*Investors Blog*

Zee09 said:
A weird day today...................................

I got a call about an hour ago from a law firm.
A lady started asking me questions and I told her I have no idea what she is referring to.
I asked her to get me up to speed as this came out of the blue...

I long ago wrote it off but I lent out a large sum of money to a family friend for 30 to 60 days max as he was selling a commercial building
and he needed to get some things in order. That was in 2009.... I never got a dime, and the borrower could care less, long story.

So, the law firm tells me that the guy took out a lien in my name but not to protect me but it was a way to stop the IRS from taking it.
I do remember it, but I was told it was just to shield the owner.
She then tells me the Judge ruled in my favor- What??????? news to me and I am the only one getting paid and the rest goes to court fees and the lawyers. The lien from 2014 stipulated I would get 5% on the interest and late penalties and fees added and when I signed off on it I would get a check on the spot... I'll believe it when I see it.... The commercial garage was sold in bankruptcy....
Click to expand...
I got paid yesterday....I don't expect a congratulations from this crowd... 😆

Weirdly they sent a paper for me to have notarized that I have accepted the cash and release the lien....
They should have done that before I cashed the check eh
 
Zee09 said:
I got paid yesterday....I don't expect a congratulations from this crowd... 😆

Weirdly they sent a paper for me to have notarized that I have accepted the cash and release the lien....
They should have done that before I cashed the check eh
Click to expand...
Wow! - so, 17 years after the loan, and subsequent bankruptcy - they finally settled the claims?
 
Astro14 said:
Wow! - so, 17 years after the loan, and subsequent bankruptcy - they finally settled the claims?
Click to expand...
I lent the money 17 years ago and received nothing. I never received any notice of any bankruptcy except when the lawyer called me above and we talked about the fact the judge ruled in my favor and I was entitled to Interest and penalties but it was reduced by $40k because the judge put a limit on my payout.. I assume to give others some restitution

I am not complaining as I long ago wrote it off and it has come at a great time...
 
Bristards!

1780581275769.webp
 
The $25,000 Pattern Day Trader (PDT) rule and the four-trade limit have been officially eliminated.
Yeah !!!!!

No more suspensions for thee..

FINRA and the SEC have replaced the static $25,000 equity requirement with a dynamic, real-time intraday risk margin framework. While the $25,000 threshold is gone, a standard $2,000 minimum account balance to trade on margin and a 25% maintenance margin requirement still apply.

Several apps have already changed their platforms...
 
Zee09 said:
The $25,000 Pattern Day Trader (PDT) rule and the four-trade limit have been officially eliminated.
Yeah !!!!!

FINRA and the SEC have replaced the static $25,000 equity requirement with a dynamic, real-time intraday risk margin framework. While the $25,000 threshold is gone, a standard $2,000 minimum account balance to trade on margin and a 25% maintenance margin requirement still apply.

Several apps have already changed their platforms...
Click to expand...
Now I know you don't read my posts
 
Astro14 said:
Wow! - so, 17 years after the loan, and subsequent bankruptcy - they finally settled the claims?
Click to expand...
Just now....
I got a call from the person I lent that money too... I couldn't believe it.
No joke, he told me this nonsensical story of him being caught up in an estate struggle and he wanted to know if he could borrow the money again.... no thanks I told him as I already spent it ( the losers line)
And i hung up... no, this really happened.. what a con artist..
 
Zee09 said:
Just now....
I got a call from the person I lent that money too... I couldn't believe it.
No joke, he told me this nonsensical story of him being caught up in an estate struggle and he wanted to know if he could borrow the money again.... no thanks I told him as I already spent it ( the losers line)
And i hung up... no, this really happened.. what a con artist..
Click to expand...
Oh that's RICH. Wow.
 
Zee09 said:
Just now....
I got a call from the person I lent that money too... I couldn't believe it.
No joke, he told me this nonsensical story of him being caught up in an estate struggle and he wanted to know if he could borrow the money again.... no thanks I told him as I already spent it ( the losers line)
And i hung up... no, this really happened.. what a con artist..
Click to expand...
Did you not block this guy's calls because you forgot, or because you wanted the entertainment?
 
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