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In California, assume the following situation. A zero net worth,
soon-to-be judgement debtor forms a Florida LLC while domiciled in
Florida. The manager member of the the multi-member LLC headed by
soon-to-be judgement debtor relocates to California with respective
Florida LLC articles of organization, and starts conducting business
and generates profits, and accumulates positive net worth.
With respect to a charging-lien, or other attachment/garnishment
mechanism, how vulnerable are the assets held by the LLC?
What likely actions are likely to be taken by an aggressive judgement
creditor, and what is the likely result?
Thanks-in-advance!
Lawyer-To-Be...Michelle
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