I have both my personal account and my LLC business account with the same bank, the personal creditor won a judgment and sent the bank an order and seized the money I had in my personal account but not my LLC account. Is this creditor totally barred from taking money from my LLC bank account? And is my LLC account safe from them in the future?
Lawsuit / Dispute Attorney
If the judgment is not in the name of the LLC, the bank should not release the funds that are in the LLC's name. However, I have seen banks and other institutions do surprising things over the years, such as searching their records and releasing funds, for persons who are listed as authorized signers on an account or for debts that are not under the same SSN as the bank customer, but the name appeared to be the same. No one can say that funds are "safe" in a bank, when there are outstanding collection judgments in your name. Also, what if the judgment creditor learns that you own an LLC and amends the judgment to name the LLC or sues the LLC as a co-debtor? Then the bank would be required to turn the LLC's funds to help pay the judgment.
Robert Stempler (please see DISCLAIMER below)
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I assume from your question that the judgment is against you personally and not against the LLC. LLC's are considered to be a separate entity from its members. Consequently, your judgment creditors cannot seize assets of the LLC. However, your interest in the LLC may be subject to attachment.
You should also be aware that if you start to use the LLC bank accounts to shelter your personal money from your personal creditors, you run the risk of eroding the separate identity of the LLC. In that case, your creditor can make a post-judgment motion to deem the LLC an alter ego of you and go after the LLC's assets.