Would obtaining a new business license & start selling products be advisable for me?

[aimhighlow]

I have an LLC that has a large outstanding debt balance that I cannot pay. I also have personal debt so I am planning to file for Ch 7 personal bankruptcy. My LLC business has been inactive for months and the business license is about to expire. (I am in CA)

I am in need of income so I would like to get a new business license under myself and start selling products as a sole proprietorship before I file for BK.


q1) Since I am filing for BK in the next couple of months, would it be okay for me to obtain a new business license? Or do I have to wait until after I file?
q2) Can I keep my sole prop business and continue to sell products during and after my bk?
q3) And it doesn't matter if I also have an inactive LLC stuck with debt?


Thank you in advance!

[keepmine]

Go ahead and start earning a living,
Just be aware that assets of the business could be property of the bk estate so, you'll want to keep both inventory and A/R's below your states exemptions.
I'd also suggest you list all of the LLC's debt in your personal Chapter 7. Schedule anyone who could conceivably have a claim.

Run these questions by your attorney before you file.