https://heavenarticle.com/auth....or/bettybotany77-303
Insolvency. The company cannot afford to pay its bills. The type of company you have set up will affect what is situated this situation -- you most likely are liable whatsoever the debt yourself, or perhaps none. In addition to filing the articles, you will also pay a fee towards the state the place you're forming your LLC. These fees are unavoidable if LLC incorporation you wish to incorporate. Fees are set by each state individually, and coming from under $100 to a couple of hundred. Some states charge extra for expedited filing
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