United States: Charging Order Limitations – You Can't Charge What They Don't Own - Ward and Smith, P.A.

United States: Charging Order Limitations – You Can't Charge What They Don't Own - Ward and Smith, P.A.

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As its name suggests, a charging order "charges" the LLC or LLP with the repayment of an unsatisfied judgment by requiring it to pay the judgment creditor the distributions it would otherwise pay the judgment debtor.

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