[WSBARP] execution on LLC

[nestor at pplsweb.com]

See  25.15.256 

 

 

Nestor Gorfinkel, Attorney at Law

Licensed in Washington & Florida

Florida Civil-Law (International) Notary

 

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From: wsbarp-bounces at lists.wsbarppt.com <wsbarp-bounces at lists.wsbarppt.com>
On Behalf Of Craig Gourley
Sent: Tuesday, August 21, 2018 3:41 PM
To: wsbarp at lists.wsbarppt.com
Subject: [WSBARP] execution on LLC

 

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

 

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Craig at glgmail.com <mailto:Craig at glgmail.com> 

 

 

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