How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask MShore Law Your Own Question
MShore Law
MShore Law, Attorney
Category: Business Law
Satisfied Customers: 25285
Experience:  Drafted Negotiated and/or Reviewed Thousands of Commercial Agreements
Type Your Business Law Question Here...
MShore Law is online now
A new question is answered every 9 seconds

I was a general partner in a LLC that owned real estate. The

Resolved Question:

I was a general partner in a LLC that owned real estate. The project didn't work out and the bank took over the property approximately nine years ago. There was no bankruptcy.
The local municipality has determined there are back property taxes owed (possibly going back 10-11 years). They are threatening to come to me personally. Can they do this?
Submitted: 5 years ago.
Category: Business Law
Expert:  MShore Law replied 5 years ago.
Thank you for the post, yes unfortunately they can. The municipality is not restricted as are ordinary creditors from pursuing owners for debts of the business.
MShore Law and 6 other Business Law Specialists are ready to help you
Customer: replied 5 years ago.
Statute of limitations?
Expert:  MShore Law replied 5 years ago.
There is no statute of limitations on collection of taxes.

Related Business Law Questions