Business Law Hotline!

Get Answers to Frequently Asked Business Law Questions!

The MBPA & MFBA recognize that members may often have questions that could have legal implications. The Associations, in cooperation with Kerr, Russell and Weber, PLC, a preeminent business law firm representing, counseling and advising businesses since 1874, has established a toll free hotline to make general information available to members.

Here are some common example questions members have had:

• What is a corporation? What legal benefits does a corporation provide to its owners?
• How can I collect money owed to my business? What if the debtor files for bankruptcy?
• How long should business records be kept for taxation purposes?
• Why is estate planning important to business owners?
• Do I need to go to court to resolve a business dispute?
• What should I know before signing a lease agreement?
• What is a franchise?
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Many questions can be answered in five to ten minutes. If the inquiry requires more than a brief conversation, we suggest that the member retains an attorney for guidance.