Has your company moved and forgotten to update its address with the State office where your corporation originally filed? If so, your company could be vulnerable to defaulting in a lawsuit without even being aware that the case exists.

Imagine waking up one morning to learn that your bank or factoring accounts have been frozen by a default money judgment entered in favor of a vendor whose goods were no good, or even by someone who claims that he slipped on un-shoveled snow on the sidewalk in front of your business.

Check for your State business records being up to date and if they’re not, have them corrected. It’s easy and could save you a lot of grief and money.