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Assets and income that are exempted from creditor lawsuit action is determined by the laws of the state of residency. The property that a debtor can protect from creditor execution is the same property that is noted in a bankruptcy filing. In most cases there are certain federal exemptions that can be used as well as state to stop creditor seizure of specfied property owned by the defendant debtor.

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Q: Is is possible for a creditor to garnish an insurance settlement that you are scheduled to receive?
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Related questions

Will you pay capital gains on an insurance settlement for your house?

Yes this could be possible.


How does working with a credit card settlement company affect your credit score?

It is recommended that you pay an old debt through the original creditor. Credit settlement companies are out to make a profit and they will negotiate terms that are not true. Also, it is possible that you can pay the settlement company but still owe the original creditor. It has happened to me. The negative information reported by the credit card settlement company will affect your score negatively.


Would I pay capital gains on an insurance settlement for your home?

Yes this could be possible.


Do you have to reimburse your medical insurance if you get a medical malpractice settlement?

This largely depends on the jurisdiction. It is possible for some insurers to press for reimbursement from a settlement but it depends on a number of variables as well as the particular laws of the state. The article below goes into more detail on the possible instances where repayment is or is not required.


Can a creditor with a judgment levy a Montana bank account?

Yes, in most cases such such action is possible by a judgment creditor.


Is it possible for a creditor to take your monthly salary after filing bankruptcy?

No, unless the creditor gets relief from stay or the bankruptcy is dismisssed.


When a creditor sue you can they get your own car?

It's possible that you may have to give up your vehicle as collateral, although the creditor would more likely have you wages garnished.


Have a sinkhole claim pending with a out of state insurance Is there an insurance that will cover you until settlement you are not covered now?

That would probably be hard to find if you have an open claim pending. It's usuallly best to stay with that insurer is possible at least until the caim is closed before switching companies.


Was it possible that tobacco saved an early settlement?

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Is there a way to settle garnishment after 4 years?

It may be possible to negotiate a settlement with the creditor after 4 years of garnishment, but it would depend on the specific circumstances and the creditor's willingness to cooperate. You may want to seek advice from a legal professional experienced in debt relief to explore your options.


Was it possible that tobacco saved an early American settlement?

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Is it possible to get free car insurance?

It is not possible to obtain free car insurance in the United States. It may be possible to obtain free car insurance in another country, however. This is mostly out of the question, I'm afraid.