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“I got an email from Chase saying that all our assets are frozen”

jonstokes.com

31–40 of 71 posts

Re: “I got an email from Chase saying that all our assets are frozen”

#31
post #13

Earlier quoted context omitted.

There is a huge difference between the skills necessary to safely hold your money and setting up HTTPS. I bet you that there are a lot of fraudulent banks that are very good with https, but aren't to be trusted.

The difference is the same as the difference between the skills neccessary to be an ambassador and to wipe your bottom - one is trivial, but is a subset of the other. In order to safely run an internetbank, there are a thousand of small things that all must be done right. If they can't even set up (and test, and verify, and maintain) https, what makes you think that they can handle 100% of the much more complicated c…

> one is trivial, but is a subset of the other.

Except you example is false. I see no reason a quadriplegic couldn't serve as an ambassador.

Re: “I got an email from Chase saying that all our assets are frozen”

#32
post #25

Earlier quoted context omitted.

This seems highly unlikely. I only spent one year of law school in MA, but i distinctly remember that any sort of prejudgment attachment required a court order.

I'd believe that, I didn't do a thorough search. But the document that claims to describe Mass DOR collections doesn't cover it.

FWIW: I can find state tax liens with these names on it, but it may or may not be in any way relate to this.

Re: “I got an email from Chase saying that all our assets are frozen”

#35
post #17

Earlier quoted context omitted.

I know from living in Seattle that they're a reputable credit union, but the fact that their home page gives me a certificate error is a bad pattern that trains users to ignore scary red messages. (The problem is that the cert is for www.becu.org , not becu.org .)

I think its because they never intended to be linked to without the www.

That's not really an excuse. This is a pretty trivial thing to fix (update the cert, or force a redirect).

Re: “I got an email from Chase saying that all our assets are frozen”

#36
post #24

Earlier quoted context omitted.

That's what civil asset forfeiture is for. That's drug money you got there you see. (Never mind that if word gets out you will get robbed.)

that's what bitcoin is for. A cold wallet, encrypted and backed up in multiple places would solve that problem.

That's an awfully volatile way to store your life savings.

Re: “I got an email from Chase saying that all our assets are frozen”

#37
post #24

Earlier quoted context omitted.

That's what civil asset forfeiture is for. That's drug money you got there you see. (Never mind that if word gets out you will get robbed.)

that's what bitcoin is for. A cold wallet, encrypted and backed up in multiple places would solve that problem.

Not really a good store of value when its value swings widely. Maybe when it's useful for paying one's rent and bills, but until then, I disagree.

Re: “I got an email from Chase saying that all our assets are frozen”

#39
post #12

If you're wondering (like I was) why MA thinks this guy owes anything at all, it's buried in the middle: "Again, I hadn't lived there or worked there since 2003, but I did own part of a business that was headquartered in MA, and the state was using this fact to harass me for income tax money." So is the MA tax bill based on the profits of that business, or is the state just using it to say "you should pay all your in…

The first part could easily explain it, particularly if the company was an LLC. If you own a stake an LLC, you are liable for the taxes on the profits on your share of the ownership regardless of whether or not you see any of it(at least in GA). Since the author seemed fairly oblivious to this requirement maybe he hadn't paid them since moving out of the state? Since this seems to be from a couple years ago, do anyone have any closure on this situation now?
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