Turning Challenges Into Solutions
One of the reasons many entrepreneurs or small business owners incorporate themselves is in hopes of reducing the tax burden that they have to pay. Ever since the passing of the 2017 Tax Cuts and Job Acts (TCJA) bill though, it's left even more people wondering what...
When you are drowning under your debt, it is likely that you are fearful about many things. It might be that you are fearful about losing your car or home, or that you worry that your children might not be able to enjoy a good quality of life. With all of this fear,...
When you own land and you find minerals or other naturally occurring substances of value, you may be curious about your options when it comes to mining these substances and selling them. While you may assume that anything you find on your land is your property, this...
When it comes to bankruptcy, you want to make sure your right to payment will put you in line to receive payment from the trustee, if your claim is secured. If intellectual property was used as collateral to secure a debt owed to you, you want to make sure you follow...
When an estate goes through the process of probate, a personal representative is needed in order to manage the transfer of assets. Probate can be a very complex procedure and it can take many months. Therefore, the personal representative needs to be a trusted person...
As a business owner, you may feel overwhelmed by a bad few months of business and not know which way to turn. Even the most lucrative of businesses can go through hard times, and this is why there are governmental initiatives in place to help businesses get some of...
You are planning to declare bankruptcy. Perhaps you got in over your head in personal credit card debt. Maybe you have a lot of medical bills that you just cannot pay off. Maybe both. Whatever the reason, you know that bankruptcy is the best way to straighten out your...
You have an excellent business idea, but you can't do it alone. You need a partner who brings specific skills and assets to the company. You know that the success of the business rides on how well this initial partnership works out. So, what should you look for in...
One of the greatest fears felt by those filing Chapter 7 or Chapter 13 bankruptcy is that the filing will forever damage their credit score. Though it’s true bankruptcy can negatively impact a credit report, the change is by no means permanent or impossible to recover...
You lease a commercial space for your new business. You hope the space gives you the exposure and foot traffic that you need, but it is hard to be sure.You project that your new company will make $500,000 per year. It has to in order for that lease to be affordable....