Nevada Corporations
BEING SUED?
A line of credit from a Nevada Corporation can put you in a no assets position.
Having no assets is the most effective method to arbitrate and reduce satisfaction of an existing judgment. Settle for pennies on the dollar.
- BORROW YOUR PROFITS
Will enable you to put liens (encumber) on your personal property. - THE DIFFERENCE BETWEEN CONVEYING AND ENCUMBERING
Conveying property when in litigation could be devastating.
It could be a fraudulent transfer. Don’t give up title to your property—Encumbering your assets with a Nevada Corporation is not fraudulent.
THE BEST ASSET PROTECTION IS TO SHOW NO ASSETS.
This can be done with a Nevada Corporation
A Nevada Corporation would be the secured party as it used mortgages or Trust Deeds to encumber your real estate.
It uses UCC-1 (Uniform Commercial Code) filing against your non-real estate; thus, preventing creditors from taking an equitable interest in any of your assets.
Call Asset Protection, Inc. for a free consultation and have this explained.
NEVADA THE SECRET STATE
Nevada is the ONLY STATE THAT DOES NOT FREELY TRADE INFORMATION TO ANYONE INCLUDING THE IRS
- NO ONE KNOWS WHO OWNS A NEVADA CORPORATION
- The stock can be treated as “Bearer” Stock, meaning if you have it in your possession you own it. Give it to someone and you don’t own it.
- “Bearer” Stock works well if you go through a deposition or an asset search. You don’t perjure yourself.
- Owners and Directors are not required to be revealed with a Nevada Corporation.
- Officers: President, Secretary and Treasurer can be one person, and that person can be someone besides yourself. Officers are not liable for corporation operation.
- Officers’ Lists are only filed one a year. If you fire your officer(s), no reporting of that is required until the next filing. You don’t have to go to Nevada to hold meetings.
- You don’t have to capitalize a Nevada Corporation.
- You can have zero capitalization and still have a Nevada Corporation.
FOR MORE INFORMATION PLEASE CONTACT
ASSET PROTECTION, INC.