4 Thoughts on If you buy your house and cars etc. in other people’s name…?
  1. Reply
    Joseph the Second
    October 15, 2011 at 12:04 am

    Sure ! -And the Police can arrive & arrest YOU for Fraud- and take you to jail ! 😮

  2. Reply
    October 15, 2011 at 12:05 am

    If the asset is in someone else’s name, your creditors can’t take it. You don’t own it. The other person does. Now, that other person’s creditors might come after the assets.

  3. Reply
    October 15, 2011 at 12:36 am

    The collectors can’t… but the other people in whose name you put the property and the car titles… CAN since they are now the legal owners.

    Not the smartest move…. trust me.

  4. Reply
    My Take on It
    October 15, 2011 at 1:09 am

    Technically they cannot because it is not your asset
    But doing this sort of thing is a form of fraud

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