Legal Question in Credit and Debt Law in Virginia
judgment against our LLC
There has been a judgment put forth against our LLC and I wanted to know if any personal property can be taken from me ie: my vehicles regerstered under my personal name or any bank accounts in my personal name
Asked on 7/13/09, 12:25 pm
1 Answer from Attorneys
Michael Hendrickson
Law Office Michael E. Hendrickson
Re: judgment against our LLC
Yes, I believe that your personal property could be subject to attachment as a result of this judgment described and that your LLC would not insulate you
like a corporate entity would from this kind of possible exposure to liability.
Answered on 7/14/09, 10:51 am
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