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 Should The Porn Industry Get A Bailout?
I saw on the news that Larry Flynt is looking for a porn industry bailout.
After LMAO for about 5 minutes, I thought why not.
Porn is a BIG revenue maker and if they went under, think of ...


 I need to get a personal loan for my corporation, but I have bad credit, where do I get it funded?
...


 How do you feel about starbucks?
Explain!...


 Should there be a comma before "Inc" or "LLC" in the name of a company. Can any cite sources? Thanks.?
Several people in my office have differing opinions but I can't seem to find anything on the subject....


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i cant find it on any search site i have tried....


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is there a website or a telephone based service provider whom I can call or browse to find out basic details like the phone number of a particular in UK.

Will they be comprehensive ...


 Is outsourcing always the answer?
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 What are the most commonly asked question in an interview like supermarket and any superstores?
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 What the effect of big boss on viwers?
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 What does materiality mean ?
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 Where do you study?
what subjec of ...


 Who else hates Citibank?
I have a mortgage and 3 lines of credit with them and have never had worse customer service in my life. The loans were all sold to Citi from other lenders so I am kind of stuck. Has anyone else had ...


 Hooray for Yahoo?
It's about time someone put Microsoft in their place.
After stealing the Windows idea from Apple so many years ago, Bill Gates and company believed they would monopolize online access.
...


 What examples of intangible assets are there in the world?
...


 Form as many 3 letter words. most words wins ten points!?
Form as many 3 letter words. most words wins ten points!
how many THREE letters word can you form from EDDWOO...


 Do you hate Starbuck's?
I despise this corporate lous of a "coffeeshop". Their coffee is disgusting, they are spreading everywhere like a disease, their shops are all the same, and it is not a freidnly environment....


 How much control will i have by owning 51% shares of a business?
...


 Costco Membership (UK)?
do you have to have any special requirements to become a member at costco? i was thinking of going and joining at the weekend but i wanted to make sure i could first, does anybody know? the website ...



Faith
If we just incorporated this year is it still possible to file bankruptcy?
We've been in business doing great for 4 years and decided to incorporate in February this year. Our business took a drastic hit and we may end up having to go out of business. If we need to can we file bankruptcy or do you have to be incorporated for a certain length of time for that?
                     
 




♥*_*♥
Rating
WHATEVER YOU DO, DON'T FILE FOR BANKRUPSY!


twism
Rating
You can file BK at any time you wish Inc or not. But here is the thing, If you think that you are saved because of this Incorparation you are not.
You still will have to sell out all assets that you may have to cover the past bills and debts to creditors.
Laws changed last october 2005 to file BK so i would check on all of this as they changed them to make it harder to file and stop nonsense chapter charge offs.


Rich Z
Rating
No - any time is good if the news is bad. If you can't continue then just wrap up the paperwork and call it quits (you might need to notify whatever agency registered the incorporation or they will keep sending you tax bills).


love guru
yes u can. but for that u have to show that ur liabilities r more then ur assets


Ron Mexico
You can file bankruptcy whenever you want.


mussorandy
Rating
I'm assuming your talking about the corporation filing bankruptcy. A corporation is a legal separate person. You would first want to consider filing for chapter 13 reorganization. Go through your books with a fine tooth comb and develop a repayment schedule if you can. contact your debtors and explain your situation and most of them will probably work with you. Chapter 7 in your situation should be avoided if at all possible, heres the reason why.
The court may very well say you filed for articles of incorporation because you knew bankruptcy may be emminent in which case they will "Pierce the Corporate Vail" then your really screwed because now all your personal assets (ie house cars ect) are at risk. You really need to have the circumstances documented and your books in order. Especially important is the coprorate book which contains all meetings,resolutions,stockholders ledger,licenses, Articles of incorporation and by-laws. If this is not up to date you already lost because it is state statute.
The reorganization effort is the best and if you can accomplish this without filing for a Chapter13 thats the best method.
You can also dissolve it through corporate resolution sell everything and pay what you can, file dissolution papers with the State and let the chips fall where they may, but I guarantee you creditors will take you to court and go after your personal assets.
Just some things to discuss with your directors how ever many their are. Corporation law is the same for a one person corp or a multi-million shareholder corp. it doesn't matter.
Good luck to you

P.S. Start with a projected cash flow analysis


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