Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : SI Jail Mail Express™ -- Ignore unavailable to you. Want to Upgrade?

To: im a survivor who wrote (128)	5/24/2001 9:13:31 AM
From: 10K a day	Read Replies (1) \| Respond to of 162

Hi Sweetie. I think you just need to hide your assets better. Then maybe nobody will sue you. The days of Declaring profits as profits That is so 1990...

To: im a survivor who wrote (128)	5/24/2001 9:25:46 AM
From: Quahog	Read Replies (2) \| Respond to of 162

To add a little perspective to your very true comments: I can't tell you how many times I have had clients come in insisting on pursuing a claim against someone where it seems clear to me that at the end of the day the client will get a judgment....but will never collect. I always explain this, and suggest that it may not be worth it under a cost/benefit analysis. So many times, though, it has become personal for the client so that they don't care that they will spend thousands of dollars in attorneys fees for nothing but the satisfaction of bringing a lawsuit. This happens most often in landlord/tenant cases. I generally tell my landlord clients that they would be better off by offering their deadbeat tenants an incentive (one month's free rent, or forgiveness of past-due rent) to vacate by a certain date, rather than going through eviction and unfruitful collection. Only once has a client agreed to do it. So, while we always hear about greedy, ambulance chasing lawyers, and that it is always the lawyers who win.....in my experience behind nearly every such case is an even greedier and more stubborn client with his own agenda.