Sort of depends on how you feel about looking over your shoulder, civil/criminal fines and possible jail time.

I focus my practice on business litigation, evictions (commercial/residential) as well as partnership disputes, construction/home improvement litigation and real estate transactions.

I am comfortable with the statutes and can litigate myself, but even I get title insurance 99% of the time.

But then again, we are civilized in Ohio :) Good job my friend!

I've heard of this, called "equity stripping," to make you/your entity less attractive to litigants who might go after those assets.

Setting up banks to litigate based on pre-arranged unqualified applicants for financial gain.

If you were to be sued and were not able to produce these documents, the S-Corp magically disappears taking its corporate veil with it.Also, if you were to be sued personally, since shares in an S-Corp are assets, your S-Corp shares could be awarded to a successful litigant.

And it is a civil matter, not criminal, where burden of proof is a bit lower.

My wife was a civil servant for several years and figured the average full time employee in the departments she worked in worked an average of 500 hours a year at the most, and then retired at 90% of current pay.

So, if lenders are seeking to enforce a DOS clause after a transfer back to the original owner, no one seems to be litigating long enough to appeal.