The Tender For Law

Volume 4

Dec 02, 2013 11:43 PM

I'd like to start a discussion on the effect of a lien on the legal name has on things like mortgages, cars etc. I'm feeling a bit cloudy in my comprehension of a few things still....If there is a mortgage in the persons name for example, bringing the house into the trust would be opening up the private trust to the public so we don't want that. Say there is a willingness on the part of the corporation to continue to pay the mortgage....

Does the corporation send notice the bank that it will be paying that debt monthly and that will take care of it? Is there anything needed to be known when it comes time to renew the mortgage (the corporation will be the customer of the bank this time)

Read Comments

Beverly Berta Braakschmack

I think you can have your bank take the payments out of any account you WISH... YOUR PERSON is responsible for it. Same with insurance. I told my ins co I wanted the payments taken out of a different account and they said they didn't care which account, as long as they could sell me some debt :D

Gail Marie

once you lien the legal name the credit for the person is trashed, I'm not sure if banks do a credit check to renew or not, but if they did, then I guess the corp would have to buy the house and get their own mortgage for it?

Gail Marie

my understanding shaun (and am testing myself and hope to be corrected if I'm wrong)....is the legal name is a construct of the legal system (they have legal title)...not the lien...we are equitable title holders providing the equity to the legal name and the govt is a trust not a person...which means there is nothing they can do?

Shaun Hamer

Jurisdiction again, I guess, I suppose the lien is a tool that can be used in admiralty and in common law.

Im of the understanding a private prosecution is brought under common law jurisdiction, as it is not brought by the Crown. Perhaps a double barrel approach with the P.P. in place to ensure common law jurisdiction and commanding they do their fucking job as public trustees

Pete Daoust

Wal-Mart is a person, and its name is Wal-Mart, so therefor WAL-MART is the LEGAL NAME....

PIERRE DAOUST is a person, its name is PIERRE DAOUST, so therefor the LEGAL name of the person I happen to have in my pocket is PIERRE DAOUST

So now, what's the difference between PIERRE DAOUST and the person ???

Gail Marie

hmm I need to look at my notes, maybe I misunderstood at some point but thought I remembered seeing something about which was appropriate to use for the lien...'legal name' or 'person' maybe i misunderstood something

Chris Evan

Thinking out loud here......(watch out). GAIL MARIE B******* is a Person being administrated by YOU. But, GAIL MARIE B******* can be administrated by CORP 123456789 with the director of that corp being CORP 987654321 which is directed by YOU. or maybe there is one too many "liability limitations" in there....but you get the point

August le Blanc

It would be a conflict of interest one thinks for gail Blackman lien to herself... A trusted third party is the solution. Plus the lien gives you equitable title. Equity rules. So the lien transfers equitable title into the Asset ledger of the corporations books, until such time as satisfaction is achieved, legally as directed by corporate charter. It becomes corporate property until the matter is settled as DIRECTED... Not theirs yours ... get it? :-D

Chris Evan

Hold on.....I just got another thought. "Thinking out loud here......(watch out). GAIL MARIE B******* is a Person being administrated by YOU. But, GAIL MARIE B******* can be administrated by CORP 123456789 with the director of that corp being CORP 987654321 which is directed by YOU. or maybe there is one too many "liability limitations" in there....but you get the point"

Can CORP 123456789 be the director of CORP 987654321 and in turn, the director of CORP 987654321 be CORP 123456789?

Or maybe just enlarge that sphere too.....