Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: LLCF who wrote (14194)	1/29/2002 8:38:02 PM
From: TobagoJack	Read Replies (2) of 74559

Come on DAK, take a page from the ENE officers of this world (prediction: if they didn't do this following thing already, they will have before the drama is over): A nominee-held company on the island of virgins complemented with a Caicos Island bank account can cure most frivolous legal troubles. The ex-owner or current owner can live off zero interest balloon payment loans from the nominee-controlled company, even right next door to the apartment complex in question. Better still, for current owner, who are really the ex-owners as well, take down a 125% equity loan from the island based company, with first claim on assets, in case somebody sues for assets. The legal beagles generally shy away when they do not believe they can win anything even if they win everything. Chugs, Jay

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