[asterisk-users] World Cheapest Predictive Dialer!

[Jay R. Ashworth]

On Fri, Jun 13, 2008 at 11:39:46AM -0400, Steve Totaro wrote:
[ Alex: ]
> > I'm quite certain this is already obvious and will simply be interpreted
> > as a tautological affirmation of the obvious, but such co-mingling of
> > personal and business assets -- whether with an evidently fraudalent
> > purpose or not as such -- will generally not survive the "test of
> > reasonableness" that must be satisfied for corporate liability to not be
> > pierced.
> >
> > In other words, if you simply pay for your house in this manner, and
> > then you declare bankruptcy or are sued by creditors or whatever, the
> > courts will scavenge this sort of thing up as evidence that your
> > corporate entity is a financial alter-ego to whatever degree, and
> > declare that your house is actually, de facto, a personal asset and can
> > be included in the asset classes potentially awarded by judgments to the
> > plaintiffs.
> 
> It is a legitimate real estate company renting you a place to live.
> This asset protection tactic has been around for a very long time and
> is legit.  Totally separate entities.

Happens in the commercial world all the time; it's a common way to "get
cash out of the corporation" -- a business's building is owned by the
corporation's owners, and rented to the corporation.

Cheers,
-- jra
-- 
Jay R. Ashworth                   Baylink                      jra at baylink.com
Designer                     The Things I Think                       RFC 2100
Ashworth & Associates     http://baylink.pitas.com                     '87 e24
St Petersburg FL USA      http://photo.imageinc.us             +1 727 647 1274

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