Words in your work?

Here's a few more


Go fuck yourself and that's my legal argument!
That's a FCRA and FDCA violation.



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Originally Posted by Eli

Sounds like a developer?


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Bingo..............................X developer now, I sold the company before the 2008 crash.

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Originally Posted by 314joey

Bingo..............................X developer now, I sold the company before the 2008 crash.

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Score! I use to represent a few of them.


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Originally Posted by Eli

Score! I use to represent a few of them.


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I was 49 yo when I sold it and people still ask me how I knew that it was coming, I tell them I'm not that smart, it's better to be lucky than smart.

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Originally Posted by 314joey

I was 49 yo when I sold it and people still ask me how I knew that it was coming, I tell them I'm not that smart, it's better to be lucky than smart.

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One of our clients filed BK but not because they weren't selling houses. The bank wanted payment of their $72,000,000 LOC in 90 days. Froze all their assets and I spent the next 6-8 months fighting off mechanics liens. It was a mess, the nicest group of people ever and it just sucked. The other is still in business.


Sent from my Bat Cave!!!

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Originally Posted by Eli

One of our clients filed BK but not because they weren't selling houses. The bank wanted payment of their $72,000,000 LOC in 90 days. Froze all their assets and I spent the next 6-8 months fighting off mechanics liens. It was a mess, the nicest group of people ever and it just sucked. The other is still in business.


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I was lucky almost everything we did was cash and any LOCs we had to get never had personnel guarantees for any of them, of course we never had any problems, but I'm not risking my stuff.

Any of the properties that needed financing the banks had deeds of trusts on them, they would have gotten the propety/development, but walk-away options for us, hey, I ain't no dummy.

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Originally Posted by 314joey

I was lucky almost everything we did was cash and any LOCs we had to get never had personnel guarantees for any of them, of course we never had any problems, but I'm not risking my stuff.

Any of the properties that needed financing the banks had deeds of trusts on them, they would have gotten the propety/development, but walk-away options for us, hey, I ain't no dummy.

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They are a very smart group. Not one late payment, they just didn't plan on their bank demand. Otherwise, they would still be here. The same bank did that to another client of mine and not construction related. It was terrible.


Sent from my Bat Cave!!!

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Originally Posted by Eli

They are a very smart group. Not one late payment, they just didn't plan on their bank demand. Otherwise, they would still be here. The same bank did that to another client of mine and not construction related. It was terrible.


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I've seen stuff like that happen and yes, it not pretty.

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Originally Posted by Eli

They are a very smart group. Not one late payment, they just didn't plan on their bank demand. Otherwise, they would still be here. The same bank did that to another client of mine and not construction related. It was terrible.

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What bank? I can write pages on pages of stories like that. Generally from the major banks.

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Originally Posted by Eli

One of our clients filed BK but not because they weren't selling houses. The bank wanted payment of their $72,000,000 LOC in 90 days. Froze all their assets and I spent the next 6-8 months fighting off mechanics liens. It was a mess, the nicest group of people ever and it just sucked. The other is still in business.


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Was that the bank or was is driven by tighter government regulation/requirements......I seem to remember the government changing the rules on the banks during the crisis and this drover at least some of that behavior??