The only protection is to not have any assets. That or bury cash in the garden. An attorney I know (my sister) once told me those who live in run down rented single wide trailer don't get sued. Actually her words were "Poor white trash don't get sued for a reason". That came out with me looking at suing a guy for crashing through my back wall and damaging my property. No insurance and hit and run, That and renters who bailed on me. Not worth filing a lawsuit. I know, not LLC related but I have different experience and perspectives.
And then there is the process to collect on a judgement awarded by a court.
Whats the point of getting your LLc if you are lease on with a company?? Jus asking
Discussion in 'Ask An Owner Operator' started by jpgale22, May 1, 2016.
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I want to see a family of seven get in a smart car BTW...
TruckerPissJug and cnsper Thank this. -
Watch some Legal Lee's videos on YouTube to see how to protect your personal assets when setting up a LLC.
jpgale22 Thanks this. -
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