...
My middle name is Marshall and I want to use it for my clothing brand “Marshall Clothing” I have checked trademark databases and the phrase ‘Marshall Clothing’ is not registered. However, I realised that the word ‘Marshall’ is highly associated with the company “Marshall Amplifications” Is my brand ...
I established a single-member LLC in California in 2018. Now, I would like to add another member to this LLC by giving him 50% of the ownership. I already received a new EIN from IRS for this two-member LLC. Now the question is what form do I need to file on California State's website? Do I need to ...
I am a banquet hall business owner. My bank has refused to give me relief on mortgage payments because I was already behind 2 payments due to the increase in property taxes in the county. The bank has filed for foreclosure during covid and intends to appoint a receiver in June 2020. At this point, I...
I am orginally from the UK and had this business idea for over two years now I see alot of people online doing this method illegally (well in the UK you need a license to do this). I want to start a business to host these methods legally the business may come under gambling as it would be a hosting ...
...
...
No personal guarantee was signed....
Specifically, I am limited to 10k monthly income. Can I have an S Corp that retains earnings such that my 1040 income remains at 10k? Can I buy a home? Don't own one....
Live in Toronto, Canada. Founded an independent video game studio communicating online and file-sharing. Many are in USA, but people help from countries all over Earth. "Staff" information is together, but I wonder what is possible in terms of a company. We create intellectual property and need non-...
A General Partner (GP) of a CA Limited Partnership (LP) filed for personal bk, Chap 7, and the LP was listed as a co-debtor. All claims discharged including many from the LP. Fast forward five years, the LP is now in Chapter 11, with the GP threatening to also file bk personally once more. How does ...
In Texas, if I filed for bankruptcy, informed my mortgage company about it with my case # and got jailed for a different reason before the bankruptcy got concluded, should it be in effect or should my mortgage company foreclose my house? Do I have any legal option if the mortgage company foreclosed ...
What are terms of fines payments for corporations? For example: Court says: Corporation X must pay 100 millions to Corporation Y as fine. What are terms of payment for Corporation X? Will corporation Y get full amount? How will it pay: 100 mln at once or piece by piece? Is there any standard? Or eac...
Should that be as a loan to the company or a capital account? Is one better than the other in a chapter 7? Contributions were made a long time ago....
If one files for personal Ch 7 bankruptcy, do the past capital contributions to an LLC or S Corp get affected? Capital Accts? Owner's equity, etc? I'm aware their units or shares may be affected. But I'm curious if capital accounts or owner's equity is an asset they can try and claw back from the bu...
I learned my former employer will be filing Chapter 7 for his privately-owned corporation mainly because of (unsecured) judgments against it. It has very few assets other than the office building it owns which has about $500k of equity. The building was always the property of a US shell LLC whose re...
