Legal Question in Business Law in Delaware
i have applied for company formation as lawgroup in usa as inc. S type, and i want to conduct debt settlement process from india for being cost effective. I am not an advocate. can I do it legally? what are the things I need to take care of?
1 Answer from Attorneys
Unless you are an admitted attorney in the United States you cannot represent yourself to be an attorney or reasonably be confused as being an attorney as it could be considered as the unauthorized practice of law.
Naming your company "lawgroup" could possibly cause that confusion. In addition, some states regulate debt settlement and/or debt collection practices and you would need to be mindful of such requirements. Finally, a non-US resident cannot be a shareholder in an S corporation.
You should retain a startup attorney to review your business goals so that a proper and legal company can be formed. Feel free to contact my office at your earliest convenience via email or Skype.
Roman R. Fichman, Esq.
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Disclaimer: This post has been written for educational purposes only and was not meant to be legal advice and should not be construed as legal advice or be relied upon. The post may contain errors, inaccuracies and/or omissions. You should always consult an attorney admitted to practice in your jurisdiction for specific advice. This post may be deemed as Attorney Advertising.
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