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  1. #1
    Join Date
    Nov 2008

    Default LLC's and Judgements

    My question involves business law in the state of: Michigan

    If a company is a LLC in the state of Michigan can a lending institution put a judgement on any of the members of the LLC for a company loan?

  2. #2

    Default Re: LLC's and Judgemens

    If they personally guaranteed the loan, the answer is yes. Most lending companies would require a personal guarantee.

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