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View Full Version : Can I protect note income from seizure from unsecured creditors?


natureheart
Aug 13, 2010, 03:11 PM
Certain types of income are protected from seizure such as annuities? Can I convert this note to an annuity by investing it or assign it to an LLC?

JudyKayTee
Aug 13, 2010, 03:19 PM
There are time frames within which transfers must be made - the Feds are not stupid.

How soon are you filing?

natureheart
Aug 13, 2010, 03:43 PM
I'm not filing anything. Have no judgements or suits yet. What do feds have to do with question? I will be dealing with unsecured creditors.