Your Texas business is forfeited and you are still running it. You are not alone but you may be taking on more personal risk than you realize. Here is exactly what operating while forfeited means, what you are exposed to, and the fastest way to fix it before something goes wrong.
Texas franchise tax forfeiture can remove your LLC or corporate liability protection, leaving owners personally responsible for business debts incurred after forfeiture. This guide explains when personal liability begins, who is at risk, and how to reinstate your Texas business quickly to reduce your exposure.
