Mr Cooper Group Inc (COOP)

[ReikoBlack]

LIBOR settlement is near. Start getting your affairs in order just in case of a payout because it could happen when you least expect it.

This is my order:
Since my funds will go into an IRA, immediately I will transfer enough money into my checking account to pay off all debts on day one. Boom, gone!
Then I will line up a financial counselor and Tax advisor asap. I am already starting to look into that.
If the money is substantial which looks likely, it would be good to have an LLC with an obscure name, not your own. Do it now. It's very easy to set up with your state. Then any properties you buy etc can be in the name of your LLC, or trust as well.
In the future the government could take our bank assets, so I'd get a big Liberty safe, bolt it to your floor in the house and load it up with gold and silver. Ammo too. Start hoarding cash. You can only draw out less than $10K at a time or it gets reported by your bank.
Buy hard assets! Houses, vehicles, etc. The gov can take our bank accounts someday but hard assets would be difficult for them to get at.
Have one person you can trust 100% with your life and give them access to what you are doing. Make sure you can trust them because they could wipe you out! Money changes people. Get your beneficiaries in order. Have a list of your accounts and important numbers and passwords etc. Make sure this is available to your trusted person especially when you travel in case something happens to you. While we all think we will live to 100, we just never know....
Take care and be very careful. Make these decisions carefully. Let's hope we get some money and have to deal with these things! Read books like "sudden money".
Never tell anyone of your new found wealth except close family and your trusted person. People will be tripping over your sidewalk trying to get at your money!