed. A voice prompt will guide you through the menu by using the touch-tone buttons on your phone. Select the option to search bankruptcy records by name. Punch in the debtor's name using the keys on your phone. Substitute "1...
providing the returns to the Trustee and answering questions about them certainly could incriminate the person. Does the filing of a Bankruptcy petition mean the filer has waived their Fifth Amendment rights against self-incrimination?Continue Reading ...
Filing for bankruptcy is a big decision and one that will certainly impact the rest of your life. Deciding whether to apply is one of the hardest things you will ever have to do, and you should always fight tooth and nail against it. Still, unfortunately, many have to declare bankruptcy,...
Court records if you’re recently divorced or dealt with something like bankruptcy or foreclosure Contact info for your landlords if the lender wants to verify payment ID (such as a driver’s license or passport), so lenders can verify your identity and that you’re a U.S. citizen. Foreign...
Perhaps you are not considering bankruptcy but want to explore filing a Compromise or Write-Off? We give concise information on these strategies and the keys for effective negotiations with the lender. Many other discharge strategies are discussed. ...
Can filing for bankruptcy help you get out of the money pit? © alphaspirit/stock.adobe.com We all have to deal with some level of financial burden at some point in our lives. Most burdens are manageable; some are only just tolerable. But in the rare event that the weight of ...
If your LLC faces bankruptcy or lawsuits, your personal finances usually stay safe. Simple setup process: You can often complete LLC registration online by filing forms and paying a filing fee. Many states process applications within a few business days. Professional credibility: An LLC structure ...