Message from discussion
driven into bankruptcy
From: bret...@earthlink.net (Brett)
Subject: Re: driven into bankruptcy
Date: 1997/10/19
Message-ID: <34497da7.18817384@news.earthlink.net>#1/1
X-Deja-AN: 281682373
References: <344ae468.886260@news.supernews.com>
Organization: EarthLink Network, Inc.
Newsgroups: alt.religion.scientology
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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