• partial_accumen@lemmy.world
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    10 months ago

    Judging from context, it appears they try to set up a corporation name their same name in an attempt to shift personal liability to the corporation to skirt paying for things. Except their creditors aren’t playing ball and simply ignoring billing the person. So they are confused why their loophole isn’t working and asking for help how to get out of paying their debts.

    • Starbuck@lemmy.world
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      10 months ago

      I thought that the sovereign citizen thing was all about there being a person and a corporation in the persons name, that are both set up at birth. The all caps thing is magic to them, because that indicates that they are going after the entity not the person.

      • spankinspinach@sh.itjust.works
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        10 months ago

        This is more or less it. Some drivel about when your birth certificate is created you become “incorporated” into society, which is different from the “flesh and blood human”. So they’ll differentiate their normal name as we’d know them from some weird parallel name (in this case all caps), and in practice shift their “debts and liabilities” onto the incorporated person and their assets to the “flesh and blood person”…

        • TheFriar@lemm.ee
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          10 months ago

          Like, I’ve watched a few videos on this (Münecat made an amazing one, thanks to the lemmite who showed her to me), and I still don’t even fully grasp what they believe. Okay, so, the “corporation” is what the government set up and their parents signed into being with their birth certificate. And there is a $3M fund in this “corporation’s” name that they just have to send the right “coupon” or utter the right incantation in order to draw on…(also, I did the math once and if that is to be believed, the US govt has a one QUADRILLION dollar slush fund that just no one has ever said the magic words to access).

          I still haven’t wrapped my head around them sending “0.9 gram of sterling silver” or something, like instead of drawing on “their” $3M account, a quarter somehow…clears their debts? And then they set a date to collect the rest like 99 years in the future or some shit? Christ, I can’t imagine being so deluded that you can think any of this makes sense.