I understand the theory and concept of how, but my question is why. If you're not using the PERSON, who cares who comes after it? If you did for some reason have an attachment to the PERSON, would you really want to have the Man lien the PERSON? How would you stand behind that and enforce it in a court type scenario without looking dual-minded?
An idea that I had, if your absolutely attached to your PERSON and refuse to let it go; what if you set up a PUBLIC ENTITY(LLC, 503, etc.) or was connected to one somehow, board-member or whatever, the PERSON borrows from the CORPORATION and in turn it gives equitable interest as surety for the loan? Now the CORPORATION can put a lien on the PERSON to secure the interest. Now say some of that interest is property, equitable titles, etc. Now the person has to rent, borrow transportation and clothing from the CORPORATION to go about day to day life. Now the PERSON gives rights of interest to bank accounts and sources of income as surety for the debt to the CORPORATION. Now the PERSON has no property, no income and is completely liened up.
If this was the scenario, wouldn't the PERSONS credit rating go down the tubes? Could it help increase the CORPORATE credit rating? I don't know enough about that to say, but if that was the case wouldn't you end up operating as the CORPORATION anyway? Seems like a lot of trouble to get to the same point as just dropping the PERSON altogether.
How would the Man get an interest like that? Does the Man hold anything of value that the PERSON would need to borrow? A Trust could, but would you want to avail the Trust to the PUBLIC with UCC filings?
Perhaps a Holding Trust, as a Living Man type trust would want to take the place of the CORPORATION from the above scenario. It could lien the PERSON and only avail itself through the PUBLIC filings. Of course the Holding Trust would be liened privately by the Master Trust by borrowing commodities and loaning lawful money to be converted to legal tender for the PERSON to borrow.
Just a couple theories and ideas, I may be off on a few details so any input will be appreciated. I'm not doing anything yet so I have no idea if you would even want to apply it or if it could really work. I myself like the idea of the Holding Trust scenario better.