You have to either register your present Arkansas LLC as a foreign corporation or have to form a new LLC in Texas to do business there.
Thu, 03/22/2012 - 13:31
I live in Arkansas and planning to work as an independent contractor in Texas. But I have not yet formed an LLC. If my work goes well, I may end up living in Texas for most of the time then. I feel it’s advantageous to form an LLC in Texas since Texas has no state income tax.
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The debt settlement program typically lasts between 6 months to 4 years time.
At least 30% of the debt amount per creditor needs to be accumulated in the trust account for OVLG to give the creditor any settlement offer.
Not all creditors or debt collectors will accept a reduction in the balance, interest rate, or fees a customer owes such creditor or debt collector.
Pending completion of the represented debt-relief services, the customer's creditors or debt collectors may pursue collection efforts, including initiation of lawsuits.
That the use of the debt-relief service will likely adversely affect the consumer's creditworthiness, may result in consumers being sued by their creditors, and may increase the amount owed to creditors as a result of the accrual of additional fees and interest.
Savings a customer realizes from use of a debt-relief service may be taxable income.
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