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BusinessPurcSale

Top 10 Bookkeeping Mistakes Small Businesses Make

By Julianne Frank |

If you are a small business owner, one of the most challenging aspects of your entrepreneurial life is to ensure that your financial records are done correctly. In many cases, new business owners make serious bookkeeping errors due to a failure to understand actual accounting procedures and practices. These are the 10 most common… Read More »

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Should You Franchise Your Business

By Julianne Frank |

Congratulations! If you are considering franchising your business, it means that you have a successful blueprint for a financially profitable business. You may already have more than one location, or have considered expanding due to your success. As you continue to grow, you may have thoughts regarding the exciting possibility of franchising your business…. Read More »

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Choosing a Bankruptcy Attorney

By Julianne Frank |

You may feel that you need the financial relief from creditors and debt collectors and are now considering filing for either Chapter 7 or Chapter 13 bankruptcy. While this is an important and difficult decision to make, you still have another decision to make as well that will likely impact the results of your… Read More »

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Paying Employee Debt With a Chapter 11 Bankruptcy

By Julianne Frank |

Many employers now are feeling the stress and financial strain of the economy and the economic impact of COVID-19. As a result, many employers are making the decision to file for bankruptcy. As a result, when an employer makes the decision to file for Chapter 11 bankruptcy they may have several questions regarding payment… Read More »

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Bankruptcy and COVID-19

By Julianne Frank |

The COVID-19 pandemic has caused an economic disruption unlike any other in modern times. Many businesses found themselves needing to shutter their doors under the direction of the state or federal government, leaving both employers and employees without a source of income. In many cases, these employers furloughed or laid off their employees, and… Read More »

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What Information Do You Need To File Bankruptcy

By Julianne Frank |

Bankruptcy involves a great deal of paperwork in order to provide documentation regarding all of your finances to the court. You may feel flustered as you begin to consider the process of filing for bankruptcy. While you will have to disclose all of your assets, debts, and income to the federal bankruptcy court, you… Read More »

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Julianne Frank P.A. Confirms First Florida Subchapter V Case

By Julianne Frank |

On June 11, 2020, the law firm of Julianne Frank P.A. confirmed the first Subchapter V case in Region 21, which includes Florida, Georgia, Puerto Rico and the US Virgin Islands. Subchapter V is a new version of Chapter 11 that allows small businesses to restructure and reorganize in a more cost effective and… Read More »

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Means Test in Florida

By Julianne Frank |

Filing for bankruptcy provides many people with the financial fresh start they need following serious challenges with credit card bills or medical bills. Unfortunately, in some cases, those filing for bankruptcy were taking advantage of the ability to discharge debts. Therefore, in 2005, Congress passed legislation requiring those filing for bankruptcy to meet specific… Read More »

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Placing Rental Properties in an LLC

By Julianne Frank |

Many people consider how to best protect their assets. If you are considering purchasing rental properties or already have rental properties, you may be curious if creating a legal entity known as a Limited Liability Company (LLC) could insulate your assets and protect them. There are pros and cons to placing your rental property… Read More »

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Understanding the Benefits of a Revocable Living Trust

By Julianne Frank |

If you are considering your estate planning needs, there are more options available to you other than a Last Will and Testament (will). Visiting with an experienced estate planning and asset protection attorney can help ensure that your wealth is not only protected, but distributed according to your wishes after your death. Revocable Living… Read More »

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