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Is the bankruptcy a joint bankruptcy - you and your wife or individual?
No, it is only me.
OK. Are you married?
No, I am not
The problem is - that you techically suppose to report any income to the Trustee.
That by formalizing an LLC - you are specifically stating that you are starting an LLC.
So, I wouldn't form an LLC until the ch 13 was over.
I would keep the business "under wraps" and keep it a sole proprietorship until later. I would make sure that I had liability insurance for whatever endeavor I was going into. But I wouldn't form the LLC till after the bankruptcy was discharged.
That was going to be my next question on how should I set it up. Ok, I feel a lot better now.
If I have other question I saw something with unlimited questions. How do get back to that?
I would keep it a sole proprietorship - a DBA company. I wouldn't do any formalization until after the Chapter 13 was over.
Thank you for your help.
I think you get back to that if you go back and start another question - it will take you to how to sign up for a subscription program OR you can contact JustAnswer customer service and they can walk you through that program.
You're welcome. Keep this new business venture low key until later.
ok, thank you Fred. Have a great week.
You too - have a great week!!!
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