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Stock in company

by Gene
(Pittsburgh)

If i have a judgment against me, can they go after the stock I own in my own company?

Comments for
Stock in company

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Jul 30, 2010
 judgment and stock
by: Gerri & Mary

Gene,

We don't know the answer to your question because it would depend on a number of factors including what property you own is exempt under state law. The best place to get advice on this matter would be from a bankruptcy attorney who can tell you what property is safe, and explain what options are available to you for resolving the judgment. We would suggest you go ahead and a free consultation with a bankruptcy attorney to get the answers you need.
Jul 31, 2010
 Stock
by: Anonymous

If the stock belongs to you, they may be able to go after it as personal property, provided they even find out about it. Depending on your exemption laws, it may be excluded but hard to say not knowing your state of residence.

If the stock is owned by the company, it's fully protected and they can't touch it.

Note: This comment was not submitted by the authors of this site, and has not been verified for accuracy.

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