Do you know where your corporate book is at? If you don’t, you should try to find [...]
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Sometimes what seems like a good idea, or seems “fair” when quickly looked at can have far reaching and unintended consequence. There is some proposed legislation in Texas under House Bill No. 274 that could have a substantial impact on your right to even have a trial. Let me explain [...] It is important to file your franchise tax returns, even if no tax is due. Most people form entities, such as corporations, in an attempt to protect themselves from personal liability for business debt. However, if the corporate privileges are forfeited for failure to file a franchise tax report, or failure to pay taxes [...] WHAT YOU SHOULD KNOW BEFORE YOU EXTEND CREDIT… AND HOW TO FIND OUT FOR FREE! Do you really want to extend credit to that new customer or business? An existing client wants you to bill them for the goods or services at the end of the month. Should you? Before extending credit, try finding out who [...] Many people have unclaimed property; from dormant bank accounts, to refunds from state agencies that have the wrong mailing address, to heirs of an estate that haven’t been located. Check to see if you have unclaimed property in the State of Texas at the link below. There is no charge to search. If you don’t [...] Sometimes doing nothing is the best thing to do. Our office has received several calls from people that have been sued for credit card or similar debt that they have not been able to pay due to financial difficulty. They don’t dispute that the money is owed. They just don’t have the money to pay it. [...] I just received a call from a woman in tears because a collection agency was threatening to have her thrown in jail for non-payment of a credit card debt. I told her to rest easy. First of all, we don’t have Debtor’s Prison in this country for the non-payment of a debt. Secondly, it is a [...] 1. LEARN MORE ABOUT THE BUSINESS: When you allow a business to pay for goods or services at a later date, you are extending credit. A bank will not extend credit to a person or a business without getting some basic information to see if they are “credit worthy”; or a good credit risk. If [...] |
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6606 FM 1488, Suite 148-363, Magnolia, Texas 77354
Phone: (281) 440-6416 or (936) 321-2583
E-mail: bradiex3@bradie-law.com
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