Legal Question in Business Law in Texas
i have a restaurant under a L.L.C name. someone is suing my corporation, yet i have some
rental properties that are under my personal name. If i dont have money to pay the judgment, can they put a lein on my personal property?
Asked on 6/22/10, 6:38 pm
2 Answers from Attorneys
Kevin B. Murphy
Franchise Foundations, APC
Any attorney will say a review of all facts, documents, etc. is required. After that, a personal consultation is needed. If the judgment is against your LLC, your personal property should not be affected. Consult with an attorney in your area for specifics.
Kevin B. Murphy, B.S., M.B.A., J.D. - Mr. Franchise
Franchise Attorney
Answered on 6/23/10, 6:12 am
Related Questions & Answers
-
I entered into a partnership and signed a 2 non-compete agreement. My partner broke... Asked 6/21/10, 3:34 pm in United States Texas Business Law
-
I was written up by my manager for attendance while covered by the family emergency... Asked 6/21/10, 5:38 am in United States Texas Business Law
-
Can i be suit personally if someone is suiting my llc Asked 6/18/10, 5:25 pm in United States Texas Business Law
-
If I form an LLC in Texas do I have to put "LLC" after every incidence of... Asked 6/18/10, 10:09 am in United States Texas Business Law