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To: Tolerance Sucks Rocks

This is why we all need to be judgment proof, using the tools in the law to prevent just this kind of thing. LLC etc. are not sufficient, your personal assets also need to be secured and hidden.

I have had 3 incidents since I have retired that have brought that home to me. The latest was when we took down a pair of bounty hunters who forced their way into our home. One of them was seriously hurt and has huge medical bills. Our lawyer told us that inquiries were being made about the property and other assets, none of which are in our name. We can’t hide our Social Security, but we move the money offshore as soon as we can. We do our best to insure there is little nothing to attach.


11 posted on 02/19/2015 6:59:44 PM PST by Starwolf
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To: Starwolf

“We can’t hide our social security...”

The only creditor, judgment or otherwise, who can dip into your social security is Uncle Sam. 15% of the gross to IRS for money due for example. Defaulted student loans can get a cut too. I’m sure other Fed bodies can get some too.


18 posted on 02/19/2015 7:18:13 PM PST by Sasparilla (If you want peace, prepare for war.)
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To: Starwolf

“We can’t hide our social security...”

BTW, keep your social security payment money completely separate from any other money. Don’t mix it with anything.


21 posted on 02/19/2015 7:24:40 PM PST by Sasparilla (If you want peace, prepare for war.)
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