Business
How Condemnation Proceedings Can Impact Your Business’s Financial Health
When government entities or public utilities need private property for public projects, they can use eminent domain powers to acquire that property through condemnation proceedings. While property owners receive compensation, the financial impact on businesses can be far more complex than many realize. Understanding how condemnation affects your company’s financial health can help you navigate…
Read MoreCan You or Your Business File for Bankruptcy More Than Once?
You or your North Carolina company have fallen on financial hard times. It’s not the first time that you’ve been in a similar predicament. You’ve actually filed for bankruptcy before. You’re now facing a situation where you’re considering seeking debt relief once again. However, since you’ve filed before, you’re wondering, “Can you or your business…
Read MoreWhat To Know About the Corporate Transparency Act
Listen up, North Carolina business owners! The Corporate Transparency Act (CTA) went into effect on Jan. 1, 2024. And, since it applies to limited liability companies (LLCs), corporations, and businesses with other incorporation structures, it may also apply to you and your commercial enterprise. Now that this law has gone into effect, you may have…
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