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Law Office of Alexander Schachtel

Business Dissolution

Counsel and assistance when dissolving your business

Business Dissolution Attorney

Dissolve a Business in New Jersey and New York

Whatever the reason for dissolving your business, our business dissolution attorneys at the Law Office of Alexander Schachtel can help. We know the necessary steps to take in order to close your business in the least painful way possible. For tax purposes, it is essential to follow the proper dissolution procedures to avoid future litigation. Whether your business is a type of corporation, partnership or a sole proprietorship, a business dissolution attorney can assist you.

Consequences of an Improper Business Dissolution

Each state has its own laws related to dissolution, which may vary depending on the type of business structure involved. For example, specific business types may be required to file documents with the Secretary of State. A business no longer has a legal right to exist in the state once it has been dissolved. If done improperly, there may be consequences such as:
  • Accumulation of debt
  • Adverse tax problems
  • Future costly litigation
  • Loss of assets
  • Loss of income or equity

At the Law Office of Alexander Schachtel, we do everything in our power to minimize any losses that may occur as a result of dissolution.

Reasons for Business Dissolution
There are countless reasons why a business may dissolve. For instance, a partner may want to sell their business interest to the other partner or partners. Or perhaps, the business owners may be retiring. Sometimes, partnership disputes just cannot be resolved. Maybe, none of the partners or corporate officers want it to continue because the company is losing money. Whatever the cause, there are legal obstacles that must be navigated in order to dissolve a business properly.

Business Dissolution Attorneys

Can Help You With

  • Valuing the liabilities and assets of the business.
  • Evaluation of all legal documents relevant to the business structure and daily operations to ensure all agreed upon terms are implemented, and the dissolution complies with the original business intent. For example, if a partnership agreement outlines the way in which a business partnership is to be dissolved, we make sure the terms of the agreement are met.
  • Assist the parties in coming up with an amicable agreement if a dispute arises during dissolution.
  • Working towards an equitable and fair division of business liabilities and assets.
  • Making sure all parties are protected from future business litigation that could arise from improper dissolution procedures, or from failing to sustain insurance coverage for future liabilities that occur during the time the business was up and running.
  • Filing any necessary sales reports.
  • Review business contracts with other entities to be sure there are no contract terms that may be breached.
  • Providing all required documentation and notification to both state and local agencies.
  • Settling tax obligations and issues.
  • Assisting with any commercial collections.
  • Making sure proper termination procedures for employees are followed.
  • Minimizing disruption of client or customer relationships if a new business venture is planned.

Areas We Serve

At the Law Office of Alexander Schachtel, we serve people throughout New Jersey and New York in a variety of legal matters. Our team consists of civil & commercial litigation attorneys and personal injury lawyers that can assist you with your legal issues anywhere in New Jersey and New York.

Let our experienced and dedicated legal advocates work for you. Get in touch with us today to discover how the attorneys at the Law Office of Alexander Schachtel can help you.

  • New York City
  • Jersey City
  • Newark
  • Hoboken
  • Hudson County
  • Bergen County
  • Essex County
  • Passaic County
  • Union County
  • North Bergen
  • Bayonne
  • Weehawken
  • Union City
  • Guttenburg
  • Secaucus
  • West New York
  • Elizabeth
  • Newport

What Our Clients Say...
Alexander is a wonderful attorney who goes above and beyond for me. His availability and willingness to communicate is truly impressive, he will see me on short notice and answer my calls at all hours of the day. He gives his time very generously and does not nickel and dime me for phone calls, emails and even in person meetings which many other attorneys will do. He listens patiently and proactively to my issues and he advocates aggressively for me in front of the court and the judges. I am confident that he has my best interests at heart at all times. In a world of many slick, fast-billing attorneys Alexander stands out for his integrity and real character. I would and have recommended him to friends, family and colleagues in need of legal counsel. He is an attorney with heart!
Review from Google
"Mr. Schachtel is an amazing lawyer and ensured a strong council in my defense during all of my court appearances. He explored every possible option when it came to winning all of my cases. I am thankful for having him represent me in 4 different municipalities throughout the state of New Jersey. He also has a great sense of humor. I strongly recommend him to anyone looking to get themselves out of any situation they are going through!"
Review from Google
"Xander is hands-down the best attorney I've interacted with. He's thorough, always available, and aggressive. He's the guy you hope to be sitting next to -- and not across from. I've used him for numerous matters, including general litigation and real estate. I'd recommend him in a heartbeat to anyone in need of an attorney who will treat their matters with care."
Review from Google
"Really great lawyer!!! Alexander was a tremendous advocate for me in my lawsuit. I am so lucky I found him because he saved me a ton of money and delivered much better work than my prior counsel. On top of that he was really there for me and listened when I needed him. I would recommend him to anyone in need of a really capable lawyer for civil lawsuit."
Review from Google
"AMAZING! I started an E-Commerce store & knew I needed an attorney to help me prepare the necessary paperwork. Alexander Schachtel gave me the guidance I needed. He helped me form an LLC & prepare contracts & most importantly, was very patient with me. I met with other attorneys before choosing him & decided to go with him because I felt that he really cared about my business. I will go to Alexander again with any future endeavors."
Review from Google
"Alexander is a great lawyer who will fight to resolve your business disputes and is extremely knowledgeable in contract law! He helped me recover thousands of dollars in a dispute from a contractor who stiffed me for work I paid upfront and couldn't be happier with the outcome. Highly recommended contacting Alexander for any legal issues that require swift and productive results."
Review from Google
"Alexander was very knowledgeable, always available, and I could tell that he really cared about my case. He helped me resolve a contract dispute and a separate personal injury claim. I was really happy with the outcomes that Alexander achieved for me and I will be using him as my lawyer for all legal issues in the future!"
Review from Google
"I would like to recommend Alexander to anyone going through a difficult lawsuit. This was the first time I’ve ever been involved in dealing with anything like this. It was very scary and nerve racking. Alexander calmed my nerves and coached me through the entire lawsuit process. If you are looking for someone that will put you first and always have your back. Please use this gentleman."
Review from Google
"Alexander was very knowledgeable, always available, and I could tell that he really cared about my case. He helped me resolve a contract dispute and a separate personal injury claim. I was really happy with the outcomes that Alexander achieved for me and I will be using him as my lawyer for all legal issues in the future!"
Review from Google
"Alexander is an incredibly effective attorney. I was pleased with how responsive he was to my needs, responding to my emails and answering all of my questions. He was very professional, and we felt that he had our best interests at heart."
Review from Google
"We are so pleased with the results achieved by Alexander Schachtel represented us in several serious business corporate matters. We highly recommend him, he is intelligent, thorough and achieves remarkable results."
Review from Google
"Alexander provided quick response and excellent documentation that was straight to the point without need for editing. He understood the facts immediately saving countless hours of explanation and instructions."
Review from Google
"Amazing attorney - he was able to successfully present my interests and make the argument in court resulting in a win! He did exemplary work, meticulous research, and ensured that I was informed on the legal issues that would come up in court."
Review from Google
"Alexander is passionate about his clients and makes sure to address their concerns with all available weapons in his legal arsenal. I've never witnessed a stronger work ethic."
Review from Google
"Xander is a very competent, aggressive and strategic litigator. He is an invaluable legal counselor to many of our businesses."
Review from Google

Do You Need to Dissolve Your Business?

Get in Touch with a Business Dissolution Attorney

Whether you’re a business owner looking to sell, or in search of a business to buy. At the Law Office of Alexander Schachtel, our purchase and sales attorneys will handle your due diligence and draft your Purchase Agreement. We can help with acquisitions and mergers, as well. Call (201) 295-0660 for a Free Consultation with a Business Purchase and Sale Attorney.

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