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Two of us own a LLC

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    Two of us own a LLC

    delete
    Last edited by moose568; 01-16-2008, 02:49 PM.

    #2
    You don't need to close the LLC in order to file a personal BK. But, if the LLC has creditors, you need to be careful about pocketing the funds...the creditors, if they decided to get aggressive, could pierce the corporate veil and go after you individually as a "trustee of assets" of the corporation. But, if you are filing BK, it won't really matter.

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      #3
      delete
      Last edited by moose568; 01-16-2008, 02:48 PM.

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