Chapter 13 Personal Bankruptcy and LLC Ins Agency

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PostPosted: Mon Jun 07, 2010 6:30 pm   Post subject: Chapter 13 Personal Bankruptcy and LLC Ins Agency  

My business partner and I formed an LLC insurance agency in 2008. We are both officers in the LLC. His is the appointed MGA with some companies and I am with others. My partner is planning on filing Chapter 13 personal bankruptcy on his personal taxes and debt. How will this affect our LLC? Will the creditors come after our LLC?
lil_cinder
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Joined: 07 Jun 2010
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