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Uber Member
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Jun 1, 2009, 07:39 AM
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Hello again, s:
You're dancing around some truth that you don't want to reveal. I'll bet it WOULD effect ALL the answers you've received so far...
Look, we're NOT the cops... So, why don't you spill it?? Otherwise you're going to get BAD INFORMATION!!
excon
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New Member
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Jun 1, 2009, 07:47 AM
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I have some debts that I have been fighting via DV letters.
I want to protect my equipment I use for work in case they come down on me with summons in the future.
I always wanted to start an INC but never did, I waited to long.
I just can't afford my items be taken away if a court ruling goes in their favor.
NO I Haven't been summoned or anything.
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Uber Member
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Jun 1, 2009, 07:55 AM
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Originally Posted by excon
You talked about "protecting" them, but if you're protecting them from a judgment, what you're doing is NOT protecting them, but committing fraud.
Originally Posted by silverstein
I want to protect my equipment I use for work in case they come down on me with summons in the future.
Hello again, s:
Bingo!
excon
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New Member
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Jun 1, 2009, 07:58 AM
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So I can't start a business
I have to wait until I am summoned (if at all)
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Uber Member
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Jun 1, 2009, 08:00 AM
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Hello again, s:
You can START and run any business your heart desires. What you CAN'T do, is transfer assets in order to hide them. It's FRAUD!
excon
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New Member
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Jun 1, 2009, 08:03 AM
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Ahh OK
Thinking about it now, the assets are nothing special, rather keep all business purchases new direct from the INC instead of transferring in personal items.
Much less hassle.
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Uber Member
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Jun 1, 2009, 08:08 AM
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Hello again, s:
If you have NOTHING to protect, then starting a corporation is a waste of time and money. Without doing ANYTHING, you are a sole proprietorship. That means YOU are a business. Take your equipment and go to work.
excon
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New Member
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Jun 1, 2009, 08:12 AM
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And the reason for INC was not to avoid items getting taken
The #1 reason and #2 and #3 were mainly to avoid personal injury litigation in case someone gets hurts , had a close call once and ever since then I knew I had to INC to separate myself from personal liability just in case.
Then that person told me about personal property transferring into his INC and how he protected his items
And that's how this whole thing started in terms of finding out more information and if his latter statement was true.
Thanks excon
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Uber Member
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Jun 1, 2009, 08:32 AM
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Originally Posted by silverstein
the #1 reason and #2 and #3 were mainly to avoid personal injury litigation in case someone gets hurts , had a close call once and ever since then I knew I had to INC to seperate myself from personal liability just in case.
Then that person told me about personal property transferring into his INC and how he protected his items
Hello again, s:
You're being dunned by bill collectors. You, apparently, have NO money. Your only assets appear to be your equipment. If somebody fell down and sued you, they'd get NOTHING.
Therefore, you have NOTHING to protect, and forming a corporate identity at this time is a waste of time and money.
excon
PS> If you have extra money, BUY insurance. That'll protect you better anyway.
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Expert
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Jun 1, 2009, 09:01 AM
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Originally Posted by silverstein
and what happens if the judge or the plantiff does produce evidence and you were deny it?
can you be arrested?
Silverstein, I'm confused. Are you Rentedog?
And I'm also confused about the meaning of the question. Are you asking what would happen if the original poster ("OP")=Rentedog were to deny the truth of the plaintiff's evidence? It's normally a "his word against yours" matter, the judge believes the most believable side, and that's the end of it. It would only be when the defendant's testimony is obviously, and beyond a reasonable doubt, a lie (knowing falsehood) that the defendant could be charged with perjury. Very rare.
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Uber Member
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Jun 1, 2009, 09:03 AM
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Originally Posted by silverstein
and what happens if the judge or the plantiff does produce evidence and you were deny it?
can you be arrested?
No, you can't be arrested.
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Computer Expert and Renaissance Man
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Jun 1, 2009, 12:10 PM
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Originally Posted by silverstein
can you explain this please
you mean they dont have to show signed contracts anymore?
If you apply for a credit card online, then there is no signed contract. Instead, the card issuer captures your IP address and some personal info that you have to supply to verify that you are you.
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Computer Expert and Renaissance Man
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Jun 1, 2009, 12:15 PM
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Originally Posted by silverstein
and what happens if the judge or the plantiff does produce evidence and you were deny it?
can you be arrested?
First its not a good idea to piggyback your question on someone else's. This can lead to confusion. Are you asking for the OP or for yourself? If for yourself, let me know and I will move it to your thread.
As noted, you can't be arrested. A judge doesn't produce evidence, they just rule on its validity. If the plaintiff produces evidence that the judge accepts as proof of the debt, the defendant loses.
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New Member
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Jun 1, 2009, 01:18 PM
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Originally Posted by AK lawyer
Silverstein, I'm confused. Are you Rentedog?
And I'm also confused about the meaning of the question. Are you asking what would happen if the original poster ("OP")=Rentedog were to deny the truth of the plaintiff's evidence? It's normally a "his word against yours" matter, the judge believes the most believable side, and that's the end of it. It would only be when the defendant's testimony is obviously, and beyond a reasonable doubt, a lie (knowing falsehood) that the defendant could be charged with perjury. Very rare.
I see
No I'm not rentedog, just trying to understand
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New Member
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Jun 1, 2009, 01:19 PM
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Originally Posted by ScottGem
If you apply for a credit card online, then there is no signed contract. Instead, the card issuer captures your IP address and some personal info that you have to supply to verify that you are you.
Oh I see
Yea everything I have done was at least done with a written application.
Ok that explains it.
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