Once a business owner decides to go out of business, they may not be enthusiastic about taking the time to wrap things up properly. But filing paperwork with the state and notifying creditors are ...

The owners of a limited liability company -- called members -- have the option of voluntarily dissolving the LLC at any time after it is formed. Dissolution generally occurs when the business purpose ...

The limited liability company, a legal business structure under state laws, offers favorable features of both the corporation and partnership structures. Dissolution, which often is voluntary, is the ...