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Old 12-27-2007, 08:22 PM   #1
alinford
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LLC Dissolving
Jurisdiction/Place:

I was a member of an LLC that never made any money, and has now been dissolved after about 16 months. There is one outstanding bill that is due. It was signed for by one of the other LLC members, but as an LLC member, not personally. The contract that was signed had a personal liability clause that was removed and initialed prior to signing.

The company that is owed the money is trying to pierce the corporate veil in order to come after LLC members (mainly me) for the money.

The plaintiff subpoenaed the bank for the LLC's bank account history. I also received a "request for documents" in which the plaintiff is "requesting" about 9 months of my personal bank statements. I would rather not provide my personal bank account info.

Question 1:
Should we declare bankruptcy for the LLC? (There are no assets of any kind.)

Question 2:
Since it is a "Request" (not a subpoena) for my personal bank info, am I compelled to provide it?

Question 3:
I am required to respond to the request documents. If I am not compelled to provide the bank account info, how should I respond?
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