Consider the financial devestation of the defendants, who now have to pay the piper. Good times with $ rolling in is over. Doris Nelson heads directly to jail and does not collect $200. The defendants above, now are in the Trustee's gunsights.
So, the bad news has already come to some.
Example # 1. Paul and Dianne Cooper have a judgement awarded against them of $2,799,426.00 PLUS $59,207.86 per annum since 2009, PLUS costs etc. From this kind of debt it is impossible to flee. No bankruptcy protection for them. Unless they have a great deal of money or assets to liquidate, this will stick to them for a very long time. It may suck up everthing they have and leave their children with nothing. Death may be the only escape. The funny thing about people who make easy money is that they rarely make wise investments, thereby increasing the value, like the wise slave. Usually big money in leads to big money out on extravagances, luxuries and frivolous spending. We do not gloat over their misfortune. It must be viewed as a very strong and striking lesson for the rest of us.
1. Plaintiff, Bruce P. Kriegman, solely in his capacity as court appointed Chapter 11 Trustee for Debtor LLS America, LLC, is hereby awarded Judgment against defendants Paul and Diane Cooper, jointly and severally, as follows: a. Judgment $2,799,426.00; b. Plus prejudgment interest from July 21, 2009 to January 21, 2014 at the federal rate of .47% per annum $59,207.86; c. Plus taxable costs in the amount to be determined by the Court; d. Plus post-judgment interest from the date of Judgment until fully paid at the federal rate of 0.13% per annum (28 U.S.C. § 1961);
Example #2
1. Plaintiff, Bruce P. Kriegman, solely in his capacity as courtappointed Chapter 11 Trustee for Debtor LLS America, LLC, is hereby awarded Judgment against defendants Robert Dill, Jr. and Tracey Dill, jointly and severally, as follows: a. Judgment $410,201.55; b. Plus prejudgment interest from July 21, 2009 to January 21, 2014 at the federal rate of .47% per annum $8,675.76; c. Plus taxable costs in the amount to be determined by the Court; d. Plus post-judgment interest from the date of Judgment until fully paid at the federal rate of 0.13% per annum (28 U.S.C. § 1961);
Example #3
1. Plaintiff, Bruce P. Kriegman, solely in his capacity as courtappointed Chapter 11 Trustee for Debtor LLS America, LLC, is hereby awarded Judgment against defendants Robert Dill, Sr. and Lillian Dill and LilRob, Ltd., jointly and severally, as follows: a. Judgment $930,184.65; b. Plus prejudgment interest from July 21, 2009 to January 21, 2014 at the federal rate of .47% per annum $19,673.41; c. Plus taxable costs in the amount to be determined by the Court; d. Plus post-judgment interest from the date of Judgment until fully paid at the federal rate of 0.13% per annum (28 U.S.C.
