News – Articles
Flat Fee Lean Start-Up Business Legal Package Guide
Many entrepreneurs and founders are hesitant to talk to an attorney for fear of the dreaded hourly billing or unknown costs. The other concern is that many people fear or don't want to deal with lawyers, either because they don't know what to expect or there have...
Business Start-Up Toolkit- A Guide to Lean Startup Legal & Advisors
I was reading an article in this month's (June 2012) Entrepreneur magazine by Ann C. Logue entitled "Beyond the Handshake- Having a business partner can be valuable. Having the wrong-or no-partnership agreements can be disastrous." It details the experiences I hear...
What is a 341 Hearing?
What is a 341 Hearing?What is a 341 Bankruptcy Hearing (Creditor's Meeting)? A bankruptcy case involves a lot of different forms, paperwork, and procedures. People who are thinking of filing for bankruptcy or have done their research about it will have heard of the...
What Happens if You Violate Quarantine and Keep Your Business Open
What Happens if You Violate Quarantine and Keep Your Business OpenIt’s been over a year now since Covid-19 has hit pause on “normal life,” yet it’s still making its impact. Just when we thought that things were going back to normal, we’re once again hit with a surge...
What to look for in a bankruptcy attorney
What to Look for in a Bankruptcy AttorneyA bankruptcy case can get very complex, especially because all of a person’s financial records will be laid out for their bankruptcy trustee and the judge. Sensitive money matters like this can get overwhelming for anyone. That...
Guide to Business Entities – California lawyer explains [Free Guide]
Guide to Business Entities - California Lawyer Explains [Free Guide]Businesses can be categorized by law in several manners. And these classifications matter when it comes to determining how a business is recognized, how it’s taxed, and the personal liability, or lack...
Startups / Entrepreneurs- Types of Ownership and Equity Explained
Startups Entrepreneurs: Types of Ownership and Equity ExplainedBusinesses can be classified in different ways, depending on the type of ownership and equity a person has over an organization. A lot of times, the various classifications can seem difficult for a startup...
FAQs for Chapter 7 Bankruptcy, Timelines, Steps
FAQs for Chapter 7 Bankruptcy, Timelines, StepsWhen filing for bankruptcy, a person has the option to choose between Chapter 7 or Chapter 13. Each type has different rules, qualifications, processes, and effects on the filer’s debt. The most common between the two is...
Be careful with PPP / EIDL Loans when considering possible bankruptcy
Be Careful With PPP and EIDL Loans When Thinking About Future Bankruptcy OptionsBusiness owners that were heavily affected by the restrictions put in place after the onset of the Covid-19 pandemic are now facing financial difficulty that’s putting not only their...
Are PPP / EIDL Loans Eliminated in Bankruptcy?
PPP EIDL Loan Eliminated in BankruptcyBankruptcy offers debtors immediate relief either by discharging certain debts in a Chapter 7 bankruptcy or ordering a favorable payment plan in Chapter 13, which gives the debtor more time to settle their debts as they can do so...
Drastically increased homestead exemption in California allows bankruptcy clients to keep $600,000
Drastically increased homestead exemption in California allows bankruptcy clients to keep $600,0002021 has already brought in a big change — the homestead exemption in California. As of January 2021, big changes have been made to the homestead exemption that have...