Acknowledge Litigation And Bankruptcy

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Should I disclose litigation or bankruptcy in the UFOC?

Acknowledge Litigation And Bankruptcy

You are required to disclose any litigation in the Uniform Franchise Offering Circular (UFOC). You must also disclose if any person described in the UFOC has been involved as a debtor in proceedings under the U.S. Bankruptcy Code. If there is no litigation or bankruptcy to disclose, you will state that accordingly. These are not items that can be left blank.

   

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