Business Law

Ask a business lLawyer. Get business law questions answered ASAP.

Ask a Lawyer,
Get an Answer ASAP!

I also have question about legal defense fund. my small business…

Customer Question
I also have question about...
I also have question about legal defense fund. my small business isbeing sued by a law firm in Illinois and I am in Florida. I have been in business for 33 years but I am unable to afford the high prices lawyers are asking (20,000 cash up front to even answer the allegation ) and I'm afraid I may may lose to default. I don't know if I will survive but I want to start a legal defense fund a
To help my company, but to continue to help all small businesses that can't afford to fight frivolous law suits. it may be too little to late to help me, but maybe others
Submitted: 4 years ago.Category: Business Law
Show More
Show Less
Ask Your Own Business Law Question
Answered in 1 hour by:
2/13/2014
Business Lawyer: Dimitry K., Esq., Attorney replied 4 years ago
Dimitry K., Esq.
Category: Business Law
Satisfied Customers: 41,221
Experience: Run my own successful business/contract law practice.
Verified
Thank you for your question. Please permit me to assist you with your concerns.

I understand your situation. What exactly is your question, how can I help you?
Ask Your Own Business Law Question
Customer reply replied 4 years ago
can a non-profit defense fund be used for my present situation and other small businesses
Business Lawyer: Dimitry K., Esq., Attorney replied 4 years ago

Hope,

 

Thank you for your follow-up.

 

You can potentially create a non-profit entity whose goal would be to collect funds for small business legal funds. However creating a non-profit is not a 2 week endeavor--you would need to follow explicit steps to set it up both with the state and the IRS (who ultimately grant or deny the non-profit status), and the process in the best of times can take 6 months. If you are seeking a quick solution, this wouldn't be it, and you would likely need an attorney to help you properly fill out the petition to the IRS s that the non-profit would not be denied on a technicality. Until the non-profit status is granted the entity cannot collect funds or provide them to you, so I am not sure if by 'present situation' you mean now. If you mean today, then no, this wouldn't help, but it might helps once the non-profit is formally approved.

 

Hope that helps clarify.

Ask Your Own Business Law Question
Was this answer helpful?
Ask Dimitry K., Esq. Your Own Question
Dimitry K., Esq.
Dimitry K., Esq.
Dimitry K., Esq., Attorney
Category: Business Law
Satisfied Customers: 41,221
41,221 Satisfied Customers
Experience: Run my own successful business/contract law practice.

Dimitry K., Esq. is online now

A new question is answered every 9 seconds

How JustAnswer works:

  • Ask an ExpertExperts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional AnswerVia email, text message, or notification as you wait on our site. Ask follow up questions if you need to.
  • 100% Satisfaction GuaranteeRate the answer you receive.

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

Mr. Kaplun clearly had an exceptional understanding of the issue and was able to explain it concisely. I would recommend JustAnswer to anyone. Great service that lives up to its promises!

Gary B.Edmond, OK

My Expert was fast and seemed to have the answer to my taser question at the tips of her fingers. Communication was excellent. I left feeling confident in her answer.

EricRedwood City, CA

I am very pleased with JustAnswer as a place to go for divorce or criminal law knowledge and insight.

MichaelWichita, KS

PaulMJD helped me with questions I had regarding an urgent legal matter. His answers were excellent.

Three H.Houston, TX

Anne was extremely helpful. Her information put me in the right direction for action that kept me legal, possible saving me a ton of money in the future. Thank you again, Anne!!

ElaineAtlanta, GA

It worked great. I had the facts and I presented them to my ex-landlord and she folded and returned my deposit. The 50 bucks I spent with you solved my problem.

TonyApopka, FL

Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help.

Mary C.Freshfield, Liverpool, UK

< Previous | Next >

Meet the Experts:

Infolawyer

Infolawyer

Attorney

1,851 satisfied customers

Experienced lawyer

Dimitry K., Esq.

Dimitry K., Esq.

Attorney

41,221 satisfied customers

Run my own successful business/contract law practice.

MShore Law

MShore Law

Attorney

1,233 satisfied customers

Drafted Negotiated and/or Reviewed Thousands of Commercial Agreements

RGMacEsq

RGMacEsq

Attorney

751 satisfied customers

Licensed Texas General Practice Attorney

Barrister

Barrister

Attorney

646 satisfied customers

17 years practicing attorney, JD, BA, MBA

Ely

Ely

Attorney

577 satisfied customers

Counselor at Law.

J.Hazelbaker

J.Hazelbaker

Attorney

393 satisfied customers

Experienced and trained in the area of business law.

< Previous | Next >

Related Business Law Questions
I am a small business owner and an employee quit (without any
I am a small business owner and an employee quit (without any notice) and now refuses to return her keys to the business until she picks up her check. Can she legally hang on to the keys?… read more
Legalinfomd
Legalinfomd
Partner
Juris Doctorate
160 satisfied customers
Me and my sister in law are starting a small business in
Hello me and my sister in law are starting a small business in oklahoma and we don't know where to start with the legal part. We are going to be selling cannabidiol oil. Do we need a sales tax permit … read more
Attorney Wendy
Attorney Wendy
Member
Juris Doctorate
939 satisfied customers
Small business service provider that contracts with local
Small business service provider that contracts with local business (client) and that party fails to pay for service's how can that company place a lien on clients business what are the legal steps?… read more
Asad Rahman
Asad Rahman
Attorney
J.D.
2,461 satisfied customers
Our company is a small business in California. We are
Our company is a small business in California. We are offering medical insurance to our employees. Currently we offer a PPO plan and a FSA plan to our employees, however, starting next month the compa… read more
WiseOwl58
WiseOwl58
JD Honors Graduate
4,157 satisfied customers
I'm working on starting a small business and I need advice
Hi, I'm working on starting a small business and I need advice on how to make it legal. … read more
Attorney Wendy
Attorney Wendy
Member
Juris Doctorate
939 satisfied customers
We own a small business with around 30 employees and we'd
We own a small business with around 30 employees and we'd like to facilitate them getting health insurance. Buying into a plan is completely out of the question due to the cost. However, in looking th… read more
Attorney Wendy
Attorney Wendy
Member
Juris Doctorate
939 satisfied customers
I closed a small business (sole Proprietor) that was losing
I closed a small business (sole Proprietor) that was losing a lot of money. I am paying off all the liabialities. CAn I write this off? If so how?… read more
MequonCPA
MequonCPA
CPA Firm Owner
Master's Degree
2,165 satisfied customers
I'd like information regarding a small business that I'd
Hi. I'd like information regarding a small business that I'd like to get started. Can you help me out please? … read more
WiseOwl58
WiseOwl58
JD Honors Graduate
4,157 satisfied customers
I am a small business owner operating for 30 years, it has
I am a small business owner operating for 30 years, it has been a struggle from the beginning to get manufacturers to sell to me, but I have made enough impact in the industry that the manufacturers n… read more
MDLaw
MDLaw
Attorney
Post-Doctoral Degree
358 satisfied customers
I have sold my small business, which is an S Corp. The
I have sold my small business, which is an S Corp. The contract was signed on Jan-02, 2018. What forms do I have to file with the State of California to finalize the sale? The new owner has maintained… read more
DamienJD
DamienJD
Attorney
Doctoral Degree
4,765 satisfied customers
I would like to start a small business. Am I allowed to list
I would like to start a small business. Am I allowed to list my home address as the company address since I do not have an office building to run out of?… read more
Ray
Ray
Lawyer
Doctoral Degree
32,944 satisfied customers
I am the owner of a small business. It is a yoga studio LLC.
Hi, I am the owner of a small business. It is a yoga studio LLC. I have a situation that may be harrasement from both sides. One involved party is a teacher and the other is a team member/ student. Th… read more
Attorney Wendy
Attorney Wendy
Member
Juris Doctorate
939 satisfied customers
I have a small business selling hand made items. If I am
I have a small business selling hand made items. If I am using the same scents that are available wholesale in my products as the other business is, is this a problem? I am being told that I have infr… read more
Infolawyer
Infolawyer
Attorney
Doctoral Degree
1,851 satisfied customers
I was the bookkeeper for a small business that is now
I was the bookkeeper for a small business that is now closed. I recently learned that an error was made regarding payment to a credit card provider for lease equipment. Payment to the provider continu… read more
Legal Eagle
Legal Eagle
Attorney
Doctoral Degree
12,040 satisfied customers
I own a small business and rent a suit in a building on a
i own a small business and rent a suit in a building on a corner lot. our land lord changed the address on the building to the other lot without letting any of us know. i now have several packages i n… read more
Legal Eagle
Legal Eagle
Attorney
Doctoral Degree
12,040 satisfied customers
I own a small business. There was an incident that 2
I own a small business. There was an incident that 2 employees were accidentally recorded by a go pro that was left on record, again accidentally. The 2 employees were unaware they were being recorded… read more
Andrew
Andrew
Attorney
Juris Doctorate
360 satisfied customers
A small business owner in Texas is getting evicted from the
A small business owner in Texas is getting evicted from the establishment in which her business is conducted due to not paying rent. She lives in another town and will no longer be conducting the busi… read more
Thomas Swartz
Thomas Swartz
Attorney
Juris Doctor
2,892 satisfied customers
If your small business is broken into and the police are
If your small business is broken into and the police are called, will they allow you to take your ledgers, payroll book business numbers and unpaid bills with you. … read more
LegalKnowledge
LegalKnowledge
Juris Doctor
30,162 satisfied customers

DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

Show MoreShow Less

Ask Your Question

x