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posted Nov 23, 2024 5:30:52 AM

Spouse LLC will file for bankruptcy - should i file separately?

Normally the llc has its own set of protections against creditors going after personal property but I wonder if they try going after my spouse personal property In a lawsuit , they’d try to get my stuff/money etc. 

 

Would filing separately help get (more) protection? 
also, in any bankruptcy lawsuit style scenario, how many years of taxes do the courts ask for?

(In N.C.).

 

0 2 12090
2 Replies
Level 15
Nov 23, 2024 6:48:29 AM

Level 15
Nov 23, 2024 9:31:09 AM

you need to confer with a bankruptcy attorney familiar with taxes in your state who will look over your entire situation.