Legal Question in Credit and Debt Law in Texas

Professional Corporation protection

Does owning a business as a P.C. protect you from a personal judgement against me?


Asked on 2/02/09, 4:04 pm

1 Answer from Attorneys
TC Langford Langford Law Office

Re: Professional Corporation protection

Yes, BUT, it is important that you follow all corporate rules and regulations regarding conducting the business of the corporation. Often, people are lax, and a creditor is able to pierce that corporate veil. If you personally guarantee any debts of the corporation, you are liable personally for those debts.

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Answered on 2/07/09, 10:22 am


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