can my medical dept cause my son to lose our home if we have jointly purchased it? Would a LLC be to our advantage?
Posted on : 16-10-2009 | By : Legal Information | In : Business Law, LLC
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I have a small Internet business that is under my name. For personal reasons I’m going to create an LLC. I’ve read a lot of information on where this LLC should be created including Texas, Nevada, Delaware, New York and a few other places. Can someone let me know for business reasons and tax reasons which of the states would be serve me in the LLC process. I want to be protected if I get sued and if I can save a few dollars in the process more the better.
I am self employed – own an LLC company, and a debt collector won’t negotiate payments and has threatened garnishment. I know they can’t garnish my wages, but can they put a freeze on any bank accounts with my name even associated with the business? I live in Texas