The process would be much slower yes, but you would be preventing the debt pile up. 

The official answer: The Corporate Transparency Act is intended to provide law enforcement with beneficial ownership information for the purpose of detecting, preventing and punishing terrorism, money laundering and other misconduct through business entities.Uncle Sugar requires us little guys to register and be tracked even though 99.999% of us are not involved in terrorism, money laundering, or other misconduct.

You often see them in coastal areas where the houses are on stilts to prevent damage from king tides or storm damage from flooding.They were a way to do foundations pre-1900 in a lot of areas, especially here in the northwest.

You may not collect anything, but it will sit on his credit report and prevent him from getting a car loan, home loan, or scamming another landlord.

Do you remove the roof from your houses because roofs do not prevent flooding?

It prevents the seller from trying to sell to a different buyer and the title company will catch it. 

It drives me crazy when I hear these stories preventive maintenance is what should be practiced and discussing all avenues of the deal and the borrowers docs in advance.   

Single night stays in a crowed city are a guarantee for a party.Not a fan of single nights because they invariably prevent quality (ie longer) bookings because they punch holes in your calendar.

Same fact pattern but its your tenant who slips and falls instead..... what prevents the tenant from naming the property owner as a defendant in the lawsuit?

. 🫠  but there has been some legislation passed that prevents them from going more than 50 year leases.