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Yes, you can transfer assets before being sued, but doing so may raise legal concerns, particularly if the transfer is intended to hinder, delay, or defraud creditors. Courts can reverse such transfers if they determine that they were made with the intent to avoid legal obligations. It's essential to consult with a legal professional before making any asset transfers to understand the potential risks and implications.
What else can I help you with?
If you have a joint account with a person that is sued can they come after your other accounts?
No. They can only go after the assets of the person that is being sued. If you have a joint account with that person that is part of the other person's assets. Any account that is just in your name is safe as you are not the person being sued.
What is the best way to get rid of your assets and file for bankruptcy if you are being sued?
Don't do that. It's called fraud.
If you do not have any assets or job can you be sued?
Yes.
What assets can be seized if you are sued?
Assets that can be seized if you are sued include money in bank accounts, real estate, vehicles, investments, and valuable personal property.
If a husband is sued how can the wife protect the family assets?
One way the wife can protect family assets is by ensuring that assets are held in her name only or in a trust that she controls. It may also be advisable for the husband to transfer assets to the wife before any legal action is taken, while keeping in mind the legality and implications of such transfers. Seeking legal advice is crucial to determine the best course of action based on the specific circumstances of the lawsuit.
If you marry a man who is being sued for everything he owns can it affect you in any way after you are married?
yes because once you are married all assets of both people are considered marital assets and can be affected by liens and lawsuits no matter who owns them the wife or husband and even if they wetre iowned before the marriage
Can you file chapter 7 before your court date if you are being sued for an old debt?
Yes, but you have to file listing ALL your debts, not just the one you are being sued for.
Is Avril lavigne being sued?
No. She isn't being sued.
Is frostwire being sued?
No frostwire is not being sued,but lime wire got sued I don't know why frostwire didn't get sued and lime wire did.
Is LimeWire being sued?
LimeWire has been sued.
The us government can only be sued if it to being sued?
no
In VA if the amount being sued exceeds the amount the auto insurance covers what will the defendant be responsible for paying if the defendant owns no real propery and has no assets but is employed?
Wages will be garnished.
