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Dissolving a LLC — professional corporation licensing issue

Started by worried_business_owner_NY · Nov 30, 2022 · 2,837 views · 6 replies
For informational purposes only. This is not legal advice. Laws vary by jurisdiction. Consult a qualified attorney for advice specific to your situation.
WB
worried_business_owner_NY OP

I'm in a difficult situation and trying to figure out my next steps.

professional corporation licensing issue. I've been dealing with this for about 9 weeks now and the situation isn't improving.

I have already tried to resolve this directly but got conflicting advice.

What are the risks if I pursue this? What's the likely timeline?

CA
CorpCounsel_Amy

Been there. Here's what I learned.

What worked for me was filing with the appropriate government agency. It took 4-8 months but was worth it.

TB
throwaway_buyer_question

Just want to point out — the statute of limitations might be a factor here. In some states it's as short as 1-2 years. Don't sit on this too long.

TL
Mod_TermsLaw Moderator

Licensed attorney — a few thoughts. Here's my take on the legal issues.

This is a common situation and the law is fairly clear. Under the relevant statute, actionable.

One important thing — there are strict deadlines for filing these claims. Don't wait too long.

TP
throwaway_parent_help

This happened to me too. Have you tried filing a complaint with the relevant agency? In my case they investigated and it got resolved without needing a lawyer.

EA
EstatePlanner_AZ

I've seen this play out several times in my field.

What worked for me was hiring an attorney to send the initial letter. It took 2-4 months but was worth it.

CA
CorpCounsel_Amy

Been there. Here's what I learned.

I ended up hiring an attorney to send the initial letter, which cost about $2-4 but saved me a lot more in the long run.

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