If I was gifted a business and am now the sole owner can I sell the business if it is failing?

Assuming you own the business, you can sell what you own. As stated earlier, there may be some hidden liabilities (or some liabilities you are...

I WANT TO ADD A NEW NAME UNDER THE LLC WITH ITS OWN EIN AND BANK INFORMATION,AND WITHOUT AFFECTING MY PERSONAL LIABILITY????

The concern that I see is the absence of discussion regarding asset protection. You might strongly consider speaking with an attorney about the...

What kind of company filing should I do if I want to sell Jordan shoes as well as have a game customers can play to win Jordans?

Having a business that sells goods is pretty standard fare. Your local business lawyer can help you with that. Having a business that runs of...

To ensure that a business entity is ACTUALLY owned by the purported owners, one should have stock shares and certificates issued. One should also...

What is the best/simplest way to set up an LLC/LLC's for running multiple businesses both on and offline?

Mixing liabilities into the same LLC is not a wise idea. Example: If you make 80% of your income from one business venture, and it has very little...

Just how much can we be held liable above what our insurance pays in an auto accident? Could they come after us?

If you have applicable insurance coverage, the insurance will pay the coverage limit. Any excess judgment would be your responsibility. Of...

ON SAT 6/14/2014 THEY REPO GUY TOOK MY CAR AT 5:15AM POLICE GAVE THE EXACT TIME THE WHOLE WEEKEND THE YARD WAS CLOSED

This is a tricky one. You will likely need to look at the language of the original contract and/or loan agreement to see if the lien holder has...

Aaron Furniture charging interest even when i want to make the entire payment

These contracts (like furniture financing contracts) often carry with them a requirement that "equal monthly installments" be made. This type of...

Disabled-in need of ALTC qual. My son has 22q11 chromosomal disorder (much like Downs) but he is higher functioning. IQ 77%

I too have a special needs son, and I completely understand your frustration and concern. You can google search for "special needs advocates" in...

Selected as the best answer

I am dealing with a retaliation letter that i was given because i called the cops on her husband for shooting at birds. i live

You have the right to stop the harassment. You can seek to stop the harassment by and through a court order. You must be in reasonable...