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I need to hide my money from insurance

Discussion in 'BlackHat Lounge' started by huzah, Jun 29, 2011.

  1. huzah

    huzah Newbie

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    4 years ago, when I was 17, I did something stupid that got out of hand, and now I owe some retarded insurance company 1.3 Million Euro's (~$1,850,000). Usually in The Netherlands, after 5 years of them not taking legal action, the whole thing just "goes away" but I just got a letter stating they are postponing the thing due to my financial situation (They verified I'm broke currently) adding another 15 years to said expiration-time.

    In a nutshell this means that as soon as I start making money again, I am "obligated" to inform them about it and they will have the right to claim anything I earn above 80% of minimum wage, meaning that at my age I get to keep a max. of 700 euro's per month. Trust me, in my country you can *not* live off 700. I'll be eating out of dumpsters for christ sake, all because retarded people nowadays are all about "PUNISH, PUNISH MOAR" rather than disciplining a kid which is 10x more effective. If even spent 3 weeks in jail awaiting trial, where I nearly got pushed into criminal activity just to not get my ass handed to me. Lucky I got out in time!

    So hey, screw that! I was thinking of paying some people to register me a business in Hong Kong with a bank account in Sweden or Switzerland, all in their name, done by a lawyer, after which said lawyer will transfer rights to me anonymously. It costs alot, but nowhere near $1,8500,000 . I will simply do all my future online business in that company name, leaving all my funds there. If I'm correct there would be absolutely no link between me and that money.

    What did I do? Set a can of deodorant on fire, it did BOOM which was cewl but the fire spread to a nearby building, which was... a textile factory! I shit you not, I didn't see it!

    And please, before you judge me, I was a kid for crying out loud. Modern day society doesn't understand that behaviour like that is normal for young adults. 50 years ago I wouldn't have gotten a jail sentence for something like that :(

    I could of course just not notify the insurance company I owe the money to when I start making money again, but they can issue a court order to check out my Dutch bank account. And I reckon they will if I take forever to send them a notification.

    Anyone have any ideas, or thoughts on the HK Business?
     
  2. MiLiTARYiV

    MiLiTARYiV Senior Member

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    by gold silver bars, plus u make a good return on it and bury it in house or backyard, keep cash in the house hidden. I suspect your doing small numbers because if you werent you wouldnt be asking this question.

    I dont trust nor use banks expect to get paid so Im good for this
     
  3. wowhaxor

    wowhaxor Executive VIP Premium Member

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    Isn't there something similar to bankruptcy in your country where you can file as you will obviously never be able to repay this and fuck your credit up but get it wiped off as a debt? It should be very easy to prove there is no way you can afford $1.85M Euros.
     
  4. huzah

    huzah Newbie

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    Yeah, there is. And thanks for reminding me about that. Last time I spoke to someone about exactly that, they told me your debts get wiped, but you need to live under surveillance for several years. Random people are going to go through my mail and monitor my finances etc. ensuring I'm not abusing the system. So if there's al alternative, I'd gladly hear it!
     
  5. bobbylove321

    bobbylove321 BANNED BANNED

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    Call them up and say you are going to declare bankruptcy.

    They will then lower the price (most of the time) because they want you to pay something at least.

    Example:

    My friend had $30k credit debt, and told them he was going to file bankruptcy and they told him that they'll lower it to $20k, and he said he can't pay, so they lowered it to $15k 2 weeks later, and he still said he couldn't pay, so they finally lowered it to $7k and he agreed to pay, so the debt got wiped off, and he didn't have to file bankruptcy.

    There's ways around it.
     
  6. huzah

    huzah Newbie

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    When it comes to an amount like this, I think it's in their favor if I go bankrupt. I'll get assigned a curator who decides how much money and stuff I get to keep, and everything else will go to the insurance company. I'm only 20, almost 21, so by the time I'm old and stuff they will have collected quite a bit.
     
  7. tooslim

    tooslim Regular Member

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    Same story happened to my cousin. he got his credit card debt lowered from 25k to around 10k then he paid
     
  8. bobbylove321

    bobbylove321 BANNED BANNED

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    Like I said, there are ways around it.

    You should find out the minimum should are required to pay, then go for a fraction of that.

    So if they say you "have" to pay $100,000 at least, then you've actually won twice because 1)you have lowered it from a million+ dollars, and 2)you can now focus on lowering the $100k

    So then you say you are going to file for bankruptcy and can't pay "ANY" of the $100k unless it is lowered to a more "realistic" number, then you may get it at $20k-$50k, then wait 20-30 days, and ask them again to lower it, etc.

    When there's a will; there's a way.
     
  9. angelas111

    angelas111 Jr. VIP Jr. VIP Premium Member

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    what the hell did you do to owe that kind of money or did i read the amount wrong?
     
  10. huzah

    huzah Newbie

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    It's an idea, bobby. It sounds good, but I'm wondering how it would play out in real life. It's a realistic plan I guess because I reckon they'd rather have 60k, or maybe 30 and be done with it than pretend I can cough up anything more than that in a lifetime.

    Fun fact: When I was a kid I had some traumashit blabla not interesting and as a result I developed an anxiety disorder which eventually led me to become extremely intravert. The "GGZ" which is the Dutch abbreviation for "Mental Health Care" didn't know what to do with me so they labeled me as being autistic, after which I labeled them as being morons and switched to a more open minded shrink.

    But at the GGZ, the autism thing stands. Do you reckon that if I just let the insurance company take me into court and go like DURRR I dun get it they'll be like "yeh, k, bye, this isn't gonna work". I will appear in front of a judge handling minors, because I wasn't 18 yet at the time. My current shrink already verified that I'm not autistic but she would totally play along because she's cool like that. And she should be, at 180 euro's per session :p

    Seriously, what judge would sentence a what-they-presume-to-be autistic kid to paying some rich ass insurance company for the rest of his life? :D

    EDIT:
    I did mention it :p And no you read it correctly.
     
    Last edited: Jun 29, 2011
  11. troublie

    troublie Regular Member

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    He set a can of deodorant on fire and the fire spread to a nearby building, which was a textile factory. Just read the whole text

    Well I do not know about the bankruptcy thing but I think this workaround about the HK company could work, but you'll have to make sure no one finds out otherwise you will find yourself in a bigger problem.
     
  12. thetvnun

    thetvnun Power Member

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    well, that amount of money simply isn't payable. Making payments on it would be a waste even at a low interest rate because the amount would increase faster than you could keep up with it. If you were in the U.S. I could give better advice but I know nothing of the Netherlands. Just the same I have had/and currently have a similar debt due to equity appreciation in recourse state, that basically mean you can borrow $300K and end up owing $700k at the legal interest rate allowed by law.

    I fought it for several years as I'm sure you will try to do. I then stopped fighting it and started living internationally. I wont get into the details, but it's fairly easy to do. I'm not sure if your ready to take that kind of plunge, but the reality is that sometimes you don't get a second chance.

    Colin Powell lost his gun once while on duty abroad. It was gone for a week and he was later told that it had been used to kill a child in the country he was serving. That was his punishment (the story about the kid). He later wrote that if an soldier lost a gun in todays world his career would be destroyed forever, and he appreciated his commanders "punishment".

    There just aren't a lot of second chances today brother.
     
  13. huzah

    huzah Newbie

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    I know. 200 hours of community service and 2 years of rehabilitation for one mistake. Granted, it was a big mistake and I took responsibility for it and finished my sentence without whining. But this what-if hanging over my head is just a whole other story.

    You know what my counceler in rehabilitation said? That he felt sorry he had to waste time on me because I clearly just made a one-time mistake. We usually had a cup o' joe for 5mins after which he sent me home again.

    Oh well, I can whine about this all day or make sure it doesn't get any worse and I think I'll go for the latter. I only got the letter today and haven't talked it over with my laywer yet so I'll see what he has to say before I make any radical decisions.

    I know you said you wouldn't go into details, but what's your "living itnerationally" in a nutshell? Offshore bank acc?
     
  14. seo jack

    seo jack Junior Member

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    1. Change your name legally, if its as easy as it is in the UK you could get a passport in your new name the same day as you read this post right now!

    2. Move house.

    3. Never 'officially' work again.

    4. Perhaps still consider the business abroad thing (you will still have the same tax ID) but the company chasing you will never find you again!
     
  15. randomwoman

    randomwoman Newbie

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    I'm thinking bankruptcy may be the only option... Being watched for a few years might end up being easier than hoping your business partners didn't take advantage of your situation by taking your money knowing you couldn't risk the attention. Also, I'm surprised when you went to court in the first place your diagnosed mental problems weren't brought up...
     
  16. wrangler

    wrangler Regular Member

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    Talk to a lawyer. Not about the idea of yours, but the situation. Surely, especially based upon your age at the tiem and (lack of) means, there must be some way to make this go away.
     
  17. huzah

    huzah Newbie

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    They weren't diagnosed at the time. I ignored all my anxiety symptoms from age 12 to 19 until I "broke" during English class after which I quit school. The trust issue is a valid one, but I don't know if they'd even get the opportunity considering I'd be the only one with acces the the bank acc.

    You'd think so, but I can't rely solely on the "hope" that they might come to their senses. I need to have a plan wfor when it all goes wrong, you know. Even during trial it was established it was not my intention to burn anything down but I'm not too sure they'll care.
     
    Last edited: Jun 29, 2011
  18. thebigsicilion

    thebigsicilion Registered Member

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    Find a girl to marry as a business relationship, make sure she has credit, earn your income through the business in her name.

    or

    Pay a bankruptcy attorney to investigate how to file and get the hell away form that ridiculous debt. Im sure there is a way, find the best guy and pay his bill, get great advice

    Thats the only 2 ways I would play it, your to young to have this burden.
     
  19. almir

    almir Power Member

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    Get your shit packed in a bag and move from Netherlands. That's the serious problem you have there and there's no chance you could solve it while living there + it could make your health problems even bigger than they are.