Business Incorporation, Collections
Starting a Business - If you
start a business you may want to consider incorporating
it. One advantage to Incorporation is to limit liability
for losses to assets of the business. If you do business
in your personal capacity then everything you own may
become subject to the claims of creditors unless it is
exempt. The best reason to incorporate is to define the
relationships of all parties involved in the business. A
large percentage of businesses fail within the first
couple years. In successful, or long term businesses, it
is always wise to spell out in WRITING what is expected
both when the business is successful or when it
dissolves or is sold. Someone who is your friend today
may change strategies when money (income or loss) is to
be divided. Consider what will happen when you want to
move onto to other endeavors. How do you get out? Having
a plan will help.
Collections
- If you did not get “shown the money” up front you may
need help getting payment. Maybe you got a hot check. We
can help you navigate the shoal waters to find the
hidden treasure by obtaining a Judgment, locating and
seizing assets to pay the debt.
If you are a Debtor to one of our
clients be warned that the Law Firm may be considered a
Debt Collector. Any information obtained may be used for
that purpose. |