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Old 09-18-2013, 07:38 PM
205mx 205mx is offline
LawnSite Bronze Member
 
Join Date: May 2011
Location: Nashville, TN
Posts: 1,737
Quote:
Originally Posted by alexschultz1 View Post
Um, yes it does, but to an extent. An LLC (limited liability company) won't protect you if you run someone over with your mower, but it will protect you if you underbid a $250,000 job and need to declare bankruptcy. I have no idea why people think that an LLC instantly protects your personal assets from legal situations that you are personally responsible for.
Right!
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