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And if they make revenues and aren't overburdened by debt, you can sue them to recoup the damages from those revenues.
by sofixa 3y ago
And if they make revenues and aren't overburdened by debt, you can sue them to recoup the damages from those revenues.
- lazide 3y agoThe issue is the real problem folks are often 'judgement proof'. No assets, no (official) income, or plenty of legal excuses to delay and defer actually doing what they were supposed to do. Also, often in pretty bad shape, so easy to take pity on. Until they screw you personally, anyway.
- sofixa 3y ago> No assets, no (official) income, or plenty of legal excuses to delay and defer actually doing what they were supposed to do And that would be easy to see when you ask them for proof of revenue before renting to them...
- lazide 3y agoOnly revenue? Ah, sweet summer child. Unless they used ChatGPT or photoshop to fake it all up. Which happens. Oh and don’t have a friend pretending to be their boss on the other side. Easier to do now than ever, especially with all the free phone and text services. Used to be you had to have a friend halfway decent with forgery at least (or with a similar enough name and a real job they’d buy it). Or steal someone’s mail. Or any number of scams. And don’t worry, very few judges will throw them in jail if there are a bunch of kids in tow - even if they aren’t actually theirs, unless you can prove it. Some people never stopped modifying those ‘F’’s into A’s on their report cards, and just got better at it not getting caught. Good due diligence should catch it of course, but it’s always a game of cat and mouse. How thorough would you need to be to feel comfortable? How thorough do you think you would you need to be to actually not get scammed with 99% certainty?