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<p>[QUOTE="medoraman, post: 2036177, member: 26302"]Exactly. Those who bring up the "my SDB can get confiscated" are in reality saying, "I plan on committing a felony and lie about my asset should I ever declare bankruptcy". All assets are conficatable, so anyone saying physically holding them "protects" them more either are predicting the government physically confiscating pm, something they have never done in the history of this country, or simply are planning on committing felony fraud against debtors in the future. Its really the only thing they can be saying, since no SDB has ever been seized save for court due process for debts. Even not paying the rent you can still get the contents back, since by law the banks turn the items over to the state. Contact the state, pay back the rental fee, and get your pm back. Wait too long and the state will sell them, however.</p><p> </p><p>Me, I keep gold and expensive items in SDB since the chances of home robbery or home invasion are like 10,000 times more likely than some kind of doomsday scenario. I have a safe, but its to keep my guns out of my kids hands. I throw cheap stuff in there just to keep organized. However, if the safe gets robbed or there is a home invasion, I am not losing 6 figures of assets.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 2036177, member: 26302"]Exactly. Those who bring up the "my SDB can get confiscated" are in reality saying, "I plan on committing a felony and lie about my asset should I ever declare bankruptcy". All assets are conficatable, so anyone saying physically holding them "protects" them more either are predicting the government physically confiscating pm, something they have never done in the history of this country, or simply are planning on committing felony fraud against debtors in the future. Its really the only thing they can be saying, since no SDB has ever been seized save for court due process for debts. Even not paying the rent you can still get the contents back, since by law the banks turn the items over to the state. Contact the state, pay back the rental fee, and get your pm back. Wait too long and the state will sell them, however. Me, I keep gold and expensive items in SDB since the chances of home robbery or home invasion are like 10,000 times more likely than some kind of doomsday scenario. I have a safe, but its to keep my guns out of my kids hands. I throw cheap stuff in there just to keep organized. However, if the safe gets robbed or there is a home invasion, I am not losing 6 figures of assets.[/QUOTE]
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