Results 1 to 6 of 6

Threaded View

  1. #4
    Join Date
    Feb 2005
    Posts
    116

    Default Re: Which State’s Law Applies to Smllc Charging Order - Nv or Pa

    Quote Quoting pg1067
    View Post
    I think what you're saying is that you have a judgment against an individual who lives in Pennsylvania. You didn't tell us in what court the judgment was entered, but I'll assume it was entered in a court in Pennsylvania. The judgment debtor owns a single-member Nevada LLC, and that LLC owns a car that the judgment debtor uses in Pennsylvania. You didn't say so, but I assume the car is registered in Pennsylvania.

    If my two assumptions above are correct, then there is no reason to believe any state's laws would apply other than those of Pennsylvania.
    Yes, pg1067, you have interpreted correctly.

    Barring a claim of fraudulent conveyance or involuntary bk, I’m not sure it would be worth pursuing. From what I’ve read, NV’s charging order protections for LLC members extends to those of single-member LLCs - assuming we’re dealing solely with the ownership of the vehicle and with no distributions being made from the LLC to it’s member. I’d like to think that there’d have to be some workaround to seize the car.

    1. Sponsored Links
       

Similar Threads

  1. Garnishment and Execution: Can You Seize Somebody's Car to Satisfy a Judgment
    By Make_My_Day in forum Civil Procedure
    Replies: 1
    Last Post: 11-13-2017, 04:03 PM
  2. Garnishment and Execution: When Can a Judgment Holder Get an Order to Seize Property
    By cris73 in forum Civil Procedure
    Replies: 2
    Last Post: 03-23-2017, 08:46 AM
  3. Collection and Enforcement: Collection of a Judgment Through an Order to Seize Property
    By boughtalemon in forum Civil Procedure
    Replies: 3
    Last Post: 07-20-2016, 12:21 PM
  4. Collection and Enforcement: Can Judgment Creditors Seize Jointly Owned Property
    By heartnc in forum Civil Procedure
    Replies: 2
    Last Post: 05-21-2015, 05:51 PM
  5. Exemptions: What Will the Judgment Creditor Take to Satisfy an Unpaid Judgment, Lien
    By Someone12 in forum Civil Procedure
    Replies: 9
    Last Post: 01-16-2013, 08:41 AM
 
 
Sponsored Links

Legal Help, Information and Resources