Business Lawyer Blog
While 80% of businesses have some sort of credit management policy, only 50% of businesses actually check a buyer’s credit worthiness. Subsequently, a little less than 39% of all B2B invoices are paid on time. This is not an uncommon […]
The Chapter 7 is the simplest form of bankruptcy. The court shall assign a “trustee”. This person (or entity) will have the duty to liquidate your business assets as best they can to satisfy as much of your creditor’s claims […]
Here are some assessment questions and their implications. Use these questions, in addition to a discussion with a qualified Business Bankruptcy attorney to determine whether the business bankruptcy process is right for you. How liable are you personally? Have you […]
Consider your legal entity. If you have done business as a sole proprietorship, DBA, general partnership, you automatically might want to consider going the personal bankruptcy route. Your business debts are all personal debts, because there is no separation between […]
It’s a bit of a catch-22. You’re out of money; but now in order to declare bankruptcy, you need money. This blog and our ebook has a chapter that discusses alternatives to bankruptcy. The bankruptcy process is a process held […]
Things were hard enough before COVID19 broke the business world. Advertising & marketing prices were skyrocketing. Bids on pay-per-click engines were going for $15-25 per click on most engines. The pure volume of competitors on the market was just astounding. […]
When facing the possibility of raising funds, it is easy to feel overwhelmed. You know what? You should. Honestly, the complexity of the entire process and potential parties that you could partner with is enormous. That is why Nowland Law […]
As the dust settles from 2019, we can now clearly see what some of the most influential Supreme Court cases of 2019 were, with a specific eye on what affects business owners the most. Freedom of Information Act Businesses routinely […]
When choosing your corporate structure, you should be aware that some industries do a lot better with a certain type of corporate structure than others. Even though the below might sound great, your specific company might actually do a lot […]
Courts across the country are modifying their rules and, in some cases,, shutting down all-together. Most court functions have been severely reduced to discourage gatherings required for normal court business. Exceptions exist for the most critical legal interventions in society; […]