jmorris Posted January 1, 2012 Share Posted January 1, 2012 Why not?It's become a lawsuit society. Everyone a potential victim of a suit. The "in all probability, you will lose everything and maybe have to pay him for the rest of your life." Was the part I disagreed with. There are many ways to protect yourself in business, so I won't go there but even if you operated as an individual and loose a lawsuit for a kajillon dollars, it's not the end of the world. In 2010, 1,593,081 people filed for bankruptcy. Rounding the population to 300 million that's 1 out of every 212. It's likely you know at least one person that has filed themselves and life goes on. http://www.uscourts.gov/Statistics/BankruptcyStatistics.aspx For better or worse, you can't get blood out of a turnip and there are no debtor's prisons Link to comment Share on other sites More sharing options...
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