6/01/10, 4:14 pm

Legal Question

I am a customer and my vendor who is an LLC owes me $7,500.00 from 6 months ago. I sent the account to a collection agency and they are telling me they can not make contact with them and the phone numbers have been disconnected. It is possible they have closed the business due to the miserable economy. Is it still possible to collect from an LLC if they have closed?

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Yes. The LLC may have assets and income or the ability to generate income from assets, including Accts Receivable, loans...

Answered By:

David Anderson

You may also be able to pursue the members of the LLC personally. Lance Davidson, www.CleverLegal.com or call 480-860-9...

Answered By:

Lance Davidson

An attorney will tell you, in very limited cases, you can pursue the members of an LLC personally. This is generally a l...

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Kevin B. Murphy

There are still options open to you. We can probably locate the principals of the LLC or the stat agent, if any, for se...

Answered By:

Donald W. Hudspeth

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