01-21-2012, 10:29 AM
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Confirmed User
Industry Role:
Join Date: Aug 2010
Location: East and West Coast Beaches
Posts: 1,277
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Quote:
Originally Posted by DWB
Another thing to note is, he should have NEVER, EVER had all that stuff in his name or his company name. They can't take what isn't yours. If he would have had some slick corp structure set up, he may have avoided losing everything. If that was a rented house, it would still be there waiting for him when/if he returned. Same with the cars and everything else.
For all the money he made, he sure was a dumb shit about asset protection.
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Most realistic thing ever written on GFY:
Shap: "Solidarity is nice in theory but this industry has proven time and time again it can not stand together. The best advice I can give you is to do what is best for you with both your short term and long term goals in mind."
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