driven into bankruptcy
Brett
Hell, just move to Texas or Florida where you can shovel as many bucks
as you have into a personal residence be it a humble $50k or $500k or
more. Do is soon 'cus the congresscritters are thinking of eliminating
this massive loophole at the urgings of very generous bankers.
thb45
gr...@promisecreepers.org (Grady Ward) wrote:
>
>Keith,
>
>You might want to delcare ch. 13 bankruptcy *before* your second part of trial
>so that your current creditors get their due before scientology, if
>scientology prevails. Also it is legal to do some bankruptcy pre-planning
>such as tranferrring non-exempt to exempt assets. Remember Ch.13
>does not force you to give up credit cards or in fact change any aspect
>of your lifestyle.
>
>For example, making sure the equity in your home does not exceed $50,000
>and using the excess for appliances, furnishing, car repair, musical
>instruments, etc. that can never be taken by the cult.
>
>Obviously it is an honor to be driven into bankruptcy by the criminal cult of
>scientology. It shows the world that they considered you important enough
>to *try* to damage you this way.
>
>
>The big thing to remember about delcaring bankruptcy (even if it is dismissed
>later) is that it automatically stays all economic litigation. The cult could
>fight the stay, but that would certainly be expensive for them and I think
>the bankruptcy judge might be slightly more sympathetic than Hon. Ron.
>
>
>Grady
>
>--
>Grady Ward gr...@promisecreepers.org +1 707 826 7712
>http://209.66.96.19/g/r/grady/
>C168 0477 7302 C208 F3AC B8D2 33C5 7FCC 0D52 F028
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Read alt.religion.scientology and find out!
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Bernie
bre...@earthlink.net (Brett) wrote in article
<34497da7...@news.earthlink.net>
(alt.religion.scientology):
>>The big thing to remember about delcaring bankruptcy (even if it is dismissed
>>later) is that it automatically stays all economic litigation. The cult could
>>fight the stay, but that would certainly be expensive for them and I think
>>the bankruptcy judge might be slightly more sympathetic than Hon. Ron.
Isn't there in the U. States such a thing as a false
bankruptcy law? i.e. when you falsely declare yourself in
bankruptcy or bankrupt yourself in order to avoid paying off
your debts? In Europe I think you can be penalized for it.
Bernie
Dave Bird---St Hippo of Augustine
In <3484883d...@snews.zippo.com>, Bernie <be...@arcadis.be> writes:
>(Brett) wrote in art<34497da7...@news.earthlink.net>:
Barnie! you shitehaded piece of wank! I scream at you thirty thousand
times because you have not attributed each leayer of chevrons, which is
of course much more important than the content! [Well, that's how you
behave if others doesn't attribute every layer of chevrons properly].
>
>>>The big thing to remember about delcaring bankruptcy (even if it is dismissed
>>>later) is that it automatically stays all economic litigation. The cult could
>>>fight the stay, but that would certainly be expensive for them and I think
>>>the bankruptcy judge might be slightly more sympathetic than Hon. Ron.
>
> Isn't there in the U. States such a thing as a false
>bankruptcy law? i.e. when you falsely declare yourself in
>bankruptcy or bankrupt yourself in order to avoid paying off
>your debts? In Europe I think you can be penalized for it.
So what? It only applies if you do those things. Don't lie to get
the bankruptcy and you haven't falsely declared. Don't break the rules
on transfer of funds -- as set out in writing in the statute -- and
you haven't deceitfully contrived the bankruptcy to avoid debt.
Earlier in this thread it was implied that your private residence
is not seized to pay debts, so some folk move into a larger residence
to safeguard part of their capital against seizure. No doubt there
are rules how close before a bankruptcy, and to what maximum amount,
it can be done: if you read and stick to those rules then it is
lawful. If you exceed them then not.
I wonder about "staying economic litigation." I would have
thought you might be held liable for some civil wrong and the
plaintiff would then join the queue of creditors to get paid.
If a civil suit against a bankrupt is suspended,
does it get revived when they discharge their bankruptcy?
Certainly in England bankrupts lose standing to sue people in
economic matters. Curiously, they still have a reputation, and
can continue--or AFAIK bring--a suit for libel.
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