Hello. I opened a business with a Fictitious Name. I will like to know in case of a lawsuit can they go against my properties/ bank account. Is ot better to get an LLC? Thank you in advance.
Asked on 7/08/13, 11:57 am
1 Answer from Attorneys
David Slater
David P. Slater, Esq.
By using a fictitious business name you are personally responsible. If you want to limit your liability you can form a Corporation or LLC.
Answered on 7/08/13, 12:36 pm
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