Author Archives: Jay Butchko
Government Report On Medical Debt Creates A Bleak Picture
The government, through the consumer financial protection Bureau (CFPB), has released a report, demonstrating the difficulties and complexities of medical debt, and how damaging it can be to consumers. Medical debt presents a number of problems and obstacles that consumers normally don’t encounter with traditional credit card debt. According to the CFPB, here is… Read More »
Doing Asset Protection Before Creditors Come Calling
When it comes to asset protection, many of us wait until it’s too late to start making the plans we need to make. What are the benefits of starting asset protection strategies before there are creditors pursuing you? What is Asset Protection and is it Legal? Asset protection is the process of moving or… Read More »
Filing Annual Corporate Reports
Let’s say that you have gone through all the corporate formalities needed, and gotten all the documents filed with the state that you need to be filed. You are now done, and as far as the state is concerned, your duties to file anything have been fulfilled. Or have they? Actually, no matter how… Read More »
Legal Considerations When Selling A Business
If you’re selling your business, there’s a good chance it’s because it was successful, and you are looking to step back (or, start another business venture). Either way, selling your business should be a positive experience for you, and it can be by following some simply legal guidance. Basic Legal Considerations Just because your… Read More »
What To Consider In Business Purchases And Sales
Are you considering the purchase or sale of a business in the West Palm Beach area? It is essential to work with an experienced West Palm Beach business law attorney from the start, whether you are planning to offer your business for sale or you are beginning to look at other businesses in the… Read More »
Corporate And Limited Liability Company Annual Updates: 5 Things To Know
If you have a business in South Florida that is structured as a limited liability company (LLC) or a corporation, you may be required to file and publish an annual report under Florida law and, in some cases, under federal law. Annual reports provide details about your business, and annual reports required by Florida… Read More »
Understanding Chapter 11 Bankruptcy
If your business is struggling to repay debts but you do not want to close your business or liquidate its assets, Chapter 11 bankruptcy could be a beneficial option for your company. Chapter 11 bankruptcy is a type of bankruptcy that is available to businesses and individuals alike, although it is most commonly filed… Read More »
Myths And Facts About Statutory Compliance For Corporations And Limited Liability Companies
When you have incorporated a new business or you have formed a limited liability company (LLC) in West Palm Beach, it can be complicated to know with certainty what your business compliance requirements include and what steps you must take in both the short-term and the long-term in order to ensure that your company… Read More »
Asset Protection Is Actually Wise When Not Being Pursued By Creditors
Whether you have assets as a consumer or a business owner, it is important to consider asset protection before you are in a situation where creditors are pursuing you. Indeed, advance asset protection planning can be extremely beneficial to individuals and businesses alike in the event that you begin struggling to repay debts and… Read More »
What Are The Different Types Of Bankruptcy My Business Can Consider?
If you currently own a business and you are considering bankruptcy, what types of bankruptcy are available to you? The answer to that question will depend in part upon the structure of your business, and the goals you have in filing for bankruptcy. Generally speaking, businesses are eligible for Chapter 7 and Chapter 11… Read More »
