Fired by lease dispatcher

Keep it open & use it if you get another truck. Just remember you can be held liable personally & sued if you're the driver. I'm the owner & driver of my truck but I still have an LLC.

 

Yes that's true. I see the misunderstanding. Should have been more specific. "...your personal assets, as the driver, will not...be protected". As for the business being protected (for as we know, any business can be sued) in most cases (I presume) the business remains solvent. Still able to make money, to feed the fam, in spite of the law suit. Especially if it's set up properly. With liability insurance. Actually it might be in the best interest of the plantiff for the business to remain solvent in order to get paid; or to get those payments.

After posting to this thread I've learned more about this whole LLC thing. Much also depends on the state the LLC was filed in. In some, if not most cases, what's starting to appear is that an O/O (as far as liabilities go) would be no better off with a "1 man" LLC than with a Sole Propriotorship and at least $1,000,000/$100,000 (1M liability/100K cargo insurance). LLCs with 2+ people are a different story.

 

Yes, a 1 man llc is basically a sole-proprietorship. Even the IRS doesn't recognize an LLC, so the business & owner are taxed as one (unless owner files to be taxed separate).

 

I'll ask again.

To the OP, what is a certified instructor/trainer?

Certified by who?