OffshoreLegal.org - Panama Offshore Legal Law Firm

Panama Offshore Banking, Offshore Company / Foundation Formation & Asset Protection Services
Panama Offshore Legal
Panama Corporation Search

Login Form




Lost Password?
No account yet? Register

Offshore Education

Stripping Equity and Getting Rid of Credit Reports Print E-mail

There are many ways to protect assets and if you really want to confuse your enemies you may be ready to use some of these advanced techniques. Be warned that these are not entirely easy to get and if done wrong can cost you a bundle of money.

To start out with, recall that real estate is often the toughest asset to protect because of it’s non-portability. This still holds true but there is a trick called stripping, no not that type of stripping, which can be used to take out the value of an asset. This is done by borrowing a lot of money against the house. Why would that do anything? Think about it, at this point the bank owns more of the house than you do. Meanwhile, you have the cash to pay back the account, remember cash is a portable asset, sitting in an account in Panama. The house has no value and cannot be rewarded in court, so how is anyone going to take it from you?

Another trick to protecting your assets is to stop reporting your credit. A while ago, this simple move was meant to help people. Nowadays its just another tool used by those who want more money to exploit people’s information in legal ways. So why keep reporting? There are simple methods to use to get out of the vicious cycle.

How do you get rid of credit reports? Simple, move all your assets, all the ones you don’t need to survive, to Panama and open up new bank accounts in that country. Still with me? Now that you have bank accounts in Panama, you can get Panama subscribed credit cards and throw out your old worthless ones. Now that you have no money in bank accounts in America, what will your credit report show? Now you can use your ATM cards given by Panama to withdraw money, even putting this money in a new account which cannot track where the money was earned.

Want to go one step further? Why not make this same move for every asset you own, not just the liquid ones? Do you really need that second house or is it just open for the first person who sues? Get rid of it! What about all those cars you never drive? Sell them and put the money in a Panama account. Take the credit reports and bureaus out of your life as much as possible and you will find yourself happier than you have ever been before.

You can even start to pay all your bills and for everything else under your account in Panama. You will never have to put anything under your American account ever again if you follow this guide. We can help eliminate all the problems in your life using these simple methods.

So what is stopping you from protecting your assets more? No one but you. Take the first step and get rid of your asset problems.

 

 
< Prev   Next >
Skype Me™! Contact Offshorelegal
E-mail: offshorelegal@hush.com

  Sales
Telephone: Panama City, Panama
+(507) 832-0020
Telephone: Miami, USA
+(786) 375-5435
Telephone: Toronto, Canada
+(647) 477-6352
Telephone: London, UK
+44 20 3002-7962
Telephone: Paris, France
+33 17 666-0300

  Customer Support
 
Telephone: Panama City, Panama
+(507) 832-0883
Telephone: Miami, USA
+(786) 393-5441
 

Offshore Legal Law firm Location Map

Panama Company Name Search
Panama Company Name Search
© OffshoreLegal.org - All rights reserved.