Now he did say that if the LLC is an actual partnership with tax documents showing the split of income, that an LLC would do better at protecting assets in that case.

It's hard to do that especially when people are overleveraged on the notes with the new manufactured homes - most times the interest rates are higher than most (double digits) .

(Try this its easy and you get food, wax and medicine for free) Every phone, land line or cell, I ever use is a flat rate unlimited plan.I stopped printing and save everything digitally, you can even get digital signatures on your documents though I haven't started using it yet I have been researching it.AND when ever anybody wants me to do something that cost money,seminars,MLMs new gadgets, telemarketing stuff of any kind,I just say no.

Treasury also wanted details on purchases of mortgage-backed and asset-backed securities, according to documents obtained by Bloomberg News.

Getting an offer accepted also depends on how desperate the asset managers are to get properties off their books.

Either way, I do not know of any area in the country appreciating at double digit per increments these days. $80k to $90k is well over 10%, which is where my question stemmed from.

It's also likely true that the banks don't like the fact that individuals have the opportunity to profit (sometimes greatly) off of their non-performing assets, and they are trying to limit the ability of private citizens gaining on their loss.

Your cash will be returned to you within two years at a double digit return.

Because it is a non performing asset to the bank, the bank is motivated to move it.

A performing loan is an asset on a bank's books.