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Suzy formed an LLC. Suzy's business did not do well and it was soon deep in debt. Suzy gave a loan to her business and
Suzy formed an LLC. Suzy's business did not do well and it was soon deep in debt. Suzy gave a loan to her business and finally got things going well. Suzy paid herself overtime paying back the loan. Once it was paid, Suzy's LLC was sued by a creditor. The creditor got a judgment and sought to attach Suzy's personal assets because her LLC had paid back to Suzy her personal loan to the business before paying off all the LLC's other debts. DECIDE.
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