Subscribe To This Site
XML RSS
Add to Google
Add to My Yahoo!
Add to My MSN
Subscribe with Bloglines
Home
Blog
Popular Topics Negotiating
Being Sued?
Deceased Debts
Credit Reports
Debt Not Mine
Foreclosure
Bankruptcy
Medical Debts
Free Resources Free Worksheet
Q & A
Complaints
Alerts
The Book Our Book
Buy Now
Testimonials
The Authors
Site Info Newsroom
Privacy Policy
Partners
 

Execution in court

by roger
(sioux falls sd)

I had to go in front of judge and answer ? about my assets. Can they go after my wife's wages, 401k and here car? This is all my debt her name not on anything living in South Dakota thanks! roger

Comments for
Execution in court

Click here to add your own comments

Mar 24, 2010
 preparing for court
by: Gerri

Roger,

Thanks for submitting your debt collection question on our Q&A page.

I assume you're going to court because you have been sued and a judgment has been entered against you. Typically, a spouse's income can't be tapped to pay the debt of a spouse who is not a cosigner.

As far as your assets go, a certain property is exempt (safe) from creditors. To be safe, I would really encourage you a free consultation with a bankruptcy attorney as soon as possible.

The attorney can tell you what the judgment creditor can and cannot go after to satisfy your debt. Even if you have no intention of filing, this consultation should answer your questions about what property is safe.

Please let us know how this goes for you.

Click here to add your own comments





Learn how debt collection laws can help you!
This website does not provide legal advice.
All information is for educational purposes only.
Copyright 2007 - 2011 by Mary Reed and Gerri Detweiler.
All rights reserved.

SBI
SBI!

We are honored to be featured as a Best Money Site!

best money sites

free ebook chapter

debt collection help on DebtCollectionAnswers.com