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Started 501(c)(3). Not paying loans.

...
Sick big main people international law enforcement agency
  05/30/12
explain
aromatic misanthropic meetinghouse
  05/30/12
...
Sick big main people international law enforcement agency
  05/30/12
'splain
Passionate Kitty Cat
  05/30/12
xplain
Hairraiser French Chef
  05/30/12
Probably flame, but your answers to the following will be de...
lake house-broken nursing home
  05/30/12
you don't need to do any of that stuff. the only requirement...
Sick big main people international law enforcement agency
  05/30/12
Uh, you have to be "employed" "full time"...
lake house-broken nursing home
  05/30/12
i took on the debt because i originally planned to work in t...
Sick big main people international law enforcement agency
  05/30/12
So wait, do you still work in biglaw? Or when did you quit a...
lake house-broken nursing home
  05/30/12
no, i quit biglaw about a year ago. i do not pay myself.
Sick big main people international law enforcement agency
  05/30/12
well done brother, I know another bro who did this
brilliant soul-stirring voyeur
  05/30/12
...
Unholy hell idea he suggested
  05/30/12
Might have to cop this scheme after my clerkship is over.
Unholy hell idea he suggested
  05/30/12
I love that their own website includes the following: &qu...
transparent glittery bbw
  05/30/12
Isnt this fraud?
Pale Gas Station Yarmulke
  05/30/12
...
180 university
  05/30/12
...
180 university
  05/30/12
enjoy getting audited bro
Aphrodisiac obsidian sandwich coffee pot
  05/30/12
Definitely flame. Too thin on details. Not that it can't...
lake house-broken nursing home
  05/30/12
the plan is subject to the approval of your application for ...
stimulating onyx queen of the night
  05/30/12
plus he better not actually get another job in those 10 yrs ...
territorial bat shit crazy incel
  05/30/12
if you have your own business/law firm, you could do this th...
stimulating onyx queen of the night
  05/30/12


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Date: May 30th, 2012 9:29 AM
Author: Sick big main people international law enforcement agency



(http://www.autoadmit.com/thread.php?thread_id=1959712&forum_id=2#20791655)



Reply Favorite

Date: May 30th, 2012 9:29 AM
Author: aromatic misanthropic meetinghouse

explain

(http://www.autoadmit.com/thread.php?thread_id=1959712&forum_id=2#20791657)



Reply Favorite

Date: May 30th, 2012 9:33 AM
Author: Sick big main people international law enforcement agency



(http://www.autoadmit.com/thread.php?thread_id=1959712&forum_id=2#20791666)



Reply Favorite

Date: May 30th, 2012 9:29 AM
Author: Passionate Kitty Cat

'splain

(http://www.autoadmit.com/thread.php?thread_id=1959712&forum_id=2#20791658)



Reply Favorite

Date: May 30th, 2012 9:30 AM
Author: Hairraiser French Chef

xplain

(http://www.autoadmit.com/thread.php?thread_id=1959712&forum_id=2#20791662)



Reply Favorite

Date: May 30th, 2012 10:23 AM
Author: lake house-broken nursing home

Probably flame, but your answers to the following will be determinative:

Your hours need to be 30 hours a week 9 months a year right?

What do you do, and how much do you inflate your work time?

How the hell do you come up with non-profit work to do?

How the hell do you get funding?

How the hell do you support yourself?

(http://www.autoadmit.com/thread.php?thread_id=1959712&forum_id=2#20791862)



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Date: May 30th, 2012 11:27 AM
Author: Sick big main people international law enforcement agency

you don't need to do any of that stuff. the only requirement is that you're "employed"

i saved a ton of money through various business ventures prior to law school.

(http://www.autoadmit.com/thread.php?thread_id=1959712&forum_id=2#20792077)



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Date: May 30th, 2012 11:30 AM
Author: lake house-broken nursing home

Uh, you have to be "employed" "full time". That means a certain amount of hours.

I doubt you could be an unpaid employee. Are you saying that you can, and if so, do you have a source for that claim?

Lol so you are making zilch and just sitting around? You have a ton of money yet so much debt that you are doing this scheme? What's your plan, I'm assuming you're not rich and set for life?

(http://www.autoadmit.com/thread.php?thread_id=1959712&forum_id=2#20792094)



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Date: May 30th, 2012 11:37 AM
Author: Sick big main people international law enforcement agency

i took on the debt because i originally planned to work in the government after law school, so i knew that i wouldn't have to pay the loans back.

i ended up working in biglaw, paying minimums and saving like a madman.

i had like 100k in the bank prior to law school too. i would've put it toward tuition, but like i said, it was basically free money.

anyway, i am "employed full time". my 501(c)(3) has a website and crap but i don't actually do anything.

i'm not set for life but i do own a house free and clear so money really isn't an issue. i am single.

(http://www.autoadmit.com/thread.php?thread_id=1959712&forum_id=2#20792121)



Reply Favorite

Date: May 30th, 2012 11:40 AM
Author: lake house-broken nursing home

So wait, do you still work in biglaw? Or when did you quit and why/how?

Do you have any money in your non-profit, where did it come from, and do you pay yourself as an employee?

(http://www.autoadmit.com/thread.php?thread_id=1959712&forum_id=2#20792138)



Reply Favorite

Date: May 30th, 2012 4:28 PM
Author: Sick big main people international law enforcement agency

no, i quit biglaw about a year ago.

i do not pay myself.

(http://www.autoadmit.com/thread.php?thread_id=1959712&forum_id=2#20793779)



Reply Favorite

Date: May 30th, 2012 11:38 AM
Author: brilliant soul-stirring voyeur

well done brother, I know another bro who did this

(http://www.autoadmit.com/thread.php?thread_id=1959712&forum_id=2#20792125)



Reply Favorite

Date: May 30th, 2012 11:42 AM
Author: Unholy hell idea he suggested



(http://www.autoadmit.com/thread.php?thread_id=1959712&forum_id=2#20792145)



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Date: May 30th, 2012 11:55 AM
Author: Unholy hell idea he suggested

Might have to cop this scheme after my clerkship is over.

(http://www.autoadmit.com/thread.php?thread_id=1959712&forum_id=2#20792229)



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Date: May 30th, 2012 2:17 PM
Author: transparent glittery bbw

I love that their own website includes the following:

"The Department cannot make any guarantees regarding the future availability of PSLF. The PSLF Program was created by Congress, and, while not likely, Congress could change or end the PSLF Program. (March 14, 2012)"

(http://www.autoadmit.com/thread.php?thread_id=1959712&forum_id=2#20793033)



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Date: May 30th, 2012 2:19 PM
Author: Pale Gas Station Yarmulke

Isnt this fraud?

(http://www.autoadmit.com/thread.php?thread_id=1959712&forum_id=2#20793043)



Reply Favorite

Date: May 30th, 2012 11:12 PM
Author: 180 university



(http://www.autoadmit.com/thread.php?thread_id=1959712&forum_id=2#20796412)



Reply Favorite

Date: May 30th, 2012 11:44 PM
Author: 180 university



(http://www.autoadmit.com/thread.php?thread_id=1959712&forum_id=2#20796728)



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Date: May 30th, 2012 2:19 PM
Author: Aphrodisiac obsidian sandwich coffee pot

enjoy getting audited bro

(http://www.autoadmit.com/thread.php?thread_id=1959712&forum_id=2#20793050)



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Date: May 30th, 2012 2:26 PM
Author: lake house-broken nursing home

Definitely flame. Too thin on details.

Not that it can't be done.

(http://www.autoadmit.com/thread.php?thread_id=1959712&forum_id=2#20793101)



Reply Favorite

Date: May 30th, 2012 2:48 PM
Author: stimulating onyx queen of the night

the plan is subject to the approval of your application for loan forgiveness in 10 years. it's all up to them, and it's 10 years away.

(http://www.autoadmit.com/thread.php?thread_id=1959712&forum_id=2#20793243)



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Date: May 30th, 2012 11:12 PM
Author: territorial bat shit crazy incel

plus he better not actually get another job in those 10 yrs or they will absolutely claim he didn't work for the non profit full time

(http://www.autoadmit.com/thread.php?thread_id=1959712&forum_id=2#20796408)



Reply Favorite

Date: May 30th, 2012 11:15 PM
Author: stimulating onyx queen of the night

if you have your own business/law firm, you could do this though.

example: you have a consumer bankruptcy firm. setup a 501c3 that counsels debtors on debt relief info. law firm pays this org for "marketing services" or just donates to the 501c3. you pay yourself with the 501c3 in salary. this is your full time employment

(http://www.autoadmit.com/thread.php?thread_id=1959712&forum_id=2#20796439)