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Self-employed CH13
I agree with Steve
On Jun 19, 2012 5:40 PM, "Steven B. Lever" wrote:
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> Dba is no problem; no need to incorporate****
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> Steven B. Lever ****
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> *From:* cdcbaa@yahoogroups.com [mailto:cdcbaa@yahoogroups.com] *On Behalf
> Of *Larry Webb
> *Sent:* Tuesday, June 19, 2012 3:52 PM
> *To:* cdcbaa@yahoogroups.com
> *Subject:* [cdcbaa] Self-employed CH13****
>
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> I have a chapter 13 debtor who has a contracting business where he works
> for a large property management company and has very stable income. He
> occasionally uses sub- contractors, but otherwise has no employees. The
> business is a d.b.a.****
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> I am comfortable enough with the income stability to advocate a chapter 13
> plan. I have a CPA generated P&L etc. My question is; does the client
> need to have his contracting business set up as a corporation or LLC? My
> experience with the Ch7 trustees is that properly insured dba businesses
> are not a problem. Assuming the income issue is satisfied, will the ch13
> work with a self-employed dba? The filing will be in the ND and the
> trustee will probably be Rojas. We have time to set a corp up if necessary.
> ****
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> Best Regards****
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> Larry Webb****
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> Law Office of Larry Webb****
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> 484 Mobil Ste 43****
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> Camarillo, Ca 93010****
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> 805-987-1400****
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> Email Webblaw@Earthlink.net****
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> ****
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> ****
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> ****
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> ***
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I agree with Steve
On Jun 19, 2012 5:40 PM, "Steven B. Lever" <sblever@leverlaw.com> wrote:
The post was migrated from Yahoo.
I have a chapter 13 debtor who has a contracting business where he works for
a large property management company and has very stable income. He
occasionally uses sub- contractors, but otherwise has no employees. The
business is a d.b.a.
I am comfortable enough with the income stability to advocate a chapter 13
plan. I have a CPA generated P&L etc. My question is; does the client need
to have his contracting business set up as a corporation or LLC? My
experience with the Ch7 trustees is that properly insured dba businesses are
not a problem. Assuming the income issue is satisfied, will the ch13 work
with a self-employed dba? The filing will be in the ND and the trustee will
probably be Rojas. We have time to set a corp up if necessary.
Best Regards
Larry Webb
Law Office of Larry Webb
484 Mobil Ste 43
Camarillo, Ca 93010
805-987-1400
Email Webblaw@Earthlink.net
The post was migrated from Yahoo.