Character and Fitness - Administrative Dissolution of an LLC

1snowflake
Posts: 10
Joined: Thu Jun 18, 2015 8:12 pm

Character and Fitness - Administrative Dissolution of an LLC

Postby 1snowflake » Mon Aug 28, 2017 4:20 pm

Almost ten years ago I formed an LLC. It never got off the ground.

It was administratively dissolved but I did subsequently dissolve it properly with a tax clearance and all.

Will this "administrative action" go against me on the C&F.

I know: disclose, disclose, disclose which I intend to do. Plus, I did correct the mistake.

Should I be concerned or am I over-thinking / over-worrying? I tend to do that.

Suprman37
Posts: 36
Joined: Mon Apr 10, 2017 1:10 pm

Re: Character and Fitness - Administrative Dissolution of an LLC

Postby Suprman37 » Mon Aug 28, 2017 9:12 pm

1snowflake wrote:Should I be concerned or am I over-thinking / over-worrying? I tend to do that.

And you're doing it again. Of the two C&F's I've done, there wouldn't even be a part to disclose this on.

1snowflake
Posts: 10
Joined: Thu Jun 18, 2015 8:12 pm

Re: Character and Fitness - Administrative Dissolution of an LLC

Postby 1snowflake » Mon Aug 28, 2017 9:54 pm

Thank you for responding. I am sure you are right.

What got me thinking about it is a question to disclose any administrative action taken against you. So, I am not sure if this even falls under such a question or not.

Yes. Overthinking. Again.

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ndbigdave
Posts: 189
Joined: Tue Nov 24, 2015 12:25 am

Re: Character and Fitness - Administrative Dissolution of an LLC

Postby ndbigdave » Mon Aug 28, 2017 11:00 pm

1snowflake wrote:Thank you for responding. I am sure you are right.

What got me thinking about it is a question to disclose any administrative action taken against you. So, I am not sure if this even falls under such a question or not.

Yes. Overthinking. Again.


Nothing to worry about here.

Breathe.

Definitely disclose it, can supplement showing the issue was resolved, can explain why it wasnt done sooner or prior to action. Unlikely to have to do anything beyond that.

1snowflake
Posts: 10
Joined: Thu Jun 18, 2015 8:12 pm

Re: Character and Fitness - Administrative Dissolution of an LLC

Postby 1snowflake » Tue Aug 29, 2017 9:03 am

Thank you.

InterAlia1961
Posts: 151
Joined: Tue Feb 28, 2017 3:32 pm

Re: Character and Fitness - Administrative Dissolution of an LLC

Postby InterAlia1961 » Tue Aug 29, 2017 10:25 am

If that's the worst thing you have to worry about, you're home-free. It's not like you got into a brawl with your teenage son in front of Pizza Hut and got a DO. Now, THAT takes some explaining.

thegrayman
Posts: 525
Joined: Thu May 06, 2010 5:56 pm

Re: Character and Fitness - Administrative Dissolution of an LLC

Postby thegrayman » Tue Aug 29, 2017 6:08 pm

Disclose, repent, atone > take your lumps > get admitted

You'll be fine.

SFSpartan
Posts: 439
Joined: Tue Apr 09, 2013 10:01 pm

Re: Character and Fitness - Administrative Dissolution of an LLC

Postby SFSpartan » Tue Aug 29, 2017 6:22 pm

Chill. Felons can get admitted to the Bar, and C&F really cares about money crimes and things that you don't disclose/lie about. Just disclose and you'll be fine.

1snowflake
Posts: 10
Joined: Thu Jun 18, 2015 8:12 pm

Re: Character and Fitness - Administrative Dissolution of an LLC

Postby 1snowflake » Wed Aug 30, 2017 10:11 am

Thanks all. I appreciate the insights and calm.




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