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August 19, 2012, 09:24:46 PM |
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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!
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