STEVEN RODNEY JONES

STEVEN RODNEY JONES is currently employed as a Broker and/or Investment Adviser at LPL FINANCIAL LLC located at 405 Evans Street, Suite A, Morehead City, NC, 28557.

STEVEN RODNEY JONES has worked at LPL FINANCIAL LLC since October 31, 2016

Disclosure History

STEVEN RODNEY JONES has 1 Disclosure Event(s).

Date: February 11, 2010
Category: Financial
Type: Bankruptcy
Disposition: Discharged
Broker Comment: I WAS FORCED TO FILE BANKRUPTCY PERSONALLY BECAUSE OF PERSONAL GUARANTEES SIGNED FOR MILL CREEK HOMES, LLC. I WAS ONE OF 3 MEMBERS OF THE COMPANY AND WE WERE BUILDING 15+ CUSTOM HOMES WHEN BANKS BEGAN REVOKING CREDIT. OUR CUSTOMERS LOST THEIR FINANCING AND OUR CREDIT LINES WERE FROZEN WITH NO WARNING. WE WERE UNABLE TO COLLECT FROM CUSTOMERS OR DRAWS OWED TO US FROM THE BANK. THE BANKS HELD OUR CASH SO WE WERE UNABLE TO PAY OUR SUPPLIERS. THE SUPPLIERS CAME AFTER THE PERSONAL GUARANTORS RATHER THAN THE LLC. TO PROTECT MY FAMILY WE WERE FORCED TO FILE. WE DID NOT LOSE PERSONAL POSSESSIONS. WE KEPT OUR HOME, CARS, ETC. THE ONLY DEBT WE DID NOT KEEP WAS DEBT INCURRED BY THE LLC. THE LLC IS NOW SHUT DOWN. NO ACTION WAS EVER NEEDED FOR THE LLC BECAUSE IT HAD NO ASSETS AND THE CREDITORS ONLY CAME AFTER THE MEMBERS. FOR THE LLC I WAS ONLY INVOLVED IN SALES AND CUSTOMER SERVICE. I WAS NOT IN CONTROL OF DAILY BUSINESS ACTIVITIES.

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