Posted by Rich-CA on March 17, 2008 at 12:47:18:
on what state you are in and what kind of foreclosure process they use.
Foreclosure but protecting assets - Posted by MJM
Posted by MJM on March 12, 2008 at 18:09:03:
I have all my cash along with my free and clear home in an LLC and my free and clear rentals in a 2nd LLC.
I have a 3rd LLC with all my mortgaged properties (signed personally).
If my mortgaged properties are foreclosed on, can the banks go after assets in my other LLC’s? … all the LLC’s are single member LLC’s.
Re: Foreclosure but protecting assets - Posted by jodi
Posted by jodi on March 14, 2008 at 12:07:42:
If I forclose on investment property, can lender come after primary house. Primary house has same lender and has some equity.
thank you!