Lawsuit question?
Date: Tue, 08/10/2010 - 20:43
I'm trying to figure out some answers. If the creditor decides to take legal action:
1) If I am self-employed, they wouldn't be able to garnish wages as I do not receive a paycheck, correct?
2) If my husband and I have a home, but the mortgage is in his name only, would the creditors be able to place any type of lien on the property since the mortgage isn't in my name?
Thanks in advance!
1) If I am self-employed, they wouldn't be able to garnish wages as I do not receive a paycheck, correct?
2) If my husband and I have a home, but the mortgage is in his name only, would the creditors be able to place any type of lien on the property since the mortgage isn't in my name?
Thanks in advance!
Quote:If I am self-employed, they wouldn't be able to garnish wa
Quote:
If I am self-employed, they wouldn't be able to garnish wages as I do not receive a paycheck, correct? |
Quote:
If my husband and I have a home, but the mortgage is in his name only, would the creditors be able to place any type of lien on the property since the mortgage isn't in my name? |
A community property state is that where both the spouses are held liable for the debt incurred by the other during the marriage.
Quote:Originally Posted by SCThe creditor can garnish if he has
Quote:
Originally Posted by SC The creditor can garnish if he has knowledge of your bank account. |
Huh?
Self employed cannot be garnished.
Bank accounts are easily found....they simply send papers to every bank and all the larger banks in your state. In most cases they get a hit.
If you are not in community state you can endorse your checks ov
If you are not in community state you can endorse your checks over to your husband and let him put in his account. Of course, account can not be joint or could be garnished.
In most cases, as long as your credit cards are in your name only, creditors cannot touch husbands assets.