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  1. #1
    PhoneSeek.Info is offline Junior Member
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    Jun 2009
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    Can a creditor garnish my business bank account for my personal debt?

    What is the name of your state (only U.S. law)? SC

    LLC was formed in SC.

    Can a bank offset my business account from a CHARGED OFF debt related to an old personal account?
  2. #2
    ariastar is offline Member
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    May 2008
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    Not without a court order.
  3. #3
    ecmst12 is offline Senior Member
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    Feb 2006
    Location
    Philadelphia, PA
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    If they have a judgement, and you are the owner of the company, then the business and all its accounts are your assets, which are vulnerable to seizure to satisfy a judgement. I don't think it works the other way, I don't think your personal accounts could be attached for a business debt, but that's because the LLC is supposed to protect your personal assets. If the debt belongs to you personally, then the entire company constitutes an asset.

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