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CLICK HERE if you are landlord>>> Creditor trying to garnish my precious rent
you should close threads where people are openly trying to circumvent or violate the law. Dud, here is what you should do...sell the building(s) and pay the judgement...simple.
It is not a moral issue it is a legal one. If you disagree with the judgement, then appeal. $100k is a serious matter and should warrant you retaining an attorney to protect your interest.
Not trying to be harsh, just real.
**Also a side note, garnishing your rental income isn't the worst they can do. Depending on the laws they could force you to sell the property at a loss just to cover the debt. You need professional legal advice, not some thread on a forum.
wldman just gave you some good advice. Sell the property and pay your debt.
After I blew up 2 options accounts I couldn't justify trading full time anymore. It took me 2 1/2 yrs of making good financial decisions and a lot of study to become a better trader to get myself back in a position to trade full time again.
Go make some good financial decisions and the market will be here when you get in a better position to trade.
I'd like to bring up a few points about this thread, regarding trading. My own belief is that what you do in trading mirrors what you do in the rest of your life.
So, here are some issues I see that could hurt @budfox in his trading:
1. Unwillingness to take or admit a loss
2. Letting a loss get bigger (I'm sure the creditor will be able to collect interest on the judgment)
3. Putting blame elsewhere, instead of where it belongs (in trading "my broker screwed up" "the internet went down" "I was screwed on that fill" all pass the blame from the trader to someone else)
I'm sure there are more things, but at first glance that's what I see.
The real shame is another futures.io (formerly BMT) member actually paid money to give @budfox an Elite Membership. The generosity of others and this is how he treats it.
