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.).
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@Gmo1 wrote:
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....
Which state is involved here?
In Florida, for example, single-member LLCs are afforded almost no protection from personal liability.
you need to confer with a bankruptcy attorney familiar with taxes in your state who will look over your entire situation.
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