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March 2015

The Benefits of Forming as an LLC

Deciding which business entity your new company should be is a daunting task.  You will need to consider the tax implications, the state liability issues, and what ongoing responsibilities will have to be performed in order to keep the company in good standing.  Fortunately, for most the choice ends up being relatively simple: form as a limited liability company or more commonly known as an LLC. Forming as an LLC …Read More

Webinar: Resolving Delinquent Accounts

Thursday, April 16, 2015 from 3:00 to 3:30 p.m.Vann Attorneys Webinar: Resolving Delinquent Accounts Tips and ideas on improving accounts receivables in today’s market. Join us for a conversation to include real world ideas for collecting commercial accounts. Submit your questions in advance by email and social media:Email: webinar@vannattorneys.comTwitter: https://twitter.com/VannAttorneys and #NCBusinessLawFacebook: https://www.facebook.com/pages/Vann-Attorneys/102230089840384 Presenters: James R. Vann Attorney at Law Vann Attorneys Complimentary for Clients & Guests Webinar ID: 157-063-515

Supreme Court Will Determine Whether ECOA Applies to Guarantors

About eighteen months ago, we wrote in this space about the Equal Credit Opportunity Act (ECOA) and its application to requiring spousal guaranties as part of extending credit to customers. Recently, the U.S. Supreme Court agreed to hear a case to determine whether the ECOA applies at all to guarantors. Under the terms of the statute, the law applies only to “applicants” for credit. In administrative regulations, the agency responsible …Read More

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