This is a reality I’ve been pondering. Started to look into alternative diabetes care yesterday morning, before reading a thread about Laurie Roth’s news that Obamacare means that senior diabetics are being denied coverage of their diabetes meds.
Looks like maybe I need to get as much testing done ASAP - stuff that HAS to be done by the medical community, and should be utilized while it is available to me - even while checking into alternative ways of managing diabetes. What’s difficult is the money crunch. They know they have to milk us dry of money at the same time as we need to be preparing for what they’ve got in store for us.
A question I have: If a family bought with cash a small piece of remote farmland on which they could camp out in the event of a catastrophe like an EMP attack, would that land be taken away if the economy fell through to the point that we couldn’t keep paying on our home mortgage and had to do the bankruptcy thing?
Interesting question. But the problem with lawlessness is it is a two-edged sword. After an EMP event, or some other such disruption, there will be a period where law will be either nonexistent or will be used so selectively by the regime it will express nothing but the personal appetites of whoever has jurisdiction-by-force in your neighborhood. After the initial crisis, if the Marxists come out on top, I would expect them to apply contract law exclusively in their own favor. Under Marxism, your property belongs to the hive, and only the hive. Double whammy if you lose title under both systems. IMHO, the only safe place to ride out the storm is somewhere completely off the radar. Should it come to that, we will each need God to help us find that place. Because really, there can be no place safer than the center of God’s will.
On second reading, I think I misunderstood your question. You’re asking if seeking a bankruptcy shelter due to default on your principal residence would expose other assets to forfeiture. I don’t do bankruptcies, but I think that is possible. Depending on the form of bankruptcy, your creditors would form a line to get at your assets. Since the remote farmland is not your principal residence, there would be no homestead protection. It’s more complex than that, and the rules have changed a lot recently, so is have to do more research to give a better answer. Just don’t count on anybody playing nice with contract obligations.