What happens when your making plenty of residual money monthly, but get sentenced to prison?
June 9, 2008 – 5:09 amJuvenileP101 asked:
Lets say your making $10-20K a month residual income.
Meaning you don’t have to work, its just coming to you
from your business.
You get sentenced to prison for X years.
Your business is still running and your money is going into
the bankaccount.
What happens when you get sentenced?
Does your money stop coming? Is the account frozen?
Or you just lose the money?
I want to know that if when you get out, will that money still be there?
Joseph
Lets say your making $10-20K a month residual income.
Meaning you don’t have to work, its just coming to you
from your business.
You get sentenced to prison for X years.
Your business is still running and your money is going into
the bankaccount.
What happens when you get sentenced?
Does your money stop coming? Is the account frozen?
Or you just lose the money?
I want to know that if when you get out, will that money still be there?
Joseph
2 Responses to “What happens when your making plenty of residual money monthly, but get sentenced to prison?”
Unless it is brought up in your sentencing, it should still be there, but if you have someone you trust I would have it invested somewhere in a long term account, or at least get someone jointly on your account.
By ~*CazilyHappy*~ on Jun 11, 2008
You might need to pay fines but its your money
look into puting it into a corparation .Incorparate in nevada makes it very hard for any one to tuch it
By rick j on Jun 11, 2008