[SpamCop-List] Re: Media: Iowa ISP Gets $11B In E-mail Spam Case

[Bill Beyer]

"Skiwi" <skiwi at spamcop.net> wrote in message
news:dpne03$24o$1 at news.spamcop.net...
> D.F. Manno wrote:
> > In article <dpmfue$ft1$1 at news.spamcop.net>,
> >  "Bill Beyer" <bill_beyer at excite.cXoYmZ> wrote:
> >
> >> Since the ISP has obtained a judgement
> >> against the spammer a lien can be placed against all of the spammers
> >> business and quite possibly personal assets. In addition wages can be
> >> garnished and bank accounts frozen, assets can be seized as well.
> >
> > You're assuming that there are assets that can be seized. He may have
made
> > himself judgment-proof, hiding behind shell corporations, putting things
in
> > others' names, renting/leasing equipment instead of owning, etc.
>
> He can't declare bankrupty - and if the ISP 'forgives' the debt, he has
> to pay taxes on that forgiven value as a form of income... the IRS will
> chase a lot harder than other agencies (witness Capone...) - well, we
> can hope!    :-)

Why can't he declare bankruptcy? Dow-Corning did right after the judgement
against them on silicone breast implants was upheld.