Hey guys, hope all is as well to be expected.
Have a quick question. I have an LLC that isn't doing very well, maybe 40k in assets and probably 250k in debt. There is no bank debt, all services rendered. Now, I am sole owner of said LLC.
Is it possible to file bankruptcy on the LLC and not myself personally? Or will it automatically reach my personal credit report because I am the LLC owner.
Any advice would be great. Thanks.
TR
Have a quick question. I have an LLC that isn't doing very well, maybe 40k in assets and probably 250k in debt. There is no bank debt, all services rendered. Now, I am sole owner of said LLC.
Is it possible to file bankruptcy on the LLC and not myself personally? Or will it automatically reach my personal credit report because I am the LLC owner.
Any advice would be great. Thanks.
TR
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