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PDtax
PDtax, Certified Public Accountant (CPA)
Category: Tax
Satisfied Customers: 4666
Experience:  35 years tax experience, including four years at a Big 4 firm.
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If i get sued for a personal payday loan can the jidge

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If i get sued for a personal payday loan can the jidge garnish my business account if its an LLC under my EIN number

Hi from Just Answer. I'm PDtax, and can assist.

The answer is probably not. Your personal debts are your own, and your company is not liable for your debts, barring special circumstances.

Your creditor will generally need to get a judgment against your LLC to pursue a judgment against it. It is extremely unlikely that your company assets will be attacked by your creditor.

I had to hgedge that response because it is possible, but only in cases like fraud or using your business account to do your personal banking, and even then those transactions would have to be proven to a judge for a judgment to be sustained.

Thanks for asking at Just Answer. Positive feedback is appreciated. I'm PDtax.

Customer: replied 1 month ago.
Thank you so much ��

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PDtax

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