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To All the ‘Factoring’ *******s Out There

by Karl Denninger

I’m dealing with my late Mother’s estate and the number of bottom-feeding jackals who have been calling me is off-the-charts. More than a few send surface mail as well.

The basic scheme is that they want to buy the house out of the estate for about half it’s actual market value.

Uh huh.

That might be something someone who is a sole heir could agree to but if you’re an Executor (“Personal Representative”) for an estate where there are multiple heirs you’re asking to get your butt sanctioned or even sued if you do a deal with these *******s.

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