FAQs
How long do you have to file a personal injury claim?
In California, with some exceptions, you generally have 2 years from the date of the injury to file a personal injury claim. When suing a Government entity you must file your claim within 6 Months of the injury.
How does an LLC or Corporation shield my personal assets when being sued?
In California LLCs and Corporations protect the owner or members personal assets by creating a separate legal entity from that of the owner. This means that if the business incurs debt or is sued, only the business assets are at risk, not the owner's personal property like their home or bank accounts; this is referred to as "limited liability" and essentially acts as a "wall" between the business and the owner, shielding personal assets from creditors. However, if the LLC or Corporation was improperly set up or formalities are not followed then the owner or members may be personally liable for the corporations debts this is called piercing the corporate veil. Proper formation of the LLC or Corporation as well as following formalities protects owners and members from having their personal assets at risk.