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Legal Forums Attorneys Bankruptcy Law
Re:bankruptcy for an LLC? (1 viewing) (1) Guest
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TOPIC: Re:bankruptcy for an LLC?
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Henkel (User)
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Re:bankruptcy for an LLC? 1 Year, 8 Months ago Karma: 0  
If the LLC has unsecured debt, then the LLC should be able to dissolve and fold. Once folded, the LLC shield should be able to protect the LLC member from creditors reaching in. I dont think the LLC or the member need to file bankruptcy unless the member has creditor issues outside the LLC.
 
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bankruptcy for an LLC?
Micky B 2010/08/30 20:24
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thread linkthread link Re:bankruptcy for an LLC?
Henkel 2010/09/01 20:38
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thread linkthread link Re:bankruptcy for an LLC?
charlz 2010/10/05 03:18
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