Rich writes:
Hello Dr. Sue we have talked before many times on different types of control like blackmail with Findom’s. I wanted to write and ask you this question, as even though i have been a property of a Mistress for many years i have just recently heard of some slaves entering into legally binding debt contracts with their Mistresses/Findom’s. I was hoping you might educate me a little on what a debt contract is, and is it legally binding, as we know blackmail contracts are not, but i’m unfamiliar with a debt contact.
A debt contract is no different than a blackmail contract in that they are not enforceable. Essentially what the findom is doing is writing up a fake loan-ish document. As if she loaned you money, but hasn’t and you have to make payments to pay off that debt.
I don’t think it takes a law degree to know that making payments on a loan that never existed constitutes a form of money laundering. So it cannot possibly be legal or enforceable.
I’ve discussed this a LOT on my show but I’ll say it again. There is nothing about financial domination that is legal. You can call it gifting all you want but in a court of law financial domination is extortion on behalf of the findom and could again be considered money laundering from the client’s perspective. There have been several women over the years who have been taken to court by disgruntled males who lost a lot of money and decided they wanted it back.
And that’s to say nothing of the tax laws that are more often than not being broken because no one declares the cash they give or receive. Or the fact that during cashmeets a findom can be arrested for solicitation.
This is precisely why companies such as Paypal, Gift Rocket, Cash.me, Square, Greendot, Venmo and more expressly state that they DO NOT allow this type of exchange of money OR ANY ADULT transaction and never have despite brainless women not only using these services but advertising that they do. And since the passing of FOSTA/SESTA there are even less ways to exchange money between a findom and her client.
Smart people know that any type of online or pro domination IS a form of financial domination regardless of calling it that but by doing it in a business format such as through a service like Niteflirt everyone is protected. But the free-wheeling exchange of cash for nothing is illegal.
That’s why the best way to do. It is for the sub to just get a loan from a bank, have that directly deposited into the Domme’s account and the sub make payments. Done.
The sib has simply compensated her for her services.
Hi, thanks for the viewpoints, and a question remains nonetheless.
If I agree to lend a sub $1000 in cash, the sub signs a bona fide receipt confirming the receipt of funds (who can retroactively prove that no actual funds actually, physically passed hands?) in this private transaction, I would imagine that the ensuing payment plan constitutes a legally binding agreement. Whether or not this is ethically above board is not a question a court of law would ask, am I right?
Where is the flaw in my thinking?
You can try it and see and let us know Robert. The entire subject is moot if you make your payments anyway. There is only ever a problem if you don’t pay what you owe.
Hello,
Just to differ with you a bit- I have a legal debt contract that has been drafted by a lawyer, and is not based on the idea of a “bogus loan” which would obviously not be enforceable. Legal debt contracts acknowledge the Debtor is a CUSTOMER who has been rendered services by the Company. These services are confidential in nature due to the request of the customer. The contract is simply a legal acknowledgement that services have been received and the customer is on a payment plan to pay for those services. This is no different than the paperwork you might sign with a phone company when you get a cell phone and make payments on it later. For this to be enforceable the Company (domme) MUST be a legally registered business.
And one half of one percent will actually do it that way. 99.9% are bogus.
If the domme and sub are consenting how is it extorsion those are grown up making their own decisions e’re talking about
Sorry Anissa but no matter how much you may think something is unfair, life doesn’t work that way. Two consenting adults should be able to buy sex from each other too but that is also illegal. In the eyes of the law financial domination is exortion. Debt contracts or contracts of any kind are NOT LEGAL…EVER when in this context.
Let’s say client agrees to purchase from domme the right to follow her Instagram account (the alternative being getting blocked) for $5000. Client agrees in writing to make payments over time with interest. The interest would have to be under the state’s usary limit. Something like that I would think would be legal, assuming the domme reports the income.
Debt contracts are very sexy. I’ve thought a lot about it. lol
They’re never legal. Talk to a lawyer if you doubt me. You can try to make them as legal as you want but in the end it’s just extortion.