Protect Yourself – Get Help When You Need It
Protect Yourself – Get Help When You Need It
If you haven’t maintained your corporate formalities for some time, you’re not alone. Some small business owners have avoided submitting their corporate records to the state for a fair amount of time – even several years that can prove to be extremely dangerous if someone sues your corporation. You could even be named as a judgment debtor after a judgment has already been entered against your corporation.
Inability to maintain your corporate records is one of the main indicators that the plaintiff’s attorneys could use to have your corporation invalidated by the court. Once that happens, the corporate veil is pierced and your personal assets – everything you’ve worked so hard for become vulnerable your plans for the future could be drastically changed only taking one lawsuit to take it all the way.
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When you have legal business questions, Attorney Omar Zambrano is here to help!
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