[WSBARP] execution on LLC
nestor at pplsweb.com
nestor at pplsweb.com
Tue Aug 21 16:07:35 PDT 2018
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
360.568.5065
360.568.8092 fax
Craig at glgmail.com <mailto:Craig at glgmail.com>
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