Legal Question in Business Law in Illinois
Auto Reposession
A friend and I are looking to start an auto recovery business (aka repossession agency) We understand the need to start a legal business, however we need to know what other details need to be addressed such as obtaining a license, insurance, etc. Any advice or direction would be appreciated.
Asked on 5/08/09, 6:09 pm
1 Answer from Attorneys
Burton Padove
Indiana and Illinois Lawyer, Burton A. Padove
Re: Auto Reposession
You need to consult with an attorney and accountant and discuss what kind of business entity would be best for you. You also need to draft a business plan.
Answered on 5/08/09, 9:34 pm
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