The attorney fees that can be awarded are only "reasonable attorney fees".

Any liability damages awarded can only go after company assets, not your personal assets.And your right, nothing will prevent anyone from suing you, whether you have an umbrella or an LLC but using them properly can limit your losses.

Therefore, and as others have already pointed out, it will likely cost more money to litigate this than it will cost for any damages awarded (emphasis on the word awarded).

If not, the process is the judge hears the case and awards possession appropriately... consistent with the NCGS.

He offered to take on the lawsuit for a small fee plus 25% of any monies awarded.

You award me the bid and have essentially bought me a man lift.

Tenant moved and left keys but it voided the monetary judgement they had and the judge made them file a new claim for the damages they had already been awarded. 

What if an award against you is larger than the amount of insurance coverage you have?  

you also know how hard it is to get the judge to award late fees.The answer is do better screening. if you need a late fee to make the rental pay you goofed in your due dillegance. 

Judges won't award you late fees owed but will award you past due rent.