RESOURCES

Distressed Business

Registered Agent Service Options

  • March 12, 2025
  • Read Time: 1 minute
  • Distressed Business, Small Business

TrustBridge Legal provides professional and reliable registered agent services for Texas corporations, limited partnerships, and LLCs, as well as out-of-state entities doing business in Texas.  All clients must sign a standard agent services agreement, which details the terms of our relationship, and a credit card authorization form, to allow automatic billing for annually renewed service. Service tailored to your business We offer three registered agent packages, depending on the type of entity requiring service: $59 per year – Single-member LLCs, professional corporations and […]

CONTINUE READING

Is It Better to Be Your Company’s Registered Agent or Use a Service?

  • February 25, 2025
  • Read Time: 3 minutes
  • Distressed Business, Small Business

If you’re thinking about forming or already own an LLC or corporation, no matter what state you’re in, you’re required to have a registered agent.  Sometimes called a resident agent or statutory agent, business owners must name this entity on business formation documents filed with the state.  These agents act as the company’s point of contact with the state and for service of process, ensuring that you receive notices of lawsuits filed against the business or other legal documents in a timely manner. […]

CONTINUE READING

Texas Single-Member LLC Owners Gain More Protection

  • February 6, 2024
  • Read Time: 5 minutes
  • Asset Protection, Distressed Business, Small Business

On September 1, 2023, Senate Bill 2314 became law and changed the landscape of asset protection for small business owners across the state of Texas.  But this significant change in the law seems to have slipped under the radar.  Owners of single-member LLCs now enjoy the same protection from creditors that owners of multi-member LLCs have had for years.  Seems like cause for celebration, right?  Absolutely.  So why didn’t this announcement make the big splash it deserved? In large part because most business […]

CONTINUE READING

Alternatives to Bankruptcy for Distressed Businesses

  • August 26, 2022
  • Read Time: 6 minutes
  • Distressed Business

For many business owners, mention of the “B word” conjures up feelings of dread, frustration, and failure. Bankruptcy can be expensive, especially for small businesses, and despite the friendlier reorganization option that Subchapter V provides, the process itself can erode brand equity, stigmatize the company going forward, and damage relationships with vendors and customers. Although bankruptcy doesn’t have to mean the end of the road for your business, it’s safe to say that most of us would prefer to avoid it if possible. […]

CONTINUE READING
Categories
Logo