how soon to start new S corp?

[despritfreya]

Do they abandon before 341 and can they "un-abandon" if large sums of money come into the account?

Probably not before the 341 as that does not give the Trustee enough time to do his due diligence in investigating. But, once he does and if he agrees to the abandonment, once abandoned, always abandoned.

Des.

[frogger]

if you don't mind me asking, how much did you have to pay for a phone #?

There were a few other things that turned me into an asset case, and as des has stated, every case will be different.

Let me just state for the record that I'm still smiling........

[porkchopcash]

...I'm still smiling........

of course you are. I would be too if it was always 5:00 where I lived !!!

[porkchopcash]

Talked to my bk attorney today and he said he was comfortable with me incorporating the day after filing.
He did not think the trustee would have any problem with this as I did not own the company on the day of filing.