LLC

This is a discussion on LLC within the Mortgages, Refinancing, Foreclosure forum, part of the Buying & Selling Property category; If we buy a house on an LLC will it protect us from past creditors, before forming the LLC from ...

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Old Jul 11th, 2008, 06:33 AM   #1
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If we buy a house on an LLC will it protect us from past creditors, before forming the LLC from forcing a sale of the house and throwing us out. I heard it is the way to protect you from collection agencies and court judgements.
It is not you who owns the house it is a corporation name on the house, not your name and old debts cannot touch the house
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