Thursday, August 18, 2011

LLC vs. personal liability on commercial lease: Can they take MY $$?

If I default on a commercial lease that is between my landlord and my LLC only, if I default on the lease, can the landlord come after my ets or only the corporations? That is, worst case scenario this happens. Can I simply fold my corporation and walk away without fear of losing my home, my car, my child's college fund?

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