Alright!!!
After a WONDERFUL financial lesson from my husband!!! Here is what I got:
World Co is a 2nd tier lending company. This is not meant disparchingly it is only a term. When you drive by a used Auto Lot and it says "no money down" "Bad Credit" - the owners of the lots usually set up their own financial company to finance these people at higher interest rates. They expect people not to pay and in turn they fee them. When they dont pay at all this is when we are seeing the actul judgements in the clerks office.
NOW, I am starting to understand these maritime documents. If the Billings wanted to become sovereign to avoid paying taxes, they are going to connect themselves to intercoastal waters - where we are tax/duty free - whatever you call it!!
My husband sat here and explained all the financial stuff, maybe I can remember the rest of it shortly!!
Still not sure why they would be murdered over this unless people felt loan sharked at high rates in the auto -
Also, I know it was mentioned that Byrd at one time owned strip clubs. This by way does not make him a bad person in the slightest. Just a business man. But people typical in Cash businesses do not like the IRS or paying taxes!!! If this is the case of his past I WOULD gamble on that fact that he is still involved in some type of cash and carrys, which makes me suspect this man at a BOATLOAD of money in his VERY secure home. This in no way makes him a "bad" person - at the tax rate these days, wish we could all be sooo lucky

ha, a little humor for the evening. So, the sovereinty thing makes complete sense and it makes complete sense if anyone that knew him or did business with him, would know he has a stash of cash.