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Limited Liability protecting the corp. question.

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R

RicC

Guest
New York

It is general knowledg the owners of an incorporated business are protected somewhat from corporate liability..

Does the reverse hold true? Are the corporation assets protected from the owners debts.. Ex. Can a creditor attach or close a bank account or put a lean on property owned by the corporation from an owners personal debt? How about a Close Corporation, S Corp. or LLC.

Thanks..
 


E

Ex Is Nuts

Guest
They operate as seperate entities, unless you pledge them as collateral. Therefore, they should be untouchable...
 

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