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Carlton Sheets Discussion
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This forum is for questions, comments, or discussions regarding infomercial personalities like Carlton Sheets and others. |
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#1
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Posted by MikeT/NC on September 26, 2011 at 07:23:24:
I recently viewed a clip from a seminar you did on land trust. And I was thinking if someone wanted to sue you all the lawyer had to do is once he finds out what insurance company you are dealing with is subpoena their records of your payments. They would then have a list of all the properties you had with them. Of course I'm not a lawyer and so I don't know if a judge would even allow that. And then if you transfer title to some other entity then how would you insure them. Would each one be on a separate liability policy? Is all this covered in your course on land trust? |
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#2
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Posted by William Bronchick on September 28, 2011 at 12:17:42:
A lawyer has no authority to subpoena an insurance company because it suspects they have insurance records on you. And, how do they know which insurance company to start with? |
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#3
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Posted by MikeT/NC on September 28, 2011 at 17:45:31:
If I were being sued then I'm assuming (hoping) my liability insurance carrier's lawyer would represent me. So I'm sure at some point the insurance company's name would come up. |
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#4
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Posted by William Bronchick on September 28, 2011 at 17:55:19:
That's a different story, once you are in litigation, they can ask who the carrier is for that property. But, the whole idea with land trusts is to make it difficult to find info which would thwart any potential litigation. Even so, I doubt a judge would allow an atty to subpoena the insurance company to find out everything you own. |
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