If an individual has a LLC. that is either a Delaware or Nevada LLC, and is sued as a guarantor on a different LLC can he lose the Delaware or Nevada LLC. i.e. the individual has a property that goes into default that he is a personal guarantor on but, owns another property that is not in default and either is a Delaware or Nevada LLC, can the bank take away up to the value of the debt that property? The individual is the sole stock owner in the LLC and both LLC's are under that individuals tax id number.