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Individual Asset Protection
CAPITAL ASSET,
INC.
since 1990
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Total Asset Protection -
Legally, Quickly, Conveniently, Inexpensively and Anonymously
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We design,
form and service asset-protected LLCs, corporations, trusts and family
limited partnerships
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Creditor Protection
When you can't pay your debt and you do not negotiate to manage
your debt, your creditor who has extended you the funds to pay for
what you bought will sue you and get a judgment from the court.
Once the creditor has the judgment, they go back to the court to
get a charging order. This charging order allows them to attach
whatever assets of yours they can find - your home, your investment
real estate, your accounts. etc.
Asset protection against charging orders needs to be set up
and in place BEFORE you default on any of your debt. If you try
to protect assets after you default on your debt, you run the risk
of being charged with fraudulent conveyance.
What Is A Fraudulent Transfer of Assets?
A fraudulent
transfer is transferring or protecting assets with the intention of
‘hindering delaying or defrauding’ your creditors. If a transfer is
deemed fraudulent the court will unwind it and apply civil and
criminal penalties.
Asset
protection plans that are structured and implemented years in
advance of need will withstand any creditor attack.
What are 'Badges of Fraud'?
Badges of fraud
refer to how you transfer assets once you default on your debt.
Fraudulent transfers include:
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transfer to a
spouse or family member.
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transfer of assets after a lawsuit is filed
or threatened.
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transfer of substantially all the person's
assets.
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removing or hiding physical assets like
vehicles.
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trying to conceal that a transfer was made.
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value of the consideration received was
more than the value of the asset transferred.
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becoming insolvent or became insolvent
shortly after the transfer was made (i.e. made all your cash
disappear).
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