Quote from @Tom Gimer:
Quote from @James Hamling:
Quote from @Tom Gimer:
Quote from @James Hamling:
Quote from @Tom Gimer:
Quote from @James Hamling:
@Marcus Auerbach maybe we should re-ask this question in a reverse manner?
Can anyone answer why/how it is O.J. Simpson has only paid $133k on a many tens of millions judgement from suit he lost decades ago. Keep in mind, LEGALLY has only paid $133k, retained all asset's, no liens, no seizures. legally.
I know the answer, curious if any others do.
Spoiler alert; the answer isn't LLC.
Florida homestead laws.
Incorrect, and very odd answer.
O.J. was CA resident, CA property, CA suit. Again, odd answer.
OJ moved to Florida to take advantage of the unlimited homestead exemption that was in effect at that time.
Note: you may want to research the actual answer before critiquing others.
As noted i DO know the answer. How about the CA real estate? CA asset's? CA account's?
Again, I DO know the answer, and that's not it. That is maybe "a" part of the greater machine, but that's not it.
Honestly, this is getting old. For starters, the facts are wrong. OJ was forced to sell his CA property and other assets, while some were seized and sold to pay towards the civil award. Look it up.
But you asked how he got to keep stuff without it getting levied... to which I replied that he moved to Florida where a levy wasn't going to happen. He did it on purpose. Regarding his pensions and retirement accounts, creditors cannot attach those per federal law.
Ugh....I don't know how you can get thing's so wrong when all you have to do is literally LOOK UP, what I ACTUALLY said is right there, please, keep to what I ACTUALLY wrote and not what your hearing/thinking/assuming I wrote.
I don't detail micro-details of his pension, the IRS lien/levy, all those little thing's, this is a GLOBAL item, a GLOBAL answer that address's the GLOBAL asset's and how he's yet only ever paid, as noted, $133k.
You clearly don't know, but want to assert your assumption of the whole from individual detail's. Ok, fine, have fun, it's already annoying, I'm done wasting time there. There was a GLOBAL point, in the GLOBAL answer to this ALL-ENCOMPASSING question, that as said at start relates to O.P. question.
So context, let's keep to the context and point of things please. O.J. did not protect Hundreds of thousands in just signings, a million+ in book deal, and others asset's via Florida homestead law's now did he, that should be readily obvious.
Again, has only ever paid $133k, legally, how, that's the question. If you don't know, the point is people putting in the very simple work of discovering the answer, it's out there, I googled for it and found it in less than 5 minutes just to double check I wasn't asking the impossible.
And my "source" on the answer is from a person with 1st hand knowledge of the answer. So 2nd hand but I have total confidence in my source. So yes, I know the answer and not from whatever online guesse's and assumptions.
Which as stated I googled for it and DID find 1 rather quick who nailed it. Again, not for any 1 item but the WHOLE question, and answer. GLOBALLY not micro individual items.
