LLC dissolution

Winding Up Your LLC: A Step-by-Step Guide

by

How do I wind up my LLC? To officially wind up your business, you can either follow the steps below or use an online service provider to help you with the process. Liquidate assets. To be able to pay the creditors, the LLC must liquidate its assets. Notify creditors. File Articles of Dissolution. Pay creditors. … Read more

What Happens to Debt When You Close an LLC?

by

What happens to debt when you close an LLC? If you dissolve the LLC when there are known/present creditors, the members of the LLC will generally be liable for amounts distributed from the LLC to the owners. Read more on kkoslawyers.com It’s critical for business owners to comprehend the financial ramifications of terminating an LLC. … Read more

Closing an LLC in Delaware: How Much Does it Cost?

by

How much does it cost to close an LLC in Delaware? There is a $200 fee to file the certificate. Your filing usually will be processed in 2-3 weeks. Various forms of expedited service are available for additional fees. A basic certificate of cancellation form is available for download from the SOS website. Read more … Read more

Closing an LLC in Illinois: A Step-by-Step Guide

by

How do I close an LLC in Illinois? To dissolve/terminate your domestic LLC in Illinois, you must submit the completed form LLC-35-15, Statement of Termination in duplicate to the Illinois Secretary of State by mail or in person along with the filing fee. Read more on www.northwestregisteredagent.com There are a few procedures you must follow … Read more

Closing an LLC in California: Everything You Need to Know

by

How do I close an LLC in California? To formally close a California LLC, you must file a certificate of cancellation with the California Secretary of State. You may also need to file a certificate of dissolution. The dissolution process also includes sending a notice to your LLC’s creditors, winding up company business, and filing … Read more