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Updated about 12 years ago, 11/24/2012

Douglas Frankow's profile image
Douglas Frankow's profile image
Douglas Frankow
  • from Pompano Beach, Florida
  • Member since Nov 22, 2012
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Douglas Frankow's profile image
Douglas Frankow's profile image
Douglas Frankow
  • from Pompano Beach, Florida
  • Member since Nov 22, 2012
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Douglas Frankow
  • Pompano Beach, FL
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How does a personal foreclosure effect an LLC that you own?

Douglas Frankow
  • Pompano Beach, FL
Posted

My question is, If your in business and own an LLC that is up and running and been holding it's own for about six years, but now find that a loan taken out personally but is now about to fall in default. How does it effect your LLC? Could your company be drawn into call on a foreclosure?

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