Judgment-Proof Your Assets Even After Being Served a Lawsuit or Before Final Judgment from a Court of Law

Yes, you can legally protect and save your assets and property from a future creditor or judgment holder even after being served a lawsuit or any time before a Final Judgment or Order from a Court of Law.

This is accomplished by exchanging your assets for 1,000 shares of stock from an Unincorporated Texas Joint-Stock Company (TJSC) that is set up by private contract under the common law. More importantly, the TJSC is also recognized by Texas Statute and Federal Statute as a separate legal entity and separate person under the law.

The important key as to why this legal method works is because the exchange constitutes a “private contract”.  Other entity programs do not work to save your assets because the assets are transferred into them by public contract or gift.

A transfer by public contract or gift is subject to the Fraudulent Transfer Act of State and Federal law.  A creditor or judgment holder will—after he determines that you as an individual debtor do not have sufficient assets to pay—ask the Court that issued the judgment for an Order forcing you to bring back the assets previously transferred by public contract or gift into your individual estate to satisfy the judgment.

The Fraudulent Transfer Act may be applied to transfers of assets to Corporations, LLC’s, LP’s, LLP’s, Irrevocable Trusts, etc., even in prior years before the lawsuit was filed.  The creditor will plead that you made this transfer in contemplation of defrauding creditors several years ago.

However, the private contract of your TJSC is not subject to the Fraudulent Transfer Act as declared by the U.S. Constitution, your State Constitution and several U.S. Supreme Court cases and others upholding the legal principles involved.

Benefits and Advantages of a Texas Joint-Stock Company

Most people are instructed to incorporate through a public entity such as an LLC or Corporation in order to conduct business and seek some level of personal protection.

Please be aware that while these entities are the most common form people choose, they are not the most private or secure when it comes to issues such as asset protection, judgment proofing of assets, estate tax issues, operating in multiple states, franchise fees and reporting, and many other issues.

We draw your attention to a little known but legally well-documented entity called a Texas Joint Stock Company (TJSC). This entity provides benefits and advantages far and above those offered by such public entities as LLCs or Corporations.

Below is a list of the main benefits and advantages of the TJSC as opposed to an LLC or Corporation, which does not provide these advantages.

Only a TJSC can provide the following:

  1. Total Asset Protection and JudgmentProofing of assets even after being served a lawsuit
    up to the time of final judgment. The TJSC is not subject to the Fraudulent Transfer Act, a state statute, because it is the only entity under Common Law that is setup by private contract. A private contract cannot be impaired by any law passed by any State Legislature according to Article 1, Section 10 of the U. S. Constitution and every State Constitution.

An LLC or Corporation offers no asset protection or judgment-proofing as they are subject to the Fraudulent Transfer Act.

  1. Avoids all Federal Estate Taxes on assets transferred to a

An LLC or Corporation does not avoid all Federal Estate Taxes on assets transferred to a TJSC.

  1. Avoids the need for Wills and Probate on assets transferred to

An LLC or Corporation does not avoid the need for Wills and Probate.

  1. A Texas Joint-Stock Company can operate and do business in all fifty (50) states without
    franchising or chartering with the Secretary of State.

An LLC or Corporation cannot operate and do business in all fifty (50) states unless it is franchised or chartered with the Secretary of State in each state. This means that to do business in the entire U.S. would require fifty (50) franchises at considerable cost.

  1. Eliminates all Franchise fees and yearly reporting requirements.

An LLC or Corporation does not eliminate all Franchise fees and yearly reporting requirements.

  1. Maximum privacy of assets and business affairs since there is no requirement for recording, registration, franchising or charters concerning entity documents.

An LLC or Corporation does not maximize privacy of assets and business affairs because they do require recording, registration, franchising or charters concerning entity documents.

  1. Legal standing in all fifty (50) states from any lawsuit thus providing the ability to file an answer to a lawsuit instead of being subject to a default judgment.

An LLC or Corporation does not automatically provide legal standing in all fifty (50 states to file answers to lawsuits as they must first be franchised or chartered in that state.

  1. Maintains legal standing to sue in all fifty (50) states to keep your lawsuit from been dismissed.

An LLC or Corporation does not automatically provide legal standing in all fifty (50 states to file answers to lawsuits as they must first be franchised or chartered in that state.

  1. Ability to utilize multiple TJSCs to separate high liability assets and/or businesses from each other and/or low liability assets.

Multiple LLC or Corporate entities do not provide any additional asset protection for separate high liability assets and/or businesses.

  1. Allows a trustee to represent the TJSC pro se in a legal action in court as the real party of interest having both legal and equitable title. No need for high legal fees of lawyers.

An LLC or Corporation must be represented by counsel as any individual (officer, stockholder or director) does not have both legal and equitable title for legal standing.

  1. The TJSC is a separate legal entity under common-law, Federal Statute, Texas State Statute, and Federal and State Court decisions.

An LLC or Corporation is only legal under state and federal statutes.

  1. RECOGNIZED under Federal and State Statute, but not regulated by statute. It is regulated by common-law, which allows everything except which the law forbids.

A statutory entity such as a corporation or LLC, etc., cannot do anything unless a State statute authorizes it.

An LLC or Corporation must be registered and regulated by state and federal statutes, not just recognized.

You must also understand that most attorneys and law firms do not agree with this program with respect to judgment-proofing of assets.  It does not work in their best interest.

Our Private Legal Membership Association has researched and successfully utilized this legal protection procedure for over forty-one (41) years.  We are not licensed bar association attorneys because we conduct business in the private domain as a private association that is not in the public domain.  You would become a private member along with the other private members that have saved their assets and estate from lawsuits and judgments.

Our initial consultation is free with no strings attached.  Our association will assist you in setting up your own TJSC and provide the legal defense to the U.S. Supreme Court, if necessary, on a pro se basis for a reasonable one-time lifetime membership fee.  There are no additional charges other than filing fees and printing costs for any appeals. We may give you credit for your expense of setting up your LLC or Corporation.

Your individual and business entity assets can be transferred to a TJSC.  If the assets are needed for your personal or business entity use (e.g. LLC or Corporation), they can be leased back. Leased assets are not subjected to the judgment of creditors.

Persons and companies from all fifty (50) states) and foreign countries can take advantage of this legal protection of your assets.  You cannot afford to ignore this legal procedure that is available now.

Call us at (214) 387-0821 for an appointment.