http://www.bankruptcy-help-resources.com/can-a-personal-bankruptcy-affect-my-llc/ Quick Answers to Bankruptcy Questions & Understand How Bankruptcy Laws Affect You Thu, 03 Dec 2009 17:06:21 +0000 hourly 1 http://wordpress.org/?v=3.1 http://www.bankruptcy-help-resources.com/can-a-personal-bankruptcy-affect-my-llc/#comment-1564 Lov4nzyx2 Thu, 24 Jul 2008 02:21:55 +0000 http://www.bankruptcy-help-resources.com/can-a-personal-bankruptcy-affect-my-llc/#comment-1564 I'm not a lawyer, but just recently entered into an LLC. As I understand it, especially since you are 100% owner of the LLC bankruptcy can definitely affect it, it's one of your assets. LLC's are created to prevent someone from suing YOU privately. (again, that's how I understand it from my atty) I’m not a lawyer, but just recently entered into an LLC. As I understand it, especially since you are 100% owner of the LLC bankruptcy can definitely affect it, it’s one of your assets. LLC’s are created to prevent someone from suing YOU privately. (again, that’s how I understand it from my atty)

]]> http://www.bankruptcy-help-resources.com/can-a-personal-bankruptcy-affect-my-llc/#comment-1563 dwnjhl Mon, 21 Jul 2008 18:48:27 +0000 http://www.bankruptcy-help-resources.com/can-a-personal-bankruptcy-affect-my-llc/#comment-1563 Yes, because your business is under your name/social security number... If you have your "incorporated" it is safe, and it would also be safe if you were personally sued. This would make your business it's own entity even though you would still be the sole owner. Check with Labor and Industries on how to go about this... Yes, because your business is under your name/social security number… If you have your “incorporated” it is safe, and it would also be safe if you were personally sued. This would make your business it’s own entity even though you would still be the sole owner. Check with Labor and Industries on how to go about this…

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