Can assets in husbands name be seized?
I live in California and married. If the cars and checking and savings are in my husband's name can they take any of those items to satisfy a judgement from a credit card I signed for and had to default on due to unemployment?
Reply from DebtCollectionAnswers.com:
You need to talk with a bankruptcy attorney right away. California is a community property state which means your husband's assets could potentially be at risk if there is a judgment against you. (Unfortunately, the reason you defaulted is irrelevant.) You may be able to protect his assets by filing for bankruptcy, and in some cases, spouses can file alone. Please get some legal advice here.
Click here to post comments
Return to Debt Collection Questions.
Learn how debt collection laws can help you!
This website does not provide legal advice.
All information is for educational purposes only.
Copyright 2007 - 2019 by Mary Reed and Gerri Detweiler.
All rights reserved.