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   v. July 27, 2014
damage compensation by circular assignments.

Damage Compensation / circular: In case of wanted damage compensation for financial losses, you can try circular agreements with bank customers who are unable to pay their debt. This uses assignments, the cession of rights.

This is a sample sase.

Example: How to obtain damage compensation for investment losses by circular agreements

Let us suppose that a small business SMALLB Ltd. is in financial difficulties.

Let us suppose that Richbank suddenly cancelled a loan maintained during 15 years, of 20 000 Euro. Let us suppose a typical reason for such unexpected bank behavior:

Let us suppose that Richbank has lost much money by international casino gaming on financial markets. Let us suppose that Richbank is therefore obliged to reduce its loan volume to a tolerable level related to its own funds, as required by law. It is a typical behavior of certain banks in such periods to bring small business customers into bankruptcy risks.

This is not known to the public because politicians mostly do not care what is frequently done by certain banks to small businesses,

Journalists typically do not have enough economic understanding for the impact of this on economy.

Nobody cares...

Let us suppose that a small investor, Mister Cust, a customer of Richbank, invested 20 000 Euro
of his savings one year ago into some risky certificates. Let us suppose that this was based on false consulting by Richbank.

Let us suppose that most or all of this money had to be considered as vaporized one year later.

It was known to the consultant concerned of Richbank that the most probable purpose was a totally secure investment for personal needs after retirement. In this case and without any doubt, the consultant of Richbank violated law, no matter in which country this happened.


If Mister Cust would sell the damage amount for 50 % to SMALLB Ltd.,

He would reduce the initial loss to 50%, and would not need to go to court. For the payment of the 50 %, instalments over the next 10 years could be agreed, increased by usual interest rates for business loans, resulting in 100%.

Mister Cust would get all his money and loose nothing (excepted interest rates). He would be better off, compared with share investment during critical periods on the financial markets.


The SMALLB Ltd. could now cover the loan of 20 000 Euro

by paying Richbank with the 20 000 Euro of damage compensation.


Now Richbank would be in a difficult situation:

To get the loan from SMALLB Ltd., Richbank would have go to Court. Richbank would then have to prove proper consulting by its consultant to the small investor Mister Cust. Mister Cust would not any more be a directly interested and involved person because he has abandoned his personal implication. He would be witness against the bank in this upcoming dispute. He would than not be a totally uninterested witness. But it is left to the judge to evaluate the reliability of his declarations.


If Richbank would go to Court,

it would probably loose. But the outcome is not fully predictable.

This construct is probably valid for all developed countries, hence with an advanced legal system.


Richbank could try to apply special clauses of the loan agreement.

Possibly it authorizes Richbank to claim instant payment of the 20 000 Euro, hence without waiting for the final Court decision. It depends from national legislation if such clauses are allowed and how efficient they are. A good lawyer might typically have success by opposing to this all aspects in favour of SMALLB Ltd..


The best for Richbank would be to settle the circular problem by some peaceful agreement.

This is a relatively probable result. So everybody would be lucky.


Even Richbank has reason to feel lucky.

Instead of paying to Mister Cust significant expenses for Courts and lawyers on top of 100% of the damage, Richbank would close both matters.

While SMALLB Ltd. has apparently proven some financial weaknesses by its exceptional battle strategy, Richbank can now close this loan involvement without any loss risk.

Richbank can cancel in its balance sheet the loan loss provisions related to SMALLB Ltd. and the damage compensation provisions related to Mister Cust. So it might for Richbank result in additional profit on the accounting level. The intended balance volume reduction is obtained, too.


Consultant

If you need any consulting related to this, kindly send a mail to: ok @ jus7.com

The first mails will only concern fee aspects. There is no free consulting available.

For amounts above 1 million Euro or USD

For high amounts, there are also possible circular compensation solutions in case of illegal attempts of over-taxation; or in case of accumulated tax debt resulting otherwise in bankruptcy.

For damage and loan cases above 1 million Euro or USD without evident partners, a search of fitting compensation partners can be ordered. This requires to cover corresponding fees,

For amounts above 1 million Euro or USD, please contact: ok @ mrmio.com

The first mails will only concern fee aspects. There is no free consulting available.


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► Consult / trariff? Please communicate the subject for a suggestion to: ok @ jus7.com (Typical per hour rates: Like those for lawyers.)














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further useful information / similar topics





Enter in the search field on the page top one of these word combinations (or simply copy&paste a whole line into the search field). - Quotation marks, if any, have to be entered exactly in the same position.
Your search words are possibly to adapt to the terminology of your country : ... lawyer ... attorney ... solicitor ... (or barrister).
losses: how to get your money back / attorney ('EEYE )


investor's protection('EEYE )
 

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  shares penal code.  
  bonds penal code.  
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Estate ('EUA )
 

  Real estate funds penal code.  
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  Rental house penal code.  
  Home penal code.  
  owner-occupied home penal code.  
  Condominium penal code.  
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financial services ('EBB )
 

  professional and institutional investors joke.  
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  collective-investment undertakings joke.  
  pension and retirement funds joke.


insurance & similar ('EBB )
 

  insurance companies joke.  
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  iundertakings carrying out retrocession activities joke.  
  employee-participation schemes joke.


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  central bank joke.  
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most expensive verhicles (cars and...) ('BW )
most expensive human Mega errors ('KKY )
 

  Most expensive errors damage.  
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  Most expensive storms damage.  
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business and manipulation / penal code ('EYC )

 
  business penal code.  
  ordering penal code.  
  white-collar crime penal code.  
  health drugs penal code.  
  science penal code.  
  scientific study penal code.
 

  gambling penal code.  
  sport penal code.  
  match fixing penal code.
 

  tax haven penal code.  
  bank secrecy penal code.  
  money laundering penal code.


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(Photo: "David / Goliath"; by Peter Paul Rubens, initially photo-graphed by human brain computer in the year 1616, registered by manual pixel assembly technology, Belgium / Antwerpen.)


How to survive without damage? How to be prepared for the beginning collapse of public finances, pension systems and the health system?
Includes information about a new modern economic crisis theory related to the new expressions:

--- _EN_ + _FR_ marfinettes, marfinette, marfinosi --- _DE_ marfinetten, marfinosi --- _ES(SPAN)_ marfinetas, marfineta, marfinosos --- _IT_ marfinette, marfinetta, marfinosi, marfinoso --- _RU_ марфинеток, марфинетка, марфинози --- _PT_ marfinetes, marfinete, marfinosos --- _ZH(CH) _ 金融木偶 --- _JP_ マリフィット
(Photo: 2004 by Patrick Permien: Hamburg (Germany), Exercise, C pipe (100 l water/min at ~8bar); GNU Free Doc.Lic.v1.2++)


Financial Crisis - Top Menu :
NEW: Euro Crisis 2010...2011: 10 further information and analysis chapters in preparation, also on the partner site volxweb.com various templates for petitions and complaints by EU citizens in 4 languages
Please come back every day.



 img: giant girl, Berlin VOX7 EURO PLUS - Euro Crisis 2010...2012. Marfinettes and Marfinosi?
» Hinder Euro Bankruptcy   EN DE FR
» Childrens petition against public debt   EN DE FR

» Marfinettes: Betting on bad governm.?   EN DE FR
» Marfinosi: Bet on weak governm.?   EN DE FR
» Nation bailout? Teach yours.econom.   EN DE FR economic world crisis / analysis

» Financial crisis / MENU   EN DE FR


Stimulus packages, bailout hysteria

» Stimulus Package / possible solutions   EN
» crisis stop stimulus package competition   EN

Regulation, new concepts,, ..


Reform : Banking regulation


Reform : Tax havens

» Liechtenst.banking secrecy: Example   EN
» Offshore legal? tax haven..   EN
» Childrens petition against public debt   EN DE FR


» Humor: Capital raising / projects.   EN DE FR
» Bribery, embezzlement, greed   EN DE FR
» Corruption / government, nepotism   EN DE FR


Reform : Rating-Agencies
» Rating agenc.: Citizens protest   EN DE FR

» penal code violations: Germany: busin., governm.   EN
» Executive compensation : excessive?   EN
» genetics & greed, money,...   EN DE FR

the Internet of free letter templates

» Menu: Templates & how tos   EN DE FR
» Menu: Contract templates   EN DE FR






A fortune burned due to "expert" advice?
» AHA7 Invest SOS: save your money (menu)   EN DE FR
» Losses: dispute for compensation (menu)   EN DE FR


Strategy rules for loss compensation
(Many English language pages will be added here in several days.- Until now, most pages are only in German language.)
» loss: decision whether complaint   EN DE FR
» Strategy for loss compensation   EN DE FR
» Plan of action for aggrieved investors   EN DE FR


(Photo: 2005 Eric Hensley, Creat.Comm. Attrib. ShareAlike 2.5 Lic.: A school burns, Aberdeen High School, state =Washington /US.)






How it works - its many variants - , and why most of it is never discovered or discovered, but not prosecuted....

» Bribery, embezzlement, greed   EN DE FR
» Corruption / government, nepotism   EN DE FR
» Parody: Polit.party for legalizing bribery   EN DE FR
» Parody: Polit.party for legalizing bribery EN DE FR
» genetics & greed, money,...   EN DE FR

» Marfinettes: Betting on bad governm.?   EN DE FR
» Marfinosi: Bet on weak governm.?   EN DE FR
» Financial crisis / MENU   EN DE FR


Photo: Eug.Pivovarov, Russia.









(Photo: "David / Goliath"; by Peter Paul Rubens, initially photo-graphed by human brain computer in the year 1616, registered by manual pixel assembly technology, Belgium / Antwerpen.)



» MENU: Rental lease agreement   EN DE FR


Photo: Toda Hut (Nilgiris, India). - 2006, by Pratheepps. - Creat.Comm.Attrib.ShAlike 2.5Lic. - Nice gallery about India: www.pratheep.com --- Toda, small (~1000) Indian pastoral community, living in such dwellings, in former times frequently in "fraternal polyandry". (German: "Vielmännerei, mehrere Männer - die Brüder - mit 1 Frau".)



(Image: "La liberté guidant le peuple" (1830). - By Eugène Delacroix ( 1798-1863). Non-digital technology: Irregular color pixels assembled manually.)



» Menu Money Investment   EN DE FR

(Photo: U.S. Air Force Thunderbirds: Airshow, 2007, Colorado. - Publ.dom.)


when the involved interest of a contract can not finance the participation of a legal expert.

» Menu: Contract templates   EN DE FR


     (Photo: © 2007 Don Pedro & Admin.aha7.com


Most important political decisions are based on wrong statistics.
» MENU: wrong economic statistics   EN DE FR


(Photo: By Toni_(f) Frissell (1907-1988): Fashion model underwater, Florida,1947; Libr.of Congr.)



Photo by Kahuroa, 2007: Poumatua (chief), carved; from the Maori meeting house Hotunui, Ngati Maru, Hauraki, built 1878. Now in the Auckland War Memorial Museum, New Zealand.




With the help tool fax7 FAX7 ORGATEXT you will find for the subjects of your choice all free letter templates, samples, prepared application forms available on the Internet.

» Menu: Templates & how tos   EN DE FR

    (Photo: A howling wolf in: Wildpark Eekholt,Germany; by Volker.G.; Lic.GNU Free Doc 1.2++)


    (Photo:. _DE_"Eierlegende Wollmilchsau" (colloquial)
_EN_ (literal:) "An egg laying wool milk swine" (a truly versatile 'magic' tool; IT colloquial equivalent: "Jack of all trades (device)")
_FR_ "mouton à 5 pattes qui pond des œufs et qui donne du lait" (colloquial - literal translation: "a sheep with 5 legs which lays eggs and supplies milk") - 'Photo' by Georg Mittenecker and others; Lic.Creat.Comm.Attr.Sh.Alike v2.5 & v2.0)



» Menu: Templates & how tos   EN DE FR


With the Internet service AHA7 FAIRTAX you will find for the subjects of your choice all available legal, fully authorized and respected possible tax savings.
(just starting, only minimal content until now)
(Photo: by Cameloctober, Thai man, head in crocodile mouth, at Samutprakarn Crocodile Farm +Zoo, Bangkok, Thailand, Lic.Creat.Commons Attr.ShareA.3.0.)




(Photo: A beautiful car from the Golden Age of the American Dream - © 2008, Don Pedro & site admin. aha7.com)


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... Your way out encyclopedia ... compare solutions... rethink your plans.. Next, select your solution of the least evil. - Everything for free: Do it yourself search help.
MENUS :
» Solutions / business owners   EN DE FR

» Solutions for personal debt:   EN DE FR


how to get rid of usury...? 12-month strategies against white-collar gangsters?


» (Europe / valid for EU citizens:) Alsace - 12 months for debt cancellation?   EN DE FR

» (Europe / valid for EU citizens:) UK - 12 months for debt cancellation?   EN DE FR
1

(...when this way perhaps soon free of debt, then pay to correct lenders as far as you can...)
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AHA7 REALOVEST ... AHA7 REAL INVEST


Photo: (1984-11-14) Astronaut Dale A. Gardner holds up a "For Sale" sign refering to the two satellites, Palapa B-2 and Westar 6 that they retrieved from orbit. A portion of each of two recovered satellites is in the lower right corner, near Discovery's aft.




(Photo: 2009 by Alchemist-hp - the archetype dream to produce gold cristals - Creat.Comm. Attrib.ShareAlike 3.0)

(When we did not have the Internet and not Wikipedia, we had the CIA WORLD FACTBOOK. It gave and gives access to all country key data of the world by FD... then CD ...now by Internet. AHA7 JOB FACTBOOK will progressively give access to all job key data of the world, thanks to the Internet. Starting in English, French, German. If many visitors, it will be extended to Chinese, Spanish, Russian, Arabic, Portuguese.)




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