|
Title: Hi There Post by: chaosman on August 19, 2012, 09:24:46 PM Hello Everyone,
Well I have been lurking the forums for a while an finally signed up. Its probably not a great forum name as I plan on starting a business dealing with bitcoins and the lending industry. In anycase, I am a full-time programmer. I also own a judgment recovery business(I purchase money judgments and legally enforce them on my own behalf), and also I am a process server. I see a lot of BTC lenders who were stiffed. Though I am not an attorney, I have enforced judgments in 43/50 of the states. Meaning I purchased a judgments and used the court system to either levy upon bank accounts, garnish wages, got charging orders against LLC's(meaning I took the interest of the debtors membership of the LLC and even wound down the LLC to liquidate it on Single Member LLCs). I believe I can at least give some insight to US based lenders about risk management. Also give my opinion on what lenders should do if the debtor defaults and to reduce defaults. I am programming a solution that may help with this. I have read the boards it seems that there is something missing from there I think I can give some insight. Thanks everyone! Title: Re: Hi There Post by: flatfly on August 19, 2012, 09:29:28 PM Interesting!
Welcome to the community. Title: Re: Hi There Post by: mypolopony on August 24, 2012, 03:05:33 AM This is really fascinating! I personally believe that computational approaches offer solutions to almost all circumstances, including yours.
I never knew this market existed -- if I understand you properly, you purchase the right to enforce owed payments? Out of curiosity, what makes a debtee approach you to handle a case against a debtor instead of going though the court system themselves? Also, welcome! Title: Re: Hi There Post by: chriswen on August 24, 2012, 03:38:23 AM Me 2
I just signed up but, I've been really interested and reading a lot of threads. Title: Re: Hi There Post by: btcinstant on August 24, 2012, 04:15:30 AM welcome! ;D
|