Registered: May 2012
07-08-12 11:52 PM
Quote from vincentvega:
These are options.
Why would it not be a solution specifically? This is a limited liability company. I guess that is my real question, is if an LLC will protect me in a disaster.
I'm now very confused by your questions. You're losing a lot of money in your trading account, owned by an entity. If the entity, which has assets in the brokerage account and maybe a checking account goes to zero, that's it. They can't go after your person assets. Why would you go through personal bankruptcy? If the LLC has no assets, the LLC does not have to file. There are just no assets there.