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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...

What’s the difference between LLCs and corporations?

What's the difference between LLCs and corporations?“LLC” and “corporation” are often used interchangeably to refer to companies that are created under State law. Generally, they are similar to one another in terms of being legal entities separate from the actual...

What happens when a business owner dies?

What happens when a business owner dies?When a business owner dies, a significant issue is deciding who will be named the next owner. And this situation can get very complicated, especially if there has been no written agreement or stipulation that decides on the...

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