Posted by Jeff M on April 10, 2002 at 10:14:13:
Now I am COMPLETELY lost (not the first time! :)). If the LP owns the property, are you saying that the judgement creditor could take posession of that property since it is an asset of the LP??? If so, then I am at a loss as to what protection the LP gives me.
It was my, apparently mistaken, understanding that the judgement creditor could only get a “charging order” against the LP or the GP.
What am I missing? Thanks.