Corporations
What happens if a judgement is issued on a corporation that is dissolved?
If the creditor is a corporation in a judgement and then the corporation is dissolved can judgement still be enforced? The judgement originated in Orange County, California and has been recorded in the State of New Jersey under the uniform enforcement?
Can we prepare a joint corporate resolution for both corporation we own?
We have two corporations and wish to transfer the assets and liabilities of Corp A to Corp B. Officers and shareholders are the same for both corporations. Can we prepare a joint corporate resolution (A&B) to accomplish this or what is the most economical and legally sufficient way to do this. We anticipate dissolving Corp. A. If resolution is suggested, proposed form or language would be appreciated. Both corporations are family owned.
What happens to the debt owed by my company once we close our doors?
My pet store sells pet food and pet related prdoducts. Business is very bad and we want to close the store. We owe about $100,000 to vendors and about $4000 to gas and electric. We are a corporation. If we close our store what could they do to us?
Is a 501(c) organization allowed to sell property and finance the loan and charge interest?
Is a 501(c) organization allowed to sell property and finance the loan and charge interest? The money from the sell of the property would be put back into the work of the ministry.
How do I restate my business?
How do I restate my business? I have an existing company since 1973(it's incorporated)in the state of Maryland. I am trying to get my VA contracting license in Virginia. I have taken all the necessary test and filled out the necessary forms. However after doing so they told me the articles of incorporation is not clear enough for them to read and that I have to restate my corporation so the the article of incorporation will be new and more legible.