[WSBARP] execution on LLC

[Craig Gourley]

Listmates.   Since I have never actually had to try to collect against an LLC owned by a debtor I am hoping that someone on the list can share their experience.  Debtor is the sole member of an LLC which holds real property.  My memory tells me that we need to seek a charging order against the LLC and we can get any proceeds being distributed from the LLC to the debtor.    The question is can we execute against the membership interest and take ownership of the LLC entity and thereby defacto ownership of the real estate?  Seems logical but also seems like I recall we cannot.   Insight??  Thanks!

Gourley Law Group
Snohomish Escrow
The Exchange Connection

1002 10th Street / PO Box 1091
Snohomish, WA 98291

360.568.5065
360.568.8092  fax
Craig at glgmail.com<mailto:Craig at glgmail.com>


Be Aware! Online banking fraud is on the rise. If you receive an email containing Wire transfer instructions call us immediately to verify the information prior to sending any funds!

CONFIDENTIALITY NOTICE: This electronic mail transmission may contain legally privileged, confidential information belonging to the sender. The information is intended only for the use of the individual or entity named above. If you are not the intended recipient, you are hereby notified that any disclosure, copying, distribution or taking any action based on the contents of this electronic mail is strictly prohibited. If you have received this electronic mail in error, please contact sender and delete all copies


-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://mailman.fsr.com/pipermail/wsbarp/attachments/20180821/1f57707d/attachment.html>