Phil is a nationally recognized bankruptcy expert having participated in bankruptcy cases and bankruptcy litigation in all jurisdictions in the suburban Washington, D. C. area and many jurisdictions nationally, including, most recently, New York a...
Practice areas & skills: Corporate & Incorporation, Bankruptcy & Debt, Litigation
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A corporation is a formal way to organize your business to gain rights and privileges, and to limit your personal liability. There may be tax and financial advantages to incorporation, but it can also increase your business licensing fees and decrease the amount of personal control you have in running your business. There are many legal consequences to incorporation, so it's a good idea to consult an attorney specializing in corporate law. A corporate attorney also represents shareholders unhappy with the actions of a corporation.