Legal Question in Credit and Debt Law in Michigan

I along with my brother and sister own a parcel of land given to us by our father, it is under an LLC, my question is, can I lose the land or jeapordize my partners due to medical bills turned over to collection agencies or if I'm taken to small claims court?


Asked on 8/18/10, 7:06 pm

1 Answer from Attorneys
Bartosz Kmiec Law Office of Bartosz A. Kmiec, PLLC

Generally, personal debts of an LLC member are not debts of the LLC. However, there may be limited circumstances in which an LLC member's personal creditor may be permitted to attack that members monetary distribution from the LLC because of a charging order. In order to better respond to your question I would need to know more details about your matter.

If you have any further questions on your matter you may contact me at (586) 354-3279.

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Answered on 8/24/10, 6:25 am


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