We are in the final phases of selling my father-in-law's business - well, at least his inventory, customer list and business name.

Or so we thought...

We received a low but acceptable bid for said items and all was going smoothly...until The Lawyers got involved.

Seems that due to being DEAD and all, John never filed his Annual Report with the state along with the annual $100 filing fee. That means the corporation is not "in good standing" and the buyer won't sign on the dotted line until it is. So...I've spent all morning tracking down accountants, forms, and most annoying of all was constantly getting a busy signal when calling the Secretary of State's office in Springfield, IL>

I might be able to get this filing wrapped up by the end of the week but then its hold-our-breath time to see how long it takes the state to process everything and change the corporate status.

I hope we can get it wrapped up pronto as we want to be out of the rented warehouse space by the end of the month so we can turn the space over to the landlord and not have to pay rent for it anymore.