Character and Fitness - Administrative Dissolution of an LLC Forum
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Anonymous posting is only appropriate when you are sharing sensitive information about bar exam prep. You may anonymously respond on topic to these threads. Unacceptable uses include: harassing another user, joking around, testing the feature, or other things that are more appropriate in the lounge.
Failure to follow these rules will get you outed, warned, or banned."
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Character and Fitness - Administrative Dissolution of an LLC
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.
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.
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Re: Character and Fitness - Administrative Dissolution of an LLC
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 wrote:Should I be concerned or am I over-thinking / over-worrying? I tend to do that.
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Re: Character and Fitness - Administrative Dissolution of an LLC
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.
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.
- ndbigdave
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Re: Character and Fitness - Administrative Dissolution of an LLC
Nothing to worry about here.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.
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.
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Re: Character and Fitness - Administrative Dissolution of an LLC
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.
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Re: Character and Fitness - Administrative Dissolution of an LLC
Disclose, repent, atone > take your lumps > get admitted
You'll be fine.
You'll be fine.
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Re: Character and Fitness - Administrative Dissolution of an LLC
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.
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Re: Character and Fitness - Administrative Dissolution of an LLC
Thanks all. I appreciate the insights and calm.