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Sole Member LLC Protection in Florida

Sole Member LLC Protection in Florida

             A Florida limited liability company with only one member, or owner, is called a sole member liability company (“sole member LLC”). Before moving forward with the formation of a sole member, it is crucial to understand how the liability...
What is Automatic Stay in Bankruptcy?

What is Automatic Stay in Bankruptcy?

THE AUTOMATIC STAY PROTECTION START WHEN THE CASE IF FILED  The automatic stay is a prohibitive injunction that prevents collection efforts by creditors after the filing of a bankruptcy case. In plain English, this stay legally prevents creditors from calling,...
Wind Up: Closing your Business

Wind Up: Closing your Business

During tough times, many business owners decide to wind up their existing business to move onto other opportunities rather than keep operating a business at a loss. Some reasons for closing or winding up a business may include, but are not exclusive to, the following:...
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