Pages:
1
2 |
Udo
Elite Nomad
Posts: 6343
Registered: 4-26-2008
Location: Black Hills, SD/Ensenada/San Felipe
Member Is Offline
Mood: TEQUILA!
|
|
I am speaking about this with a Mexican attorney.
Quote: | Originally posted by boe4fun
So IF and WHEN this is passed and implemented, what does one do if they currently have a fideicomiso; let it expire, keep it in place, have it legally
deconstructed? |
Udo
Youth is wasted on the young!
|
|
akmaxx
Nomad
Posts: 334
Registered: 10-29-2008
Member Is Offline
|
|
Actually plans have been made...
I have a lawyer friend who was in charge of rewriting the states law books to account for this new law in Sinaloa. They mentioned to me that all the
costs, minus the fees, you have paid to banks for fido's are due back to you as the bank was just holding your "bond" in escrow for the gov't.
My lawyer friend is waiting for this to get further along and then they intend to start building a client list of those with long-held fido's due the
biggest returns. When this happens it will be the lawyer with the best relationship at the banks who makes the process smooth.
Interesting to see how this will play out.
|
|
rts551
Elite Nomad
Posts: 6699
Registered: 9-5-2003
Member Is Offline
|
|
Quote: | Originally posted by akmaxx
I have a lawyer friend who was in charge of rewriting the states law books to account for this new law in Sinaloa. They mentioned to me that all the
costs, minus the fees, you have paid to banks for fido's are due back to you as the bank was just holding your "bond" in escrow for the gov't.
My lawyer friend is waiting for this to get further along and then they intend to start building a client list of those with long-held fido's due the
biggest returns. When this happens it will be the lawyer with the best relationship at the banks who makes the process smooth.
Interesting to see how this will play out. |
ja ja ja..... and what will be the "fee: to opt out of your fido.
|
|
DENNIS
Platinum Nomad
Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
Member Is Offline
|
|
Quote: | Originally posted by rts551
ja ja ja..... and what will be the "fee: to opt out of your fido. |
The mere thought of a bank giving back "your" money makes me laugh.
|
|
Udo
Elite Nomad
Posts: 6343
Registered: 4-26-2008
Location: Black Hills, SD/Ensenada/San Felipe
Member Is Offline
Mood: TEQUILA!
|
|
MY sentiments also, DENNIS
Quote: | Originally posted by DENNIS
Quote: | Originally posted by rts551
ja ja ja..... and what will be the "fee: to opt out of your fido. |
The mere thought of a bank giving back "your" money makes me laugh.
|
Udo
Youth is wasted on the young!
|
|
monoloco
Elite Nomad
Posts: 6667
Registered: 7-13-2009
Location: Pescadero BCS
Member Is Offline
|
|
Quote: | Originally posted by boe4fun
So IF and WHEN this is passed and implemented, what does one do if they currently have a fideicomiso; let it expire, keep it in place, have it legally
deconstructed? | You will have to pay the bank to dissolve your fido and transfer the escritura back to you.
Currently the cost is about 2-3k dollars.
|
|
chuckie
Elite Nomad
Posts: 6082
Registered: 2-20-2012
Location: Kansas Prairies
Member Is Offline
Mood: Weary
|
|
Coming and going
|
|
UnoMas
Nomad
Posts: 328
Registered: 2-8-2008
Location: East Cape
Member Is Offline
Mood: Great
|
|
Have a friend that wanted to get out of his fidi because the bank fee was going up 6% every year so he could negotiate it with other banks. His
attorney told him $4000.usd to get out and aprox. $4000.usd for the new one. Always read things carefully before signing. A fidi can be negotiated
with numerous banks in the beginning but not after signing.
|
|
Pages:
1
2 |